Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
September contract data for Hartford County single-family home sales showed a decrease in activity on both a month-over-month basis and a year-over-year basis. The final count was 620 contracts for September, which was slightly behind the 625 from September 2012. We were very surprised by how the month developed. After a flurry of activity at the end of August and the beginning of September, we were expecting a strong month and a step up in
Single-family contracts dropped to 694 for the month of August, which is a continued fall-off from the spring peak yet still outpacing the 2012 results. On a year-to-date basis the 2013 deal count is about 8% ahead of where we were in 2012 as of the end of August. From an agent’s point of view, the market felt quiet in August. Deals still came together, but the pace was noticeably slower than it had been
July was an active month in the West Hartford single-family real estate market, but not quite as exciting as June. There were 86 closings in July, which was modestly above the 2012 count, and on a year-to-date basis we are about 12% ahead of 2012 in the total number of closed deals. The statistics can shift a lot over the summer months. Buyers that put properties under contract in the spring close on those deals
There were 766 single-family contracts written in July in Hartford County. This is an 11% increase over July in 2012, and about a 6% decrease from last month. One important point to note is that we have revised the June contract count upwards by a significant number – see the original June post here. While working on the July numbers we found a spreadsheet error that had caused 67 contracts to be omitted from the
Seven hundred and forty-nine single-family homes went under contract in Hartford County during the month of June. As the chart below shows, this was slightly ahead of last year, though a clear decline from the peak of the market in April and May. The summer market begins at different times each year. Last year the spring market momentum carried through August with only a modest fall off in monthly deal totals. This year June is