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
2018 Vermont Home Sales Best In New England
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."
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....