Chittenden County, VT Market Update 2nd Quarter 2011
Wednesday, August 3rd, 2011Below, find my summary from 2nd Quarter data retrieved from the multiple listing service (MLS).
*Sales in Chittenden County, VT 2nd Quarter 2011 (*MLS statistics)
For properties listed over $750K, there were 5 sales: 2 in Charlotte, 2 in Shelburne and 1 in South Burlington. For properties under $750K, there were 372 sales across Chittenden County with most sales occurring in South Burlington (70 sales), Burlington (66 sales), Essex (57 sales), and Colchester (43 sales). Overall sales in Chittenden County declined slightly with 377 residential properties sold in the 2nd Quarter of 2011 as compared to 475 sales in 2nd quarter of 2010. This is not surprising given the tax credits that were offered last Spring which were a large incentive for a great number of buyers, especially in the lower price brackets.
Burlington, VT Sales 2nd Quarter 2011
There were 66 sales in Burlington this past quarter with 2 sales over $500K. Both were luxury condominiums with Lake & Adirondack views. Click here to view current Burlington listings!
Burlington, VT Hill Section Sales 2nd Quarter 2011
There were 4 sales in the Hill Section this past quarter (one of which was my listing), and new listings have increased, as is common for this time of year. Click here to view current Hill Section listings!
Lake Champlain Waterfront Sales 2nd Quarter 2011
There were 4 waterfront sales over $500K in Chittenden County this past quarter with 3 in Shelburne and 1 in Colchester. The highest waterfront sale (which was my sale!) was for $1,780,000 in Shelburne. Click here to view current waterfront listings!
Charlotte, VT Sales 2nd Quarter 2011
There were 10 sales in Charlotte this past quarter with 5 sales over $500K (one of which was my listing which sold at $550K). The highest sale at just under $838K had waterfront access with dock & mooring rights. Click here to view current Charlotte listings!
Shelburne, VT Sales 2nd Quarter 2011
There were 26 sales in Shelburne this past quarter with 11 sales over $500K. The highest sale was the waterfront sale as listed above. Click here to view current Shelburne listings!
Condo Sales in Chittenden County 2nd Quarter 2011
There were 132 condominium sales in Chittenden County this past quarter with most sales occurring in South Burlington (34 sales), Burlington (32 sales), Essex (24 sales), and Colchester (16 sales). The 5 highest condo sales, ranging from $530K – $625K, were in Burlington (2), Shelburne (2) and South Burlington (1). Click here to view the most recent condo listings in Burlington and Chittenden County, VT!
Contact me for more information on any of the above information, or to start your property search today!
*Does not include For Sale By Owners, direct sales, transfers, etc. This information is from the multiple listing service of Northern Vermont.