{"id":3369,"date":"2009-10-07T19:57:30","date_gmt":"2009-10-07T23:57:30","guid":{"rendered":"http:\/\/www.amybergquist.com\/blog\/?p=3369"},"modified":"2009-10-07T19:57:30","modified_gmt":"2009-10-07T23:57:30","slug":"greater-hartford-q3-2009-real-estate-market-statistics","status":"publish","type":"post","link":"https:\/\/www.amybergquist.com\/blog\/2009\/10\/07\/greater-hartford-q3-2009-real-estate-market-statistics\/","title":{"rendered":"Greater Hartford Q3 2009 Real Estate Market Statistics"},"content":{"rendered":"<p>We&#8217;ve moved into the last quarter of the year and you can tell fall is here; the leaves are changing, it&#8217;s apple picking time, and I&#8217;m wearing long sleeves on my morning runs.<\/p>\n<p>How did the Greater Hartford real estate market do in the third quarter of 2009?  Here&#8217;s the latest data from the CT Multiple Listing Service for single family homes, deemed reliable, but not guaranteed&#8230;<\/p>\n<p><center><br \/>\n<img decoding=\"async\" src=\"http:\/\/www.amybergquist.com\/blog\/wp-content\/uploads\/2009\/10\/2009_Jul_Sep_GreaterHartfordRealEstateStatistics.jpg\" alt=\"2009_Jul_Sep_GreaterHartfordRealEstateStatistics\" title=\"2009 Jul-Sep Greater Hartford Real Estate Statistics\" class=\"alignnone size-full wp-image-3371\" \/><br \/>\n<\/center><\/p>\n<p><strong>My Observations&#8230;<\/strong><\/p>\n<p><strong>1. <\/strong> The number of closed sales for the third quarter of 2009 increased from the same time period for 2008. Aggregated, the number of closed sales in these towns increased by 6%.  That&#8217;s a pretty healthy increase, closed sales had decreased for the past several quarters.<\/p>\n<p><strong>2.<\/strong>  Prices aren&#8217;t doing nearly as well.  Every town but Manchester saw a decline in the Median Sale Price, several seeing decreases of more than 10% when comparing to Q3 of 2008.  Days on Market also increased in most towns, so homes are selling for less and taking longer to sell.  Not ideal if you&#8217;re a Seller.<\/p>\n<p><strong>3.<\/strong>  The last column of data related to current Months of Inventory is telling an interesting story.  The cells shaded blue are the towns that are currently a Neutral market (between 3-6 months of inventory).  Newington, shaded green, is a Seller\u00e2\u20ac\u2122s market (less than 3 months of inventory).  The 4 remaining towns, shaded peach, are Buyer\u00e2\u20ac\u2122s markets (6+ months of inventory).  While the majority of the towns are Neutral markets right now, we will most likely see many of them move towards Buyer&#8217;s markets as we move into the winter months, as sales historically slow in the last 3 months of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We&#8217;ve moved into the last quarter of the year and you can tell fall is here; the leaves are changing, it&#8217;s apple picking time, and I&#8217;m wearing long sleeves on my morning runs. How did the Greater Hartford real estate market do in the third quarter of 2009? Here&#8217;s the latest data from the CT Multiple Listing Service for single family homes, deemed reliable, but not guaranteed&#8230; My Observations&#8230; 1. The number of closed sales<\/p>\n<p class=\"link-more\"><a class=\"myButt three\" href=\"https:\/\/www.amybergquist.com\/blog\/2009\/10\/07\/greater-hartford-q3-2009-real-estate-market-statistics\/\">Continue Reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1568,1584,1591],"tags":[1627,1735,1782,1826,1845,1992,2048,2112,2212,2220,4017,2312,2384,2476,4020,2506,2556,2561,2638,2712,2788,2831,4026,2888,3029,4030,3086],"class_list":["post-3369","post","type-post","status-publish","format-standard","hentry","category-buying","category-market-statistics","category-selling","tag-1627","tag-avon","tag-bloomfield","tag-buyers-market","tag-canton","tag-days-on-market","tag-east-hartford","tag-farmington","tag-glastonbury","tag-greater-hartford","tag-hartford","tag-home-sales","tag-inventory","tag-manchester","tag-market-statistics","tag-median-sale-price","tag-new-britain","tag-newington","tag-plainville","tag-real-estate","tag-rocky-hill","tag-sellers-market","tag-simsbury","tag-south-windsor","tag-vernon","tag-west-hartford","tag-wethersfield"],"_links":{"self":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/3369","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/comments?post=3369"}],"version-history":[{"count":0,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/posts\/3369\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/media?parent=3369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/categories?post=3369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amybergquist.com\/blog\/wp-json\/wp\/v2\/tags?post=3369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}