June Contracts: Signs of Easing

2021-07-02 Hartford County Single-Family Inventory in June 2021

June was a busy month for Hartford County real estate. There were 1,139 contracts signed, which is high for normal years but behind the 2020 pace due to pandemic distorts. The better comparison for this year’s data is the 2019 data. The market showed much less of a decline from May than in 2019. Through the first half of the year there were about 8% more single-family deals than in 2019. Inventory continues to be

May Contracts: Still Spring

2021-06-02 Hartford County Single-Family Contracts in May 2021

Hartford County finished May with 1,163 single-family contracts, a total that was in line with the past two years. On a year-to-date basis 2021 is on the fastest deal count pace since we’re been reporting stats. The market was constrained by low levels of available inventory. As of the end of the month the number of active listings had inched up to 752, corresponding to 0.7 months of deals at the recent pace of sales.

April Contracts: More of the Same

Hartford County Single-Family Inventory in April 2021 by Price Band

Hartford County finished April with 1,035 single-family contract signed, which was a respectable number for the month. Comparing the total to April 2020 is pointless because the pandemic brought everything to a halt that month. This year’s total was in line with April results going back to 2016. There was a slight increase in new listings during April, with 1,144 single-family homes entered into the SmartMLS system compared to 1,011 in March. Despite the uptick,

March Contracts: A Fevered Pace

2021-04-02 Hartford County Single-Family Contracts in March 2021

Hartford County finished March with 1,029 single-family home contracts signed. The total was a dramatic improvement over the February 2021 total, and a 10% increase over the pandemic-influenced March 2020 total. The first quarter of the year ended about 3.5% behind the record-setting pace of 2020. In positive news, more homes were listed for sale in March than were in the prior months. The seasonal trends in the real estate market seemed to play out

February Contracts: Slim Pickings

The Hartford County real estate market fell well off the 2020 pace in February. The month finished with 715 single-family contracts compared to 864 last February before the pandemic hit, a decline of over 17%. This February’s total was also only slightly higher than the January 2021 total, signaling something unusual in the market. We have seen flat month-over-month performance to begin the year in our dataset before, but the prior examples were in years