{"id":1606,"date":"2018-02-06T12:31:27","date_gmt":"2018-02-06T17:31:27","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=1606"},"modified":"2022-11-06T11:10:10","modified_gmt":"2022-11-06T16:10:10","slug":"addison-county-is-a-bright-spot-in-our-2018-market-report","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2018\/02\/addison-county-is-a-bright-spot-in-our-2018-market-report\/","title":{"rendered":"Addison County is a bright spot in our 2018 Market Report"},"content":{"rendered":"
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Unique property in the Green Mountain National Forest Range boasting privacy and abounding nature. | MLS# 4671361<\/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
$260,000 (+7.2%)<\/td>$286,683 (+8.0%)<\/td>351 (+9.7%)<\/td>540 (-0.6%)<\/td>140 (-4.1%)<\/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
$194,500 (+5.7%)<\/td>$246,040 (+14.8%)<\/td>21 (+10.5%)<\/td>19 (-34.5%)<\/td>59 (-19.2%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n

\"\"<\/a><\/p>\n

Addison County<\/a> is a bright spot in our 2018 Market Report, with healthy increases in median sales prices (up 7%) and average sales prices (up 8%) of single-family homes. <\/strong><\/p>\n

The median and average sales prices of condos<\/a> are up 6 and 7%, respectively. Inventory is moving quickly, too: Days on the market \u2014 from listing to closing \u2014 for single-family homes dropped by 4%, and dropped 20% for condos. New listings decreased in both categories.<\/p>\n

Middlebury<\/a>, Addison County\u2019s largest town, saw a 66% rise in single-family home sales over 2016. With a strong increase in buyer demand, and a 7% dip in new listings, the median sale price of a Middlebury home jumped by nearly 13% to $265,000. Monkton<\/a> and Bristol<\/a> also had healthy increases in sales and median pricing, as buyers search for a quality of life and reasonable commuting distance to the greater Burlington area<\/a>.<\/p>\n

Land sales were strong in Addison County,<\/a> too \u2014 up 37% from 2016, with 184 new land listings<\/a> on the market.<\/p>\n

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

Addison County is a bright spot in our 2018 Market Report, with healthy increases in median sales prices (up 7%) and average sales prices (up 8%) of single-family homes. The median and average sales prices of condos are up 6 and 7%, respectively. Inventory is moving quickly, too: Days on the market \u2014 from listing … 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":[11],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1606"}],"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=1606"}],"version-history":[{"count":10,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1606\/revisions"}],"predecessor-version":[{"id":3875,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1606\/revisions\/3875"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=1606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=1606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=1606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}