Year to year the Upper Valley market generally speaking was reasonably stable. Units sold year to year do not show significant variation, generally a slight reduction with a corresponding slight increase in sold prices.
The exception to this statement is Norwich which saw units sold fall from 46 in 2018 to 32 in 2019, average sale price dropped 14% as well. With Hartford improving and Hartland/Thetford units sold and pricing generally stable, Norwich stands out as an anomaly in 2019. While there were 14 fewer homes on the market in 2019, it makes one wonder if lack of inventory was the issue or if the change in tax policy is having an effect?
Condos sales in Hanover were consistent year to year with Lebanon showing a decrease in average sale price and units due to market mix. Enfield condo prices improved significantly as the market has adjusted to the costs incurred by the complex to hook up to public sewer.
Assuming trends continue, it seems a safe bet 2020 will look much like the past two years with prices slowing edging up while supply of homes and condominiums on the market remains relatively flat.