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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