{"id":2088,"date":"2019-01-22T14:17:20","date_gmt":"2019-01-22T19:17:20","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=2088"},"modified":"2022-11-02T09:10:02","modified_gmt":"2022-11-02T13:10:02","slug":"addison-county-homes-sales-remained-stable-in-2018","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2019\/01\/addison-county-homes-sales-remained-stable-in-2018\/","title":{"rendered":"Addison County homes sales remained stable in 2018"},"content":{"rendered":"
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Enjoy the advantages of year-round lakeside living: tranquility, natural beauty, sunsets, and easy access to the water in FerrisburghMLS# 4840310<\/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
$268,500 (+3.3%)<\/td>$296,818 (+3.7%)<\/td>348 (-0.9%)<\/td>510 (-5.9%)<\/td>113 (-19.3%)<\/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
$209,000 (+7.5%)<\/td>$223,614 (-9.1%)<\/td>17 (-19.1%)<\/td>24 (+26.3%)<\/td>62 (+5.1%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

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The number of single-family homes sold in 2018 remained stable while new listed properties declined. This resulted in a slight uptick in the median sale price. Condominium<\/a> sales are minimal in this county – a total of 17 sales in 2018 \u2013 therefore statistics can be affected by a slight a change.
\n<\/strong><\/p>\n

Buyers are attracted to the relative affordability compared to neighboring Chittenden County<\/a> \u2013 along with the quaint Vermont<\/a> feel of restaurants, galleries and small shops that make up the downtowns of many of the towns in Addison County<\/a>.<\/p>\n

Topping the list of closed sales in the county were Middlebury<\/a>, Bristol<\/a>, Ferrisburgh<\/a>, Monkton<\/a> and Vergennes<\/a>. Construction in downtown Middlebury through 2019 may be a factor in the market, however Middlebury College will always be a strong draw.<\/p>\n

\"\"Sales in Vergennes increased by 18% possibly affected by a 14% increase in homes available for purchase. Starksboro<\/a> is an appealing option for home buyers with an affordable<\/a> option median price of $238,750.<\/p>\n

New Haven<\/a> posted one of the highest increases in median price \u2013 at $333,000 a 42% increase over 2017. This increase is a result of an increase in the number of units sold \u2013 which rose by 50%. Median price is defined as the sale price of the property in the middle of the roster of sold properties – therefore a jump from 10-15 units sold will push the median price up while not necessarily equating to an appreciation in overall home values.<\/p>\n

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

The number of single-family homes sold in 2018 remained stable while new listed properties declined. This resulted in a slight uptick in the median sale price. Condominium sales are minimal in this county – a total of 17 sales in 2018 \u2013 therefore statistics can be affected by a slight a change. Buyers are attracted … 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\/2088"}],"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=2088"}],"version-history":[{"count":7,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/2088\/revisions"}],"predecessor-version":[{"id":3808,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/2088\/revisions\/3808"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=2088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=2088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=2088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}