Welcome to 2018, and another exciting year in Greater Hartford real estate. The new year began with a similar level of activity as observed during the past two years. There were 602 single-family contracts during January in Hartford County. This total was about 5% less than last year, but well ahead of the January totals for years prior to 2016. The statistic that jumps out in this report is the inventory metric showing how few
550 Fern is a turnkey home with a family room addition off the back. A landscaped front yard invites you to enter the traditional Colonial. The front-to-back living room is spacious, and includes a gas fireplace. The updated kitchen is open to the dining room, and features stainless appliances, stone counters, multiple pantry closets, and counter seating. A family room with built-in shelving connects the kitchen back around to the living room. The updated full
Hartford County finished 2017 with a slight increase in the number of single-family home sales compared to 2016. The total in the Connecticut MLS database as of 1/4/2018 was 8,649, or 1.6% higher than the previous year. Although there wasn’t significant growth in market activity, the deal total for the year remained close to the 2005 peak, signifying strong overall demand. Looking at the trend in pricing, the chart below shows that both the average
Don’t miss this updated one bedroom plus office located a short walk from West Hartford Center. The unit is on the second floor, offering an open plan and comfortable layout. A spacious foyer with coat closet welcomes you home. The kitchen includes counter seating, and is updated with new cabinets, stone counters, and stainless appliances. An oversized doorway connects to the dining area, which leads to a comfortable living room. Just off the kitchen is
Hartford County finished December with 464 single-family home contracts, more than 12% fewer than December 2016. For the full year we observed 9,767 deals, a mere 17 fewer than the 2016 total. Local real estate performed well during 2017 despite the December finish. We’ll get deeper into the statistics next week by analyzing closed sales for the year. Contract data is interesting because of its immediacy, which is why we report it on a monthly