Sales in the Quechee, Vermont real estate market continued at a steady pace through the third quarter of this year, fully recovering from its very slow first quarter. There were forty-two (42) sales of single-family homes, essentially matching the same period of 2018. As of this writing there were eleven (11) homes active under contract or pending and likely to close by the end of the year.
While sales have remained flat over the past several years, the market appears to be strong. Homes sat on the market for an average of just 5 months before selling, the lowest duration for the market since 2016. Buyers paid either at or above seller’s asking price for eight (8) of the forty-two (42) homes that closed during Q1-Q3 this year. Given this, it would not be a stretch to believe that several bidding wars took place. The average negotiating discount – the % difference between a home’s list price and sale price – was 4.4%.
The market for condominiums in Quechee is extremely robust. Sales have been trending upward over the past nine years and reached their highest point at the end of the third quarter this year. Specifically, there were thirty-eight (38) sales during Q1-Q3, up from thirty-six (36) last year, and eleven (11) during the same period in 2010. Condos that sold this year were on the market for an average of just 3 months before selling – down from 7 months in 2018, and from 16 months in 2012.
On October 1 of this year, there were just twelve (12) condos actively listed for sale, leaving buyers very few options to choose from. The market will need a significant supply of new condos – more than is typical for the market – to come on the market between now and Spring should buyer demand remain high in 2020.
Charts illustrating the above information can be found below, followed by a complete list of all the single-family homes and condominiums that sold in Quechee in Q1-Q3 2019.
A list of all forty-two (42) single family properties and thirty-eight (38) condominiums that sold/closed in Quechee during Q1-Q3 2019 is below.
Quechee- Closed Single-Family Homes in Q1-Q3 2019
| 138 Chittenden Drive, Quechee, VT | $92,000 |
| 1715 Quechee West Hartford Road, Quechee, VT | $96,450 |
| 988 Old Quechee Road, Quechee, VT | $110,000 |
| 403 Taft Family Road, Quechee, VT | $134,530 |
| 1475 Marsh Family Road, Quechee, VT | $149,000 |
| 128 Marsh Family Road, Quechee, VT | $152,000 |
| 107 Jay Hill Road, Quechee, VT | $152,500 |
| 136 Stephen Day Lane, Quechee, VT | $154,000 |
| 390 Williams Lane, Quechee, VT | $164,000 |
| 93 Dawn Drive, Quechee, VT | $170,000 |
| 122 Mercy Strong Lane, Quechee, VT | $172,500 |
| 100 Hartness Way, Quechee, VT | $196,000 |
| 99 Royall Tyler Road, Quechee, VT | $206,000 |
| 821 Hard Road, Quechee, VT | $212,000 |
| 142 Mercy Strong Road, Quechee, VT | $212,000 |
| 970 Baker Turn, Quechee, VT | $216,000 |
| 293 Fox Lane, Quechee, VT | $228,600 |
| 220 Marsh Family Road, Quechee, VT | $229,000 |
| 18 Jarvis Way, Quechee, VT | $233,000 |
| 80 Davenport Lane, Quechee, VT | $250,000 |
| 131 Davenport Lane, Quechee, VT | $265,000 |
| 850 Jay Hill Road, Quechee, VT | $270,000 |
| 1827 Quechee Main Street, Quechee, VT | $274,000 |
| 63 Morey Lane, Quechee, VT | $285,000 |
| 81 Bentley Road, Quechee, VT | $304,500 |
| 25 Windham Hill, Quechee, VT | $319,000 |
| 257 Allen Family Road, Quechee, VT | $320,000 |
| 23 Lyman Batcheller Road, Quechee, VT | $325,000 |
| 23 Jarvis Way Road, Quechee, VT | $350,000 |
| 403 Taft Family Road, Quechee, VT | $355,000 |
| 1296 Quechee Hartland Road, Quechee, VT | $360,000 |
| 49 LEEWARD Lane, Quechee, VT | $365,000 |
| 573 Wheelock Road, Quechee, VT | $380,000 |
| 489 Willard Road, Quechee, VT | $380,000 |
| 998 Wheelock Road, Quechee, VT | $410,000 |
| 200 Royall Tyler Road, Quechee, VT | $485,000 |
| 134 Clarina Nichols Lane, Quechee, VT | $538,000 |
| 309 Fox Lane, Quechee, VT | $550,000 |
| 245 Rabbit Run, Quechee, VT | $550,000 |
| 559 Old Town Farm Road, Quechee, VT | $600,000 |
| 70 Vista Drive, Quechee, VT | $707,500 |
| 386 Baker Turn, Quechee, VT | $710,000 |
Quechee – Closed Condominiums in Q1-Q3 2019
| 574 Willard Road, Quechee, VT | $32,500 |
| 574 Willard Road, Quechee, VT | $35,500 |
| 574 Willard Road, Quechee, VT | $40,000 |
| 1299 Quechee Main #1D Street, Quechee, VT | $45,000 |
| 574 Willard Road, Quechee, VT | $54,900 |
| 1299 Quechee Main 2A Street, Quechee, VT | $55,000 |
| 1299 Quechee Main Street, Quechee, VT | $65,000 |
| 327 Old Quechee Road, Quechee, VT | $67,500 |
| 253 Old Quechee Road, Quechee, VT | $73,000 |
| 253 Old Quechee Road, Quechee, VT | $74,000 |
| 401 Old Quechee Road, 9B, Quechee, VT | $74,000 |
| 327 Old Quechee Road, Quechee, VT | $79,000 |
| 1191 Baker Turn 3A, Quechee, VT | $89,000 |
| 860 Murphy Road, Quechee, VT | $93,000 |
| 66 Kingfisher 1C Road, Quechee, VT | $103,000 |
| 105 Williams Lane, Quechee, VT | $114,000 |
| 807 Murphy Road, Quechee, VT | $124,000 |
| 355 lymanbatcheller Road, Quechee, VT | $125,000 |
| 974 Hard Road, Quechee, VT | $125,000 |
| 365 Lyman Batcheller 7B Road, Quechee, VT | $125,000 |
| 860 Murphy Road, Quechee, VT | $129,000 |
| 355 Lyman Batcheller Road Common, Quechee, VT | $135,000 |
| 350 Lyman Batcheller Road Road, Quechee, VT | $145,000 |
| 385 Lyman Batcheller Road, Quechee, VT | $149,000 |
| 291 Sugar Hill Lane, Quechee, VT | $154,000 |
| 807 Murphy Road, Quechee, VT | $155,000 |
| 535 Williams Lane 9B Lane, Quechee, VT | $155,000 |
| 807 Murphys Road Road, Quechee, VT | $159,000 |
| 451 Williams Lane, Quechee, VT | $175,000 |
| 535 Williams Lane, Quechee, VT | $202,500 |
| 388 Alden Partridge 6E Road, Quechee, VT | $223,000 |
| 111 Lakeland Dr 5B Drive, Quechee, VT | $225,000 |
| 1140 Murphy Road, Quechee, VT | $325,000 |
| 1140 Murphy Road, Quechee, VT | $341,000 |
| 87 Catamount Road NV6B Common, Quechee, VT | $366,000 |
| 3755 Quechee Main Street, Quechee, VT | $370,000 |
| 31 Catamount Road, Quechee, VT | $382,500 |
| 580 Murphy Road, Quechee, VT | $560,000 |