{"id":1886,"date":"2018-07-23T14:37:45","date_gmt":"2018-07-23T18:37:45","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=1886"},"modified":"2020-12-22T09:06:10","modified_gmt":"2020-12-22T14:06:10","slug":"luxury-sales-up-over-30-over-2017-at-the-mid-year-point","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2018\/07\/luxury-sales-up-over-30-over-2017-at-the-mid-year-point\/","title":{"rendered":"Luxury Sales Up over 30% over 2017 at the Mid-Year Point"},"content":{"rendered":"<figure id=\"attachment_1887\" aria-describedby=\"caption-attachment-1887\" style=\"width: 1586px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1887 size-full\" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/vermont-luxury-market-report-2018.jpg\" alt=\"\" width=\"1596\" height=\"550\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/vermont-luxury-market-report-2018.jpg 1596w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/vermont-luxury-market-report-2018-300x103.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/vermont-luxury-market-report-2018-768x265.jpg 768w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/vermont-luxury-market-report-2018-1024x353.jpg 1024w\" sizes=\"(max-width: 1596px) 100vw, 1596px\" \/><figcaption id=\"caption-attachment-1887\" class=\"wp-caption-text\">Live in downtown Burlington with spectacular waterfront views, and keep your boat at the new Burlington Harbor Marina. <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/special-markets\/burlington-luxury-home.html\">Burlington Luxury Homes<\/a><\/figcaption><\/figure>\n\n<table id=\"tablepress-140\" class=\"tablepress tablepress-id-140 market_averages tablepress-responsive\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Luxury Homes<\/th><th class=\"column-2\"><\/th><th class=\"column-3\"><\/th><th class=\"column-4\"><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Median Sale Price:<\/td><td class=\"column-2\">Average Sale Price:<\/td><td class=\"column-3\">Units Sold:<\/td><td class=\"column-4\">Days on Market:<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">$1,004,000 (+1.9%)<\/td><td class=\"column-2\">$1,085,797 (-0.9%)<\/td><td class=\"column-3\">17 (+30.8%)<\/td><td class=\"column-4\">225<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-140 from cache -->\n<p><iframe loading=\"lazy\" style=\"padding: 10px;\" src=\"https:\/\/www.youtube.com\/embed\/jqnIe-X6bic\" width=\"560\" height=\"315\" frameborder=\"0\" align=\"left\" allowfullscreen=\"allowfullscreen\"><\/iframe><strong>Buyer interest continues to improve in the <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/special-markets\/vermont-luxury-homes.html\">Luxury<\/a>* market across northwest Vermont. <\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1888 \" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sales.jpg\" alt=\"\" width=\"451\" height=\"313\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sales.jpg 1507w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sales-300x208.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sales-768x534.jpg 768w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sales-1024x711.jpg 1024w\" sizes=\"(max-width: 451px) 100vw, 451px\" \/><\/p>\n<p>17 properties closed during the first half of 2018 with 65% (or 11 homes) closing during the 2nd quarter. New listings are generating multiple showings and, in some cases, multiple offers. <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/special-markets\/homes-sale-lake-champlain.html\">Lakefront properties<\/a> have sold in all four counties \u2013 including <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/franklin-county.html\">Franklin County<\/a> which has recorded 2 luxury sales in more than 3 years. Filling out the buyer demand are properties away from the lake with <a href=\"https:\/\/www.hickokandboardman.com\/vermont-property-search-results\/vermont-new-construction-real-estate.html\">newer construction<\/a> and amenities, privacy and views along with proximity to the <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/special-markets\/greater-burlington-vermont-real-estate.html\">greater Burlington area<\/a> employers. The \u201cdays on market\u201d \u2013 or the number of days from listing to closing &#8211; fluctuates wildly with a small data sampling. A number of the properties that sold during the 1st six months of the year were on the market for well below the 225 days in this report. With 106 properties available for purchase, buyers have many options when seeking a home in the range of $850,000 and higher.<\/p>\n<p>* The Luxury market is defined as properties selling for $850,000 &amp; above.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-1889 \" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sold-2018.jpg\" alt=\"\" width=\"1153\" height=\"747\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sold-2018.jpg 1910w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sold-2018-300x195.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sold-2018-768x498.jpg 768w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/07\/Vermont-luxury-homes-sold-2018-1024x664.jpg 1024w\" sizes=\"(max-width: 1153px) 100vw, 1153px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buyer interest continues to improve in the Luxury* market across northwest Vermont. 17 properties closed during the first half of 2018 with 65% (or 11 homes) closing during the 2nd quarter. New listings are generating multiple showings and, in some cases, multiple offers. Lakefront properties have sold in all four counties \u2013 including Franklin County &#8230; <a class=\"read-more\" href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2018\/07\/luxury-sales-up-over-30-over-2017-at-the-mid-year-point\/\">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\/1886"}],"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=1886"}],"version-history":[{"count":6,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1886\/revisions"}],"predecessor-version":[{"id":3016,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1886\/revisions\/3016"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=1886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=1886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=1886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}