Grand Isle County Homes Sales in 8.7% Year Over Year

This South Hero Cape home needs updating but once completed, you will have a real beauty. | MLS# 4664525

Single Family    
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$238,000 (+8.8%)$269,634 (+8%)233 (+8.7%)133 (-7.9%)145 (-13.2%)

Condo    
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$246,000 (+64%)$246,000 (+64%)1 (0%)3 (+200%)6 (-96.8%)


The largest increase in the number of home sales can be found in Grand Isle – with an 8.7% increase year over year.  However, the relatively small numbers can have a greater effect on the statistics.

Grand Isle County reports the fewest number of sales of the 4 counties included in this report at 100 single family homes and 1 condo sold year to date 2017. A steady but moderate decrease in homes available for sale and an increase in single-family sales has driven the median sale price up 8.8% to $238,000.

Grand Isle typically sees stronger sales during the summer months. 45 single home sold during the 3rd quarter which represents 45% of the total year’s sales; this pace has been consistent since 2015 while the number of homes available during the summer months has declined 10% since 2015.

The average days on the market before a home sells has dropped 22 days to 145. While this is the longest period to closing for the 4 counties in the report, it is less than 5 months. Well priced homes in good condition will be of interest to savvy buyers.