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

 

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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 

Open Houses This Weekend!

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Open House | 162 Cumberland Rd. Burlington | $469,000

Saturday, August 16th from 1PM to 3PM

Wonderful 4 bedroom Colonial in sought after Burlington neighborhood with two heated pools and beach rights. Original owners have cared for this home over the years with addition and new roof in 2004 plus more recently, new quartz counters and stainless appliances in the kitchen. Sunny, open floor plan with hardwood floors, fireplace in living room, oversized family room with access to 2 separate decks and more! On the 2nd level, you’ll find spacious bedrooms with bamboo floors. The master suite offers a walk-in closet and a large, private bath with double vanity, corner tub and separate shower.

Directions: North Avenue, left onto Staniford Road, straight onto Appletree Point Road, right onto Cumberland Road, home at end on right.

Please click here for further information on this property.

For further information regarding our Open Houses, please call (802) 488-3488.  We hope to see you there!

 

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Open House | 8 Dodge Terrace, Grand Isle | $449,000

Sunday, August 17th from 1PM – 3PM

Gorgeous home with Brazilian cherry floors, 9 ft ceilings, gourmet kitchen with granite counters and stainless appliances, breakfast room with glass door to deck, formal dining, family room with gas fireplace, living room with built-in bookshelves and more! On the 2nd level, you’ll find 3 guest bedrooms and guest bath plus the luxurious master suite with walk-in closet and deluxe bathroom offering a jetted tub, shower and double vanity.

Directions: Route 2 to Grand Isle, right onto East Shore Road North, left onto Lovers Lane, left onto Dodge Terrace, home on right.

Please click here for further information on this property.

For further information regarding our Open Houses, please call (802) 488-3488.  We hope to see you there!