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Northwestern Vermont Real Estate Market Update – October 20, 2014

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Chittenden:

993 Active
224 Pending
1,359 Closed (year to date)                                                   Closed (year-to-date 2013):   1,441

Median Sale Price (Residential year-to-date) = $262,500                   2013: $255,000
Average Sale Price (Residential year-to-date) = $295,721                 2013: $292,784
Average Days on Market (Residential year-to-date) =78                    2013: 86

Multi-Family Active – 55                                Land Active – 172
Multi-Family Pending – 19                            Land Pending – 9

Franklin:

554 Active
42 Pending
399 Closed (year to date)                                                       Closed (year-to-date 2013):  380

Median Sale Price (Residential year-to-date) = $185,000                    2013: $189,950
Average Sale Price (Residential year-to-date) = $196,916                  2013: $194,996
Average Days on Market (Residential for year-to-date) =121              2013: 134

Multi-Family Active –24                                 Land Active – 134
Multi-Family Pending – 2                              Land Pending – 4

Grand Isle:

204 Active
12 Pending
87 Closed (year to date)                                                            Closed (year-to-date 2013):    94

Median Sale Price (Residential year-to-date) = $235,000                       2013: $219,250
Average Sale Price (Residential year-to-date) = $276,756                     2013: $279,399
Average Days on Market (Residential year-to-date) = 185                     2013: 176

Multi-Family Active –4                                   Land Active – 94
Multi-Family Pending – 0                              Land Pending – 1

Addison:

383 Active
42 Pending
252 Closed (Year To Date)                                                      Closed (year-to-date 2013):    262

Median Sale Price (Residential year-to-date) = $210,000                     2013: $220,000
Average Sale Price (Residential year-to-date) = $235,312                   2013: $242,257
Average Days on Market (Residential year-to-date) = 157                   2013: 187

Multi-Family Active –11                                 Land Active – 135
Multi-Family Pending – 4                              Land Pending – 4

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New Listing! Wonderful, Inviting Swanton Home

DSCN0167New Listing | 22 Glenridge Lane, Swanton, VT  05488

Come check out this wonderful 3 Bedroom home in Swanton! High ceilings and open floor plan make this home so inviting and perfect for entertaining friends and family! 3 Bedrooms and 2 Bathrooms ensure everyone has enough space! Beautiful butterscotch oak floors in Living room and hallways. Attached 2 car garage- which is wonderful on those snowy days! Basement is fully framed, insulated and wired- ready to be made into an additional living space! This home also includes access to 62 acres of common land where you can hike, hunt, and ride your 4 wheeler! Come check out this property while you can! Great HOA that has discounted rates for trash/propane/plowing.

Call (802) 488-3488 to schedule an appointment today!
Please click here for further information regarding this property.

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Check Out Our Open House This Sunday!

DSCN8766Open House | 833 Ballard Road, Georgia, VT 05468
Sunday, October 19th from 1PM to 3PM

Price Reduced to $259,000!

Amazing value on this well-maintained home with 2-level addition and finished walkout basement. 4+ bedrooms, 2 full baths, den, craft room, family room with new soapstone woodstove, master suite with private bath and adjoining office or nursery and more! Enjoy cooking in the updated eat-in kitchen with beautiful hickory cabinets and new countertops. Entertain from the formal dining room with hardwood floor. Tons of storage space throughout. Relax on the wrap-around deck or patio behind the garage all overlooking an expansive private yard surrounded by woods. The garage offers an attached shed for additional storage. Huge lot with plenty of yard space for gardening or roam into the woods to enjoy the treehouse! Recent improvements include new metal roof, new septic in 2005 and new well in 2001. Minutes to I-89 for a short commute to Burlington or St. Albans.

Directions: Route 104A to Ballard Road, property on left just after Waller Road.

Hosting Agent: Tom Martin

For further information regarding our Open Houses, please call (802) 488-3488
Please click here for further information regarding this property.

We hope to see you there!

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Northwestern Vermont Real Estate Market Update – October 13, 2014

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Chittenden:

1,004 Active
227 Pending
1,312 Closed (year to date)                                                  Closed (year-to-date 2013):   1,406

Median Sale Price (Residential year-to-date) = $262,000                 2013: $255,000
Average Sale Price (Residential year-to-date) = $293,991               2013: $292,958
Average Days on Market (Residential year-to-date) =78                  2013: 86

Multi-Family Active – 55                                Land Active – 176
Multi-Family Pending – 17                            Land Pending – 10

Franklin:

554 Active
49 Pending
385 Closed (year to date)                                                      Closed (year-to-date 2013):  370

Median Sale Price (Residential year-to-date) = $185,500                   2013: $189,900
Average Sale Price (Residential year-to-date) = $198,300                 2013: $194,741
Average Days on Market (Residential for year-to-date) =119             2013: 133

Multi-Family Active –24                                 Land Active – 132
Multi-Family Pending – 3                              Land Pending – 4

Grand Isle:

210 Active
13 Pending
85 Closed (year to date)                                                         Closed (year-to-date 2013):    90

Median Sale Price (Residential year-to-date) = $233,000                    2013: $219,750
Average Sale Price (Residential year-to-date) = $270,168                  2013: $284,139
Average Days on Market (Residential year-to-date) = 187                  2013: 173

Multi-Family Active –8                                   Land Active – 96
Multi-Family Pending – 5                              Land Pending – 1

Addison:

387 Active
42 Pending
243 Closed (Year To Date)                                                       Closed (year-to-date 2013):    255

Median Sale Price (Residential year-to-date) = $209,000                     2013: $220,000
Average Sale Price (Residential year-to-date) = $236,023                   2013: $243,311
Average Days on Market (Residential year-to-date) = 159                   2013: 187

Multi-Family Active –5                                   Land Active – 96
Multi-Family Pending – 0                              Land Pending – 2

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New Listing! Updated Swanton Duplex with Solid Rental History

DSCN9833New Listing | 93-95 Grand Avenue, Swanton

Great Duplex with lots of updates within the past 7-10 years including new roof and siding. Spacious, side-by-side units with 2 bedrooms each, separate heat and electricity, laundry hook-ups, covered porches to relax on and plenty of parking and yard space. Long-term tenants with great rental history or owner-occupy one unit while the other pays most of the bills! Great in-town location, minutes to all Swanton amenities and I-89 plus easy access to St. Albans and Lake Champlain. A unique investor opportunity – priced way below assessed value!

Call (802) 488-3488 to schedule an appointment today!
Please click here for further information regarding this property.

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Northwestern Vermont Real Estate Market Update – October 6, 2014

Chittenden:

1,010 Active
225 Pending
1,287 Closed (year to date)                                                          Closed (year-to-date 2013):   1,385

Median Sale Price (Residential year-to-date) = $262,500                          2013: $255,000
Average Sale Price (Residential year-to-date) = $294,342                         2013: $292,752
Average Days on Market (Residential year-to-date) =78                             2013: 86

Multi-Family Active – 59                              Land Active – 178
Multi-Family Pending – 15                            Land Pending – 9

 

 

Franklin:

555 Active
47 Pending
378 Closed (year to date)                                                             Closed (year-to-date 2013):  359

Median Sale Price (Residential year-to-date) = $186,000                         2013: $189,900
Average Sale Price (Residential year-to-date) = $198,649                        2013: $194,570
Average Days on Market (Residential for year-to-date) =118                   2013: 132

Multi-Family Active –24                               Land Active – 136
Multi-Family Pending – 3                              Land Pending – 5

 

 

Grand Isle:

209 Active
13 Pending
84 Closed (year to date)                                                                Closed (year-to-date 2013):    88

Median Sale Price (Residential year-to-date) = $234,000                        2013: $219,750
Average Sale Price (Residential year-to-date) = $271,599                       2013: $286,087
Average Days on Market (Residential year-to-date) = 187                       2013: 174

Multi-Family Active –5                                   Land Active – 96
Multi-Family Pending – 0                              Land Pending – 2

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New Listing! Rare Lake Champlain Waterfront Duplex

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New Listing | 256 Hathaway Point Road, St. Albans Town, VT  05478

Rare Lake Champlain Duplex with 300 feet of private lake frontage. Wonderful opportunity to rent out both units or owner-occupy the 3 bedroom top floor unit while the long-term downstairs tenants contribute to your mortgage or taxes! Enjoy your lakefront home with private boat ramp and concrete retaining wall. Spacious, sunny units with oversized east-facing windows overlooking St. Albans Bay! The property also offers a detached 2-car garage with 2nd floor storage. Walk to State Park and just minutes to downtown St. Albans and I-89. Plus an easy 25 minute commute to Burlington. Don’t miss out!

Call (802) 488-3488 to schedule an appointment today!
Please click here for further information regarding this property.

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