With all the doom & gloom in the national and local press, I am opening this blog with some statistics (data from the CT Multiple Listing Service as of today - January 31, 2008). Let's first look at closed sales of single family homes in West Hartford over the last 5 years:

Year 2003 2004 2005 2006 2007
           
# of Sales 854 897 851 800 728
           
Avg. List $ 299,154 326,110 362,104 360,022 379,158
           
Avg. Sales $ 292,795 318,963 352,675 353,259 368,941
           
Avg. Days on Mkt. 31 34 35 40 48

 

As you can see, with only 165 houses on the market in West Hartford today (and 62 currently under contract), our market is much healthier than many other parts of this country!

Real estate is local! With 19 years of experience in Hartford County real estate, I would be happy to give you statistics which apply to your neighborhood. Email me (brent@brentbellcrs.com) or call me today (860-614-8927) for more information!