February 2016 strongly outperformed 2015 in terms of Hartford County single-family contracts. There was a 24% jump in activity versus the prior year, putting the year-to-date tally at nearly 22% ahead of 2015. Last month we noted that the mild January weather may have played a role in the real estate market’s strong start. Cold weather arrived almost immediately after we pushed published that story, yet the lower temperatures did not discourage buyers. Pleasant weather
It’s a balmy 50 degree day as I report on the January contracts. The weather so far in 2016 has not followed traditional winter patterns. One meager snow storm so far, with about 3 inches of snow at our house. It really hasn’t been that cold either. The real estate market seems to be taking its cues from the weather. There were 611 single-family contracts in Hartford County in January, an 18% increase over last
The Hartford County single-family market finished December with 529 contracts, an increase of 23% over the 429 observed in December of 2014. For the full year there were 8.980 total contracts, which was an increase of 14% over 2014. The above chart shows that 2015 outperformed every month of 2014 except January. In general, the first quarter got off to a bit of a slow start because of the regular snow storms. The weather was
The Hartford County single-family home market turned in another strong month in October. A total of 758 contracts came together during the month, which was nearly 18% higher than October of 2014. On a year-to-date basis, there have been over 13% more deals through the first 10 months of this year versus last year. The chart above shows that the outperformance has increased since June. The lower price points continue to show more activity than
Hartford County had 994 single-family deals come together during the month of June. The total represented an 18% increase over June 2014, and a 5% increase over May of 2015. Last month we titled our May Contracts post “Peak Spring,” which was proven dramatically incorrect. Numerous towns throughout the county outperformed in June, while very few towns showed meaningful drops in activity compared to June of last year. On a year-to-date basis, most of the
