Real Estate Market Report for Northwest Vermont: End of Summer 2012 by Coldwell Banker Hickok & Boardman RealtyTuesday, October 2nd, 2012
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!