{"id":12086,"date":"2017-02-06T15:31:27","date_gmt":"2017-02-06T19:31:27","guid":{"rendered":"http:\/\/www.amybergquist.com\/blog\/?p=12086"},"modified":"2017-02-06T15:31:27","modified_gmt":"2017-02-06T19:31:27","slug":"january-contracts-more-buyers-than-sellers","status":"publish","type":"post","link":"https:\/\/www.amybergquist.com\/blog\/2017\/02\/06\/january-contracts-more-buyers-than-sellers\/","title":{"rendered":"January Contracts: More Buyers than Sellers"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.amybergquist.com\/blog\/wp-content\/uploads\/2017\/02\/2017-02-03-Hartford-County-Single-Family-Contracts-in-January-2017.png\" alt=\"2017-02-03 Hartford County Single Family Contracts in January 2017\" width=\"531\" height=\"355\" class=\"aligncenter size-full wp-image-12087\" srcset=\"https:\/\/www.amybergquist.com\/blog\/wp-content\/uploads\/2017\/02\/2017-02-03-Hartford-County-Single-Family-Contracts-in-January-2017.png 531w, https:\/\/www.amybergquist.com\/blog\/wp-content\/uploads\/2017\/02\/2017-02-03-Hartford-County-Single-Family-Contracts-in-January-2017-300x201.png 300w\" sizes=\"auto, (max-width: 531px) 100vw, 531px\" \/><\/p>\n<p>Hartford County began 2017 with 636 single-family homes going under contract in January. The total represented a 4% increase over the total from January 2016.<\/p>\n<p>The market is currently imbalanced in favor of sellers in most price bands. Because most owners target listing their properties in the &#8220;spring market,&#8221; the number of available properties does not grow quickly in January. Buyers have been eager to start their home search this year, and are currently outnumbering sellers by a meaningful margin.<\/p>\n<p>Months of Inventory is the metric that we use to compare the activity level of buyers to the number of homes available for sale. Inventory is currently at 3 months, which is a low number for Hartford County. Buyers have even fewer options at price points below $300,000s, which was the strongest portion of the market in 2016.<\/p>\n<p>We are expecting the real estate markets to be active this year, perhaps even building on <a href=\"http:\/\/www.amybergquist.com\/blog\/2017\/01\/10\/2016-hartford-county-single-family-sales-data\/\">the gains in the number of deals observed from 2014 to 2015 to 2016<\/a>. The best opportunities we see right now are for homeowners looking to move up to a larger home. Most markets are much stronger at the lower price point (where the move-up buyer would sell) than they are at the upper price points (where the move-up buyer would buy).<\/p>\n<p>As always, we&#8217;re here to help with your real estate needs. Feel free to reach out to us at any point.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.amybergquist.com\/blog\/wp-content\/uploads\/2017\/02\/2017-02-03-Hartford-County-Single-Family-Contracts-in-January-2017-by-Town.png\" alt=\"2017-02-03 Hartford County Single Family Contracts in January 2017 by Town\" width=\"392\" height=\"752\" class=\"aligncenter size-full wp-image-12088\" srcset=\"https:\/\/www.amybergquist.com\/blog\/wp-content\/uploads\/2017\/02\/2017-02-03-Hartford-County-Single-Family-Contracts-in-January-2017-by-Town.png 392w, https:\/\/www.amybergquist.com\/blog\/wp-content\/uploads\/2017\/02\/2017-02-03-Hartford-County-Single-Family-Contracts-in-January-2017-by-Town-156x300.png 156w\" sizes=\"auto, (max-width: 392px) 100vw, 392px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hartford County began 2017 with 636 single-family homes going under contract in January. The total represented a 4% increase over the total from January 2016. The market is currently imbalanced in favor of sellers in most price bands. Because most owners target listing their properties in the &#8220;spring market,&#8221; the number of available properties does not grow quickly in January. Buyers have been eager to start their home search this year, and are currently outnumbering<\/p>\n<p class=\"link-more\"><a class=\"myButt three\" href=\"https:\/\/www.amybergquist.com\/blog\/2017\/02\/06\/january-contracts-more-buyers-than-sellers\/\">Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1571,1584],"tags":[4020],"class_list":["post-12086","post","type-post","status-publish","format-standard","hentry","category-contracts","category-market-statistics","tag-market-statistics"],"_links":{"self":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/12086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/comments?post=12086"}],"version-history":[{"count":4,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/12086\/revisions"}],"predecessor-version":[{"id":12092,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/12086\/revisions\/12092"}],"wp:attachment":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/media?parent=12086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/categories?post=12086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/tags?post=12086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}