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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