August Contracts: A Late Summer Breather

Hartford County Single Family Contracts in August 2013

Single-family contracts dropped to 694 for the month of August, which is a continued fall-off from the spring peak yet still outpacing the 2012 results. On a year-to-date basis the 2013 deal count is about 8% ahead of where we were in 2012 as of the end of August. From an agent’s point of view, the market felt quiet in August. Deals still came together, but the pace was noticeably slower than it had been

Government Intervention in the Real Estate Market

Tax Credit - Trailing 12 Month Sales

While reviewing real estate transaction data, the following chart caught our attention. It shows the number of single-family home sales that have closed in Hartford County over rolling 12 month periods. Said another way, each data point is the number of total sales over the previous 12 months. Note that this chart has nothing to do with values, only transaction counts. The line in the chart bounces around in the 8,000 deals-per-year range from the

July Contracts: Reinterpreting the Summer

Hartford County Single Family Contracts in July 2013

There were 766 single-family contracts written in July in Hartford County. This is an 11% increase over July in 2012, and about a 6% decrease from last month. One important point to note is that we have revised the June contract count upwards by a significant number – see the original June post here. While working on the July numbers we found a spreadsheet error that had caused 67 contracts to be omitted from the

182 Fern St, West Hartford

182 Fern - West Hartford

Your private, top floor retreat combines the architectural details of the early 1900s with modern updates to create a bright, comfortable, spacious and interesting home. Enter through the foyer into the oversized living room, which features a working fireplace and built-in shelving, in addition to crown molding and hardwood floors. Quadruple windows overlook the tree-filled courtyard and the building’s intricate roofline. An open double doorway leads to the generous formal dining room, with more tree-filled

West Hartford Stats: Closing Time

2013-06 West Hartford Transactions by Month

The West Hartford single-family real estate market continues to outperform 2012 in a year-over-year comparison. Closings in June jumped up to 106, which was the best individual month for the town since June 2006 (with 114 closings). Many buyers like to close on their new homes in the summer months. June is usually the peak for closings, with July and August showing modest declines from a June peak depending on the overall strength of the