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

Open Houses this Weekend!

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 Open House | 180 North Main St., St. Albans | $209,900
Saturday, July 26th from 1PM to 3PM

Own a piece of history with this early century American Square Colonial that offers over 2500 finished square feet. Large rooms throughout with refinished original hardwood floors, updated kitchen was remodeled in 2006, formal dining with French doors and wainscoting, Great Room with wood-burning fireplace and a dramatic foyer with beautiful staircase and decorative lighting. On the 2nd level you’ll find 3 massive bedrooms, a full bath plus built-ins in the hallway.

Directions: Main Street through St. Albans, pass Congress Street and Brainerd Street, home on left before Best Court.

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!

May

Open House | 201 Cooper Road, Milton | $470,000
Sunday, July 27th from 1PM to 3PM

Priced below assessed value! Vermont lakefront property offering 4.2 private acres with 662′ of owned lake frontage plus a private dock, in-ground swimming pool and extensive perennial landscaping. The home features over 4300 SF including 5 bedrooms and 3 baths. You’ll find granite counters and stainless appliances in the gourmet kitchen, an elegant formal dining room, living room with fireplace, a study with built-ins and much more!

Directions: To Milton, right on Main Street, left on North Street, left on Cooper to the end.

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!

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