Northwestern Vermont Real Estate Market Update – August 18, 2014

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Chittenden:
1,049 Active
198 Pending
1,063 Closed (year to date)                                                        Closed (year-to-date 2013):   1,115

Median Sale Price (Residential year-to-date) = $259,900                              2013: $256,900
Average Sale Price (Residential year-to-date) = $293,078                             2013: $295,144
Average Days on Market (Residential year-to-date) =79                               2013: 88

Multi-Family Active – 53                             Land Active – 175
Multi-Family Pending –11                             Land Pending – 10

 

 

Franklin:
572 Active
73 Pending
289 Closed (year to date)                                                              Closed (year-to-date 2013):  270

Median Sale Price (Residential year-to-date) = $185,470                           2013: $189,950
Average Sale Price (Residential year-to-date) = $198,644                          2013: $197,598
Average Days on Market (Residential for year-to-date) =114                     2013: 135

Multi-Family Active –31                                Land Active – 139
Multi-Family Pending – 5                              Land Pending – 4

 

 

Grand Isle:
217 Active
20 Pending
61 Closed (year to date)                                                                   Closed (year-to-date 2013):    65

Median Sale Price (Residential year-to-date) = $235,000                              2013: $230,000
Average Sale Price (Residential year-to-date) = $281,579                             2013: $297,918
Average Days on Market (Residential year-to-date) = 195                              2013: 183

Multi-Family Active –5                                 Land Active – 85
Multi-Family Pending –1                               Land Pending – 7

Vermont Real Estate Market Update | July 2014

We just completed our month-end analysis of the Northwestern Vermont real estate market where we compared year-over-year sales.  These statistics are intended to help you make an informed decision about the Northwestern Vermont real estate market before you buy or sell a home in the Northwestern Vermont area.

Click on the video below or check out the infographics for more details.

 

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Market Stats as of July 31 2014

 

JULY Monthly Market Stats 1

The market in Northwestern Vermont has held steady over the past year.  Now is still a great time to buy, but before you begin house hunting, get pre-approved so sellers will take your offer seriously in this competitive, multiple offer market.   Just let us know what you are looking for and we’ll start watching for listings before they even hit the market.

Are you ready to sell?  If you plan to sell your home, now is the time.  Our team would be happy to set up a complimentary market analysis and advise you on how to stage and prepare your home for sale.  Email us the details of your home to get started!

We would love to help you find opportunities that meet your real estate goals, or answer any of your real estate questions.

The Adam Hergenrother Team | 802.488.3488 | AHTeam@AdamHergenrother.com 

New Listing! Recently Renovated Sheldon Home on 5 Acre Land

DSCN8215 blue sky (Large)New Listing | 1567 Sweet Hollow Road, Sheldon, VT 05485

Ton of space in this recently renovated Split-Level with 3+ bedrooms and 2 full baths. Over 3000 finished square feet with high ceilings throughout, hardwood and ceramic tiled floors, huge master suite or bonus room with adjoining dressing room/office and walk-in closet, large eat- kitchen with upgraded stainless appliances and spacious double pantry, family room, mudroom and extra rooms on lower level – plenty of space for everyone! Recent improvements include new septic, new plumbing, new furnace and on demand hot water heater and much more. Woodstove in garage supplements the new propane furnace. Above ground pool and shed stay. Lovely country setting yet minutes to St. Albans amenities and I-89.

Call (802) 488-3488 to schedule an appointment today!

Please click here for further information regarding this property.

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