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Quechee, Vermont Real Estate Market Report - First Quarter, 2018

 

Quechee VT Real Estate - 1Q 2018 Cover Art

 

The Quechee, Vermont real estate market had a record-breaking first quarter, with fourteen (14) sales of single-family homes during the first quarter of 2018, up 55% from the nine (9) transactions that transpired in 2017.  And as of April 1st there were fifteen (15) properties active under contract or pending, most of which will close in the coming months.  Should these fifteen properties close during the second quarter (and it is likely there will be some others as well) the second quarter will also set a record for the market.  To put these numbers in perspective; the full year of 2017 saw fifty-two (52) sales of single-family homes, which was an all-time record for the market, and it now looks likely that 2018 will do even better.

 

When evaluating this exceptional first quarter, it is important to take into consideration that buying activity during this period is almost always the slowest of the year, when snow covers the ground and the weather keeps many from wanting to look at houses.  Given the elevated number of sales that transpired even with the harsher winter, we believe that 2018 will be an exceptional year for the Quechee VT real estate market.  Of course, any of these insights would change dramatically should a major stock market adjustment or large national/worldwide economic crisis occur. 

 

The first of the following charts shows historical first quarter sales in Quechee from 2004 through 2017, the second shows historical second quarter sales, and the final pie chart shows the average percentage of sales that occurred during each quarter from 2004 through 2017.

 

Quechee VT Real Estate - 1Q Historical Home Sales

 

Quechee VT Real Estate - 2Q Historical Home Sales

 

Quechee VT Real Estate - 1Q Historical Avg. % Homes Sold Per Quarter

 

A list of all 14 properties that sold/closed in Quechee during 1Q2018 is below.

796 Hathaway Road, Quechee, VT

$60,100

515 Willard Road Drive, Quechee, VT

$130,000

609 Marsh Family Road, Quechee, VT

$224,900

469 Baker Turn, Quechee, VT

$280,000

83 Bentley Road, Quechee, VT

$309,000

524 Baker Turn, Quechee, VT

$370,000

108 Lyman Batcheller Road, Quechee, VT

$370,000

44 Hendee Way, Quechee, VT

$375,000

349 Alden Partridge Rd, Quechee, VT

$385,000

210 Baker Turn, Quechee, VT

$388,000

165 Lyman Batcheller Road, Quechee, VT

$420,000

2024 Quechee Main Street, Quechee, VT

$530,000

88 Hartness Way, Quechee, VT

$552,500

139 Mercy Strong Lane, Quechee, VT

$655,000

 

 

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