2020 Single-Family Results by Town

Porch 9155 BW 1920

I really enjoy gathering and reviewing year-end data from the Greater Hartford real estate market, probably to an unhealthy degree. There is a lot to consider this year, so I broke the analysis into multiple articles. This is Part 3 of the year-end review. The first installment focused on the number of sales, while the second installment looked at pricing. Greater Hartford is divided into many, many towns. These stats look at the 29 municipalities

2020 Single-Family Home Prices

2021-01-11 Hartford County Single-Family Prices in 2020

I really enjoy gathering and reviewing year-end data from the Greater Hartford real estate market, probably to an unhealthy degree. There is a lot to consider this year, so I broke the analysis into multiple articles. This is Part 2 of the year-end review … the first installment focused on the number of sales. The sharp increase in demand for Hartford County single-family homes during 2020, combined with a decrease in supply of available homes,

2020 Year-End Single-Family Deals

2021-01-11 Hartford County Single-Family Transactions in 2020

I really enjoy gathering and reviewing year-end data from the Greater Hartford real estate market, probably to an unhealthy degree. There is a lot to consider this year, so I’m going to break the analysis into multiple articles. This is Part 1 of the year-end review … let’s reminisce about 2020! Hartford County experienced a strong increase in the number of single-family real estate transactions during 2020. Our local MLS, called SmartMLS, included 9,907 closed

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

Taking Advantage of Low Inventory

2020-12-06 Taking Advantage of Low Inventory

Opportunities often arise when a market is out of balance. Right now the real estate markets are severely out of balance with far more demand for housing than supply. Part of our job as real estate advisers to highlight and explain these opportunities. Sellers currently have the upper hand in the market, and therefore the opportunity. However, slight variations in the current environment mean that this is a more valuable opportunity for some owners than