February 2016 strongly outperformed 2015 in terms of Hartford County single-family contracts. There was a 24% jump in activity versus the prior year, putting the year-to-date tally at nearly 22% ahead of 2015. Last month we noted that the mild January weather may have played a role in the real estate market’s strong start. Cold weather arrived almost immediately after we pushed published that story, yet the lower temperatures did not discourage buyers. Pleasant weather
156 North Main Street is a classic brick Colonial with all the right details. A professionally landscaped front yard with newly paved driveway with turnaround, and stone paver walkway welcomes you. Enter into a foyer with coat closet that opens to the main hall. The wide living room is a comfortable spot to relax with built-in shelving, a bay window, and a gas fireplace. Entertain in the formal dining room with a built-in corner cabinet,
It’s a balmy 50 degree day as I report on the January contracts. The weather so far in 2016 has not followed traditional winter patterns. One meager snow storm so far, with about 3 inches of snow at our house. It really hasn’t been that cold either. The real estate market seems to be taking its cues from the weather. There were 611 single-family contracts in Hartford County in January, an 18% increase over last
2015 was a good year for Hartford County real estate. The total number of closed single-family sales recorded in the Connecticut Multiple Listings Service (CTMLS) database was 7,701 (as of 1/6/2016). The number of closed sales increased by 9% over the 2014 total. As the above chart shows, the market is approaching the activity levels seen in the early 2000s. The 7,701 sales are over 14% below the 2005 peak. The increase in sales have
The Hartford County single-family market finished December with 529 contracts, an increase of 23% over the 429 observed in December of 2014. For the full year there were 8.980 total contracts, which was an increase of 14% over 2014. The above chart shows that 2015 outperformed every month of 2014 except January. In general, the first quarter got off to a bit of a slow start because of the regular snow storms. The weather was
