{"id":131,"date":"2015-04-21T14:40:37","date_gmt":"2015-04-21T18:40:37","guid":{"rendered":"http:\/\/www.hickokandboardman.com\/vermont-market-report-new\/?p=131"},"modified":"2018-07-24T10:26:05","modified_gmt":"2018-07-24T14:26:05","slug":"island-activity-slows","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2015\/04\/island-activity-slows\/","title":{"rendered":"Activity in the Islands Slows"},"content":{"rendered":"

\"grandisle\"\n\n\n\n\t\n\n\t\n\t\n\t\n\t
MARKET INSIGHTS<\/th>\n<\/tr>\n<\/thead>\n
Median Sale Price:<\/td>$144,000<\/td>\n<\/tr>\n
Units Sold:<\/td>16 (-5.9%)<\/td>\n<\/tr>\n
Newly Listed:<\/td>51 (-12.1%)<\/td>\n<\/tr>\n
Days on Market<\/td>211<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n With below-normal temperatures hitting Vermont this winter, home buying activity in Grand Isle slowed to below typical levels. Sales of luxury homes also slowed to a standstill, given that most high-end buyers prefer to look at the county\u2019s waterfront properties in balmier weather. That shifted the mix of home sales to lower-priced singlefamily homes, which comprise the bulk of the county\u2019s residential market. The median sale price for residential properties slipped 41.2% in the first three months of the year, although that includes one low-priced mobile home sale. Excluding that transaction, single-family homes saw their median sale price slip 25.3% to $183,000. Because Grand Isle is the smallest real estate market by volume in Northwest Vermont, a shift in only a few transactions can have a large impact in overall sales and pricing trends.<\/p>\n

The county has recorded two land sales in the first quarter, or little changed from the three land sales recorded a year earlier. The median sale price slipped 61% to $50,000.<\/p>\n

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

With below-normal temperatures hitting Vermont this winter, home buying activity in Grand Isle slowed to below typical levels. Sales of luxury homes also slowed to a standstill, given that most high-end buyers prefer to look at the county\u2019s waterfront properties in balmier weather. That shifted the mix of home sales to lower-priced singlefamily homes, which … 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":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/131"}],"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=131"}],"version-history":[{"count":15,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/131\/revisions"}],"predecessor-version":[{"id":1527,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/131\/revisions\/1527"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}