Vermont real estate market report shows sales of residential homes up 16.6 percent across northwest Vermont

Coldwell Banker Hickok & Boardman Realty’s Fall 2013 Vermont Market Report finds strong buyer demand and steady pricing were the hallmarks of the summer months in Northwest Vermont’s real estate market. Healthy trends witnessed earlier in the year and 2012 continued.
The number of sold properties ‘ including single-family homes, condominiums and mobile homes ‘ jumped 16.6% across Chittenden, Addison, Franklin, and Grand Isle counties. Median residential sale price also rose 3.2% to $242,500.
The Coldwell Banker Hickok & Boardman Realty Northwest Vermont Market Report provides a look into the region’s thriving multi-family property market, luxury real estate market, an analysis by County, and for Chittenden County ‘ a breakdown by school district and highlights of the Rental Market. For the complete report go to www.VermontMarketReport.com
Report Highlights
Chittenden County
The county’s sales by number of residential units ‘ which include single-family homes, condominiums and mobile homes ‘ rose 16.2% from May through August, while the median sale price improved 4.4% to $261,000. For the Chittenden County Report click here http://www.hickokandboardman.com/vermont-market-report/chittenden.html
Franklin County
Steady demand from first-time homebuyers lifted median pricing 1.5% to $192,750, with a 2.9% increase in the number of sold units. For the Franklin County Report click here http://www.hickokandboardman.com/vermont-market-report/franklin.html
Grand Isle
After a slow spring, homebuyers returned to Grand Isle during the summer months, with single-family home sales jumping by almost two-thirds. For the Grand Isle Report click here http://www.hickokandboardman.com/vermont-market-report/grandisle.html
Addison County
Residential sales ‘ including single-family homes, condominiums and mobile homes - jumped 27.8% to 138 transactions from May through August. Median sale pricing improved by 2.3% to $220,000. For the Addison County report click here http://www.hickokandboardman.com/vermont-market-report/addison.html
Burlington, Vermont ‘ October 2, 2013 ‘ Coldwell Banker Hickok & Boardman Realty