The residential real estate market for the Greater Woodstock market area tightened further in 2018 – holistically the best year-to-date in a decade. While sales were down 7% in 2018 compared to 2017, they were up 13% compared to any other year aside from 2017 and continued to follow a general rising trend. However, the defining theme of 2018 was not found in the number of homes sold, but rather the markets continuous decline in inventory since 2011. The number of homes actively... [READ MORE]
The Woodstock, Vermont real estate market saw forty-nine (49) sales of single-family homes in 2018. While sales were down 32% compared to 2017, with seventy-two (72) sales, we believe this decrease is not necessarily due to any reduction in buyer demand, but rather a [READ MORE]
Buying activity in the Hanover, New Hampshire real estate market remained strong in 2018. The market saw eighty (80) sales of single-family homes, up 8% from 2017, with seventy-four (74) sales. The average negotiating discount – the % difference between a home’s list price and sale price – was 2.99% in [READ MORE]
The Norwich, Vermont real estate market had a great year in 2018 with forty-six (46) sales of single-family homes in 2018, up from forty-two (42) sales in 2017. The market for luxury properties listed for over $1 million was strong in 2018. Specifically, there were six (6) sales of luxury properties that sold for over $1 million in 2018, an all-time record for the market. [READ MORE]
The Quechee, Vermont real estate market had a record-breaking year in 2018, with fifty-eight (58) sales of single-family homes, up 12% from 2017, and up 205% from the post-recession market trough in 2011. The houses that closed in 2018 were on the market for 189 days before selling, down 57% from a peak of 438 days in 2012. [READ MORE]
The Lyme, New Hampshire real estate market saw nineteen (19) sales of single-family homes in 2018, up 36% compared to 2017, with fourteen (14) sales. As of this writing there were two (2) properties active under contract or and set to close in the coming months. There were two (2) sales of luxury properties over $1 million. [SEE MORE]
The Pomfret, Vermont real estate market had a great 2018, with seventeen (17) sales of single-family homes, up 31% from 2017, with thirteen (13) sales. As of this writing there were two (2) properties active under contract and set to close in the coming months – most likely in the first quarter of 2019. [READ MORE]
The West Windsor, Vermont real estate market had an exceptional, record setting year in 2018, with an all-time high of twenty-four (24) sales of single-family homes, up 26% from 2017, which saw nineteen (19) sales. As of this writing there were four (4) properties active under contract or pending, likely to close in the first quarter of 2019. [READ MORE]
The Hartford Vermont real estate market (excluding the village of Quechee) saw seventy-four (74) sales of single-family homes in 2018, down 17% compared to 2017, which saw eighty-nine (89) sales. While this decrease is significant, we believe it is largely due to limited inventory rather than any reduction in buyer demand. [READ MORE]
The Hartland, Vermont real estate market saw thirty-three (33) sales of single-family homes in 2018, down 25% compared to 2017, with forty (40) sales. It is important to keep in mind, however, that 2017 was the greatest single year on record for the Hartland VT real estate market and [READ MORE]