Three bedroom homes are a core part of Greater Hartford’s housing stock. They are popular with buyers, and usually the most active part of the market. The SmartMLS showed that 3 bedroom homes represented more than 53% of the deals in 2020. However, the price of a 3 bedroom home varies from town to town. The chart below shows pricing for 3 bedroom homes in the 15 Hartford County municipalities that had the most 3
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
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,
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
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