PLYMOUTH MARKET AREA
The Plymouth, Vermont real estate market saw thirty-eight (38) sales of single-family homes over the course of 2021, down from a record-breaking forty-nine (49) sales which transacted in 2020 to its second-highest mark in history.
On average, homes spent a record-low 46 days on the market prior to sale, while the average price of a sold home jumped to an all-time high of $467,947.
Buyers paid closer to sellers’ asking prices in 2021 than ever before, as the average negotiating discount– percent difference between a home’s list price and a home’s sale price– dropped to 0.34%. In fact, buyers paid at or above asking price in twenty-five (25) of all closed transactions.
Increased buying activity has significantly depleted available inventory, however, as there was just one (1) single-family home actively listed in Plymouth as of December 31, down from thirty-three (33) in 2019. Though we remain optimistic about the 2021 market, Plymouth will need a considerable infusion of new listings to keep up with what we expect to be continued strong buyer demand.
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.
PLYMOUTH FY 2021 BY THE NUMBERS
- 38 SOLD single-family homes
- Average Price: $467,947
- Median Price: $453,750
- Total Volume: $17,782,000
- Average Negotiating Discount: 0.34%
- Average Days on the Market: 46.1
- 0 ACTIVE UNDER CONTRACT/PENDING single-family homes
- 1 ACTIVELY LISTED single-family home
- Average Price: $950,000
- Median Price: $950,000
- Average Days on the Market:219
Charts illustrating portions of the above information can be found below, followed by a complete list of all 38 properties that sold during FY 2021.
A list of all 38 single-family properties that sold/closed in Plymouth during FY 2021 is below.
| 62 Dublin Road, Plymouth, VT | $145,000 |
| 5392 Route 100, Plymouth, VT | $195,000 |
| 4645 Route 100N, Plymouth, VT | $205,000 |
| 139 E Upper Round Top Road, Plymouth, VT | $217,500 |
| 2487 Route 100, Plymouth, VT | $254,000 |
| 288 PCN Road, Plymouth, VT | $259,000 |
| 352 Chapman Road, Plymouth, VT | $280,000 |
| 366 Crimson Hawk Road, Plymouth, VT | $295,000 |
| 36 Woodpecker Road, Plymouth, VT | $302,500 |
| 213 East Ash Road, Plymouth, VT | $310,000 |
| 109 Upper Round Top Road, Plymouth, VT | $317,000 |
| 442 Crimson Hawk Road, Plymouth, VT | $340,000 |
| 548 Crimson Hawk Road, Plymouth, VT | $351,500 |
| 1093 Chapman Road, Plymouth, VT | $380,000 |
| 2064 Lynds Hill Road, Plymouth, VT | $385,000 |
| 115 Salt Ash Road, Plymouth, VT | $395,000 |
| 1802 Route 100A, Plymouth, VT | $420,000 |
| 1392 Dublin Road, Plymouth, VT | $435,000 |
| 126 Weaver Hill Road, Plymouth, VT | $447,500 |
| 576 Route 100 North, Plymouth, VT | $460,000 |
| 94 Library Road, Plymouth, VT | $470,000 |
| 490 Goshawk Drive, Plymouth, VT | $475,000 |
| 113 Harrier Way, Plymouth, VT | $489,000 |
| 966 Salt Ash Road, Plymouth, VT | $512,000 |
| 1383 Salt Ash Road, Plymouth, VT | $520,000 |
| 149 Hawk Pond Road, Plymouth, VT | $523,500 |
| 140 Bruyn Road, Plymouth, VT | $535,000 |
| 1688 Lynds Hill Road, Plymouth, VT | $550,000 |
| 421 Peregrine Road, Plymouth, VT | $550,000 |
| 267 Goshawk Drive, Plymouth, VT | $552,500 |
| 2370 Route 100, Plymouth, VT | $565,000 |
| 790 Chapman Road, Plymouth, VT | $625,000 |
| 811 Salt Ash Road, Plymouth, VT | $675,000 |
| 71 Pollard Road, Plymouth, VT | $716,000 |
| 96 Bear Hill Road, Plymouth, VT | $770,000 |
| 128 Hawk Pond Road, Plymouth, VT | $825,000 |
| 4278 Route 100A, Plymouth, VT | $910,000 |
| 51 East Ash Road, Plymouth, VT | $1,125,000 |
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