Over the last few months, we've had a "perfect storm" of low inventory and low mortgage rates.  Add the normal Spring Market to the mix and 💥 you've got a recipe for a crazy market!  With many homes selling within days of going on the market AND for over asking prices, I've broken down the data to pinpoint the hottest town in the Farmington Valley. 

To calculate the data, I've used the same search criteria for each town.  Searching only single family homes that went under contract or sold between 3/1/2020 to 6/17/2020 and were priced up to $500,000.

1. Farmington

Number of homes: 119

Average Days On Market: 60

Median Days On Market: 42

Listing to Sale Price Ratio: 98%

Number of homes sold in under 10 days: 24

2. Avon

Number of homes: 90

Average Days On Market: 62

Median Days On Market: 33

Listing to Sale Price Ratio: 98%

Number of homes sold in under 10 days: 25

3. Canton

Number of homes: 60

Average Days On Market: 57

Median Days On Market: 34

Listing to Sale Price Ratio: 99%

Number of homes sold in under 10 days: 16

4. Simsbury

Number of homes: 205

Average Days On Market: 43

Median Days On Market: 24

Listing to Sale Price Ratio: 100%

Number of homes sold in under 10 days: 66

5. Granby

Number of homes: 114

Average Days On Market: 88

Median Days On Market: 49

Listing to Sale Price Ratio: 100%

Number of homes sold in under 10 days: 23