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

 

QUECHEE MARKET AREA

The Quechee, Vermont real estate market saw sixty (60) sales of single-family homes over the course of 2021, down from a record-breaking eighty-three (83) in 2020.

 

Though total number of closed transactions was down, the average amount of days homes spent on the market prior to sale dropped by more than 50% from 2020 while the average price rose to its highest point on record at $514,251. Additionally, the average negotiating discount– percent difference between a home’s list price and sale price– dropped considerably to 0.73 % in 2021, meaning that buyers were much more likely to pay closer to sellers’ asking prices than in years past. In fact, of the 60 total sales, buyers paid at or above asking price in thirty-four (34) transactions. Each of these metrics point to the extraordinarily high motivation level of buyers in the market.

 

With two years of record-breaking sales, however, comes a record low of inventory left on the market, as there was just one (1) single-family home actively listed in Quechee as of December 31, down from seven (7) in 2020 and twenty-seven (27) in 2019.

 

While we remain optimistic about sales in 2021, Quechee will likely require an infusion of new listings to meet what we expect to be continued high 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.

 

QUECHEE FY 2021 BY THE NUMBERS

  • 60 SOLD single-family homes
    • Average Price: $514,251
    • Median Price: $341,250
    • Total Volume: $30,855,089
    • Average Negotiating Discount: 0.73%
    • Average Days on the Market: 52.7
  • 4 ACTIVE UNDER CONTRACT/PENDING single-family homes
    • Average Price: $674,725
    • Median Price: $687,450
    • Average Days on the Market: 79.8
  • 1 ACTIVELY LISTED single-family home
    • Average Price: $1,190,000
    • Median Price: $1,190,000
    • Average Days on the Market: 55.0

 

  • 52 SOLD condominiums
    • Average Price: $249,096
    • Median Price: $223,500
    • Total Volume: $12,953,000
    • Average Negotiating Discount: -.027%
    • Average Days on the Market: 33.6
  • 3 ACTIVE UNDER CONTRACT/PENDING condominiums
    • Average Price: $191,000
    • Median Price: $209,000
    • Average Days on the Market: 4.0
  • 0 ACTIVELY LISTED condominiums

 

Charts illustrating portions of the above information can be found below, followed by a complete list of all the 60 single-family homes and 52 condominiums that sold in Quechee in FY 2021.

A list of all 60 single-family homes that sold/closed in Quechee during FY 2021 is below.

1662 Willard Road, Quechee, VT

$155,000

202 Morgan Road, Quechee, VT

$218,500

295 Taft Family Road, Quechee, VT

$235,000

79 Clarina Nichols Lane, Quechee, VT

$256,000

1107 Marsh Family Road, Quechee, VT

$257,500

47 East Gilson Avenue, Quechee, VT

$259,000

629 Quechee West Hartford Road, Quechee, VT

$260,000

320 Jay Hill Road, Quechee, VT

$270,000

76 Bayley Way, Quechee, VT

$280,000

43 Pauline Cole Drive, Quechee, VT

$295,500

39 East Fisher Road, Quechee, VT

$300,000

51 Wapiti Trail, Quechee, VT

$300,000

111 Lyon Drive, Quechee, VT

$325,000

2010 Quechee Main Street, Quechee, VT

$325,000

1604 Marsh Family Road, Quechee, VT

$330,000

454 Jay Hill Road, Quechee, VT

$340,000

1593 Marsh Family Road, Quechee, VT

$340,000

125 Redfield Proctor Road, Quechee, VT

$344,900

54 Bayley Way, Quechee, VT

$349,000

70 Morgan Road, Quechee, VT

$350,000

324 Hard Road, Quechee, VT

$363,800

170 Redfield Proctor Road, Quechee, VT

$379,000

60 Sunrise Circle, Quechee, VT

$389,900

72 Longview Lane, Quechee, VT

$394,000

959 Safford Road, Quechee, VT

$405,000

1815 Quechee Main Street, Quechee, VT

$410,005

598 Hard Road, Quechee, VT

$415,000

45 Warner Lane, Quechee, VT

$419,000

68 Chittenden Way, Quechee, VT

$420,000

91 Morey Lane, Quechee, VT

$427,500

365 Greeley Shunpike Road, Quechee, VT

$435,000

2138 Quechee Main Street, Quechee, VT

$450,000

131 Davenport Lane, Quechee, VT

$455,000

130 Turkey Trot Lane, Quechee, VT

$455,000

85 Fox Lane, Quechee, VT

$474,900

1047 Willard Road, Quechee, VT

$479,000

206 Hiram Atkins Byway, Quechee, VT

$488,000

732 Wheelock Road, Quechee, VT

$502,000

108 Lyman Batcheller Road, Quechee, VT

$515,000

257 Allen Family Road, Quechee, VT

$530,000

23 Lyman Batcheller Road, Quechee, VT

$532,500

166 Robbins Hill Road, Quechee, VT

$610,166

828 Wheelock Road, Quechee, VT

$615,000

400 Bentley Road, Quechee, VT

$625,000

398 Fairbanks Turn, Quechee, VT

$625,000

860 Wheelock Road, Quechee, VT

$625,018

1893 Willard Road, Quechee, VT

$650,000

35 Spaulding Lane, Quechee, VT

$650,000

1130 Safford Road, Quechee, VT

$696,900

536 Royall Tyler Road, Quechee, VT

$700,000

210 Baker Turn, Quechee, VT

$750,000

275 Fletcher Lane, Quechee, VT

$775,000

91 Allen Family Road, Quechee, VT

$775,000

88 Hartness Way, Quechee, VT

$805,000

230 Alden Partridge Road, Quechee, VT

$823,000

102 Hendee Way, Quechee, VT

$850,000

505 Deweys Mills Road, Quechee, VT

$900,000

179 Allen Family Road, Quechee, VT

$925,000

487 Royall Tyler Road, Quechee, VT

$975,000

236 Angell Trail, Quechee, VT

$2,350,000

 

A list of all 52 condominiums that sold/closed in Quechee during FY 2021 is below.

1662 Willard Road, Quechee, VT

$79,500

202 Morgan Road, Quechee, VT

$100,000

295 Taft Family Road, Quechee, VT

$105,000

79 Clarina Nichols Lane, Quechee, VT

$108,000

1107 Marsh Family Road, Quechee, VT

$115,000

47 East Gilson Avenue, Quechee, VT

$120,000

629 Quechee West Hartford Road, Quechee, VT

$125,000

320 Jay Hill Road, Quechee, VT

$126,500

76 Bayley Way, Quechee, VT

$129,000

43 Pauline Cole Drive, Quechee, VT

$140,000

39 East Fisher Road, Quechee, VT

$145,000

51 Wapiti Trail, Quechee, VT

$150,000

111 Lyon Drive, Quechee, VT

$158,000

2010 Quechee Main Street, Quechee, VT

$165,000

1604 Marsh Family Road, Quechee, VT

$169,000

454 Jay Hill Road, Quechee, VT

$175,000

1593 Marsh Family Road, Quechee, VT

$175,000

125 Redfield Proctor Road, Quechee, VT

$180,000

54 Bayley Way, Quechee, VT

$190,000

70 Morgan Road, Quechee, VT

$199,000

324 Hard Road, Quechee, VT

$205,000

170 Redfield Proctor Road, Quechee, VT

$205,000

60 Sunrise Circle, Quechee, VT

$208,000

72 Longview Lane, Quechee, VT

$212,000

959 Safford Road, Quechee, VT

$221,000

1815 Quechee Main Street, Quechee, VT

$221,000

598 Hard Road, Quechee, VT

$226,000

45 Warner Lane, Quechee, VT

$229,000

68 Chittenden Way, Quechee, VT

$230,000

91 Morey Lane, Quechee, VT

$240,000

365 Greeley Shunpike Road, Quechee, VT

$254,500

2138 Quechee Main Street, Quechee, VT

$256,000

131 Davenport Lane, Quechee, VT

$257,500

130 Turkey Trot Lane, Quechee, VT

$276,500

85 Fox Lane, Quechee, VT

$292,500

1047 Willard Road, Quechee, VT

$311,000

206 Hiram Atkins Byway, Quechee, VT

$319,000

732 Wheelock Road, Quechee, VT

$323,000

108 Lyman Batcheller Road, Quechee, VT

$325,000

257 Allen Family Road, Quechee, VT

$330,000

23 Lyman Batcheller Road, Quechee, VT

$335,000

166 Robbins Hill Road, Quechee, VT

$350,000

828 Wheelock Road, Quechee, VT

$359,000

400 Bentley Road, Quechee, VT

$360,000

398 Fairbanks Turn, Quechee, VT

$380,000

860 Wheelock Road, Quechee, VT

$381,500

1893 Willard Road, Quechee, VT

$382,500

35 Spaulding Lane, Quechee, VT

$409,000

1130 Safford Road, Quechee, VT

$450,000

536 Royall Tyler Road, Quechee, VT

$510,000

210 Baker Turn, Quechee, VT

$520,000

275 Fletcher Lane, Quechee, VT

$520,000

 

 

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