Dear clients, friends, and neighbors:
We are excited to share with you our “Snyder Donegan Real Estate Market Report” summarizing real estate market activity in the Greater Woodstock, Vermont and Hanover, New Hampshire market area for the full year of 2025.
Click below to read our individual town market reports:
We want to take this moment to thank all our clients for our ongoing success and to express how proud we are of our incredible team of agents who have continued to meet the challenges and opportunities presented by an ever-changing market. Snyder Donegan sold over $161 million in 2025 and assisted over 165 buyers and sellers in sold/closed transactions. We also represented 55 buyers and/or sellers of properties sold/closed at prices over $1 million (up from 29 in 2024), including the highest priced sales in Barnard ($3.65 million), Quechee ($2.235m), Lebanon ($2.0m), Lyme ($2.2m), a record sale in Hanover ($5.2m), and numerous other top sales in Woodstock, Hanover, Lyme, Norwich, Pomfret, and West Windsor. To our clients and our excellent team of agents, we are truly grateful.
GREATER WOODSTOCK MARKET AREA
The Greater Woodstock market area (Barnard, Bridgewater, Hartland, Plymouth, Pomfret, Quechee, Reading, West Windsor, Woodstock) saw 210 single-family homes sell in 2025, up from the lower-than-average 181 sales in 2024. After sales hit all-time highs during the 2020 and 2021 covid buying spree, overall buying slowed considerably for the next several years both because of the covid buying "hangover" and the interest rates rising sharply from the era of 3% rates. Specifically, the interest rate on a conventional 30-year fixed mortgage rose sharply in 2022/2023 and was approaching 8% by late 2023 but had eased into the low 6% range during the second half of 2025. In a nutshell, clearing out the covid buying overhang combined with lower interest rates and a solid stock market resulted in a moderate pickup in buying activity in 2025 to more historically normal levels. However, buyers in 2025 were more sensitive to pricing and sellers frequently had to come down in price or accept a lower price in negotiations to get their properties to sell, so price reductions were not uncommon as the selling season progressed in 2025. The average price of the homes that sold in the Greater Woodstock area in 2025 was $872,061.
The solid stock market particularly drove sales in $1 million+ price range during 2025, with 52 sales of homes over $1 million in the Greater Woodstock market area. Snyder Donegan dominated these sales and was proud to have assisted 31 of the buyers and/or sellers of those luxury properties sold in 2025, including the highest priced sales in Barnard (284 Amsden Road - $3.65 million) and Quechee (165 Bennington Lane - $2.235 million).
The supply/inventory of available houses continued to increase during 2025. For example, there were 86 single-family homes actively listed (and not sold) in the Greater Woodstock area as of December 31, 2025, up from 75 in December 2024 and up significantly from just 46 at the same time in 2023. This was particularly true of the $1 million + market, as 44 of the 86 actively listed/not-sold listings were priced over $1 million.
GREATER HANOVER-LEBANON MARKET AREA
The Greater Hanover-Lebanon market area remained strong with 318 sold/closed transactions of single-family homes in 2025, consistent with the annual unit volume of sales in this market over the past 10 years. (This area encompasses Hanover, Hartford, Lebanon, Lyme, Norwich, Plainfield, Strafford). The average price of the homes sold in this area during 2025 rose to a new record of $784,954, with buyers paying either at or above a seller’s asking price in half of those transactions, highlighting continuing demand for houses in this locale.
Following an upward trend since 2020, luxury sales in the 2025 Greater Hanover-Lebanon market reached peak levels with a record-setting 67 sales of homes that sold/closed for $1 million or more. Our firm was pleased to represent 24 of the buyers and/or sellers of those luxury properties–17 of which were in Hanover alone–and represented the seller, buyer, or both in the record or near-record sales in Hanover (80 Stevens Road - $5.2 million), Lyme (42 Highbridge Road - $2.2 million) and Lebanon (65 Jenkins Road - $2.0 million) along with numerous other top sales in Hanover, Lyme, Norwich, and Lebanon.
Though inventory has rebounded in the GHLA from a record low of 18 in 2021, buyer demand remains incredibly high thanks in part to proximity to the employment hubs at Dartmouth College and Dartmouth Medical Center. At the close of the year, there were just 36 single-family homes actively listed on the market, the average price of which was over $1 million ($1,102,694). The market remains a seller's market, with more buyers than available properties and a continuing need for more available properties at all price levels.
OUR FORECAST FOR 2026
Barring unforeseen/exogenous events, we are forecasting a repeat in 2026, with a strong market in the Greater Hanover-Lebanon market area and a more typical market for sales in the Greater Woodstock area.
The economy, jobs, and the stock market all remain solid. Mortgage rates have eased back down to just above 6%. Zooming down from an international and national level to local, this part of Vermont and New Hampshire continues to attract buyers seeking a retreat from the increasingly uncertain global political environment and for those looking for a part of the world to which to escape, with clean water, clean air, and slower pace. In short, a very high-quality place to live, retreat, or retire.
As always, the keys to achieving best price versus time-on-market are well-informed advice on pricing and marketing strategy, thoughtfulness about staging/decluttering/touch-ups, beautiful online marketing presentations, and hiring a highly experienced, competent real estate agent and company.
If you have been thinking of selling, we encourage you to reach out sooner than later to begin a discussion and relationship with our agents.
Our company was pleased to add Bonnie Bergeron, a 20-year veteran of Upper Valley real estate, into the fold at our company in 2025. Behind a growing team of capable and dedicated agents, Snyder Donegan is proud to be the leading boutique, non-franchised real estate firm in the region. With new inquiries and additional listings every day, we remain optimistic about the future of the real estate market and excited for what’s to come in the year ahead.
We will be selectively adding one or two more experienced agents in the coming year. Snyder Donegan offers a cordial, professional working environment in a boutique firm with a shared floorday system for new leads, a dedicated marketing support team member, and millions worth of beautiful homes and luxury listings, both publicly (MLS) and privately listed. If you or your team are interested in joining our firm, please contact either of our partners, David Donegan and John Snyder.
Please see the accompanying charts and table for more historical context and data on our market areas.
We thank our many clients who have chosen Snyder Donegan Real Estate Group to represent them in their real estate matters and for helping make Snyder Donegan Real Estate Group the fastest growing real estate firm in the Upper Valley.
With warm regards,
The Snyder Donegan Team
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