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Woodstock Vermont Real Estate Market Report - Full Year, 2018

Woodstock VT Real Estate

 

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 reflection of insufficient inventory, especially for properties listed under $500,000.  An additional sign of the market’s strength can be found by looking at the average number of days a house was on the market before selling over time.  The 49 properties that closed in 2018 were on the market for an average of just 121 days, down 49% from 2017 with 238 days, and down 71% from a high of 413 days in 2015.

 

Supply of homes in Woodstock has been declining continually since 2010 and is now at its lowest point since post-recession highs, with just sixty (60) properties actively listed for sale on December 31 of last year – a 43% decrease compared to the same date in 2011, with 106 properties.  If buyer demand continues without a substantial increase in inventory, we anticipate increased prices for houses located in the Village.

 

The average negotiating discount – the % difference between a home’s list price and sale price – has been declining over the past seven years, demonstrating that sellers continue to give up less and less during negotiations as buyer demand strengthens.  The average negotiating discount in 2018 was 6%, down from 8.1% in 2017, and down from a high of 10.6% in 2011.

 

In regard to luxury sales of properties over $1 million, there were eight (8) properties that sold in 2018, which left the market with just eleven (11) homes over $1 million actively listed at the close of the year.

 

Charts illustrating the above information can be found below, followed by a complete list of all 49 properties that closed in Woodstock in 2018.

 

Woodstock VT Real Estate - Closed Single Family Homes

 

Woodstock VT Real Estate - Average Days on Market, Closed Homes

 

Woodstock VT Real Estate - Actively Listed on Dec 31

 

Woodstock VT Real Estate - Average Negotiating Discount

 

Woodstock VT Real Estate - Actively Listed, Over $1 Million

 

A list of all 49 properties that sold/closed in Woodstock in 2018 is below.

5 Heritage Condo Way, Woodstock, VT

$125,000

6905 Evergreen Court, Woodstock, VT

$172,200

5727 West Woodstock, Woodstock, VT

$174,000

708 East Woodstock Road, Woodstock, VT

$175,000

588 Kendall Road, Woodstock, VT

$175,000

1613 West Woodstock Road, Woodstock, VT

$190,000

53A Pleasant Street, Woodstock, VT

$210,000

10 Highland Avenue, Woodstock, VT

$220,000

4 Golf Avenue, Woodstock, VT

$235,000

93 Blackbriar Road, Woodstock, VT

$268,000

302 The Lane, Woodstock, VT

$278,000

3369 Hartland Hill Road, Woodstock, VT

$280,000

154 Roberts Road, Woodstock, VT

$295,000

151 Happy Valley Road, Woodstock, VT

$315,000

1215 West Woodstock Road, Woodstock, VT

$322,500

3811 South Road Highway, Woodstock, VT

$327,000

925 Fletcher Hill Road, Woodstock, VT

$330,000

175 Tilley Way Drive, Woodstock, VT

$330,000

3 Charles Street, Woodstock, VT

$350,000

88 Hall Circle, Woodstock, VT

$360,000

4 Highland Ave. Drive, Woodstock, VT

$370,000

2033 South Road, Woodstock, VT

$390,000

40 Central Street, Woodstock, VT

$399,000

26 Lincoln Street, Woodstock, VT

$400,000

45 River Street, Woodstock, VT

$425,000

3550 Cox District Road, Woodstock, VT

$432,000

11 Slayton Terrace, Woodstock, VT

$435,000

2 Charles Street, Woodstock, VT

$455,000

2605 Cox District Road, Woodstock, VT

$485,000

2409 South Road, Woodstock, VT

$490,000

13 High Street, Woodstock, VT

$505,000

858 Cabot Road, Woodstock, VT

$512,500

433 Cowdrey Path Lane, Woodstock, VT

$520,000

34 Mountain Avenue, Woodstock, VT

$522,000

12 High Street, Woodstock, VT

$572,000

65 Meadow Way, Woodstock, VT

$700,000

318 Ebbin Lockwood Way Lane, Woodstock, VT

$762,500

592 Austin Road Road, Woodstock, VT

$765,000

3086 South Road, Woodstock, VT

$775,000

1548 Peterkin Hill Road, Woodstock, VT

$782,500

114 Oak Ridge Way, Woodstock, VT

$955,000

11 The Green, Woodstock, VT

$1,100,000

484 CARLTON HILL Road, Woodstock, VT

$1,175,000

27 THE GREEN, Woodstock, VT

$1,285,000

1096 Prosper Road, Woodstock, VT

$1,350,000

17 Mountain Ave, Woodstock, VT

$1,350,000

1018 Deerbrook Way, Woodstock, VT

$1,500,000

1731 Prosper Road, Woodstock, VT

$2,300,000

0 Westerdale Road, Woodstock, VT

$5,300,000

 

 

 

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