December Contracts: What a Year!

2021-01-07 Hartford County Single Family Contracts in December 2020

2020 was a most unusual year, both in the real world and in the real estate market. We’ll take a deeper look at what happened later this month, but for now we can confirm that December continued the trends of strong buyer activity and low inventory. Hartford County finished the year with an astonishing 17.7% more single-family contracts that in 2019. As a point of comparison, there were nearly twice as many deals in 2020

November Contracts: Slowing Down

2020-12-02 November Contracts

November was busy, with 839 single-family contracts in Hartford County, but is was much less busy that the previous six months. I’m most interested in exploring why November dropped off so much from October. We had a big election in November. Did you know that? Well, we did. And it’s possible that everything surrounding the election caused people to take a step back to understand the outcome. Most of us have had a good handle

October Contracts: A Fall Bounce

No Zoom Room

Who says that the market cannot have a fall bounce even though the late summer was extremely busy? Hartford County finished October with 1,133 contracts, which was a modest uptick from the September 2020 total and a huge 45% increase over October 2019. To put this result in context, the previous busiest October was 812 contracts in 2018. And not counting 2020, the previous all time busiest month was 1,125 in May 2019. Last month

September Contracts: Over a Thousand

2020-10-05 Hartford County Single Family Contracts in September 2020

Hartford County topped the 1,000 deal mark during a September for the first time since we have been keeping contract statistics. We finished with 1,070 single-family contracts during the month, 34% more than September 2019. The year is now almost 15% ahead of 2019 in terms of total year-to-date deals. Since launching this series in 2009, which is 11 years and 9 months ago, we have reported months with more than 1,000 deals only 15

August Contracts: Well Above Normal

2020-09-03 Hartford County Single Family Contracts in August 2020

With 1,128 single-family contracts recorded, August 2020 was a strong month for the Hartford County real estate market. The total was about 31% higher than last August, but noticeably lower than the July 2020 total. On a year-to-date basis 2020 is trending about 12% ahead of 2019 through August. The bounce back that is visible in the contracts by month data suggests that the spring lockdown was a temporary obstacle in the market. January and