Single-Family Home Prices continue to rise in Addison County

Swim, fish and boat from this premier deep-water property in Addison! MLS# 4646221

 

Single Family    
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$255,000 (+15.9%)$268,211 (+5.86)46 (-13.2%)83 (-25.9%)186 (+33.8%)

Condo    
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$159,240 (-18.9%)$148,548 (-44.8%)5 (-28.6%)3 (+200%)61 (-50.8%)

The growth in the median and average sold price for residential property in Addison County continued into the first quarter of 2018.

The median price of single-family homes continues to rise year over year while the number of homes for sale hit a five year low. Starksboro, Vergennes, Lincoln and Middlebury lead the county in the number of sales closed – all posting healthy increases in the median sale price of single-family homes.

The number of land sales increased by 78% over the 1st quarter of 2017.