Market Report Upper Valley of New Hampshire & Vermont First Half 2023 628 Johnstone Lane #06-0229.1, Barnard, VT | Closed
56 King Road, Hanover, NH | Closed
Market Overview At A Glance
UPPER VALLEY
Limited inventory remained a major driving factor, and the total number of units sold was down by 37.8% across the Upper Valley region. Additionally, the average sales price decreased by 3.7%, and the average days on market decreased by 33.8%.
The hottest markets in the Upper Valley in terms of activity included Hartford, Woodstock, Hanover, Haverhill and Lebanon as these markets saw no reprieve from inventory scarcity and, as a result, prices remained relatively stable. There is a full breakdown by state and town in this report for more details at a local market level.
Moving into 2023, we have begun to see a slight uptick in listings coming on the market. The market will continue to normalize, but we anticipate that buyer demand will continue to be active, driven by limited inventory and that pricing will continue to stabilize. Pricing appropriately for Sellers will become of the utmost importance in order to sell in a timely manner.
Now more than ever, you need an experienced real estate professional to guide you through this ever-changing market.
156 Etna Road, Hanover, NH | Active
Key Market Highlights
UPPER VALLEY REGION
BY TOWN BY TOWNOVERVIEW VT & NH VERMONT
HAMPSHIRE
NEW
2664 Mt Hunger Road, Barnard, VT | Under Contract
Upper Valley VT & NH Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/23 - 6/30/23) vs. Previous Year To Date (1/1/22 - 6/30/22) All Property Types - All Price Points - Upper Valley VT & NH Select Towns Upper Valley VT & NH 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/ - % TOTAL SALES IN UNITS: 138.0 222.0 - 37.8% TOTAL SALES DOLLARS: $90,372 $138,042 - 34.5% AVERAGE SALE PRICE: $605,879 $629,169 - 3.7% AVERAGE DAYS ON MARKET: 27.0 40.8 - 33.8% SOLD PRICE VS. LIST PRICE: 98.88% 102.76% - 3.8%
35 Serendipity Way, Enfield, NH | Closed
113 Prosper Road, Woodstock, VT | Active
Upper Valley Vermont
Upper Valley VT by Town
All Properties | All Price Points
BARNARD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 9 8 12.5% AVERAGE SALE PRICE: $991.9 $700.9 41.5% AVERAGE DAYS ON MARKET: 56.0 33.0 69.7% SOLD PRICE VS. LIST PRICE: 98.33% 103.22% - 4.7% BETHEL 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 11 17 - 35.3% AVERAGE SALE PRICE: $267.9 $312.4 - 14.2% AVERAGE DAYS ON MARKET: 76.0 76.0 0.0% SOLD PRICE VS. LIST PRICE: 99.40% 100.44% - 1.0% BRADFORD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 12 14 - 14.3% AVERAGE SALE PRICE: $216.0 $242.9 - 11.1% AVERAGE DAYS ON MARKET: 10.0 36.0 - 72.2% SOLD PRICE VS. LIST PRICE: 100.60% 96.33% 4.4% BRIDGEWATER 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 2 15 - 86.7% AVERAGE SALE PRICE: $149.5 $393.1 - 62.0% AVERAGE DAYS ON MARKET: 139.0 54.0 157.4% SOLD PRICE VS. LIST PRICE: 100.00% 99.93% 0.1% CHELSEA 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 5 6 - 16.7% AVERAGE SALE PRICE: $223.8 $505.8 - 55.8% AVERAGE DAYS ON MARKET: 45.0 16.0 181.3% SOLD PRICE VS. LIST PRICE: 102.47% 99.70% 2.8%
FAIRLEE 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 3 3 0.0% AVERAGE SALE PRICE: $459.9 $531.7 - 13.5% AVERAGE DAYS ON MARKET: 2.0 77.0 - 97.4% SOLD PRICE VS. LIST PRICE: 101.14% 99.38% 1.8% CORINTH 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 2 11 - 81.8% AVERAGE SALE PRICE: $137.5 $146.1 - 5.9% AVERAGE DAYS ON MARKET: 14.0 52.0 - 73.1% SOLD PRICE VS. LIST PRICE: 98.57% 98.32% 0.3% HARTFORD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 85 99 - 14.1% AVERAGE SALE PRICE: $421.6 $337.2 25.0% AVERAGE DAYS ON MARKET: 27.0 24.0 12.5% SOLD PRICE VS. LIST PRICE: 101.59% 102.00% - 0.4% HARTLAND 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 13 25 - 48.0% AVERAGE SALE PRICE: $287.6 $543.3 - 47.1% AVERAGE DAYS ON MARKET: 169.0 61.0 177.0% SOLD PRICE VS. LIST PRICE: 94.74% 98.61% - 3.9% NEWBURY 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 13 16 - 18.8% AVERAGE SALE PRICE: $241.2 $337.3 - 28.5% AVERAGE DAYS ON MARKET: 45.0 52.0 - 13.5% SOLD PRICE VS. LIST PRICE: 96.22% 99.07% - 2.9% NORWICH 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 18 19 - 5.3% AVERAGE SALE PRICE: $991.3 $849.2 16.7% AVERAGE DAYS ON MARKET: 66.0 81.0 - 18.5% SOLD PRICE VS. LIST PRICE: 100.36% 100.55% - 0.2%
ROYALTON 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 3 12 - 75.0% AVERAGE SALE PRICE: $167.5 $266.4 - 37.1% AVERAGE DAYS ON MARKET: 122.0 89.0 37.1% SOLD PRICE VS. LIST PRICE: 94.99% 95.20% - 0.2% RANDOLPH 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 27 35 - 22.9% AVERAGE SALE PRICE: $309.9 $236.9 30.8% AVERAGE DAYS ON MARKET: 90.0 121.0 - 25.6% SOLD PRICE VS. LIST PRICE: 98.09% 100.17% - 2.1% SHARON 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 5 11 - 54.5% AVERAGE SALE PRICE: $235.0 $229.4 2.4% AVERAGE DAYS ON MARKET: 28.0 140.0 - 80.0% SOLD PRICE VS. LIST PRICE: 106.62% 98.65% 8.1% STRAFFORD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 3 7 - 57.1% AVERAGE SALE PRICE: $280.0 $371.0 - 24.5% AVERAGE DAYS ON MARKET: 19.0 56.0 - 66.1% SOLD PRICE VS. LIST PRICE: 97.22% 106.17% - 8.4% THETFORD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 11 11 0.0% AVERAGE SALE PRICE: $444.4 $372.5 19.3% AVERAGE DAYS ON MARKET: 15.0 62.0 - 75.8% SOLD PRICE VS. LIST PRICE: 99.09% 98.44% 0.7% POMFRET 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 7 6 16.7% AVERAGE SALE PRICE: $736.9 $784.5 - 6.1% AVERAGE DAYS ON MARKET: 48.0 117.0 - 59.0% SOLD PRICE VS. LIST PRICE: 106.16% 99.60% 6.6%
TUNBRIDGE 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 10 7 42.9% AVERAGE SALE PRICE: $266.4 $379.6 - 29.8% AVERAGE DAYS ON MARKET: 95.0 66.0 43.9% SOLD PRICE VS. LIST PRICE: 100.17% 99.07% 1.1% WEATHERSFIELD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 10 19 - 47.4% AVERAGE SALE PRICE: $269.2 $255.3 5.4% AVERAGE DAYS ON MARKET: 100.0 107.0 - 6.5% SOLD PRICE VS. LIST PRICE: 92.94% 99.45% - 6.5% VERSHIRE 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 6 3 100.0% AVERAGE SALE PRICE: $378.0 $293.3 28.9% AVERAGE DAYS ON MARKET: 151.0 20.0 655.0% SOLD PRICE VS. LIST PRICE: 91.49% 103.17% - 11.3% WEST FAIRLEE 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 6 3 100.0% AVERAGE SALE PRICE: $378.0 $293.3 28.9% AVERAGE DAYS ON MARKET: 151.0 20.0 655.0% SOLD PRICE VS. LIST PRICE: 91.49% 103.17% - 11.3% WINDSOR 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 21 21 0.0% AVERAGE SALE PRICE: $241.5 $206.9 16.7% AVERAGE DAYS ON MARKET: 42.0 54.0 - 22.2% SOLD PRICE VS. LIST PRICE: 100.56% 99.85% 0.7% WEST WINDSOR 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 10 18 - 44.4% AVERAGE SALE PRICE: $426.4 $417.9 2.0% AVERAGE DAYS ON MARKET: 171.0 124.0 37.9% SOLD PRICE VS. LIST PRICE: 95.59% 91.16% 4.9%
WOODSTOCK 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 37 46 - 19.6% AVERAGE SALE PRICE: $940.2 $843.8 11.4% AVERAGE DAYS ON MARKET: 97.0 55.0 76.4% SOLD PRICE VS. LIST PRICE: 93.96% 98.02% - 4.1%
2230 Quimby Mountain Road, Sharon, VT | Active
82 Sunset Rock Road, Lebanon, NH | Closed
6 Beauty Hill Road, Plainfield, NH | Active
Upper Valley New Hampshire
Upper Valley NH by Town
All Properties | All Price Points
CANAAN 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 37 46 - 19.6% AVERAGE SALE PRICE: $240.5 $266.2 - 9.7% AVERAGE DAYS ON MARKET: 105.0 50.0 110.0% SOLD PRICE VS. LIST PRICE: 98.01% 99.09% - 1.1% CHARLESTOWN 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 29 36 - 19.4% AVERAGE SALE PRICE: $229.7 $177.3 29.6% AVERAGE DAYS ON MARKET: 42.0 26.0 61.5%% SOLD PRICE VS. LIST PRICE: 93.12% 101.10% - 7.9% CLAREMONT 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 75 90 - 16.7% AVERAGE SALE PRICE: $203.9 $209.7 - 2.8% AVERAGE DAYS ON MARKET: 37.0 19.0 94.7% SOLD PRICE VS. LIST PRICE: 100.62% 104.62% - 3.8% CORNISH 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 12 8 50.0% AVERAGE SALE PRICE: $230.2 $387.5 - 40.6% AVERAGE DAYS ON MARKET: 35.0 103.0 - 66.0% SOLD PRICE VS. LIST PRICE: 96.67% 90.12% 7.3% CROYDON 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 6 5 20.0% AVERAGE SALE PRICE: $310.0 $355.6 - 12.8% AVERAGE DAYS ON MARKET: 74.0 14.0 428.6% SOLD PRICE VS. LIST PRICE: 95.57% 99.61% - 4.1%
ENFIELD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 28 36 - 22.2% AVERAGE SALE PRICE: $364.8 $292.1 24.9% AVERAGE DAYS ON MARKET: 25.0 26.0 - 3.8% SOLD PRICE VS. LIST PRICE: 99.13% 103.12% - 3.9% DORCHESTER 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 2 9 - 77.8% AVERAGE SALE PRICE: $262.0 $122.0 114.8% AVERAGE DAYS ON MARKET: 10.0 169.0 - 94.1% SOLD PRICE VS. LIST PRICE: 107.38% 88.76% 21.0% GRAFTON 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 5 7 - 28.6% AVERAGE SALE PRICE: $160,400 $153,900 + 4.2% AVERAGE DAYS ON MARKET: 82.0 78.0 + 5.1% SOLD PRICE VS. LIST PRICE: 95.70% 94.39% 1.4% GRANTHAM 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 20 17 17.6% AVERAGE SALE PRICE: $194.4 $241.9 - 19.6% AVERAGE DAYS ON MARKET: 70.0 52.0 34.6% SOLD PRICE VS. LIST PRICE: 97.43% 100.42% - 3.0% HANOVER 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 38 42 - 9.5% AVERAGE SALE PRICE: $1,013.2 $1,101.1 - 8.0% AVERAGE DAYS ON MARKET: 45.0 29.0 55.2% SOLD PRICE VS. LIST PRICE: 97.15% 100.54% - 3.4% HAVERHILL 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 49 46 6.5% AVERAGE SALE PRICE: $209.4 $155.9 34.3% AVERAGE DAYS ON MARKET: 65.0 63.0 3.2% SOLD PRICE VS. LIST PRICE: 101.37% 98.53% 2.9%
LYME 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 14 12 16.7% AVERAGE SALE PRICE: $957.3 $835.7 14.6% AVERAGE DAYS ON MARKET: 19.0 12.0 58.3% SOLD PRICE VS. LIST PRICE: 96.40% 103.07% - 6.5% LEBANON 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 90 87 3.4% AVERAGE SALE PRICE: $431.0 $394.0 9.4% AVERAGE DAYS ON MARKET: 19.0 36.0 - 47.2% SOLD PRICE VS. LIST PRICE: 101.54% 102.93% - 1.4% NEW LONDON 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 38 35 8.6% AVERAGE SALE PRICE: $557.9 $804.1 - 30.6% AVERAGE DAYS ON MARKET: 32.0 34.0 - 5.9% SOLD PRICE VS. LIST PRICE: 99.01% 100.34% - 1.3% NEWBURY 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 19 29 - 34.5% AVERAGE SALE PRICE: $857.1 $622.9 37.6% AVERAGE DAYS ON MARKET: 24.0 75.0 - 68.0% SOLD PRICE VS. LIST PRICE: 98.02% 107.22% - 8.6% ORANGE 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 2 3 - 33.3% AVERAGE SALE PRICE: $258.0 $344.4 - 25.1% AVERAGE DAYS ON MARKET: 140.0 200.0 - 30.0% SOLD PRICE VS. LIST PRICE: 96.09% 94.88% 1.3% ORFORD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 4 4 0.0% AVERAGE SALE PRICE: $525.4 $284.5 84.7% AVERAGE DAYS ON MARKET: 84.0 81.0 3.7% SOLD PRICE VS. LIST PRICE: 96.48% 100.18% - 3.7%
PIERMONT 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 3 6 - 50.0% AVERAGE SALE PRICE: $280.7 $246.8 13.7% AVERAGE DAYS ON MARKET: 65.0 5.0 1200.0% SOLD PRICE VS. LIST PRICE: 98.59% 101.93% - 3.3% SUNAPEE 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 18 33 - 45.5% AVERAGE SALE PRICE: $591.5 $466.9 26.7% AVERAGE DAYS ON MARKET: 30.0 29.0 3.4% SOLD PRICE VS. LIST PRICE: 101.49% 101.37% 0.1% SPRINGFIELD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 10 21 - 52.4% AVERAGE SALE PRICE: $292.9 $345.7 - 15.3% AVERAGE DAYS ON MARKET: 77.0 44.0 75.0% SOLD PRICE VS. LIST PRICE: 100.43% 99.30% 1.1% PLAINFIELD 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 7 17 - 58.8% AVERAGE SALE PRICE: $436.8 $340.9 28.1% AVERAGE DAYS ON MARKET: 83.0 65.0 27.7% SOLD PRICE VS. LIST PRICE: 96.95% 97.24% - 0.3% UNITY 1/1/23 - 6/30/23 1/1/22 - 6/30/22 +/- % TOTAL SALES IN UNITS: 12 15 - 20.0% AVERAGE SALE PRICE: $269.0 $230.0 17.0% AVERAGE DAYS ON MARKET: 54.0 107.0 - 49.5% SOLD PRICE VS. LIST PRICE: 93.88% 98.07% - 4.3%
Vermont
New York
Champlain Valley South Burlington: 802.864.0541
Hudson Valley Kingston: 845.331.3100
Rhinebeck: 845.876.5100
Central Vermont
Tivoli: 845.757.5000
Rutland: 802.774.7007
Catskill: 518.943.7533
Killington: 802.746.4203
Hudson: 518.822.0800
Stowe: 802.253.7267
Upstate New York
Northeast Kingdom
Saratoga Springs: 518.580.8500
St. Johnsbury: 802.751.7582
Bolton Landing: 518.644.9500
Southern Vermont
Lake Placid: 518.523.2550
Mount Snow: 802.464.1200
Central New York
Stratton: 802.297.1100
Syracuse: 315.685.8100
Manchester: 802.362.4551
Okemo: 802.228.4537
Thousand Islands Region: 315.685.8100
Upper Valley
Fairlee: 802.333.4701
Finger Lakes Region: 315.685.8100
Western New York
Buffalo: 716.320.1414
Rochester: 585.394.7111
New Hampshire New York
Lake Sunapee Region New London: 603.526.4050
Lakes Region of New Hampshire Meredith: 603.677.7012
Southern New Hampshire Bedford: 603.413.7600
Peterborough: 603.924.3321
Upper Valley Hanover: 603.643.6070
Vermont
Champlain Valley South Burlington: 802.864.0541
Hudson Valley Kingston: 845.331.3100
Rhinebeck: 845.876.5100
Central Vermont
Tivoli: 845.757.5000
Rutland: 802.774.7007
Catskill: 518.943.7533
Killington: 802.746.4203
Hudson: 518.822.0800
Stowe: 802.253.7267
Upstate New York
Northeast Kingdom St. Johnsbury: 802.751.7582
Saratoga Springs: 518.580.8500
Bolton Landing: 518.644.9500
Southern Vermont
Lake Placid: 518.523.2550
Mount Snow: 802.464.1200
Central New York
Stratton: 802.297.1100
Syracuse: 315.685.8100
Manchester: 802.362.4551
Okemo: 802.228.4537
Thousand Islands Region: 315.685.8100
Upper Valley Fairlee: 802.333.4701
Finger Lakes Region: 315.685.8100
Western New York
Buffalo: 716.320.1414
Rochester: 585.394.7111
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Private Road #7, Vershire, VT | Active