Real Estate Activity Decrease by Town – May 2010

May is a busy real estate month. More deals are done in the spring than in other times of the year, and the month of May is right there in the middle of the spring. In most years, the months of April and May have the two highest totals of contracts written (buyers and sellers agreeing on a sale). May usually edges out April, but not always. It depends on how the holidays fall, and

Inventory Levels in Greater Hartford

We’ve been showing a lot of houses over the past few weeks. And it seems like there just isn’t anything out there for buyers. What do the inventory levels of single family homes in various towns in the Hartford area tell us? All of the data used to develop this chart came from the CT Multiple Listing Service and is deemed reliable but not guaranteed. We looked at the number of homes currently for sale

Greater Hartford November 2009 Real Estate Market Statistics

For last month’s market statistics post, I made this statement…”It will be interesting to see the results of November, as I feel they will also show an increase over last year as people try to jam in their closing by the November 30 $8,000 first time buyer tax credit deadline.” This was of course before we knew that they would be extending the first time buyer credit beyond November. So how did the closing numbers

Greater Hartford October 2009 Real Estate Market Statistics

October is closed out, so here’s the latest data from the CT Multiple Listing Service for single family homes, deemed reliable, but not guaranteed… My Observations… 1. Overall, the number of Closed Sales are up again, 2.6% this month, when comparing to October 2008. It will be interesting to see the results of November, as I feel they will also show an increase over last year as people try to jam in their closing by

210 Farmington Avenue, Hartford

Right in the middle of Asylum Hill, just up the hill from Downtown, a new apartment option has opened at 210 Farmington Avenue in Hartford. Developer David Nyberg has restored the 1919 apartment house that was originally called The Ambassador (Noted as being added to the Asylum Hill Historic District on the bottom of page 14 in this Fall 2008 Hartford Preservation Alliance Newsletter). The white brick building contains 98 units that are about equally