November Contracts: Winding Down

Hartford County Single Family Contracts in November 2015

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

October Contracts: Fall Market Peak

2015-11-06 Hartford County Single Family Contracts in October 2015

The Hartford County single-family home market turned in another strong month in October. A total of 758 contracts came together during the month, which was nearly 18% higher than October of 2014. On a year-to-date basis, there have been over 13% more deals through the first 10 months of this year versus last year. The chart above shows that the outperformance has increased since June. The lower price points continue to show more activity than

June Contracts: Bonus Spring

2015-07-02 Hartford County Single Family Contracts in June 2015

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

May Contracts: Peak Spring

2015-06-07 Hartford County Single Family Contracts in May 2015

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

April Contracts: Yeah, It’s On

2015-05-05 Hartford County Single Family Contracts in April 2015

Hartford County just completed the most active month in years, narrowly edging out May 2014. The single-family deal count represented a 17% increase over the number of deals observed last April, and on a year-to-date basis the County was about 10% ahead of 2014. Earlier in the year we noted that people seem more interested in real estate than they had in quite a while. These numbers begin to quantify the anecdotal observations. Closings, as