Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
It is our annual tradition to look at the full year of data each January to see how the market evolved over the prior year. This is the one time when we analyze price data, as looking at 12 months gives a very large data set and minimizes the impact of seasonality. 2021 was a very active year for the Hartford County real estate market, despite finishing with slightly fewer closed single-family deals than in
Hartford County wrapped up 2021 with 586 single-family contracts in December. The total was about 9% behind December 2020, and the County finished the year about 5% behind the full year 2020 contract total. Despite the decrease in deals it was a very strong year for the real estate market. The inventory of available homes was the story throughout 2021. As of year-end the number of listings dropped to their lowest level yet, breaking through
We spoke with the City of Hartford Assessor earlier today to get an update on the timeline for the City’s 2021 Revaluation. The current target for distributing assigned market values to all the property owners in the City is late January. The Assessor’s staff, and the contractors helping with the revaluation, are taking extra time to be sure that they feel totally confident in the values before sending them out. Even though this approach creates
Hartford County real estate continued the seasonal decline in activity with 830 single-family contracts in November. The total was essentially equal to the November 2020 count, leaving year-to-date activity down about 5% compared to last year. It is clear that buyers and sellers are back to their traditional attitudes about when during the year they collectively want to be most active in the market. 2022 seems likely to follow the seasonal trends of 2019 and
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