Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
The first three months of 2016 have been extremely active for the local real estate market. The number of single-family contracts that have been signed in the County is dramatically higher than we have seen in past years. There were 942 deals that came together in March, which was about 34% higher than March of last year. The County finished the first quarter 26% ahead of the first quarter of 2015. We’ve been watching the
The Hartford County single-family real estate market finished November with 574 contracts. The total was 7% higher than November 2014, and was 13% ahead of 2014 on a year-to-date basis. Trends that we have discussed throughout the year continued to hold. Activity grew more strongly at the lower price points, and the inventory of available homes increased as the price point increased. The only price band that experienced fewer deals than in 2014 (on a
It’s been a few months since we published an update on contract activity, and the local markets were rather active over that time. Hartford County finished September with 739 single-family contracts, an increase of about 17% over September of 2014. It was the fourth month in a row of strong outperformance. On a year-to-date basis the County is about 800 deals and 13% ahead of where it was at this point of last year. Year-over-year
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
Hartford County finished May with 943 single-family home deals coming together. The month was 4% more active than May of 2014, and it took over from April of this year as the most active month since we began tracking contract data in 2009. May is traditionally the peak month for contracts in the cyclical real estate market, so we expect that the sales pace will begin to slow as we enter the summer months. Not