Residential real estate activity ticked upwards during the month of October, with 948 single-family contracts in Hartford County. It was significantly fewer than October of last year, but more in line with the traditional seasonal trends most recently seen in 2019. On a year-to-date basis the market finished the month about 5% behind 2020 and 11% ahead of 2019 … it is a very strong year for real estate. Inventory trends showed typical market patterns
Hartford County finished the month of September with 921 single-family contracts signed. The result was the first month since February with fewer than 1,000 contracts, and trailed September 2020 by about 12%. On a year-to-date basis the market is about 4% behind the 2020 contract total, yet about 10% ahead of this point in 2019. The shape of the various trend lines definitely reverted to those of a traditional market, with 2019 being the most
Hartford County single-family contracts finished the month just over the 1,000 level (again), a strong number for an August. On a year-to-date basis the market was 9.5% ahead of the 2019 total, though about 3% behind 2020’s unusual trend. Inventory inched upwards again during the month, and on a countywide basis stood at about 1 month of homes. This result keeps local real estate firmly in seller’s market territory, which is defined as less than
The Hartford County real estate market took a small step in the direction of normal in July. Single-family home sales continued to be high, with just over 1,000 contracts signed, but inventory levels inched upwards during the month to give buyers more options to consider. Although the chart above shows a trend for 2021 that looks more like 2019 than 2020, the market is still incredibly active. We are currently on a 5 month streak
June was a busy month for Hartford County real estate. There were 1,139 contracts signed, which is high for normal years but behind the 2020 pace due to pandemic distorts. The better comparison for this year’s data is the 2019 data. The market showed much less of a decline from May than in 2019. Through the first half of the year there were about 8% more single-family deals than in 2019. Inventory continues to be
