While reviewing real estate transaction data, the following chart caught our attention. It shows the number of single-family home sales that have closed in Hartford County over rolling 12 month periods. Said another way, each data point is the number of total sales over the previous 12 months. Note that this chart has nothing to do with values, only transaction counts. The line in the chart bounces around in the 8,000 deals-per-year range from the
July was an active month in the West Hartford single-family real estate market, but not quite as exciting as June. There were 86 closings in July, which was modestly above the 2012 count, and on a year-to-date basis we are about 12% ahead of 2012 in the total number of closed deals. The statistics can shift a lot over the summer months. Buyers that put properties under contract in the spring close on those deals
The West Hartford single-family real estate market continues to outperform 2012 in a year-over-year comparison. Closings in June jumped up to 106, which was the best individual month for the town since June 2006 (with 114 closings). Many buyers like to close on their new homes in the summer months. June is usually the peak for closings, with July and August showing modest declines from a June peak depending on the overall strength of the
Seven hundred and forty-nine single-family homes went under contract in Hartford County during the month of June. As the chart below shows, this was slightly ahead of last year, though a clear decline from the peak of the market in April and May. The summer market begins at different times each year. Last year the spring market momentum carried through August with only a modest fall off in monthly deal totals. This year June is
West Hartford continued to see a strong real estate market through the month of May. Below are the four main charts we track to keep in touch with the overall market in town. Closed transactions were down slightly in May compared to May of last year, 66 versus 70. Despite that, 2013 has outperformed 2012 in deal count over the first five months by about 11%, with 238 closings compared to 214 closings. Looking at
