June Contracts: Heading Into Summer

Seven hundred and forty-nine single-family homes went under contract in Hartford County during the month of June. As the chart below shows, this was slightly ahead of last year, though a clear decline from the peak of the market in April and May.

Hartford County Single Family Contracts in June 2013

The summer market begins at different times each year. Last year the spring market momentum carried through August with only a modest fall off in monthly deal totals. This year June is the clear beginning of summer, and it will be interesting to see how the months progress.

We have noticed that new listings that would have attracted considerable interest and attention in the spring are more likely to sit on the market waiting for a buyer. At the same time, there still seems to be buyers out there who didn’t find what they were looking for during the spring rush, so properties continue to go under contract.

Below is the town by town data for the Hartford County single-family market.

Hartford County Single Family Contracts in June 2013 by Town