Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Hartford County finished the month of August with 855 single-family contracts. The total was an increase over the prior month, and a return to significant outperformance over the prior year. On a year-to-date basis, 2016 is about 12% ahead of 2015 in terms of the total number of contracts signed. The August result makes the July data point look like the outlier. This year had been consistently more active than last year beginning right away
July was the first month of 2016 in which the number of Hartford County single-family contracts did not exceed the total for the corresponding month in 2015. There were 846 deals in the CTMLS, which was about 3% below last year’s total. Despite the July result, on a year-to-date basis 2016 is nearly 13% ahead of 2015’s sales pace. Summer apparently came early to the local real estate markets this year, and that’s just fine
Hartford County finished June with 1,027 single family contracts. It was the third straight month of more than a thousand deals, and a gradual decline from the May peak. The month was slightly busier than the unusually active June 2015. On a year-to-date basis, the first half of 2016 was about 15% ahead of 2015. The outperformance has decreased as spring arrived, though each individual month is still ahead of the corresponding month from last
Hartford County’s active real estate market continued, with 1,056 single-family homes going under contract in May. The year-to-date contract total is more than 19% ahead of this point in 2015. The top chart shows that June was the peak of 2015 sales activity. The peak is usually a month or two earlier, which will make next month an interesting data point. Will the market be able to produce a 3rd consecutive month with over 1,000
With 1,031 single-family contracts, April 2016 took over as the single most active month in the Hartford County real estate market since we began tracking contract data in 2009. The County is 21% ahead of last year’s deal pace. April was the first month in our data set in which the contract total reached four digits. June of 2015 was the previous leader, with 994 contracts. There have only been five months overall that broke