Realtor Michael Allen Joins Team as Showing Partner

Michael Allen Headshot

Please join us in welcoming Realtor, Michael Allen, to The Adam Hergenrother Team at KW Vermont.  Michael will be working with our Buyer’s Division as Showing Partner.

Michael is a lifelong resident of the Burlington area, having lived most of his life in Burlington and Winooski. Michael knows the area very well, and loves it! He has traveled around quite a bit, and enjoys seeing new places, yet when away from Vermont he yearns to be home. Michael earned his real estate license in 2004, and has had the privilege of helping buyers, sellers, and investors reach their Real Estate goals. His greatest satisfaction comes from seeing his clients reach their desired results, and knowing they are happy and totally satisfied. Michael cherishes time with his wife and infant son, being active in his Church, getting outdoors, and racing sailboats on Lake Champlain.

Contact Michael at michael@adamhergenrother.com or 802.488.3415.

New Listing! Historic Victorian Duplex in Burlington

DSCN8592New Listing | 188-190 North Union Street, Burlington, VT 05401

Historic Victorian with 2 units and 6 bedrooms total within walking distance to Church Street, UVM, Champlain College and Lake Champlain! 2 1/2 stories with 2 covered porches and back deck. Room for expansion in partially finished attic. Detached 32 x 23 barn/garage with 2nd floor storage. Solid rental history and well maintained. Great opportunity to become a Burlington landlord where the rental market is in your favor!

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 – August 25, 2014

DSCN8352
Chittenden:

1,060 Active
189 Pending
1,095 Closed (year to date)                                                        Closed (year-to-date 2013):   1,154

Median Sale Price (Residential year-to-date) = $259,900                                2013: $257,450
Average Sale Price (Residential year-to-date) = $292,645                              2013: $294,886
Average Days on Market (Residential year-to-date) =80                                 2013: 87

Multi-Family Active – 57                                Land Active – 177
Multi-Family Pending –13                             Land Pending – 10

 

Franklin:

577 Active
73 Pending
301 Closed (year to date)                                                            Closed (year-to-date 2013):  279

Median Sale Price (Residential year-to-date) = $185,470                                2013: $190,000
Average Sale Price (Residential year-to-date) = $199,397                              2013: $198,202
Average Days on Market (Residential for year-to-date) =114                          2013: 134

Multi-Family Active –30                                 Land Active – 136
Multi-Family Pending – 6                              Land Pending – 4

 

Grand Isle:

217 Active
16 Pending
66 Closed (year to date)                                                              Closed (year-to-date 2013):    68

Median Sale Price (Residential year-to-date) = $236,500                                2013: $233,000
Average Sale Price (Residential year-to-date) = $276,865                              2013: $294,819
Average Days on Market (Residential year-to-date) = 193                              2013: 179

Multi-Family Active –5                                   Land Active – 84
Multi-Family Pending –1                               Land Pending – 7

Northwestern Vermont Real Estate Market Update – August 18, 2014

DSCN7927

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.

 

adam_market_video

 

 

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 

Northwestern Vermont Real Estate Market Update – July 28, 2014

DSCN7788 (Large)

Chittenden:

992 Active
261 Pending
901 Closed (year to date)                              Closed (year-to-date 2013): 958

Median Sale Price (Residential year-to-date) = $253,000    2013: $251,750
Average Sale Price (Residential year-to-date) = $291,327    2013: $290,252
Average Days on Market (Residential year-to-date) =81       2013: 93

Multi-Family Active – 47            Land Active – 167
Multi-Family Pending –7            Land Pending – 15

Franklin:

567 Active
77 Pending
255 Closed (year to date)                                Closed (year-to-date 2013): 241

Median Sale Price (Residential year-to-date) = $185,000     2013: $190,000
Average Sale Price (Residential year-to-date) = $197,584     2013: $198,301
Average Days on Market (Residential for year-to-date) =117     2013: 144

Multi-Family Active –34            Land Active – 134
Multi-Family Pending – 3         Land Pending -6

Grand Isle:

229 Active
15 Pending
53 Closed (year to date)                                 Closed (year-to-date 2013): 53

Median Sale Price (Residential year-to-date) = $245,000     2013: $225,000
Average Sale Price (Residential year-to-date) = $295,637     2013: 286,435
Average Days on Market (Residential year-to-date) = 183     2013: 182

Multi-Family Active –5             Land Active – 87
Multi-Family Pending –1          Land Pending -7

Northwestern Vermont Real Estate Market Update – July 21, 2014

DSCN7402

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