{"id":1970,"date":"2018-10-22T15:18:25","date_gmt":"2018-10-22T19:18:25","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=1970"},"modified":"2020-12-22T08:57:57","modified_gmt":"2020-12-22T13:57:57","slug":"2018-fall-market-report","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2018\/10\/2018-fall-market-report\/","title":{"rendered":"2018 Fall Market Report"},"content":{"rendered":"<figure id=\"attachment_1971\" aria-describedby=\"caption-attachment-1971\" style=\"width: 1014px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1971 size-large\" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/10\/Vermont-Real-Estate-Market-Report-Fall-2018-1024x353.jpg\" alt=\"Vermont Fall Real EstateMarket Report 2018\" width=\"1024\" height=\"353\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/10\/Vermont-Real-Estate-Market-Report-Fall-2018-1024x353.jpg 1024w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/10\/Vermont-Real-Estate-Market-Report-Fall-2018-300x103.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/10\/Vermont-Real-Estate-Market-Report-Fall-2018-768x265.jpg 768w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2018\/10\/Vermont-Real-Estate-Market-Report-Fall-2018.jpg 1596w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-1971\" class=\"wp-caption-text\">This custom home nestled on 10 private acres, in Hinesburg, is thoughtfully designed to showcase sweeping mountain views and a seasonal view of Lake Iroquois. <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/chittenden-county\/hinesburg-real-estate.html\">Homes for Sale in Hinesburg<\/a><\/figcaption><\/figure>\n<p><em>\u00a0<\/em><\/p>\n\n<table id=\"tablepress-148\" class=\"tablepress tablepress-id-148 tablepress-responsive tablepress-responsive-phone\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><\/th><th class=\"column-2\">Median Sale Price<\/th><th class=\"column-3\">Average Sale Price<\/th><th class=\"column-4\">Units Sold<\/th><th class=\"column-5\">Newly Listed<\/th><th class=\"column-6\">Days on Market<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Single-Family<\/td><td class=\"column-2\">  $289,950   (5.4%)<\/td><td class=\"column-3\"> $322,081   (3.5%)<\/td><td class=\"column-4\">1,726   (0.8%)<\/td><td class=\"column-5\">2,654   (-1.2%)<\/td><td class=\"column-6\">89   (-8.3%)<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Condos<\/td><td class=\"column-2\"> $226,000   (-1.3%)<\/td><td class=\"column-3\"> $256,243   (-0.7%)<\/td><td class=\"column-4\">561   (7.7%)<\/td><td class=\"column-5\"> 744   (13.1%)<\/td><td class=\"column-6\">70   (-21.4%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-148 from cache -->\n<p><strong>Leaves fall from the trees, boats come out of the lakes, and hunters head for the woods. Welcome to fall in northwest Vermont, and welcome to our Fall 2018 Market Report, January \u2013 September 2018.<br \/>\n<\/strong><\/p>\n<p>Each quarter, we combine the Multiple Listing Service (MLS) data with the expertise of our agents to offer a recap of real estate activity and trends in the 4 counties of <a href=\"https:\/\/www.hickokandboardman.com\/vermont-property-search-results\/quick.html\">northwest Vermont<\/a>: <a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/addison-county\/\">Addison<\/a>, <a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/chittenden-county\/\">Chittenden<\/a>, <a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/franklin-county\/\">Franklin<\/a>, and <a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/grand-isle-county\/\">Grand Isle<\/a>.<\/p>\n<p><a href=\"https:\/\/www.hickokandboardman.com\/realtors.html\">Our skilled REALTORS<\/a> can help you with more specific price points in certain cities and towns. Given our market leading position, we are committed to providing unparalleled service to our clients.<\/p>\n<p>The data through the end of the 3rd quarter is significant in that it includes closed sales for the busiest segment of the year. Traditionally, the \u201cheight of the market\u201d is considered late spring through summer. The ongoing story in the national and regional market is the contraction of inventory for sale, so it is remarkable that closed sales through the 3rd quarter faired as well as they did. Closed sales of Single-Family homes remain flat across the region while sales of condos, <a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/land\/\">land<\/a> and <a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/multi-family\/\">multi-family<\/a> properties show healthy increases over the same period last year. The median price of sold, single family homes continues to rise while prices of <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/special-markets\/multi-family-homes-sale.html\">Multi-Famil<\/a>y homes surged as investors clamor for properties in a tight market.<\/p>\n<p>With mortgage interest rates increasing recently \u2013 and additional increases expected, sellers and buyers would be wise to stay in the market during the 4th quarter of 2018 and 1st quarter of 2019, while properties may be in the most demand and at their most affordable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Leaves fall from the trees, boats come out of the lakes, and hunters head for the woods. Welcome to fall in northwest Vermont, and welcome to our Fall 2018 Market Report, January \u2013 September 2018. Each quarter, we combine the Multiple Listing Service (MLS) data with the expertise of our agents to offer a &#8230; <a class=\"read-more\" href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2018\/10\/2018-fall-market-report\/\">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":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1970"}],"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=1970"}],"version-history":[{"count":10,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1970\/revisions"}],"predecessor-version":[{"id":3012,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1970\/revisions\/3012"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=1970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=1970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=1970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}