It’s April and the first quarter of 2009 is behind us. That means it’s time for real estate market statistics for the Hartford area. I’m going to tell you that while I was compiling this information last night, it was not giving me the warm fuzzies. In fact, it was making me feel a little sick to my stomach. The numbers are less than stellar. But they are what they are, so let’s take a
One of my favorite real estate statistics is the number of homes sold. It is a simple metric that is not influenced by the purchase price of properties. Only the seasonality of the real estate markets needs to be considered. I like to look at the trailing 12 month number of transactions so that I am always getting data from each month of the year. Previous posts have shown that prices in West Hartford have
February just ended so it’s time for some more real estate statistics for the Greater Hartford area. As always, data comes from the CT Multiple Listing Service, is deemed reliable but not guaranteed, and is for single family homes only. My analysis follows after the chart… My observations… 1. Just like January, there were so few transactions in some of the towns that this data is not very statistically relevant, particularly the Median Sale Price
One month ends and another begins, so that must mean it’s time for some more real estate statistics for the Greater Hartford area. As always, data comes from the CT Multiple Listing Service, is deemed reliable but not guaranteed, and is for single family homes only. Here is the data and let me just say the results are not pretty. My analysis follows after the chart… My observations… 1. First off, let me just warn
Recently I wrote a post covering 2008 real estate market statistics for the Greater Hartford area. This post focuses on data specific to Wethersfield, Connecticut. All information came from the CTMLS and is deemed reliable, but not guaranteed. All data is for single family homes only. Median sale price for 2008 was $256,000 compared to $263,000 in 2007. The Average Days on Market for 2008 was 58 days, versus 57 days last year. The Average