Diane Valin, Realtor with Keller Williams Realty

Here are the Market Activity Report numbers for May and June 2024, for the Hartford County, CT area. It remains a Seller's market. Slightly fewer listings came on the market in June. However, days on the market stayed low in May and June, with half the properties going under contract in less than 5 days. Buyers need to be decisive, know their purchasing power, and act quickly. If you're a buyer, seller, or investor, reach out to me and I'll be happy to help you. Ask me for a free Comparative Market Analysis and we can discuss what your property is worth in today's market.

Here are the Market Activity Report numbers for April and May 2024, for the Hartford County, CT area. It's a Seller's market, with half the properties going under contract in less than 5 to 6 days. Buyers need to be decisive, know their purchasing power, and act quickly. If you're a buyer, seller, or investor, reach out to me and I'll be happy to help you. Ask me for a free Comparative Market Analysis and we can discuss what your property is worth in today's market.

SOLD!! Congratulations are in order to my seller for selling their investment property in Hartford, going under contract in just 16 days! Many thanks and a shout-out to the law firm of Keily Mira Law whose professionalism and support helped bring this transaction to a successful close.

If you need to buy, sell, or invest, reach out to me! I'll be happy to help. I can provide a market analysis of your home or property to see what is worth in today's market.

Diane Valin, Realtor
Keller Williams Legacy Partners
29 South Main Street, Suite B4
West Hartford, CT 06107
860-670-0011
[email protected]

Here are Hartford County Housing Activity inventory counts for March & April 2023. Of the 506 currently active listings, 130 of them were new listings in April. If you're a buyer, seller, or investor, reach out to me and I'll be happy to help you. Let's discuss what your property is worth in today's market.

Here are Hartford County Housing Activity inventory counts for February and March 2023. Of all of the 430 currently active listings, 103 of them were new listings in March. If you would like inventory counts for a different area, town, or neighborhood, contact me and I'll be happy to provide that to you!

UNDER CONTRACT after only 14 days on the market!
If you need help buying or selling your property, contact me and I'll be happy to help.

Here are Hartford County Housing Activity inventory counts for January and February 2023. Mortgage rates continue to fluctuate, but if you need to buy or sell regardless, I would suggest not trying to time the market. Instead, adjust expectations based on the existing market, the property's location and condition, and your needs. If you would like stats for a different area, town, or neighborhood, contact me and I'll be happy to provide that to you! (The February numbers below are not a typo - 459 went under contract and 459 were closed.)

Here are Hartford County Housing Activity stats for December 2022 and January 2023. If you would like stats for a different area, town, or neighborhood, contact me and I'll be happy to provide that to you!

The Hartford County Market Update has been updated to show the number of new/active listings that came on the market in the previous month. Under Contract and Closed numbers are large because they reflect activity on any active listings that existed prior to and through the previous month.

So where are we in the market at this time? The Greater Hartford Association of Realtors’ opinion about the U.S. housing market is that the market is undergoing a major shift. Affordability continues to be an obstacle for buyers and sellers, mortgage rates have doubled since March, and home prices remain elevated due to a limited supply of homes, although price gains are slowing at a quickening pace. As a result, many homeowners are waiting until market conditions improve to sell their home, while other sellers are increasingly cutting prices and offering concessions to attract a greater number of buyers.

While this may sound like sobering news, you can see from the Hartford County Market Update that properties continue to come on the market, go under contract, and close. Buyers and sellers who adjust their expectations based on market conditions and the availability and costs of financing should be able find a way to complete their sales.

The housing market typically slows down as we move into the Fall and Winter seasons. However, continued high inflation and recent increases in mortgage interest rates are influencing the trend towards declining home sales, declining sales prices, and homes staying on the market longer. Currently in Hartford County, homes are selling, on average, about 3% above listing price. Inventory remains lower than normal with about 1.5 months of supply, and are on the market an average of 28 days.

Inventory remains low for buyers in Hartford County, although 1,400+ previously active homes went under contract or have sold in the last 4 weeks. We’re moving into the spring market, when historically more homes come on the market. Inflation, mortgage rates, and Fed interest rates can influence the housing market as well. Whether buying or selling, give me a call, and I’ll help guide you through the ever changing market!

In the last 4 weeks in Hartford County, many properties have gone under contract or have sold. There are typically lower numbers of properties available during the winter months. Right now, there is about a one month’s supply of inventory. Average sales prices are currently 1.2% to 3% higher than list prices. Armed with accurate information about the current market, and adjusting expectations appropriately, buyers and sellers can continue to participate in today’s real estate market. If you are ready to buy or sell, I'll be happy to guide you through the ever-changing market conditions and help you successfully complete your purchase or sale.

2021 certainly brought us year of very active local market activity, multiple offers, and increased sales prices! As we move into 2022, the real estate market will continue to be influenced by various factors. I'll be happy to guide you, as a buyer or a seller, through the ever changing market conditions. Here's a look at the current inventory numbers, for Hartford County, for the first half of January.