{"id":3668,"date":"2022-07-22T09:42:07","date_gmt":"2022-07-22T13:42:07","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=3668"},"modified":"2022-07-22T14:11:55","modified_gmt":"2022-07-22T18:11:55","slug":"franklin-county-market-results-6","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2022\/07\/franklin-county-market-results-6\/","title":{"rendered":"Franklin County Market Results"},"content":{"rendered":"

\"<\/p>\n\n\n\n\n\t\n\n\t\n\t
Single-Family January-June 2022<\/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
$325,000 \t+20.4%<\/td> $345,443 \t+22.0%<\/td>247\t-13.3%<\/td>332\t-16.0%<\/td>37\t-26.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\t\n\n\t\n\t
Condo January-December 2021<\/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
$254,000 \t+10.4%<\/td> $321,318 \t+35.1%<\/td>22\t+4.8%<\/td>22\t+4.8%<\/td>40\t-42.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

The Franklin County market<\/a> trended similar to other counties in northwest Vermont<\/a> in the first half of 2022, with a decline in new inventory resulting in a reduction in home purchases. However, buyer demand remained strong, as indicated by a sharp 26% decline in days on market (the number of days a property is listed until it closes) and an increase of +20% in the median sale price of single-family homes<\/a>.<\/strong><\/p>\n

Franklin County is one of our most diverse counties, including active cities like St. Albans<\/a>, lakeside communities<\/a>, ski areas<\/a>, and agricultural properties<\/a>. The commute to Burlington<\/a> and Chittenden County<\/a> is relatively easy. <\/strong><\/p>\n

\"Franklin-County<\/p>\n

\"Franklin<\/p>\n

<\/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
<\/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
Franklin County Single-Family<\/a>
\n<\/td>		$325,000 <\/td>20.4%<\/td>$247<\/td>-13.3%<\/td>$332<\/td>-16.0%<\/td>37<\/td>\n<\/tr>\n
Bakersfield<\/a>
\n<\/td>		$281,000 <\/td>21.3%<\/td>$9<\/td>50.0%<\/td>$6<\/td>-45.5%<\/td>70<\/td>\n<\/tr>\n
Berkshire<\/a>
\n<\/td>		$325,000 <\/td>62.5%<\/td>10<\/td>42.9%<\/td>10<\/td>150.0%<\/td>27<\/td>\n<\/tr>\n
Enosburg<\/a>
\n<\/td>		$235,000 <\/td>45.1%<\/td>13<\/td>-18.8%<\/td>21<\/td>-16.0%<\/td>13<\/td>\n<\/tr>\n
Fairfax<\/a>
\n<\/td>		$399,900 <\/td>8.1%<\/td>25<\/td>-26.5%<\/td>35<\/td>-27.1%<\/td>22<\/td>\n<\/tr>\n
Fairfield<\/a>
\n<\/td>		$425,000 <\/td>43.2%<\/td>3<\/td>-50.0%<\/td>4<\/td>-63.6%<\/td>49<\/td>\n<\/tr>\n
Fletcher<\/a>
\n<\/td>		$477,500 <\/td>59.2%<\/td>2<\/td>-71.4%<\/td>4<\/td>-73.3%<\/td>5<\/td>\n<\/tr>\n
Franklin<\/a>
\n<\/td>		$250,600 <\/td>-19.2%<\/td>8<\/td>0.0%<\/td>18<\/td>100.0%<\/td>49<\/td>\n<\/tr>\n
Georgia<\/a>
\n<\/td>		$405,000 <\/td>21.8%<\/td>19<\/td>-26.9%<\/td>24<\/td>-45.5%<\/td>25<\/td>\n<\/tr>\n
Highgate<\/a>
\n<\/td>		$318,750 <\/td>26.5%<\/td>18<\/td>100.0%<\/td>26<\/td>30.0%<\/td>41<\/td>\n<\/tr>\n
Montgomery<\/a>
\n<\/td>		$379,900 <\/td>104.0%<\/td>13<\/td>30.0%<\/td>15<\/td>-11.8%<\/td>90<\/td>\n<\/tr>\n
Richford<\/a>
\n<\/td>		$227,500 <\/td>69.8%<\/td>8<\/td>-61.9%<\/td>18<\/td>0.0%<\/td>78<\/td>\n<\/tr>\n
Sheldon<\/a>
\n<\/td>		$200,000 <\/td>-30.2%<\/td>5<\/td>-61.5%<\/td>9<\/td>-47.1%<\/td>15<\/td>\n<\/tr>\n
St. Albans<\/a>
\n<\/td>		$375,000 <\/td>36.4%<\/td>71<\/td>-16.5%<\/td>86<\/td>-12.2%<\/td>28<\/td>\n<\/tr>\n
Swanton<\/a>
\n<\/td>		$286,000 <\/td>12.2%<\/td>43<\/td>16.2%<\/td>56<\/td>-3.5%<\/td>41<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

The Franklin County market trended similar to other counties in northwest Vermont in the first half of 2022, with a decline in new inventory resulting in a reduction in home purchases. However, buyer demand remained strong, as indicated by a sharp 26% decline in days on market (the number of days a property is listed … 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":[9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/3668"}],"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=3668"}],"version-history":[{"count":1,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/3668\/revisions"}],"predecessor-version":[{"id":3672,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/3668\/revisions\/3672"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=3668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=3668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=3668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}