The CTMLS says that the total cost of the 687 residential properties (single-units, multi-units, and condos) that sold in Hartford in all of 2018 was $109.3 million. This comes out to about $159,153 per property.
West Hartford, which has the most active residential market in this area and strong prices, was able to top that one deal in 2018. The 947 residential deals totaled $311.8 million in total value, which is $329,201 per property.
My mind wanders in many directions when contemplating these data points, but there is one overriding conclusion…
Housing in Greater Hartford is affordable, allowing normal people with regular jobs to pursue ownership opportunities. This is an important advantage we have over NYC and other expensive cities.