The 2012 Hartford County single-family real estate market finished the year strongly. Which really wasn’t a surprise since it had consistently shown an increase in activity throughout the year. The final count shows that the number of contracts for December was up about 10% over the previous December. This wasn’t as much market growth as we had seen in past months, but the strangeness that occurred at the end of 2011 makes the year-over-year comparisons
November contracts came in at 482 deals for the month, which shows a reasonable and normal decline as we head into the colder months and the holiday season. Comparing this November to last year is misleading. The data shows us more than 40% ahead of November 2011, which is much higher than the 25% year-over-year bump that we have been reporting in past months. But last year there was a disruption in the market than
The Hartford County single-family market kept on marching right through September. You’ll notice in the chart below that it was the 7th most active month this year. You’ll also notice that it was a busier month than every month in 2011 except May – the peak of the spring market. There’s another interesting stat that you can’t see in the chart. The number of contracts put together in the first nine months of 2012 has
August was another strong month for Greater Hartford real estate, with little decline in activity from July. The CTMLS shows 679 single-family deals coming together during the month, which is an increase of 27% over last year. Year-to-date the County is 24% ahead of 2011. The market is not really unstoppable, of course. It will slow down over the winter months following the traditional seasonal cycle. The question is more about when buyers and sellers
For the first time since February, the number of single-family homes that went under contract dipped under 700 for a month. July saw 685 contracts come together providing our first evidence that the real estate market may actually take a breather over the summer. July felt surprisingly busy to us – especially the first half, which seemed like a continuation of June and the spring market. We expected the calls and emails to slow down
