{"id":1303,"date":"2017-07-21T12:06:51","date_gmt":"2017-07-21T16:06:51","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=1303"},"modified":"2022-11-01T15:59:16","modified_gmt":"2022-11-01T19:59:16","slug":"the-luxury-market-in-northwest-vermont-provides-plenty-of-options-for-buyers-2","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2017\/07\/the-luxury-market-in-northwest-vermont-provides-plenty-of-options-for-buyers-2\/","title":{"rendered":"The majority of luxury sales were away from the lake and closer to greater Burlington"},"content":{"rendered":"
Exquisite home offering 177\u2019 of sandy beach on Lake Champlain. This custom home offers a summer kitchen, serene pool, & sunset views beyond compare. MLS# 4646487<\/figcaption><\/figure>\n\n\n\n\n\t\n\n\t\n\t
Luxury Home Market<\/th><\/th><\/th>\n<\/tr>\n<\/thead>\n
Median Sale Price:<\/td>Average Sale Price:<\/td>Units Sold:<\/td>\n<\/tr>\n
$985,000 (-2.85%)<\/td>$1,095,980 (-16.3%)<\/td>13 (-13.3%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

Of the 13 properties that sold during the first half 2017, 11 are located in Chittenden County, 1 property is in Grand Isle County and 1 property is in Addison County. \u00a0 \u00a0<\/strong><\/p>\n

A Country home with mountain views, luxury condominiums, a contemporary lakefront dwelling near downtown Burlington and an antique lakefront home in Ferrisburgh are just some of the sales that closed during the first 6 months of 2017. The majority of the luxury sales were away from the lake and closer proximity to amenities offered in the greater Burlington area.<\/p>\n

With a small number of transactions, the average sold price can be dramatically affected – which is the case this year. In the first half of 2016, 4 of the 15 units closed were priced above $1.5 million; two of those closed priced over $2.0 million. In 2017, the highest priced property sold (as reported in the MLS) has been $1.395 million.<\/p>\n

With more than 105 properties for sale, the Luxury market<\/a> in Northwest Vermont provides plenty of options for buyer seeking properties in the range of $850,000 and higher. And sellers have grown more flexible in their expectations on prices and negotiations.<\/p>\n

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

Of the 13 properties that sold during the first half 2017, 11 are located in Chittenden County, 1 property is in Grand Isle County and 1 property is in Addison County. \u00a0 \u00a0 A Country home with mountain views, luxury condominiums, a contemporary lakefront dwelling near downtown Burlington and an antique lakefront home in Ferrisburgh … 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":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1303"}],"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=1303"}],"version-history":[{"count":4,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1303\/revisions"}],"predecessor-version":[{"id":3780,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1303\/revisions\/3780"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=1303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=1303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=1303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}