Revisiting Greater Hartford's 2009 Spring Real Estate Market

The summer is essentially over, so we’re closing the books on the spring/summer real estate market. How did we compare to last year? As always, data came from the CT Multiple Listing Service for single family homes only and is deemed reliable, but not guaranteed… My observations… 1. Aggregating the towns, closings this year were just about even with June through August 2008, up just 1.1%. Some towns saw wild fluctuations though. South Windsor, Vernon,

Greater Hartford July 2009 Real Estate Market Statistics

The July real estate market statistics for Greater Hartford are ready and they look better than they have in many months. As always, data came from the CT Multiple Listing Service for single family homes only and is deemed reliable, but not guaranteed… My observations… 1. Twelve of the seventeen towns covered actually saw an increase in the number of closed sales when comparing July 2008 to July 2009. Also, when aggregating these towns, the

Greater Hartford Q2 2009 Real Estate Market Statistics

We’re past the Fourth of July holiday and agents have entered in the last of their closings for June, so it’s time to take a look back at how we fared with real estate sales in the Greater Hartford area during the second quarter. All data was compiled from the CT Multiple Listing Service for single family homes only and is deemed reliable, but not guaranteed. My observations… 1. The number of closed sales for

Multi Family Property in Distress

I had some downtime last night, so I decided to look through the MLS to see how the multi family markets are holding up in the current environment. Although multi family properties can be found throughout the region, they make up a small fraction of the overall residential market in most towns. I started by identifying the towns in which they represent a meaningful portion of the housing stock, which makes the data more interesting

Greater Hartford May 2009 Real Estate Market Statistics

Yesterday I was preparing my data for the May real estate market statistics post and this morning the Courant had an article about housing prices for the state as a whole. While aggregating the state as a whole is good for a macro economic perspective, your average Joe and Jane are more likely to be concerned with what’s going on in their town or the few towns surrounding where they live, as that’s what’s affecting