April Contracts: Spring in Greater Hartford

Greater Hartford arrived in the heart of the spring real estate market during April with 1,026 deals reached during the month. It was a 6% increase over last year’s number, and brought the year-to-date deal total to within 1% of the prior year. 2018 is another very active real estate year. Inventory levels remained low, continuing the trend from the first quarter. At the end of April the metric stood at 3 months. A market

March Contracts: Building Towards Spring Peak

The Hartford County single-family market finished March with 919 contracts signed, which represented a nice step up from the February total as the market moved into the prime spring selling season. The monthly total was more than 6% behind the unusually active March 2017 count, and on a year-to-date basis the County is about 3.5% behind the 2017 deal pace. The March total shows that 2018 is progressing nicely. Hartford County has basically maintained the

February Contracts: Still on Trend

After the first two months of the year, the Hartford County real estate market remains on trend with the prior year. The number of single-family contracts in February was 2.7% ahead of the same month in 2017, bringing the year-to-date total to only 1.1% (15 deals) behind 2016. There is not a lot of data to work with at this point in the year, so we generally refrain from trying to draw too many conclusions.

January Contracts: Solid Start

Welcome to 2018, and another exciting year in Greater Hartford real estate. The new year began with a similar level of activity as observed during the past two years. There were 602 single-family contracts during January in Hartford County. This total was about 5% less than last year, but well ahead of the January totals for years prior to 2016. The statistic that jumps out in this report is the inventory metric showing how few

2017 Hartford County Single-Family Sales Data

Hartford County finished 2017 with a slight increase in the number of single-family home sales compared to 2016. The total in the Connecticut MLS database as of 1/4/2018 was 8,649, or 1.6% higher than the previous year. Although there wasn’t significant growth in market activity, the deal total for the year remained close to the 2005 peak, signifying strong overall demand. Looking at the trend in pricing, the chart below shows that both the average