Grand Isle Homes Sales Rebounded in 2019

Remarkable 4 Bedroom Champlain Waterfront property with a 5 bedroom Guest House in Grand Isle!  MLS# 4745887
Single Family    
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$269,900 +10.2% $315,690 -7.7%149 +12.0%226 -12.7%131 -22.5%
Condos    
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$278,500 +8.0% $278,500 +7.5%2 +100%2 +100%67 -14.1%

The number of homes sold throughout Grand Isle County rebounded in 2019 after a decline in 2018. The natural confines of the islands geography coupled with development and permitting restrictions naturally limits growth in the county. With the smallest number of sales and inventory available throughout the 4 counties in this report, Grand Isle County statistics can vary widely from season to season. 

5 home sales, over $850,000, are included in the Luxury section of the report. This is down from 10 sales in 2018 which undoubtedly affected the average sale price in the county.

Savvy buyers seek the county’s access to Lake Champlain, Interstate 89 – and substantially lower property taxes than luxury, lakefront homes to the south.

Single-Family HomesMEDIAN SALE PRICEVS 2018UNITS SOLDVS 2018NEWLY LISTEDVS 2018DAYS ON MARKET
Grand Isle County$269,900 10.20%14912.00%226-12.70%131
Alburgh$155,500 -6.60%4011.10%74-7.50%129
Grand Isle$283,750 15.10%4210.50%47-13.00%148
Isle La Motte$235,000 5.90%950.00%254.20%154
North Hero$279,900 6.70%3129.20%46-24.60%83
South Hero$380,000 5.60%27-6.90%34-15.00%157