Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Hartford County finished July with 868 single-family home contracts, a decline of more than 15% from the July 2017 total. On a year-to-date basis the County is a little less than 4% behind where it was at this point last year. The comparison month, July 2017, was an outlier in last year’s data. The chart above shows that the deal total unexpectedly jumped last July, unlike the total from July 2016. Because of the odd
Halfway through the year, the real estate market is in good shape. Activity levels are in line with the previous two years, which were both strong years for the market. Hartford County finished the month of June with 969 single-family contracts, which was about 3% fewer than the total from last June. On a year-to-date basis the first half of 2018 was about 1.6% behind the first half of 2017. One of the important trends
2018’s monthly deal count increased in May. The 1,089 total was slightly less than the May 2017 total, but a solid increase over the April 2018 count. On a year-to-date basis there have been 1.3% fewer Hartford County single-family home contracts in 2018 than there were through the end of May 2017. May is traditionally the single busiest month of the year. It is also far enough into the year that the town-by-town results have
Greater Hartford arrived in the heart of the spring real estate market during April with 1,026 deals reached during the month. It was a 6% increase over last year’s number, and brought the year-to-date deal total to within 1% of the prior year. 2018 is another very active real estate year. Inventory levels remained low, continuing the trend from the first quarter. At the end of April the metric stood at 3 months. A market
The Hartford County single-family market finished March with 919 contracts signed, which represented a nice step up from the February total as the market moved into the prime spring selling season. The monthly total was more than 6% behind the unusually active March 2017 count, and on a year-to-date basis the County is about 3.5% behind the 2017 deal pace. The March total shows that 2018 is progressing nicely. Hartford County has basically maintained the