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 

Northwestern Vermont Real Estate Market Update – July 28, 2014

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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