{"id":3318,"date":"2021-07-29T12:31:26","date_gmt":"2021-07-29T16:31:26","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=3318"},"modified":"2022-11-07T16:14:11","modified_gmt":"2022-11-07T21:14:11","slug":"luxury-home-market-results","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2021\/07\/luxury-home-market-results\/","title":{"rendered":"Luxury Home Market Results"},"content":{"rendered":"
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This custom-built home<\/a> sits on 1.35 acres with 100 feet of private sandy beach & pristine waterfront on Lake Champlain. MLS# 4872242<\/figcaption><\/figure>\n\n\n\n\n\t\n\n\t\n\t
Northwest Vermont Luxury January-June 2021<\/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
$999,000\t12.3%<\/td>$1,176,597 \t-8.5%<\/td>62\t200%<\/td>99\t47.8%<\/td>83\t-23.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\t\n\n\t\n\t
Chittenden County Luxury January-June 2021<\/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
$1,037,500\t16.7%<\/td>$1,232,467 \t-5%<\/td>44\t144.4%<\/td>75\t63%<\/td>48\t-40.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

The stunning increase in Luxury sales<\/a> across northwest Vermont<\/a> and the entire state in 2020 has continued through 2021. Driven by cash buyers from within Vermont, who desire high-end amenities, views, and additional flexible living space, plus out-of-state buyers<\/a> moving out of metro areas and closer to family \u2013 the luxury market<\/a> grew by 200%.<\/strong><\/p>\n

Luxury home sellers recognized the opportunity to right-size<\/a> their lifestyle or capitalize on their strong equity position<\/a>, taking their REALTOR<\/a>\u2019s advice and listing their homes earlier in the year. A 48% increase in new homes coming to market offered new opportunities for buyers who snapped up properties across the region – predominantly in Chittenden County<\/a>, which accounted for 81% of the area\u2019s luxury sales.<\/p>\n

Internationally, Coldwell Banker agents transact $168 million in daily luxury sales, including more than 32,000 properties sold<\/a>. Locally, our agents represented clients in 1 out of 3 luxury sales<\/a> closed in northwest Vermont so far this year. Our agents and our marketing<\/a>, including best-in-class domestic and global listing syndication and prestigious publications, are a remarkable force in the arena of high-end real estate.<\/p>\n

*For this report, Luxury homes are defined as residential properties priced $850,000 or more.<\/em><\/p>\n

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<\/h2>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
Address<\/th>Town<\/th>County<\/th>Sale Price<\/th>Date Sold<\/th>\n<\/tr>\n<\/thead>\n
25 Ministry Lane<\/td>South Hero<\/td>Grand Isle<\/td>$850,000 <\/td>2\/16\/2021<\/td>\n<\/tr>\n
38 Cliff Street<\/td>Burlington<\/td>Chittenden<\/td>$850,000 <\/td>6\/28\/2021<\/td>\n<\/tr>\n
5296 Dorset Street<\/td>Shelburne<\/td>Chittenden<\/td>$850,000 <\/td>3\/1\/2021<\/td>\n<\/tr>\n
117 Lakeview Terrace<\/td>Burlington<\/td>Chittenden<\/td>$870,000 <\/td>3\/19\/2021<\/td>\n<\/tr>\n
217 Heather Lane<\/td>Shelburne<\/td>Chittenden<\/td>$875,000 <\/td>3\/16\/2021<\/td>\n<\/tr>\n
550 South Bay Circle<\/td>Colchester<\/td>Chittenden<\/td>$875,000 <\/td>5\/14\/2021<\/td>\n<\/tr>\n
76 St. Paul Street<\/td>Burlington<\/td>Chittenden<\/td>$875,000 <\/td>6\/14\/2021<\/td>\n<\/tr>\n
1740 Hooker Road<\/td>Leicester<\/td>Addison<\/td>$875,000 <\/td>5\/14\/2021<\/td>\n<\/tr>\n
1 Valley Watch Road<\/td>St. Albans Town<\/td>Franklin<\/td>$880,000 <\/td>1\/29\/2021<\/td>\n<\/tr>\n
657 South Prospect Street<\/td>Burlington<\/td>Chittenden<\/td>$880,000 <\/td>6\/1\/2021<\/td>\n<\/tr>\n
19 Harbor Watch Road<\/td>Burlington<\/td>Chittenden<\/td>$885,000 <\/td>1\/29\/2021<\/td>\n<\/tr>\n
21 Chipman Street<\/td>South Burlington<\/td>Chittenden<\/td>$890,530 <\/td>4\/30\/2021<\/td>\n<\/tr>\n
74 Bixby Hill Road<\/td>Essex<\/td>Chittenden<\/td>$895,000 <\/td>3\/18\/2021<\/td>\n<\/tr>\n
40 College Street<\/td>Burlington<\/td>Chittenden<\/td>$895,000 <\/td>3\/24\/2021<\/td>\n<\/tr>\n
1075 Grandey Road<\/td>Addison<\/td>Addison<\/td>$895,000 <\/td>6\/18\/2021<\/td>\n<\/tr>\n
404 Ridgefield Road<\/td>Shelburne<\/td>Chittenden<\/td>$895,556 <\/td>4\/23\/2021<\/td>\n<\/tr>\n
42 Irish Farm Road<\/td>South Burlington<\/td>Chittenden<\/td>$899,000 <\/td>6\/1\/2021<\/td>\n<\/tr>\n
276 Sherwood Forest Road<\/td>Williston<\/td>Chittenden<\/td>$900,000 <\/td>5\/25\/2021<\/td>\n<\/tr>\n
1222 Church Hill Road<\/td>Charlotte<\/td>Chittenden<\/td>$900,000 <\/td>6\/30\/2021<\/td>\n<\/tr>\n
800 Maquam Shore Road<\/td>St. Albans Town<\/td>Franklin<\/td>$905,000 <\/td>1\/29\/2021<\/td>\n<\/tr>\n
84 Deforest Heights<\/td>Burlington<\/td>Chittenden<\/td>$908,000 <\/td>6\/7\/2021<\/td>\n<\/tr>\n
391 Southwind Road<\/td>Hinesburg<\/td>Chittenden<\/td>$915,000 <\/td>6\/4\/2021<\/td>\n<\/tr>\n
102 Adams Street<\/td>Burlington<\/td>Chittenden<\/td>$925,000 <\/td>5\/28\/2021<\/td>\n<\/tr>\n
137 Ledge Road<\/td>Burlington<\/td>Chittenden<\/td>$955,000 <\/td>5\/14\/2021<\/td>\n<\/tr>\n
47 Four Winds Lane<\/td>North Hero<\/td>Grand Isle<\/td>$960,000 <\/td>6\/7\/2021<\/td>\n<\/tr>\n
55 Cliff Street<\/td>Burlington<\/td>Chittenden<\/td>$965,000 <\/td>6\/17\/2021<\/td>\n<\/tr>\n
548 Ridgefield Road<\/td>Shelburne<\/td>Chittenden<\/td>$974,000 <\/td>6\/1\/2021<\/td>\n<\/tr>\n
2493 Lake Street<\/td>Addison<\/td>Addison<\/td>$975,000 <\/td>5\/11\/2021<\/td>\n<\/tr>\n
410 Golf Course Road<\/td>South Burlington<\/td>Chittenden<\/td>$985,000 <\/td>2\/10\/2021<\/td>\n<\/tr>\n
72 Porters Point Court<\/td>Colchester<\/td>Chittenden<\/td>$987,500 <\/td>6\/1\/2021<\/td>\n<\/tr>\n
349 Morgan Drive<\/td>Shelburne<\/td>Chittenden<\/td>$995,000 <\/td>6\/21\/2021<\/td>\n<\/tr>\n
3416 Harbor Road<\/td>Shelburne<\/td>Chittenden<\/td>$995,000 <\/td>5\/21\/2021<\/td>\n<\/tr>\n
300 Martel Lane<\/td>St. George<\/td>Chittenden<\/td>$999,000 <\/td>4\/30\/2021<\/td>\n<\/tr>\n
1263 Church Hill Road<\/td>Charlotte<\/td>Chittenden<\/td>$999,000 <\/td>6\/18\/2021<\/td>\n<\/tr>\n
373 Maeck Farm Road<\/td>Shelburne<\/td>Chittenden<\/td>$1,025,000 <\/td>5\/26\/2021<\/td>\n<\/tr>\n
273 West Shore Road<\/td>South Hero<\/td>Grand Isle<\/td>$1,050,000 <\/td>4\/29\/2021<\/td>\n<\/tr>\n
40 College Street<\/td>Burlington<\/td>Chittenden<\/td>$1,050,000 <\/td>2\/26\/2021<\/td>\n<\/tr>\n
58 Featherbed Lane<\/td>South Hero<\/td>Grand Isle<\/td>$1,051,000 <\/td>6\/10\/2021<\/td>\n<\/tr>\n
1721 Marble Island Road<\/td>Colchester<\/td>Chittenden<\/td>$1,100,000 <\/td>6\/4\/2021<\/td>\n<\/tr>\n
158 Westview Drive<\/td>Shelburne<\/td>Chittenden<\/td>$1,100,000 <\/td>6\/30\/2021<\/td>\n<\/tr>\n
6 Summit Ridge<\/td>Burlington<\/td>Chittenden<\/td>$1,100,000 <\/td>6\/7\/2021<\/td>\n<\/tr>\n
1490 Arnold Bay Road<\/td>Panton<\/td>Addison<\/td>$1,100,000 <\/td>6\/11\/2021<\/td>\n<\/tr>\n
48 Henderson Terrace<\/td>Burlington<\/td>Chittenden<\/td>$1,145,000 <\/td>6\/1\/2021<\/td>\n<\/tr>\n
339 Golf Course Road<\/td>South Burlington<\/td>Chittenden<\/td>$1,150,000 <\/td>4\/14\/2021<\/td>\n<\/tr>\n
140 South Ridge Road<\/td>Shelburne<\/td>Chittenden<\/td>$1,165,000 <\/td>1\/5\/2021<\/td>\n<\/tr>\n
87 Pinecrest Drive<\/td>Essex<\/td>Chittenden<\/td>$1,175,000 <\/td>6\/30\/2021<\/td>\n<\/tr>\n
142 Acorn Lane<\/td>Shelburne<\/td>Chittenden<\/td>$1,195,000 <\/td>6\/11\/2021<\/td>\n<\/tr>\n
311 Autumn Hill Lane<\/td>Shelburne<\/td>Chittenden<\/td>$1,200,000 <\/td>4\/16\/2021<\/td>\n<\/tr>\n
166 Sutton Farm Drive<\/td>Williston<\/td>Chittenden<\/td>$1,210,000 <\/td>1\/19\/2021<\/td>\n<\/tr>\n
294 Elm Point Road<\/td>Addison<\/td>Addison<\/td>$1,225,000 <\/td>5\/28\/2021<\/td>\n<\/tr>\n
81 Gardenside Lane<\/td>Shelburne<\/td>Chittenden<\/td>$1,232,500 <\/td>4\/30\/2021<\/td>\n<\/tr>\n
301 Appletree Point Road<\/td>Burlington<\/td>Chittenden<\/td>$1,250,000 <\/td>5\/7\/2021<\/td>\n<\/tr>\n
2952 Greenbush Road<\/td>Charlotte<\/td>Chittenden<\/td>$1,250,000 <\/td>4\/28\/2021<\/td>\n<\/tr>\n
1209 Cider Mill Road<\/td>Cornwall<\/td>Addison<\/td>$1,250,000 <\/td>1\/28\/2021<\/td>\n<\/tr>\n
51 Depot Road<\/td>Colchester<\/td>Chittenden<\/td>$1,325,000 <\/td>4\/27\/2021<\/td>\n<\/tr>\n
62 Overlake Park<\/td>Burlington<\/td>Chittenden<\/td>$1,415,000 <\/td>4\/15\/2021<\/td>\n<\/tr>\n
1348 Irish Hill Road<\/td>Shelburne<\/td>Chittenden<\/td>$1,575,000 <\/td>5\/3\/2021<\/td>\n<\/tr>\n
1505 Dorset Street<\/td>South Burlington<\/td>Chittenden<\/td>$1,575,000 <\/td>5\/28\/2021<\/td>\n<\/tr>\n
931 Red Rock Road<\/td>Colchester<\/td>Chittenden<\/td>$2,209,000 <\/td>5\/27\/2021<\/td>\n<\/tr>\n
175 McGuire Pent Road<\/td>Charlotte<\/td>Chittenden<\/td>$2,375,000 <\/td>4\/22\/2021<\/td>\n<\/tr>\n
3685 Harbor Road<\/td>Shelburne<\/td>Chittenden<\/td>$3,090,000 <\/td>2\/11\/2021<\/td>\n<\/tr>\n
11 Driftwood Lane<\/td>Burlington<\/td>Chittenden<\/td>$3,750,000 <\/td>6\/30\/2021<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

The stunning increase in Luxury sales across northwest Vermont and the entire state in 2020 has continued through 2021. Driven by cash buyers from within Vermont, who desire high-end amenities, views, and additional flexible living space, plus out-of-state buyers moving out of metro areas and closer to family \u2013 the luxury market grew by 200%. … 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\/3318"}],"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=3318"}],"version-history":[{"count":6,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/3318\/revisions"}],"predecessor-version":[{"id":3891,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/3318\/revisions\/3891"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=3318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=3318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=3318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}