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Hartford, Vermont Real Estate Market Report - Full Year, 2021

 

HARTFORD MARKET AREA

The Hartford, Vermont real estate market saw eighty-four (84) sales of single-family homes in 2021, down from a record-breaking 102 sales in 2020. Despite total sales being down, the average price of sold homes hit an all-time high of $401,257 which translated into the highest total dollar volume on record for the town ($33,705,622).

 

At the time of this writing there were an additional six (6) single-family homes active under contract or pending and likely to close within the coming months.

 

Of all 84 closed homes, buyers paid either at or above the seller’s asking price in fifty-three (53) of those transactions, with the average negotiating discount– percent difference between a home’s list price and sale price– down to an all-time low of 0.90%. With inventory lasting a record-low 30 days on the market prior to sale, Hartford buyers proved they were willing to act fast and pay more this year than ever before.

 

With record-breaking sales, however, comes a record low of inventory left on the market. As of December 31, there were just four (4) single-family homes actively listed in Hartford, down nearly 82% from the same time in 2019. While we remain optimistic about sales in 2022, markets such as Hartford will likely require a significant infusion of new listings to meet continued high demand in the area.

 

GREATER HANOVER-LEBANON MARKET AREA

Like the GWA market, the Greater Hanover-Lebanon market area (Hanover, Hartford, Lebanon, Lyme, Norwich, Plainfield, Strafford) registered its second-highest total number of transactions in history with 401 sales of single-family homes, shy of 2020’s record of 439. Buyers paid either at or above a seller’s asking price in 266 of the 401 sales that transacted over the year, with the average price of a home reaching a record $620,277.

 

Not surprisingly, these record totals have left a vacuum in terms of available inventory, as there were just eighteen (18) single-family homes actively listed in the entire Greater-Hanover market area on December 31, 2021, down from twenty-eight (28) at the same point in 2020 and down sharply from the eighty-four (84) available at this time in 2019.

 

In regard to luxury sales, the Greater Hanover-Lebanon market area saw a record fifty-seven (57) sales of homes that sold/closed for $1 million or more, shattering the previous record of thirty-six (36) set in 2020. The town of Hanover alone recorded thirty (30) luxury sales, its highest total in history.  Snyder Donegan was pleased to represent nineteen (19) of the buyers and/or sellers of those luxury properties, including the highest priced sale in Norwich 2020 (180 Birch Hill Lane –$3.375 million).

 

 

HARTFORD FY 2021 BY THE NUMBERS

  • 84 SOLD single-family homes
    • Average Price: $401,257
    • Median Price: $307,500
    • Total Volume: $33,705,622
    • Average Negotiating Discount: 0.90%
    • Average Days on the Market: 30.1
  • 6 ACTIVE UNDER CONTRACT/PENDING single-family homes
    • Average Price: $417,900
    • Median Price: $359,700
    • Average Days on the Market: 23.8
  • 4 ACTIVELY LISTED single-family homes
    • Average Price: $378,250
    • Median Price: $316,500
    • Average Days on the Market: 93.5

 

Charts illustrating portions of the above information can be found below, followed by a complete list of all 84 properties that sold in Hartford in FY 2021.

A list of all 84 properties that sold/closed in Hartford in FY 2021 is below.

103 Leaf Court, Hartford, VT

$68,000

273 South Main Street, Hartford, VT

$115,000

261 South Main Street, Hartford, VT

$130,000

39 Cedar Street, Hartford, VT

$227,000

73 Saunders Avenue, Hartford, VT

$260,000

147 Westfield Drive, Hartford, VT

$266,000

47 Ry-Kris Lane, Hartford, VT

$275,000

224 Woodlawn Drive, Hartford, VT

$280,000

44 Acorn Street, Hartford, VT

$320,000

72 Brookside Drive, Hartford, VT

$380,000

155 Beacon Hill Road, Hartford, VT

$400,000

338 Fairview Terrace, Hartford, VT

$410,000

157 Chestnut Street, Hartford, VT

$224,000

1586 Hartford Avenue, Hartford, VT

$270,000

50 Fern Street, Hartford, VT

$280,000

72 Pleasant View Terrace, Hartford, VT

$281,500

198 South Street, Hartford, VT

$325,000

154 Frost Park, Hartford, VT

$356,000

103 Aspen Lane, Hartford, VT

$65,000

429 Norwich Avenue, Hartford, VT

$130,000

182 Quechee Hartland Road, Hartford, VT

$165,000

1398 Quechee-Hartland Road, Hartford, VT

$175,000

415 Bliss Road, Hartford, VT

$185,000

193 Fairview Terrace, Hartford, VT

$195,000

153 Norwich Avenue, Hartford, VT

$198,979

177 Norwich Avenue, Hartford, VT

$210,000

219 Wildlife Road, Hartford, VT

$210,000

56 Harper Savage Lane, Hartford, VT

$225,000

54 Foliage Lane, Hartford, VT

$232,000

69 Courtemanche Hill Road, Hartford, VT

$232,000

216 Hazen Street, Hartford, VT

$235,000

840 Fairview Terrace, Hartford, VT

$235,000

3597 Woodstock Road, Hartford, VT

$240,000

466 Rustic Road, Hartford, VT

$257,000

17 Cardinal Drive, Hartford, VT

$259,900

47 Lower Hyde Park, Hartford, VT

$262,000

44 Cascadnac Avenue, Hartford, VT

$264,000

221 Gillette Street, Hartford, VT

$265,000

678 Colonial Drive, Hartford, VT

$265,000

5 Magnolia Circle, Hartford, VT

$280,000

318 Loveland Hill Road, Hartford, VT

$285,000

66 Cascadnac Avenue, Hartford, VT

$287,000

34 Raymond Circle, Hartford, VT

$290,000

803 Hartford Avenue, Hartford, VT

$295,000

2325 North Hartland Road, Hartford, VT

$299,000

80 Gillette Street, Hartford, VT

$300,000

75 Hatley Road, Hartford, VT

$300,000

24 Third Street, Hartford, VT

$305,000

310 Fairview Terrace, Hartford, VT

$310,000

400 Colonial Drive, Hartford, VT

$311,000

116 Remick Road, Hartford, VT

$317,500

53 Hawthorn Street, Hartford, VT

$320,000

77 Acorn Street, Hartford, VT

$325,000

35 Depot Street, Hartford, VT

$330,000

3470 Quechee West Hartford Road, Hartford, VT

$344,900

133 Perkins Place, Hartford, VT

$356,000

344 Fairview Terrace, Hartford, VT

$360,000

12 Perkins Place, Hartford, VT

$365,000

371 Gifford Road, Hartford, VT

$369,000

1706 Hartford Avenue, Hartford, VT

$370,000

84 Butternut Road, Hartford, VT

$379,900

630 Kings Highway, Hartford, VT

$388,000

72 Brookside Drive, Hartford, VT

$390,000

65 Conifer Road, Hartford, VT

$398,000

192 CROSS Street, Hartford, VT

$399,500

17 Lyon Drive, Hartford, VT

$405,000

70 Jericho Street, Hartford, VT

$415,000

1478 Marsh Family Road, Hartford, VT

$416,000

39 Williams Lane, Hartford, VT

$425,000

160 Jennifer Lane, Hartford, VT

$425,000

102 Remember Baker Lane, Hartford, VT

$435,000

136 Worcester Avenue, Hartford, VT

$450,000

21 Iris Way, Hartford, VT

$450,000

398 Valley View Road, Hartford, VT

$451,000

398 Valley View Road, Hartford, VT

$451,000

38 Ozzy Lane, Hartford, VT

$460,000

373 Newton Lane, Hartford, VT

$475,000

1196 Dothan Road, Hartford, VT

$479,000

110 Wright Reservoir Road, Hartford, VT

$497,000

60 O'Connell Court, Hartford, VT

$505,000

1443 Quechee West Hartford Road, Hartford, VT

$551,443

170 Thorn Apple Lane, Hartford, VT

$672,000

165 Owls Nest Drive, Hartford, VT

$807,000

1403 Quechee West Hartford Road, Hartford, VT

$6,888,000

 

 

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