{"id":1443,"date":"2017-10-30T13:41:57","date_gmt":"2017-10-30T17:41:57","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=1443"},"modified":"2022-11-06T10:56:29","modified_gmt":"2022-11-06T15:56:29","slug":"the-sale-of-luxury-homes-has-increased-35-over-2016","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2017\/10\/the-sale-of-luxury-homes-has-increased-35-over-2016\/","title":{"rendered":"The Sale of Luxury Homes has Increased 35% Over 2016"},"content":{"rendered":"
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Catering to every desire, this custom-built home in Colchester has it all! | 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
$1,075,000 (-1%)<\/td>$1,282,935 (-1%)<\/td>27 (+35%)<\/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<\/a>, 1 property is in Grand Isle County<\/a> and 1 property is in Addison County. \u00a0 \u00a0<\/strong><\/p>\n

A country home with mountain views, luxury condominiums<\/a>, a contemporary lakefront<\/a> dwelling near downtown Burlington<\/a> 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\u00a0closer\u00a0proximity 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 were 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\u00a0Luxury market<\/a> in Northwest Vermont provides plenty of options for\u00a0buyers 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","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\/1443"}],"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=1443"}],"version-history":[{"count":4,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1443\/revisions"}],"predecessor-version":[{"id":3870,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1443\/revisions\/3870"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=1443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=1443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=1443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}