2016 ANNUAL MARKET REPORT
Knowledge is Power We are proud to share with you our Vermont and New Hampshire 2016 Annual Market Report. Our focus is to ensure that our clients (whether selling or purchasing real estate) have comprehensive information in order to make informed decisions. Ultimately, your success is ours.
I
n this report, you will find year over year market trends in order to help you identify where the market is headed. Please don’t hesitate to contact one of our Associates for more detailed information. We hope you find our Full Year Market Report for 2016 helpful as you
evaluate your real estate options. At Four Seasons Sotheby’s International Realty, we are committed to providing the highest level of service and expertise to buyers and sellers alike in all price categories. It will be our privilege to serve you.
Staige Davis, CEO
MLS#4605598
UPPER VALLEY REPORT Total Sales in Units varies by individual town: - H anover and Hartford increased significantly -L ebanon and Fairlee reflected substantial decrease
• Average Sale Price also varied by town: -H anover, Lyme, Lebanon, Weathersfield, Cornish,
$
Thetford and West Fairlee all exhibited increases -N orwich, Woodstock, Pomfret and Fairlee all exhibited decreases
• Average Days on Market also varied by town: -H anover, Norwich, Weathersfield, Plainfield, Cornish, Enfield, Hartford and West Fairlee all exhibited increases -L yme, Lebanon, Woodstock, Thetford, Pomfret, Barnard, Sharon and Fairlee all exhibited decreases
TOTAL SALES IN UNITS Number of Sales
KEY
300
2016 Annual 2015 Annual 225
+13.3% 230
-21.2%
203
198
150
156
+10.8%
80 78
Note: Small bases can lead to significant percentage increases/decreases and should be used cautiously.
+66.7% -25.0% 6 6
8 8
e
6 6
Fairl e
10
10
West Fairl ee
28 30
gewa ter
17
20 24
-6.7%
Brid
17
-16.7%
Shar on
11
rd
Pom fret
ford
13
Hart
18
11
+0.0%
Barn a
+18.2%
24 23
rd
23
Thet fo
31 30
+4.3%
+27.8%
d
Woo dsto ck
17
Leba non
Norw
ich
0
26 25
23
Lym e
27
+3.3%
Enfie l
+4.0%
-26.1%
Corn ish
63
Hano ver
+2.6%
-57.1%
Plain field
75
111 112
rsfie ld
102
Wea the
113
-0.9%
Source: NEREN 2015-2016
UPPER VALLEY REPORT
AVERAGE SALE PRICE Average Sale Price
KEY
1,000,000
-35.4%
2016 Annual 2015 Annual 750,000 +2.7%
-12.8%
+30.2% +53.7%
500,000
-22.1% -31.6% -23.9%
320k
492k
278k
238k
296k
225k
352k
241k
418k
325k
927k
599k
218k
194k
238k
291k
206k
-14.1%
-11.0%
-3.5%
199k
+14.8%
212k
268k
241k
195k
284k
276k
231k
242k
438k
271k
554k
483k
579k
224k
+15.1%
250,000
595k
-10.0%
244k
-2.9% +4.8%
+22.3%
Note: Small bases can lead to significant percentage increases/decreases and should be used cautiously.
e Fairl e
lee West Fair
gewa ter Brid
Shar on
Barn ard
Pom fret
ford Hart
ford Thet
d Enfie l
h Corn is
eld Plain fi
rsfie ld Wea the
Woo dsto ck
on Leba n
Lym e
ch Norw i
Hano ver
0
Source: NEREN 2015-2016
AVERAGE DAYS ON MARKET Average Days on Market 400
KEY
-31.6%
2016 Annual 2015 Annual
-40.1%
300
380
-12.7% 322
299 281
+12.1% 223
200 -20.4%
183
179
142
+22.7% 81
127
113 95
69
66
+27.2%
+6.1% -15.9%
+277.6%
117
105 99
82
+38.0%
-40.4%
206
199
+33.7%
100
260
+148.2%
-22.9%
+6.3% 134
189
140
126
109
-56.5%
219
184 137
108
92
83
80 58
Note: Small bases can lead to significant percentage increases/decreases and should be used cautiously.
Fairl ee
lee West Fair
gewa ter Brid
Shar on
rd Barn a
Pom fret
ford Hart
ford Thet
d Enfie l
h Corn is
Plain field
Wea thers field
Woo dsto ck
Leba non
Lym e
ich Norw
Hano ver
0
Source: NEREN 2015-2016
VERMONT & NEW HAMPSHIRE OFFICE LOCATIONS
NORTH EAST KINGDOM
CHAMPLAIN VALLEY REGION
GREAT NORTH WOODS REGION
South Burlington 802.864.0541
Stowe 802.253.7267 St. Johnsbury 802.751.7582
Vergennes 802.877.3232
Randolph 802.565.8136
Middlebury 802.388.1000 CENTRAL VERMONT REGION
Rutland 802.774.7007
UPPER VALLEY REGION
Fairlee 802.333.4701
WHITE MOUNTAIN REGION
Meredith 603.677.7012
Hanover - Main St. 603.643.6400 Hanover - Lebanon St. 603.643.6070 West Lebanon 603.298.5155
UPPER VALLEY REGION
Wolfeboro 603.941.1000
LAKES REGION
Okemo 802.228.4537 Manchester 802.362.4551
Mount Snow 802.464.1200
Bromley 802.824.3113 SOUTHERN VERMONT REGION
New London 603.526.4050
LAKE SUNAPEE REGION
Stratton 802.297.1100
MERRIMACK VALLEY REGION MONADNOCK REGION
SEACOAST REGION
Bedford 603.413.7600