February is a short month which buyers used to purchase just over 2 homes per day in West Hartford! We had 58 homeowners accept contracts (not including sales with hubbard clauses) during this month of snow, winter vacation and two tax credits (up to $8,000 for new buyers and up to $6,500 for existing homeowners purchasing a new primary residence).

First, sales in February are up for single-family homes compared either to February, 2009 (58 compared to 37 one year ago) or to January, 2010 ( 34 in January versus 58 in February). The median days-on-market for the sales was 29 days and the median list price was $279,900. Note that the market continues to be soft for homes priced over $600,000. Check my earlier blog entry for 2009 sales details.

February 2010 deposits taken for West Hartford Single-Family Homes & Active Inventory:

                                                                    Under Contract                            For Sale

Under $200,000                                                              7                                   23

$200,000 to $250,000                                                    12                                  23

$250,000 to $300,000                                                    14                                  37

$300,000 to $350,000                                                      8                                  27

$350,000 to $450,000                                                      7                                  32

$450,000 to $600,000                                                      8                                  25

$600,000 to $750,000                                                      2                                  12

Over $750,000                                                                0                                   26

Totals                                                                           58                                 205

For more detailed sales data which applies to your personal situation contact Brent on the web or call his cell at 860-614-8927.

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