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Hartland, Vermont Real Estate Market Report - Full Year, 2021

 

HARTLAND MARKET AREA

The Hartland, Vermont real estate market saw thirty-nine (39) sales of single-family homes in total in 2021, performing exactly on pace with last year’s sales totals. As of December 31, there were an additional eight (8) homes active under contract or pending and likely to close in the coming months.

 

Snyder Donegan was pleased to assist nine (9) buyers and sellers of all closed Hartland transactions, including the highest priced individual home sale of 2021, 32 Horton Hill Road at $1.8 million.

 

On average, buyers paid closer to sellers’ asking prices in 2021 than ever before, with the negotiating discount– percent different between a home’s list price and sale price– closing at -1.23%. The average days homes spent on the market prior to sale also reached its lowest point on record, falling to 73 days from 99 in 2020.

 

After several years of breakneck buying activity, however, there is now an historically low level of available inventory in the market, as there was just one (1) home actively listed in Hartland as of December 31. Considering this, the Hartland market will require a significant infusion of new listings to meet continued high buying demand in the area.

 

GREATER WOODSTOCK MARKET AREA

The Greater Woodstock Vermont market area (Barnard, Bridgewater, Hartland, Plymouth, Pomfret, Quechee, Reading, West Windsor, Woodstock) had another banner year in 2021 with 345 sales of single-family homes. Because of declining inventory, this was down 12% from 2021 but still at its second-highest mark of all time. Individually, the towns of Barnard and Woodstock matched their all-time sales records of thirty-four (34) and eighty-five (85), respectively, while Bridgewater and Reading broke their previous sales records with twenty-five (25) and twenty-two (22). Of the 345 homes sold in the GWA, buyers paid at or above a seller’s asking price in 186 of the transactions, with the average price hitting a record-high $569,659.

 

After two years of unprecedented market action, it stands to reason that the market is now significantly lacking in available inventory. As of December 31, 2021, there were just twenty-two (22) actively listed single-family homes on the MLS in the Greater Woodstock area, down 68% from the same time in 2021 and a down a staggering 85% from pre-pandemic 2019. Of the 22 active listings, thirteen (13) were priced over $1 million, making the average price of available homes $1,815,295.

 

As with the rest of the market, buying activity in the luxury market in the Greater Woodstock market area was very strong in 2021, with thirty-five (35) sales of homes over $1 million, a total second only to 2020’s thirty-eight (38) luxury sales. Snyder Donegan was pleased to represent fifteen (15) of the buyers and/or sellers of those luxury properties– including the highest priced sales in Barnard (182 North Road –$1.3 million), Hartland (32 Horton Hill Road –$1.8 million), and Woodstock (2574 Garvin Hill Road –$2.5125 million) – underscoring our company’s success with transactions in the luxury market.

 

HARTLAND FY 2021 BY THE NUMBERS

  • 39 SOLD single-family homes
    • Average Price: $457,774
    • Median Price: $365,000
    • Total Volume: $17,853,199
    • Average Negotiating Discount: -1.23%
    • Average Days on the Market: 73.7
  • 8 ACTIVE UNDER CONTRACT/PENDING single-family homes
    • Average Price: $779,988
    • Median Price: $469,000
    • Average Days on the Market: 103.5
  • 1 ACTIVELY LISTED single-family home
    • Average Price: $310,000
    • Median Price: $310,000
    • Average Days on the Market: 228

 

Charts illustrating portions of the above information can be found below, followed by a complete list of all 39 properties that sold in Hartland during the full year of 2021.

A list of all 39 properties that sold/closed in Hartland in FY 2021 is below.

33 VT Route 12, Hartland, VT

$85,000

31 Cobb Hill Road, Hartland, VT

$110,000

17 Route 12, Hartland, VT

$163,350

449 VT Route 12, Hartland, VT

$175,000

4 Hartfield Lane, Hartland, VT

$230,000

306 VT Route 12, Hartland, VT

$243,100

524 Quechee Road, Hartland, VT

$252,000

32 Bowers Road, Hartland, VT

$261,500

53 Mace Hill Road, Hartland, VT

$270,000

152 Webster Road, Hartland, VT

$272,500

10 Cardinal Drive, Hartland, VT

$280,000

1 Cardinal Drive, Hartland, VT

$282,500

104 VT Route 12, Hartland, VT

$299,000

157 Brownsville Road, Hartland, VT

$299,000

2 Rice Road, Hartland, VT

$300,000

226 Route 5, Hartland, VT

$300,000

3 Eastman Road, Hartland, VT

$305,000

47 Grout Road, Hartland, VT

$338,000

33 Barber Lane, Hartland, VT

$347,000

152 Rice Road, Hartland, VT

$365,000

2 Walker Cemetery Trail Road, Hartland, VT

$385,000

46 Center of Town Road, Hartland, VT

$415,000

66 Clay Hill Road, Hartland, VT

$425,000

181 Brothers Road, Hartland, VT

$450,000

21 Sportsmen Cove, Hartland, VT

$450,000

16 Balhart Ridge Road, Hartland, VT

$454,250

381 Clay Hill Road, Hartland, VT

$515,000

12 Sun Valley Road, Hartland, VT

$549,000

15 Stimpson Hill, Hartland, VT

$550,000

17 Gilson Road, Hartland, VT

$550,000

18 Horton Hill Road, Hartland, VT

$560,999

11 Draper Road, Hartland, VT

$565,000

7 Shute Road, Hartland, VT

$616,000

271 Advent Hill Road, Hartland, VT

$675,000

5 Maple Heights, Hartland, VT

$690,000

297 Town Farm Hill Road, Hartland, VT

$725,000

5 42nd Street, Hartland, VT

$725,000

79 Cream Pot Road, Hartland, VT

$1,575,000

32 Horton Hill Road, Hartland, VT

$1,800,000

 

 

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