November single-family contract data showed the seasonal decline in the real estate market that almost always happens this time of year. With that said, this November outperformed last November. The number of contracts were a little over 4% higher than they were in the same month of last year. On a year-to-date basis, 2014 single-family contracts are only about 2% behind 2013 in Hartford County. The number of listings actively for sale ticked downwards as
The month of October finished with 643 single-family homes going under contract in Hartford County. The total was a slight increase from the previous month, and a slight decrease from October of 2013. The real estate markets continue to plug along without much flash or excitement. Inventory levels declined since the September report. At 6.4 months worth of homes available, the markets are very slightly into buyer’s market territory (6+ months of homes available). The
Hartford County finished September with 629 single-family contracts, matching the deal count from 2013 almost exactly for the second month in a row. We described September of 2013 as surprisingly slow when we wrote up the recap last year, and feel the same way about the month that just ended. There seemed to be very few buyers prepared to make offers despite fall traditionally being a popular time to buy homes. Inventory levels ticked downwards
The August real estate market showed an unusual level of activity. At 696 contracts, it wasn’t the most active month of the year, and in fact it merely tied the final tally for July. But it was still a busy month, and exciting for the market. Just last month we wrote… Looking ahead, August is traditionally more about vacations and back-to-school preparations than about real estate, making it a difficult data point to interpret. Historically
Hartford County finished May of 2014 with 907 single-family contracts, a late spring spike in activity after a slow start to the year. The 907 May total is a 6% increase over the count in May of 2013. It also begins to close the year-to-date gap that had build up over the first four months of the year, leaving us only 3% behind through May. This month’s total is also the highest count for an
