Northwestern Vermont Real Estate Market Update – July 21, 2014

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Chittenden:

1002 Active
264 Pending
869 Closed (year to date)                               Closed (year-to-date 2013): 902

Median Sale Price (Residential year-to-date) = $253,000  2013: $253,500
Average Sale Price (Residential year-to-date) = $291,975   2013: $291,963
Average Days on Market (Residential year-to-date) =82     2013: 94

Multi-Family Active – 45                   Land Active – 155
Multi-Family Pending –7                   Land Pending – 11

Franklin:

567 Active
81 Pending
245 Closed (year to date)                             Closed (year-to-date 2013): 227

Median Sale Price (Residential year-to-date) = $185,470   2013: $192,000
Average Sale Price (Residential year-to-date) =$197,525    2013: $201,040
Average Days on Market (Residential for year-to-date) =120   2013: 133

Multi-Family Active –31                  Land Active – 126
Multi-Family Pending –4                Land Pending -3

Grand Isle:

228 Active
15 Pending
52 Closed (year to date)                               Closed (year-to-date 2013): 49

Median Sale Price (Residential year-to-date) = $242,500  2013: $225,000
Average Sale Price (Residential year-to-date) = $294,592  2013: $295,430
Average Days on Market (Residential year-to-date) = 186  2013: 188

Multi-Family Active –5                  Land Active – 86
Multi-Family Pending –1               Land Pending -7

New Listing! Charming Vermont Farmhouse w/ River Frontage

DSCN7409 (Large)New Listing | 6770 Route 78, Highgate, VT 05459

Charming Vermont Farmhouse with plenty of space for everyone! The property consists of 2 parcels totaling 1 acre with the home nestled on one side of the road and 284 feet of river frontage on the other side! Original wide board pine floors throughout have been refinished, enjoy entertaining in the large country kitchen with updated appliances, formal dining with built-ins or adjoining living/family rooms. Convenient 1st floor bedroom, full bath and laundry. On the 2nd level, you’ll find a spacious master bedroom, guest bedroom, office, 3/4 bath plus attic with expansion possibilities. Lots of storage space throughout including an attached shed/garage. Relax on the wrap-around covered porch or by the river on your very own private beach perfect for fishing or wading. Lots of charm throughout and an excellent value! Quiet, peaceful setting yet minutes to all St. Albans City 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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Vermont Real Estate Market Update | June 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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June 2014 Market Infographic 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