February Contracts: Continued Excitement

2020-03-04 Frbruary Contract Stats

February has one additional day in a leap year. It’s something to keep in mind when comparing stats to prior Februaries. That one extra day could make a difference since it gave agents 3.57% more time (1/28) to put together deals this February versus last year. As the chart above shows, this February’s performance overwhelmed last February’s performance. There was a 22% increase in the number of deals, which extended the results observed in January.

125 Ridgewood Rd, West Hartford

125 Ridgewood Road, West Hartford

If you want updates, space, and a terrific location, make 125 Ridgewood Road your home. The current owners made many thoughtful cosmetic and mechanical improvements that you’ll enjoy. The first floor features a show stopper chef’s kitchen with Thermador and Subzero appliances, maple cabinetry, stone counters, beautiful tilework, dedicated eat-in space, and a pantry. It opens to a bright family room with vaulted ceiling, skylight, exposed beams, built-in cabinetry, and gas fireplace. There is plenty

January Contracts: Wow!

2020-02-04 January Contract Stats

2020 began with an amazingly active January real estate market. We observed 733 single-family contracts for the month, which is 21% higher than the total from January 2019. We’ve been reporting on contract data monthly, using the same methodology, since 2009. This month’s deal count was the highest we’ve ever seen in any January, or February, or December, or November. Looks like we’re skipping the winter market this year. We also see from the data

Hartford County Multi-Family Review

2020-01-18 Hartford County Multi-Family Market Review 2019

The Hartford County multi-family residential market continued to improve in 2019. The total number of closed deals increased about 3% over the previous year to 928 sales. Activity was up more than 56% from the low point in 2012 when the market was in disarray. Of the three residential property types (single-family, condominium, and multi-family), the multi-family market is the strongest and healthiest. This is true despite the fact that sales totals are well below

81 Kimberly Drive, Manchester

81 Kimberly, Manchester

Thoughtful updates and pride of ownership are on display with this 4-bedroom, 2.5-bathroom colonial, located in one of Manchester’s most popular neighborhoods. The first floor layout is perfect for today’s lifestyle. The formal living and dining rooms accommodate traditional entertaining needs. An expansive, fully renovated kitchen provides abundant cabinet storage and workspace, as well as a generous eat-in space. It features cherry cabinets, Corian counters, a tile backsplash and floors, and sliders to the backyard.