Local Market Data
Market Data Third Quarter Hartford County
Stephen Simard eXp Realty Third Quarter 2016 Connecticut Market Report review of the single family and condominium markets throughout Connecticut.
The third quarter saw and average price down 3.7% to $378,600 when compared to last year, single family home sales flat and days on market up. Year to date, more homes have sold have been at lower prices when compared to 2015. Single family homes sold under $350,000 were on the market for the shortest amount of time this quarter with an average of 75 days on market.
What drives a home to sell has a lot to do with the home’s condition. The difference between well-priced homes selling or not depends on whether or not its move in ready.
Hartford County - 2,457 single family homes units sold in Third Quarter 2016, up slightly by 0.12% YOY.
Single family home sales volume increased 4.3% ($667,317,000 vs $639,823,000)
YOY. Average sales price for single family homes was $271,600, up 4.1% YOY Average days on market was 115 for single family homes and 116 for condominiums. Average rental prices were $1,603 per month.
Please see data by town.
For a more in depth interpretation of the numbers call me at 860-919-0991
Stephen Simard eXp Realty Third Quarter 2016 Connecticut Market Report review of the single family and condominium markets throughout Connecticut.
The third quarter saw and average price down 3.7% to $378,600 when compared to last year, single family home sales flat and days on market up. Year to date, more homes have sold have been at lower prices when compared to 2015. Single family homes sold under $350,000 were on the market for the shortest amount of time this quarter with an average of 75 days on market.
What drives a home to sell has a lot to do with the home’s condition. The difference between well-priced homes selling or not depends on whether or not its move in ready.
Hartford County - 2,457 single family homes units sold in Third Quarter 2016, up slightly by 0.12% YOY.
Single family home sales volume increased 4.3% ($667,317,000 vs $639,823,000)
YOY. Average sales price for single family homes was $271,600, up 4.1% YOY Average days on market was 115 for single family homes and 116 for condominiums. Average rental prices were $1,603 per month.
Please see data by town.
For a more in depth interpretation of the numbers call me at 860-919-0991