Negotiated contracts on single-family homes in February 2011 were down about 24% from the year-previous monthly tally. We thought the market felt slow, and the numbers definitely support our anecdotal evidence. Activity levels varied widely between towns. Avon came out of the month as the big winner with a sharp increase in contracts. At the other end of the spectrum, Enfield and Southington finished with less than half the market activity of last year. The
This traditional Cape has the architectural details of the 1930s with numerous modern updates. The home welcomes you with a large living room featuring a red brick fireplace and crown molding. The original oak hardwood floors carry through most of the property. Behind the living room is a large kitchen that has been extended out the back to create a comfortable eat-in space. New cabinets, counters, appliances, and tile make for a dramatic cooking environment.
We spend a lot of time talking about single-family homes and condominiums, but multi-family properties are another important part of the local housing scene. Where are the the multi-families in Hartford County? As you can see by the number of contracts written on this type of property over the past two years, they are concentrated in just a few towns. Lots in Hartford and New Britain, and a solid number in Bristol, Manchester, and East
The number of condominiums that went under contract in Hartford County this January trailed 2010’s total by just over 20%. The drop in activity continues the post tax credit trend from last year. Since this month’s deal count was actually in line with the January 2009 numbers, it appears that the market is simply returning to a more realistic activity level after being goosed by last year’s tax credit. Buyers and sellers successfully negotiated contracts
Last week I received an email from a person inquiring about one of our listings. They wondered if it was still for sale. We get these sorts of messages every now and then. They’re exciting – a new lead and opportunity for our seller. I responded that it was and said that I’d be happy to answer any questions for them or take them for a visit, if they’d like. A few days later they