{"id":13050,"date":"2019-01-22T09:39:57","date_gmt":"2019-01-22T14:39:57","guid":{"rendered":"http:\/\/www.amybergquist.com\/blog\/?p=13050"},"modified":"2019-01-22T09:39:57","modified_gmt":"2019-01-22T14:39:57","slug":"2018-condo-sales-steady-market","status":"publish","type":"post","link":"https:\/\/www.amybergquist.com\/blog\/2019\/01\/22\/2018-condo-sales-steady-market\/","title":{"rendered":"2018 Condo Sales: Steady Market"},"content":{"rendered":"

\"2019-01-21<\/p>\n

Hartford County condominiums maintained their pace of sales in 2018. The deal count increased by 2 properties from 2017 to finish with a total of 2,204 sales.<\/p>\n

\"2019-01-21<\/p>\n

The median condo sales price increased by 2% from the previous year, reaching $153,000. The positive direction was the first meaningful step upwards for the median price in a decade. <\/p>\n

One of the reasons for the long-term downward trend in the median price is that developers have sold fewer “New Construction” condos in the current decade. The chart below shows that there was a wave of new properties built in the previous decade. Those new units, which represented more than 15% of the total number of deals in 2006, played an important role in pushing up the median price.<\/p>\n

\"2019-01-21<\/p>\n

The uptick in median price, and the level deal count, resulted in a reasonably steady distribution of sales by price band. <\/p>\n

\"2019-01-21<\/p>\n

Finally, here is the breakdown of the number of deals and median prices by town. Condominiums are distributed throughout the County, so a number of towns have active condo markets.<\/p>\n

\"2019-01-21<\/p>\n

Don’t hesitate to ask us your condominium questions. We’re experienced agents who are active the local condo market. How can we help you?<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Hartford County condominiums maintained their pace of sales in 2018. The deal count increased by 2 properties from 2017 to finish with a total of 2,204 sales. The median condo sales price increased by 2% from the previous year, reaching $153,000. The positive direction was the first meaningful step upwards for the median price in a decade. One of the reasons for the long-term downward trend in the median price is that developers have sold<\/p>\n

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":[1568,1570,1580,1584,1591],"tags":[2484],"class_list":["post-13050","post","type-post","status-publish","format-standard","hentry","category-buying","category-condos","category-housing-prices","category-market-statistics","category-selling","tag-market-stats"],"_links":{"self":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/13050","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=13050"}],"version-history":[{"count":3,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/13050\/revisions"}],"predecessor-version":[{"id":13058,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/13050\/revisions\/13058"}],"wp:attachment":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/media?parent=13050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/categories?post=13050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/tags?post=13050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}