January Contracts: Wow!

2020-02-04 January Contract Stats

2020 began with an amazingly active January real estate market. We observed 733 single-family contracts for the month, which is 21% higher than the total from January 2019. We’ve been reporting on contract data monthly, using the same methodology, since 2009. This month’s deal count was the highest we’ve ever seen in any January, or February, or December, or November. Looks like we’re skipping the winter market this year. We also see from the data

2019 Hartford County Single-Family Sales

2020-01-19 Hartford County Single Family Sales

Hartford County finished 2019 with a single-family sales count in the mid-8,000s for the fourth year in a row. Data from SmartMLS shows that this was a similar activity level to the very early 2000s. A key difference from the early 2000s is that the extended period of strong sales activity has not resulted in nearly the same amount of price appreciation. The County’s median sales price increased by nearly 9% between 2015 and 2019,

December Contracts: An Impressive Finish

2020-01-03 Hartford County Single Family Contracts in December 2019

The 2019 real estate market finished with a strong December, and with 3% more contracts overall than 2018. The full year total was the highest we have recorded (since 2009), though within a few percent of the final tally from each of 2016-2019. Price band data suggested increasing home values at price points below $300,000. Evidence included a year-over-year 17% decline in the number of contracts for properties asking less than $100,000, no change to

November Contracts: A Happy Thanksgiving

2019-12-05 Hartford County Single Family Inventory in November 2019

Strong November sales activity extended 2019’s year-to-date lead in contracts signed to about 3% ahead of 2018 totals. There were 699 single-family deals negotiated during the month, which was 4% higher than last November, and continued the consistent 2019 performance visible in the chart above. The number of active listings fell significantly since the last report. There are currently 2,296 properties available for buyers to consider, about 300 (11%) fewer than last year at this

September Contracts: A Strong Month

Hartford County Single Family Contracts in September 2019

The Hartford County single-family home market extended its late-summer strength through September. The County finished the month with 797 contracts, which was more than 16% higher that the unusually slow month observed in September 2018. On a year-to-date basis 2019 was 3.7% ahead of the 2018 contracts total through three quarters. Inventory continues to trend below both 2018 and 2017. The chart below shows it moved down slightly over the past two months. The reduction