{"id":3663,"date":"2022-07-22T09:33:55","date_gmt":"2022-07-22T13:33:55","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=3663"},"modified":"2022-11-02T09:15:55","modified_gmt":"2022-11-02T13:15:55","slug":"addison-county-market-results-6","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2022\/07\/addison-county-market-results-6\/","title":{"rendered":"Addison County Market Results"},"content":{"rendered":"
\"Year
239 Shore Road Ferrisburgh, VT ~ Year-Round Lake Shore Cottage in the Long Point Community. The 3 bedroom, 1 bath cottage with dramatic cathedral ceilings & exposed beams, the open concept kitchen\/living room is bright & spacious, with great mountain & lake views.<\/figcaption><\/figure>\n\n\n\n\n\t\n\n\t\n\t
Single-Family January-June 2022<\/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
$375,000 \t+13.6%<\/td> $431,529 \t+12.9%<\/td>135\t-30.8%<\/td>191\t-21.4%<\/td>34\t-60.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\t\n\n\t\n\t
Condo January-June 2022<\/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
$302,001 \t+21.3%<\/td> $314,817 \t+0.5%<\/td>9\t-40.0%<\/td>6\t-50.0%<\/td>26\t-46.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

While Addison County<\/a> felt a substantial downturn in sales throughout the first half of 2022, it\u2019s important to note that 2021 represented historically high sales. Single family home<\/a> sales declined 30% to 135 properties sold, and limited condominium units available<\/a> limited transactions to 9, 40% less than in 2021. New inventory was soft, reflecting a 21.4% decline in single-family homes listed. Despite limited sales, prices appreciated by over 13.6%. Addison County was the beneficiary of interest from out-of-state buyers during the past two years as buyers sought more tranquil areas. The combination of charming towns like Vergennes<\/a>, Bristol<\/a>, and Middlebury<\/a> surrounded by ample recreational, agricultural<\/a>, and lakeshore property<\/a> makes the region a desirable primary and second home market.<\/strong><\/p>\n

\"Addison<\/p>\n

\"Addison<\/p>\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
<\/th>MEDIAN SALE PRICE<\/th>VS 2021<\/th>UNITS SOLD<\/th>VS 2021<\/th>NEWLY LISTED<\/th>VS 2021<\/th>Average DAYS ON MARKET<\/th>\n<\/tr>\n<\/thead>\n
Addison County Single-Family<\/a><\/td>$375,000 <\/td>13.6%<\/td>$135<\/td>-30.8%<\/td>$191<\/td>-21.4%<\/td>34<\/td>\n<\/tr>\n
Addison<\/a>
\n<\/td>		$495,000 <\/td>-39.8%<\/td>7<\/td>16.7%<\/td>12<\/td>33.3%<\/td>27<\/td>\n<\/tr>\n
Bridport<\/a>
\n<\/td>		$339,500 <\/td>42.5%<\/td>6<\/td>-40.0%<\/td>6<\/td>-45.5%<\/td>14<\/td>\n<\/tr>\n
Bristol<\/a>
\n<\/td>		$352,500 <\/td>13.7%<\/td>14<\/td>-26.3%<\/td>18<\/td>0.0%<\/td>22<\/td>\n<\/tr>\n
Cornwall<\/a>
\n<\/td>		$550,000 <\/td>4.4%<\/td>1<\/td>-87.5%<\/td>7<\/td>0.0%<\/td>6<\/td>\n<\/tr>\n
Ferrisburgh<\/a>
\n<\/td>		$493,500 <\/td>45.4%<\/td>14<\/td>-22.2%<\/td>17<\/td>21.4%<\/td>19<\/td>\n<\/tr>\n
Goshen<\/a>
\n<\/td>		$369,750 <\/td>73.7%<\/td>2<\/td>-33.3%<\/td>2<\/td>0.0%<\/td>106<\/td>\n<\/tr>\n
Granville<\/a>
\n<\/td>		$338,750 <\/td>125.8%<\/td>2<\/td>-33.3%<\/td>1<\/td>-83.3%<\/td>100<\/td>\n<\/tr>\n
Hancock<\/a>
\n<\/td>		$262,500 <\/td>118.8%<\/td>2<\/td>0.0%<\/td>2<\/td>-33.3%<\/td>6<\/td>\n<\/tr>\n
Leicester<\/a>
\n<\/td>		$240,000 <\/td>-15.3%<\/td>4<\/td>-50.0%<\/td>12<\/td>-14.3%<\/td>5<\/td>\n<\/tr>\n
Lincoln<\/a>
\n<\/td>		$417,500 <\/td>54.6%<\/td>5<\/td>0.0%<\/td>8<\/td>0.0%<\/td>107<\/td>\n<\/tr>\n
Middlebury<\/a>
\n<\/td>		$372,500 <\/td>-12.2%<\/td>20<\/td>-23.1%<\/td>30<\/td>-21.1%<\/td>26<\/td>\n<\/tr>\n
Monkton<\/a>
\n<\/td>		$409,000 <\/td>-2.6%<\/td>9<\/td>-30.8%<\/td>14<\/td>0.0%<\/td>52<\/td>\n<\/tr>\n
New Haven<\/a>
\n<\/td>		$455,000 <\/td>-4.2%<\/td>5<\/td>-37.5%<\/td>6<\/td>-57.1%<\/td>5<\/td>\n<\/tr>\n
Orwell<\/a>
\n<\/td>		$451,250 <\/td>37.7%<\/td>6<\/td>-40.0%<\/td>8<\/td>-46.7%<\/td>58<\/td>\n<\/tr>\n
Panton<\/a>
\n<\/td>		$310,000 <\/td>-25.0%<\/td>5<\/td>25.0%<\/td>8<\/td>60.0%<\/td>14<\/td>\n<\/tr>\n
Ripton<\/a>
\n<\/td>		-<\/td>0.0%<\/td>-<\/td>0.0%<\/td>1<\/td>-75.0%<\/td>-<\/td>\n<\/tr>\n
Salisbury<\/a>
\n<\/td>		$303,500 <\/td>10.4%<\/td>6<\/td>-33.3%<\/td>5<\/td>-37.5%<\/td>27<\/td>\n<\/tr>\n
Shoreham<\/a>
\n<\/td>		$447,000 <\/td>33.4%<\/td>2<\/td>-66.7%<\/td>3<\/td>-70.0%<\/td>37<\/td>\n<\/tr>\n
Starksboro<\/a>
\n<\/td>		$249,000 <\/td>-7.8%<\/td>6<\/td>-14.3%<\/td>5<\/td>-44.4%<\/td>60<\/td>\n<\/tr>\n
Vergennes<\/a>
\n<\/td>		$345,000 <\/td>34.0%<\/td>11<\/td>-8.3%<\/td>14<\/td>-26.3%<\/td>28<\/td>\n<\/tr>\n
Waltham<\/a>
\n<\/td>		-<\/td>0.0%<\/td>-<\/td>0.0%<\/td>1<\/td>-66.7%<\/td>-<\/td>\n<\/tr>\n
Weybridge<\/a>
\n<\/td>		$375,000 <\/td>-10.9%<\/td>4<\/td>-50.0%<\/td>8<\/td>-20.0%<\/td>10<\/td>\n<\/tr>\n
Whiting<\/a>
\n<\/td>		$324,500 <\/td>62.3%<\/td>4<\/td>33.3%<\/td>3<\/td>50.0%<\/td>111<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

While Addison County felt a substantial downturn in sales throughout the first half of 2022, it\u2019s important to note that 2021 represented historically high sales. Single family home sales declined 30% to 135 properties sold, and limited condominium units available limited transactions to 9, 40% less than in 2021. New inventory was soft, reflecting a … 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\/3663"}],"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=3663"}],"version-history":[{"count":3,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/3663\/revisions"}],"predecessor-version":[{"id":4350,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/3663\/revisions\/4350"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=3663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=3663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=3663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}