Colchester 3rd Quarter Market Update 2018

Dated: 11/09/2018

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Single Family Home Sales Shrank

Single family sales continued their downward trend for the third quarter with a 37.5% decrease over last year with only 40 homes sold. Condo sales rose slightly to 21 which is a 14.3% increase from 2017.

The median sales price for Colchester single-family homes rose 1.8% to $338,000. Average days on market jumped to 75 compared to 55 for the 2017 3rd 1/4 but, that jump was caused by one home that was on the market for 608 days! Mor new construction throws a wrinkle in the numbers as well.

<a href='https://john.welcomehomevermont.com/index.php?types[]=1&types[]=2&areas[]=city:Colchester&beds=0&baths=0&min=0&max=100000000&map=0&quick=1&submit=Search' title='Search Properties in Colchester'>Colchester</a> Quarterly Single Family Sales

The median sales price for condos dipped 14.6% to $205,000. Average days on market was only 34 compared to 188 last year. Median sales price and days on market were affected by the fact that there were a handful of newly constructed condos sold in the 3rd 1/4 of last year versus none this year.

<a href='https://john.welcomehomevermont.com/index.php?types[]=1&types[]=2&areas[]=city:Colchester&beds=0&baths=0&min=0&max=100000000&map=0&quick=1&submit=Search' title='Search Properties in Colchester'>Colchester</a> Condo Quarterly Sales

Q3 Single Family Sales

297 East Lakeshore Drive $150,000 

49 Rail Road $165,500 

75 Ridge Top Way $173,000 

1854 Colchester Point Road $174,750 

99 Foley Road $196,000 

649 Main Street $210,000 

899 Bay Road $230,000 

173 Eagle Park Drive $244,000 

30 Hilltop Court $245,000 

390 Eagle Park Drive $271,900 

313 Birchwood Drive $279,000 

52 Evergreen Circle $292,000 

385 Broadlake Road $298,500 

10 Stevens Way $300,000 

43 Renkin Drive $303,000 

111 Oak Circle $305,000 

54 Old Sawmill Road $315,000 

396 Colchester Pond Road $316,000 

86 Aurielle Drive $325,000 

241 Sand Road $329,000 

100 Edgewood Drive $347,000 

1183 Sunsetview Road $350,000 

309 Aurielle Drive $355,000 

357 Marble Island Road $359,900 

172 Watkins Road $362,000 

490 Watkins Road $368,500 

336 Orchard Drive $384,000 

70 Jocelyn Court $388,000 

523 South Bay Circle $399,000 

23 Wall Street $405,000 

306 East Lakeshore Drive $429,000 

72 Brosseau Lane $431,592 

1050 Bay Road $432,500 

1082 Bay Road $440,000 

51 Madison Drive $440,470 

124 South Bay Circle $450,000 

604 North Harbor Road $489,900 

166 Galvin Hill Road $572,500 

323 Buckingham Drive $585,000 

1721 Marble Island Road $608,000 

Q3 Condo Sales

156 Whispering Pines $125,000 

261 Holy Cross Road $130,000 

438 Oak Circle $183,000 

44 Commonwealth Drive $184,000 

190 Oak Circle $191,000 

190 Oak Circle $195,000 

42 Severance Green $195,000 

172-2 Woodbine By The Lake $197,000 

130 Pheasant Woods $198,000 

78 Severance Green Drive $205,000 

256 Oak Circle $205,000 

206-2 Woodbine Drive $206,000 

206 Woodbine by the Lake $209,000 

63 Partridge Hill $210,000 

203 Deer Lane $226,000 

252 Country Meadows $270,250 

209 Fox Run $298,000 

317 Abigail Drive $309,000 

66 Ford Lane $355,000 

1172 East Lakeshore Drive $412,000 

1448 Marble Island Road $440,000 

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John Abry

John is a Realtor partner in the Heroes Home Advantage program which is a real estate rebate program for those that protect serve and care for our country and communities. (https://www.heroeshomeadvan....

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