2018 Vermont Home Sales Best In New England

Dated: 12/21/2018

Views: 34

From the RE/MAX of New England 2018 Housing Market Outlook Report:

"Vermont's position as a seller's market continued through 2018 with one of the largest declines in New England in time on market, down nearly 14% to an average of 103 days. At the same time, the average sales price is up nearly 4.5% to $277,334. Inventory is building with a significant increase in new construction, particularly with properties that fall within the price points that have traditionally moved faster. With more properties available, Vermont is expected to shift from a seller's market to a more balanced market giving buyer's a stronger environment in 2019. While a bubble isn't anticipated, Vermont is likely headed for a slowdown after a long run of several years with a strong real estate market."

Blog author image

John Abry

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

Latest Blog Posts

Colchester Real Estate 1st Quarter 2019

On April 1st there were only 55 homes for sale in Colchester (no fooling ;-) and only 34 of those were existing while 21 were new construction and/or to be built. Needless to say, the market is

Read More

Most Recommended Service Providers

In the real estate business, I am constantly asked for recommendations of all kinds of home services providers. From home inspectors to plumbers or attorneys to insurance agents, there are all

Read More

2018 Lake Champlain Market Review

Lakefront sales pretty much followed the trend of home sales as a whole with limited inventories keeping sales relatively flat. Meanwhile, prices saw an overall decline but, given the uniqueness of

Read More

Five Percent For The Food Shelf

05/15/19 - We're about 1/3 of the way to our goal at $1,626.00!I started "Fill The Truck For The Food Shelf in 2012 and have grown the program each year. This year with the help of the

Read More