Residential Real Estate Market Report Full Year 2017 in Review

Transcription

1 Residential Real Estate Market Report Full Year 2017 in Review Sunnyside, South Woodstock, VT $3,900,000 Sold/Closed Providing Premier Real Estate Brokerage Services In the Market Areas of: Greater Woodstock, Vermont (Woodstock, Barnard, Bridgewater, Hartland, Pomfret, Reading, West Windsor & Quechee) and Greater Hanover Lebnon, New Hampshire (Hanover, Norwich, Lyme, Lebanon & Hartford) PROUDLY REPRESENTING OVER $60 MILLION IN PROPERTIES Snyder Donegan LLC. All rights reserved. 1

2 January 2018 Dear clients, friends and neighbors: We are excited to share with you our Snyder Donegan Real Estate Market Report summarizing market activity for the full year After years of fairly slow recovery, the residential real estate market in the Greater Woodstock Vermont market area exploded in 2017, in most price segments, and particularly in the luxury home segment. Specifically, unit sales were up 40% in the Greater Woodstock area in 2017 vs. 2016, and sales of residential homes in Woodstock itself were up 35%. The luxury market (sales over $1 million) were up nearly 400% with a record-breaking 23 sales of homes over $1 million. The Greater Hanover-Lebanon New Hampshire market area has been hot for several years, and the number of residential home sales was down in 2017 only because of lack of supply of homes for sale. As a result, prices have continued to rise steadily year after year. Specifically, there were 130 sales in 2017 versus only 55 active listings as of this writing. That works out to a mere 4 months of supply, the same as in the beginning of Furthermore, Norwich, which had a great year with 42 homes sold/closed in 2017, a 36% increase compared to 2016, may have absorbed some of the purchases that could have otherwise occurred in Hanover if not due to the lack of inventory. We have added the complete list of all sales for each town with address and price in 2017 near the back of this report. If you have questions about a specific listing or sale, or would like to have a (free) consultation on the current value of your property, give us a call. Please see the accompanying charts and table for more historical context and data on our market areas. On a personal note, Snyder Donegan continues to expand, and 2017 was our best year ever our sales tripled to nearly $70 million. In 2016/2017 we are excited that several new agents have joined our Company including Mary Mayhew, Vanessa Allen and most recently Dan Noble. We established ourselves as the #1 market leader in luxury sales in the entire Upper Valley. We sold luxury properties this year in Hanover, Norwich, Lyme, Woodstock, Barnard, Strafford, Bridgewater and Hartland among other towns. We continue to invest heavily in cutting-edge digital marketing strategies, and continue to look for new ways to innovate and improve our services both as buyer brokers, and in world-class property marketing for sellers. Snyder Donegan Real Estate Group is the leading boutique - 2

3 non-franchise - real estate firm in the Woodstock-Hanover markets with more than $60 million in listings across the Upper Valley of Vermont and New Hampshire. 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. We are selectively taking new listings in 2018 and would be happy to chat with you any time. So please give us a call on NH or VT. We look forward to hearing from you. With warm regards, Dail Frates Dan Noble Jennifer Falvey Vanessa Allen Mary Mayhew Zoe Hathorn Washburn David Donegan John Snyder Snyder Donegan Real Estate Group Please note: If you are actively working with another brokerage firm, please disregard this report. It is neither our intention nor our wish to actively solicit the signed clients of our other broker friends. If you wish to no longer receive these mailings, please feel free to contact us and we will be happy to remove your name from the list. 3

4 2018. Snyder Donegan LLC. All rights reserved. 4

5 2018. Snyder Donegan LLC. All rights reserved. 5

6 2017 Sales The Complete List By Town Barnard, Vermont 1510 Wayside Road $1,450, Mt Hunger Road $1,390, Gulf Road $1,320, South Perry Road $950, Levasseur Road $750, Bennett Road $590, Route 12 $449, Stage Road $385, Lakota Road $385, North Road $345, Webster Hill Road $330, Stage Rd. $279, VT Route 12 $275, North Road $250,000 4 East Barnard Road $212, Lime Pond Road $161, Levasseur Road $155, Old Stagecoach Road $50, Daniels Lane $45,000 Bridgewater, Vermont 3230 North Bridgewater Road $1,350, North Bridgewater Road $1,004, Richmond Hill Road $498, River Road $260, Old Bridgewater Hill Road $225, US Route 4 $212, Mountain View Road Road $170, Stevens Road $135, Bridgewater Center Road $117, US Route 4 Route $75, Bridgewater Center Road $65, US Route 4 $43,000 Hanover, New Hampshire 11 Downing Road $1,725,000 6 Rope Ferry Road $1,600,000 3 Tyler Road $1,470, Occom Ridge $1,450, Stevens Road $1,325, Ferson Road $1,300, /2 Lyme Rd $1,250, King Road $1,188,000 5 BUTTERNUT LANE $1,175, Rip Rd $1,125,000 3 Lewin Road $1,070, Dogford Rd $995, Hanover Center Road $950, Wolfeboro Road $950,000 6 Ivy Pointe Way $930, Hanover Center Road $929,000 6

7 (Hanover, NH continued) 7 Weatherby Road $885,000 7 Barrett Road $885,000 2 Ferson Road $850,000 4 Ivy Pointe Way $840, Ferson Road $832,000 5 Emily Lane $820,000 6 Gates Road Road $810, River Ridge Road $795, Allen St $785, Lyme Road $784,000 4 Ladd Road $775,000 1 Twin Brook Drive $765,000 8 Carriage Lane $757, Sargent Street $755, Montview Drive $730, Trescott Road $712, Hanover Center Road $690,000 6 Wyeth Road $680,000 1 Cutting's Corner $659,000 6 Cuttings Corner $650, Lyme Road $650, Rip Rd $630, Low Road $610, Great Hollow Road $605,000 1 Woodcock Lane $583, Ledyard Lane $580, Lebanon Street $570, Blueberry Hill Drive $555, Lyme Road $552, Rayton Rd. $550,000 1 Partridge Road $550, Valley Road Extension $544, Lebanon Street $540,000 1 Mourlyn Road $535,000 3 Ledge Road $520, Rayton Road $520, PARTRIDGE $499,000 1 Pinneo Hill Road $492, Blueberry Hill Drive $487, King Rd. $484,000 4 Woods End $468, East Wheelock St $455, Rayton Road $455,000 3 Storrs Rd $430, Lebanon Street $415,000 1 King Road $400, Lyme Road $358, Rayton Road $355, Thompson Rd $340, Lyme Road $329, Goss Road $320, Rennie Road $310, Lyme Rd $275, Lyme Rd $240,000 3 Great Hollow Road $240,000 9 Ibey Road Road $219,000 4 Greensboro Road $205, Hanover Center Road $200,000 7

8 Hartford (Quechee), Vermont 1986 Willard Road $650, Hillside Road $639, Allen Family Road Road $630, Baker Turn $625, DEWEYS MILLS ROAD Street $600, Remember Baker Lane $575, Vista Drive $540, Robbins Hill $535, Hartness Way $524, Hartness Way $522, Coolidge Drive $505, Morgan Road $499, HILLSIDE Road $465, Wheelock Road $425, Pheasant Trace $417, Wheelock Road $412, Wheelock Road $393, Remember Baker Lane $360, E Marsh Family Road Road $353, Woodstock Road $350, Bentley Road $345, Jay Hill Road $330, Red Barn Road $317, Baker Turn $315, Marsh Family Road $305, Fletcher Lane $290, Willard Road $285, Marsh Family Road $272, Redfield Proctor Road $259, Greeley Shunpike $259, Redfield Proctor Road $242, Haswell Trace $239, West Gilson Street $217, Angel zero Trail $210, Hendee Way $202, morrill bend $194, Jay Hill Rd $189, Lyman Batcheller Road $185, Marsh Family Road $180, Baker Turn $178, Hiram Atkins Byway $175, Hard Road $160, Willard Road $159, Golfview Lane $155, Morgan Road $150, Hartness Way $146, DEER PATH LANE $140, Safford Road $139, Marsh Family Road $115, Lyman Batcheller Road $112, Greeley Shunpike $101, Jay Hill Rd. $78,000 Hartford, Vermont 1489 Hillside Road $394, Aster Drive $393, Sweetwater Drive $390, Wildlife Road $385, Fiddlehead Lane Lane $385,000 8

9 (Hartford, VT continued) 1443 QUECHEE WEST HARTFORD RD $360, Clifford Road $360, Robert Frost Lane $350, Christian Street $345, Jericho St $344, Conifer Rd $330, Chellis Street $322, Pullman Lane $318, Quechee Main Street $316, Jamie Drive $312, Laurel Lane $305, Neal Road $303, Kinsman Street $296, Handy Road $295, West Quechee Hartford Road $295, Conifer Street $294, Gifford Road $290, Ozzy Lane $290, Harvest Lane $275, Deer Path Lane $265, Neal Road $262, Sunrise Circle $262, Fairview Terrace $254,000 8 Third Ave $253, Old Quechee Road $253, Sunrise Circle $247, Stonecrest Avenue $246, Chandler Road $245, Locust Street $240, Vermont Drive $240, Pomfret Road $240, Brookside Dr. $239, Locust Street $235, Highland Ave $231, Brookside Drive $229, Brookside Drive $229, Brookmeade Circle $227, Brookmeade Circle $227, Norwich Avenue $226, Center of Town Road $225, Gillette Street $224, Perkins Place $220, Morning Glory Lane $218, Christian Street $217, Dothan Road $217, Bliss Road $213, Christian Street $210, Hawthorn Street $209, Quechee-West Hartford Road $205, Old Quechee Road $203, South Street $198, Truell Road $197, Horseshoe Avenue $197, Westfield Dr $191, Bullard St $191, Hanover Street $190, Worcester $187, Runnals Road $183, Devin St $182,250 9

10 (Hartford, VT continued) 34 Center Of Town Road $180, Quechee West Hartford Rd. Road $180, Hartford $177, Tigertown Rd $176, North Hartland Road $175, Fern Street $175, Connecticut River Rd. $174, Hewitt Street $168, Hartford Ave. Avenue $162, VA CUTOFF ROAD $161, Christian Street Street $158, Charles Street $155, Robbins Hill $152, Chandler Road $151, Longview Lane $150, Stonecrest $131, Pleasant View Terrace $130, Route 14 $128, Norwich Avenue $122, Quechee Hartland Rd $115, Maple Street $110, Overlook Drive $85, Fairview Terrace $70, Fairview Terrace $50, Verna Court $41,000 Hartland, Vermont 126 Densmore Hill Road $1,150, Advent Hill Road $625, Advent Hill Road $530,000 3 Maple Heights $500, Horton Hill Road $395, Route 5 $392, WEBSTER ROAD $385, Ocean View Drive $355, Jenkins Road $349, Quechee Road $330,000 8 Babcock Brook Lane $330, Quechee Road $329, Chase School $299, Cream Pot Road $290, Grout Road $276, Bowers Road $265, Advent Hill Rd $261, Route 12 $255, US RT 5 $255, Brownsville Rd $236, Bird Hill $235, James Road $225, Jenneville Road $225,000 4 Gilson Farm Lane $222,500 2 Briar Patch Road $209,000 6 Coutermarsh Street $205, Hartland Hill Road $204, Route 12 $180, Route 12 $175, Mace Hill Road $171, Route 5 $162, Mill Street $160,000 10

11 (Hartland, VT continued) 116 Mace Hill Road $152, Clay Hill Rd $142, Depot Road $134, Route 12 $125, Mill Street $123, Mace Hill Road $117, Jenne Road $106, Route 12 $100, Clay Hill Road $100, Route 5 $95,000 2 route 4 Route $75, Rice Road $67,200 Lebanon, New Hampshire 46 Eastman Hill Road $660,000 8 South Park Street $650, Ledge Lane $648, Churchill Way $625, Stevens Rd $564,000 9 Dorset Lane $535, Oak Ridge Road $512,500 8 Dove Lane $511, Dorothy Perley $459, Farnum Hill Rd $450,000 8 Hilltop Drive $444, Farr Rd. $440, Farman Ave $430,000 6 LaPlante Road $405, Hardy Hill Road $401, Manchester Drive $392, Timber Lane $390, Dogwood Circle $380, Wellington Circle $380, Wildwood Drive $374,000 1 Jones Avenue $365, Evergreen Court $360,000 4 Evergreen Court $355,257 5 Hillside Drive $355, Apple Blossom Drive $355, Plainfield Road $350,000 3 Woodley Road $345, Evergreen Court $339, Laplante Road $338,250 1 Wyeth Farm Circle $337, Evergreen Court $332,000 5 Mack Avenue $329, Evergreen Court $329, Main Street $320, Mountain View Drive $315,000 5 Carlton Drive $314, Meriden Road $310, Wheatley Street $310, Gilson Rd $308,000 7 Hardy Hill Road $305, Cottage Circle $302, Hardy Hill Road $300, Prospect Street Extension $294, WINONA CIRCLE $290, US Route 4A $289,000 11

12 (Lebanon, NH continued) 30 Crafts Ave $289, Crafts Avenue $287,500 3 Timothy Avenue $285, Wolf Road $285, Prospect Street Extension $282, Dartmouth College Highway $280, Gilson Road $280, Forest Avenue $265, Mascoma Street $265, Dartmouth College Highway $265, Winona Circle $264, Winona Circle $263, Fairview Avenue $260, Young Street $260, Dorothy Perley Road $260,000 9 Carlton Drive $260,000 8 Kinne Street $260,000 1 Dulac Street $260,000 7 Pleasant Street $253, Bank Street Extension $250, Eldridge Street $250,000 2 Woodley Road $250, Fountain Way $246, Heater Road $245, Poverty Lane $242,500 7 Gilson Road $240, Crawford Avenue $240, Church Street $232, US Route 4 A $230, Young Street $230,000 8 Placid Sq. Square $230, Fairview Avenue $229,000 2 Hampshire Terrace $227, Crafts Avenue $223, Dartmouth College Highway $222, Mack Avenue $221, Wheatley St. Street $220, Williams Street $220, Mascoma Street $218, Mascoma Street $218, Eastman Hill Road $213,000 6 Chelsea Circle $210, Mascoma Street $210, Gerrish Court $210, Trues Brook Road $208, Whitcomb Avenue $208,000 5 Blacksmith Street $205, School St $205, Manchester Drive $204, Seminary Hill $200, estabrook Circle $199,900 4 Floyd Ave $193, Hardy Hill Road $192,000 2 Fortune Street $192, Us Route 4A $190, LaPlante Rd $190, Seminary Hill Road $188, South Main Street $185, Farman Avenue $184,000 12

13 (Lebanon, NH continued) 33 West Street $180,000 2 Woodley Road $180,000 4 Barnes $169, Crafts Avenue $159, Water Street Lebanon, NH Street $157, Estabrook Circle $153, Mascoma Street $149,500 7 Blacksmith Street $149,000 5 Old Etna Road $139, Mascoma Street $134, Green Street $130, Congress Street $125,000 3 Williams Street $110, Coburn Terrace $110, Dartmouth College HW $88,000 7 Dartmouth Ave $65,500 1 Dartmouth Avenue $48, Heater Road $41, Pumping Station Road $38,500 Lyme, New Hampshire 136 Washburn Hill Road $1,700, Hardscrabble Road $1,200, Whipple Hill Road $834, Isaac Perkins Rd $720,000 6 East Thetford Road $589, Canaan Ledge Lane $555, Whipple Hill Road $550, Baker Hill Road $526,000 5 Sloan Lane $497, Dorchester Road $460, On the Common $425, Preston Road $425, Acorn Hill Road $389, Pinnacle Road $182,500 Norwich, Vermont 354 Dutton Hill Road $1,820, Bragg Hill Road $1,600, Main Street $990, Elm Street $950, Ladeau Road $945, Beaver Meadow Road $850, VT Route 132 $850, Main Street $825, Church Street $775, Partridge Hill Road $729, Tucker Hill Road $695,000 1 Cliff Street $670, Blood Hill Road $669, Meetinghouse Road $635, Beaver Meadow Rd $629, Old Farm Road $595, Hawk Pine Road $575, Meetinghouse Road $572, Elm Street $500, Spring Pond Road $500, Beaver Meadow Road $470,000 13

14 (Norwich, VT continued) 370 Hawk Pine Road $465,000 6 Moore Lane $430, Bradley Hill Road $413, Hillside Road $412, Glen Ridge Road $405, Kerwin Hill Road $387, Turnpike Road $386, Beaver Meadow Road $375, Hawk Pine Road $375, Turnpike Road $369, McKenna Road $360, Chapel Hill Road $347, Goodrich Four Corners Road $347, US 5 Route $300, Route 132 $275, RIDGEWOOD HILL ROAD $270, Town Farm Rd. $260, Union Village Rd $225, Delta Drive $213, VT Route 132 $205, Chapel Hill Road $130,000 Pomfret, Vermont 74 Barber Hill Road $1,150, Twin Pond Road- House on Lot 1 $530, Spooner Road $325, Allen Hill Road Road $320, POMFRET ROAD $304, Allen Hill Road $263, Graves Rd $250, Bartlett Brook $245, Bartlett Brook Road $240, Broad Brook Road $200, Allen Hill Road $190, Stage Road $157, Pomfret Road $145, Route 106 Route $675, NEWTON ROAD $630, Tattle Street $590, Vt Route 106 $360, VT RTE 106 Route $317, Benjamin Drive $243, Fox Run Drive $241, Tyson Road $191, Tyson Road $179, White Pines Road $167, VT Route 106 $119,000 #874 Route 106 VT $67,500 West Windsor, Vermont 5106 Rush Meadow Rd $1,250, Hammond Hill Road $1,182, Churchill Road $948, Banister Road $562, Coaching Lane $515, Rush Meadow Road $445, Bible Hill Road $350, John Myers Rd $253, Shattuck Hill Road $249,900 14

15 (West Windsor, VT continued) 38 Bascom Farm Drive $238, Village Lane $230, Coon Club Road $230, ROUTE 44 $225, Old Barn Lane $200, Ski Tow Road $190, Rush Meadow $180, Weeden Hill Road $175, High Ridge Road $165, Brownsville Hartland Road $81,900 Woodstock, Vermont 587 Old River Rd $4,100, Morgan Hill Rd $3,750, Benedict Road $3,350, Peterkin Hill Road $3,000, Pomfret Rd $2,310, Brown Hill Rd $2,000, Elm St $1,825, Grassy Lane $1,650, PETERKIN HILL ROAD $1,575, Prosper Road Highway $1,400, Randall Road $1,370, The Green $1,250, Noah Wood Road $1,090, South Road $1,035, Peterkin Hill Rd $830, Church Hill Road $780, Prosper Road $700,000 4 Pleasant Street $665, /968 Fletcher Hill Road $665, Meoki Way $600, Shurtleff Lane $570, Fletcher Hill Road $565, Church Hill Rd $545, Academy Circle $540,000 6 River Street $525,000 2 Swain Street $525, Randall Rd. $505, Church Hill Road $495, South Road $490, Prospect Street $470, Valley View $465, East Woodstock Road $459, Tilly Way $459, Holt Way $445, Hartland Hill Road $440, Maple Street $425, Fletcher Hill Road $425,000 9 Shurtleff Lane $403, College Hill Road $400, Mecawee Road Highway $400, Juniper Way Woodstock Vt Lane $395, South Road Highway $385, Cowdrey Path $370,000 6 Church Street $363, South Brook Way $335, High Street Woodstock Vt $315, Hartland Hill Road Highway $310,000 15

16 (Woodstock, VT continued) 24 High Street $305, Happy Valley Road $299, West Woodstock Road $285, COLLEGE HILL ROAD $285, Sawyer Road $285,000 7 Maple St. $278, Curtis Hollow Road $275, South Road $265, South Street $260,000 4 Maple St. $252, Cox District Rd $250, High Street Street $235,000 1 High Street $225, Slayton Terrace $210, South Road $190, South Road $180, South Road Boulevard $172, Atwood Avenue $145, South Road $137, Densmore Hill Road $125, HERITAGE CONDO WAY $118, Eaton Place $115, Barnard Road $80, Riverbend Way $48,000 3 Charles St $41,000 16