{"id":1286,"date":"2017-07-21T12:07:59","date_gmt":"2017-07-21T16:07:59","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=1286"},"modified":"2017-07-24T14:16:22","modified_gmt":"2017-07-24T18:16:22","slug":"franklin-county-offers-buyers-the-lowest-median-sale-price-in-northwest-vermont","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2017\/07\/franklin-county-offers-buyers-the-lowest-median-sale-price-in-northwest-vermont\/","title":{"rendered":"Franklin County offers Buyers the lowest median sale price in Northwest Vermont"},"content":{"rendered":"
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Built in 1830 on 5 acres with rolling mountain views this home boasts 6 bedrooms, 3 fireplaces & 3 wood stoves | MLS# 4642075<\/a><\/figcaption><\/figure>\n

\n\n\n\n\t\n\n\t\n\t
Single Family<\/th><\/th><\/th><\/th><\/th>\n<\/tr>\n<\/thead>\n
Median Sale Price:<\/td>Average Sale Price:<\/td>Units Sold:<\/td>Newly Listed:<\/td>Days on Market:<\/td>\n<\/tr>\n
$200,000 (-2.68%)<\/td>$207,617 (+2.16%)<\/td>220 (-17.91%)<\/td>420 (-9.87%)<\/td>118 (+18%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n\n\n\n\n\t\n\n\t\n\t
Condo<\/th><\/th><\/th><\/th><\/th>\n<\/tr>\n<\/thead>\n
Median Sale Price:<\/td>Average Sale Price:<\/td>Units Sold:<\/td>Newly Listed:<\/td>Days on Market:<\/td>\n<\/tr>\n
$206,750 (+8.39%)<\/td>$214,419 (+14.65%)<\/td>22 (+37.5%)<\/td>32 (-17.95%)<\/td>135 (-33.5%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n

\"\"With a surge in home sales during 2016, the decline in single family homes sales in 2017 may be viewed as a \u201cnormalizing\u201d of the market versus a decrease in buyer interest. Sales are still up over 2015 and prior years.\u00a0<\/strong><\/p>\n

Because Franklin County<\/a> has the lowest median sale price in Northwest Vermont, with many cities or towns easily accessible from I-89 – homebuyers<\/a> have been turning to the county over the past 2 years as they seek available inventory and more home for their money.<\/p>\n

The construction of condominiums, particularly in St. Albans Town<\/a>, Swanton<\/a>, and Fairfax<\/a>, has given buyers additional choices to own a newly built home. For the first time, the median and average sale price of condominiums surpassed that of single family homes in Franklin County.<\/p>\n

The median price of condominiums reflects the costs of brand new product often with upgrades and features desired by today\u2019s consumer.<\/p>\n

The pace of the market is reflected in the \u201cDays on the Market until Sale\u201d which shows that it will take approximately 4 months from listing to close for the average home. Sellers and Buyers alike need to be prepared to act when they decide to enter the real estate market.<\/p>\n

<\/p>\n

<\/h3>\n
\n","protected":false},"excerpt":{"rendered":"

With a surge in home sales during 2016, the decline in single family homes sales in 2017 may be viewed as a \u201cnormalizing\u201d of the market versus a decrease in buyer interest. Sales are still up over 2015 and prior years.\u00a0 Because Franklin County has the lowest median sale price in Northwest Vermont, with many … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1286"}],"collection":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/comments?post=1286"}],"version-history":[{"count":3,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1286\/revisions"}],"predecessor-version":[{"id":1337,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1286\/revisions\/1337"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=1286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=1286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=1286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}