{"id":1679,"date":"2018-04-30T14:34:13","date_gmt":"2018-04-30T18:34:13","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=1679"},"modified":"2020-12-22T09:02:38","modified_gmt":"2020-12-22T14:02:38","slug":"first-quarter-2018","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2018\/04\/first-quarter-2018\/","title":{"rendered":"First Quarter 2018"},"content":{"rendered":"
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Spectacular Main house with 24′ cathedral ceiling, gracious guest house plus rustic cabin on 24 acres with mountain views & pond in Lincoln. Vermont Luxury Homes<\/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
$276,500 (+11.9%)<\/td>$294,085 (+5.7%)<\/td>348 (-2.5%)<\/td>573 (-12.52%)<\/td>117 (+6.4%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\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
$207,500 (-15.6%)<\/td>$243,270 (-13.2%)<\/td>118 (-0.8%)<\/td>178 (+12.7%)<\/td>84 (-29.4%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

Our 1st quarter market update provides an overview of the real estate activity in early 2018 throughout northwest Vermont (Addison<\/a>, Chittenden<\/a>, Franklin<\/a>, and Grand Isle<\/a> Counties). Historically, the first 3 months of the year represent the slowest period for sales. With a smaller number of sales, data within this report can be affected in a positive or negative direction without truly representing a trend in the market.
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Median prices rose for single-family homes in northwest Vermont during the first quarter with Addison<\/a> and Chittenden<\/a> Counties showing strong increases. Despite a reported decline in median price, which brought pricing back to 2016 levels, Condos still remain a popular option among purchasers looking for ease of maintenance in their home. The number of condos coming on the market increased as a result of new construction<\/a> in cities such as South Burlington<\/a> and Williston<\/a>.<\/p>\n

While the number of properties sold dropped year over year, this is a reflection of the limited inventory on the market during the end of 2017 and early 2018. Chittenden County posted an 8% increase in units sold after a weak 1st quarter in 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"

Our 1st quarter market update provides an overview of the real estate activity in early 2018 throughout northwest Vermont (Addison, Chittenden, Franklin, and Grand Isle Counties). Historically, the first 3 months of the year represent the slowest period for sales. With a smaller number of sales, data within this report can be affected in a … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1679"}],"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=1679"}],"version-history":[{"count":6,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1679\/revisions"}],"predecessor-version":[{"id":3013,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1679\/revisions\/3013"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=1679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=1679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=1679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}