Vermont Real Estate Market Report

Coldwell Banker Hickok & Boardman Realty’s Early 2013 Vermont Real Estate Market Report for Northwest Vermont provides detailed real estate market information on Chittenden, Franklin, Grand Isle and Addison counties. There is also town-specific information on Burlington, South Burlington, Milton, Colchester & Winooski as well as market information specific to the following School Districts: Chittenden South, Chittenden Central & Chittenden East. 

BURLINGTON VT REAL ESTATE: 2012 versus 2011

Burlington residential sales were up an impressive 42% and Burlington condo sales gained 35% over the same period from last year as new hires for growing business such as Dealer.com, Seventh Generation and Green Mountain Coffee Roasters entered the market. Institutions like the University of Vermont and Fletcher Allen Health Care also continue to bring in new Buyers eager to see new property inventory. Both single family homes & condos showed modest gains in their median sale price.

SOUTH BURLINGTON VT REAL ESTATE: 2012 versus 2011

South Burlington saw a modest 5.3% increase in residential sales although the median sales price dipped slightly. While the median sales price for condos rose by 8.9%, single-family homes median sale prices fell by 14.5% making the overall median residential sales price in South Burlington lower than the same period last year.

LUXURY & MULTI-FAMILY REAL ESTATE: 2012 versus 2011

This real estate report also provides insight on the Luxury Market and the Multi-Family market.  Luxury homes sales in 2012 represented a 70% boost in transactions from 2011. All but two of the 17 total sales were recorded in Chittenden County with Shelburne and Charlotte accounting for the bulk of those sales. Two thirds of the total sales were waterfront properties. The overall median luxury sale price in 2012 was $1.35 million.

In the multi-family market, rental vacancy rates continue to sit well below the national average (1.7% in Chittenden County VT compared to 4.5% nationally as of December 2012)  creating a high demand for available rental units & pushing sales of multi-family properties in the market. Sales for duplexes and other multi-family homes jumped 16% across Chittenden, Franklin and Grand Isle counties. In Chittenden county alone, sales rose an astounding 43% in 2012.

The complete report is currently available online only at www.VermontMarketReport.com.

If you have any questions about this report or want to talk about a specific property or locale, please contact me today!

MORE INTERACTION

New website design for www.BrianBoardmanVT.com

If you’re a regular visitor to my website, www.BrianBoardmanVT.com, you’ll notice some substantial changes! We’ve updated the site to be much more interactive allowing users to easily browse & sort listings, search Vermont properties for sale using an interactive map, quickly view & print detailed property information, and save favorite listings. There are also numerous social media links embedded throughout the site. Now you can easily share your favorite listings with friends & family via email, facebook, twitter, Pinterest & Google+! We’re also featuring property videos on the main landing page to highlight some of the most exciting real estate in the Burlington, Vermont area!

EASY NAVIGATION

For our returning users- Don’t Panic! The navigation on the website has remained the same. You’ll easily be able to find your way to your favorite pages. From ‘Living in Vermont‘ with detailed information on Climate, Culture, History, Schools & Taxes – to ‘Vermont Towns‘ with town-specific information & real estate listings- We’ve got you covered! We are also updating content throughout the website so please check back often for the latest on Vermont real estate and living in the Burlington VT area!

MOVING TO VERMONT?

Are you thinking of moving to Vermont? Be sure to check out our relocation services. New to Vermont and wondering what to do? Click here for an updated list of museums, performing arts venues & festivals!

QUESTIONS ON WWW.BRIANBOARDMANVT.COM?

If you have any questions or need assistance using the new website, please contact my office.

Coldwell Banker Hickok & Boardman Realty’s End of Summer 2012 Real Estate Market Report for Northwest Vermont provides detailed real estate market information on Chittenden, Franklin, Grand Isle and Addison counties. Also find town-specific information on Burlington, South Burlington, Milton, Colchester & Winooski. As well as market information specific to the following School Districts: Chittenden South, Chittenden Central & Chittenden East.

BURLINGTON VT REAL ESTATE

Burlington sales for single family residential units are up 35% over the same period from last year. Burlington condo sales also  are also improved by 19% over same period last year. Both single family homes & condos showed gains in their median pricing.

SOUTH BURLINGTON VT REAL ESTATE

South Burlington has seen a 16% decrease in median sales for single family homes, although the average days on the market was down to 77 from 99 days in the same period last year. The median sales for South Burlington condos rose  by 6.5%  and the average days on the market also decreased to 84 days (down from 94 days in the same period of 2011).

LUXURY & MULTI-FAMILY REAL ESTATE

In addition, this real estate report also provides insight on the Luxury Market and the Multi-Family market. The luxury market has seen 15 sales over $1 Million in the last 12 months. In the multi-family market, sold listings for duplexes and other multi-family homes jumped 24% for the first eight months of 2012 across Chittenden, Franklin and Grand Isle counties.

The complete report is currently available online only at www.VermontMarketReport.com.

If you have any questions about this report or want to talk about a specific property or locale,
please contact me today!

Coldwell Banker Hickok & Boardman Realty’s Early Spring 2012 Real Estate Market Report provides detailed information on Chittenden, Franklin, Grand Isle and Addison counties. Also find town-specific information on Burlington, South Burlington, Milton, Colchester & Winooski. As well as market information specific to the following School Districts: Chittenden South, Chittenden Central & Chittenden East.

Included in this issue is a special highlight on the luxury market!

The complete report is currently available online only at www.VermontMarketReport.com.

If you have any questions about this report or want to talk about a specific property or locale,
please contact me today!

I think this video speaks for itself.  Please contact Spectrum to learn more about how you can help homeless youth in Vermont! For more information about my personal experience at this event, read my blog dated April 5th below.