Wednesday, October 19, 2011

Find out how your town is doing in the Real Estate Market

Welcome to the Northwest Vermont Market Report created by Coldwell Banker Hickok and Boardman Realty.


Our goal in providing this report is to aid homebuyers and sellers throughout Northwest Vermont with the information they need to make informed decisions.

The report, which looks at sales from May through August, demonstrates the overall stability of Northwest Vermont’s property trends during the summer real estate season.Despite the property crisis that has affected many other U.S. communities, Northwest Vermont boosted the number of sold residential properties by 4.8% from May through August, while average sale prices slipped a modest 1.6%. Pending listings across Chittenden, Franklin and Grand Isle Counties rose 29%, signifying a steady pipeline of buyers, while new listings increased by 11%. The region also demonstrated a robust sell to list price ratio of 96%. Real estate is a local business, and perhaps no more so than in the vibrant and diverse towns of Northwest Vermont. As you’ll see throughout the report, sale prices can vary dramatically from town to town, and each community— whether Charlotte or Winooski — carries its own characteristics. Feel free to call or email me at mbedard@hickokandboardman.com with questions. Click here for report