Summer Listings

2020-07-27 Summer Weather

Summer is here. I can tell by the “Excessive Heat” warning in place due to today’s predicted 98 degree high temperature. That’s summer weather. But how does summer weather impact the real estate market? It’s time to update our chart of weekly listings to include the second half of the year. The number of Hartford County single-family listings each week is shown by the blue area in the background. As a point of comparison, the

New Listing Trends: Update

2020-06-20 Weekly Listings

Hartford County single-family owners have returned to a level of new listings that is in line with seasonal trends. Listing counts over the past three weeks have matched 2019 totals almost exactly. We have been watching the real estate market to see how it rebounds from the stay-at-home orders that interrupted the spring market. Our hope is that the spring market will shift into the summer months. There continues to be a very high level

New Listings and the Broader Market

Weekly Listings

I’ve been tracking the number of new listings on a weekly basis to understand how the coronavirus impacted the Greater Hartford real estate market. Data about new listings is easily gathered from the MLS, and is an immediate gauge of seller sentiment. Because the market was already showing low inventory before the virus arrived, new listings seemed like it would be the obvious bottleneck in the market. The manner in which the listing data was

West Hartford Stats: End of Summer

2013-08 West Hartford Transactions by Month

West Hartford finished August 2013 with 84 single-family closings, up from 76 in August of 2012. Overall the town is about 12% ahead of 2012 in terms of transactions. The most active price bands are showing an increase in activity over the past 12 months. Homes priced at the upper end of the market are in line with the previous year. However, at the lower end of the market there has been a 13% decrease

December Contracts: Making Up For November

December single-family contracts came in at 357 for Hartford County, which was slightly higher that the number of deals that came together in November. December is traditionally the slowest month of the year, so having it outpace any other month is a bit of a surprise. We think that the usually large snow storm, which was felt through the beginning of November, worked to push some business into the year’s final month. This December also