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

 

Woodstock VT Real Estate - 1Q 2018 Cover Art

 

The Woodstock, Vermont real estate market saw eleven (11) sales of single-family homes during the first quarter of 2018, down substantially compared to 2017, with twenty-one (21) sales.  But it’s important to take into consideration that 2017 may have been an outlier for the Woodstock market considering that it was up about 30% compared to any other year on record.

 

It’s also important to remember that buying activity is almost always slowest during the first quarter, because snow covers the ground and cold weather discourages many from wanting to go out and look at houses.  And this past winter was more harsh and longer in duration than many prior years, potentially impacting first quarter sales to an even greater degree.

 

As of April 1st there were eleven (11) properties active with contract or pending, most of which will close during the second quarter, and will very likely be joined by quite a few other properties that will close before the end of that period.  In addition, three of these eleven properties that are under contract are listed for over $1 million, demonstrating that there continues to be buying activity in the luxury market.  Given all of this, we believe 2018 will be another great year for the Woodstock VT real estate market (barring any major national/worldwide economic crises).

 

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

 

Woodstock VT Real Estate - 1Q Historical Home Sales

 

Woodstock VT Real Estate - Historical 1Q Home Sales

 

A list of all 11 properties that sold/closed in Woodstock during 1Q2018 is below.

5 Heritage Condo Way, Woodstock, VT

$125,000

10 Highland Avenue, Woodstock, VT

$220,000

4 Golf Avenue, Woodstock, VT

$235,000

3369 Hartland Hill Road, Woodstock, VT

$280,000

154 Roberts Road, Woodstock, VT

$295,000

1215 West Woodstock Road, Woodstock, VT

$322,500

11 Slayton Terrace, Woodstock, VT

$435,000

318 Ebbin Lockwood Way Lane, Woodstock, VT

$762,500

3086 South Road, Woodstock, VT

$775,000

1548 Peterkin Hill Road, Woodstock, VT

$782,500

17 Mountain Ave, Woodstock, VT

$1,350,000

 

 

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