September Contracts: Falling Activity Levels

2021-10-04 Hartford County Single-Family Inventory in September 2021

Hartford County finished the month of September with 921 single-family contracts signed. The result was the first month since February with fewer than 1,000 contracts, and trailed September 2020 by about 12%. On a year-to-date basis the market is about 4% behind the 2020 contract total, yet about 10% ahead of this point in 2019. The shape of the various trend lines definitely reverted to those of a traditional market, with 2019 being the most

August Contracts: Holding Steady

2021-09-06 Hartford County Single-Family Contracts in August 2021

Hartford County single-family contracts finished the month just over the 1,000 level (again), a strong number for an August. On a year-to-date basis the market was 9.5% ahead of the 2019 total, though about 3% behind 2020’s unusual trend. Inventory inched upwards again during the month, and on a countywide basis stood at about 1 month of homes. This result keeps local real estate firmly in seller’s market territory, which is defined as less than

July Contracts: Slightly Less Demand

2021-08-04 Hartford County Single-Family Contracts in July 2021

The Hartford County real estate market took a small step in the direction of normal in July. Single-family home sales continued to be high, with just over 1,000 contracts signed, but inventory levels inched upwards during the month to give buyers more options to consider. Although the chart above shows a trend for 2021 that looks more like 2019 than 2020, the market is still incredibly active. We are currently on a 5 month streak

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.