{"id":4361,"date":"2023-08-02T14:22:07","date_gmt":"2023-08-02T18:22:07","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=4361"},"modified":"2023-08-02T14:22:08","modified_gmt":"2023-08-02T18:22:08","slug":"grand-isle-county-market-results-9","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2023\/08\/grand-isle-county-market-results-9\/","title":{"rendered":"Grand Isle County Market Results"},"content":{"rendered":"
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Terrapin Lane, Alburgh, VT ~ Nestled between the shores of Lake Champlain & the greens of The Alburgh Golf Links lies this new country community.<\/figcaption><\/figure>\n\n\n\n\n\t\n\n\t\n\t
Single-Family January-June 2023<\/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
$394,000 +13.7%<\/td>$517,868 +23.5%<\/td>38 -28.3%<\/td>67 -20.2%<\/td>27 +47.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\t\n\n\t\n\t
Condos January-June 2023<\/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
$425,000 n\/a<\/td>$425,000 n\/a<\/td>1 n\/a<\/td>1 -80.0%<\/td>7 n\/a<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

The Grand Isle real estate market has bounced back after a slow start to 2023. While new listings of single family homes coming on the market dropped by 20% over the same period last year, the 1st<\/sup> quarter of the year was down 57%. Still, this limited the options available for buyers as the spring and summer season approached.<\/strong><\/p>\n

The median sale price of $394,000 is a 14% increase year-over-year, indicating continued strong demand in this segment of the market.  With homes selling quickly in this area – the average number of days on the market is just 27 days –  it appears that buyers are ready, willing, and able to make a move when the right home becomes available.<\/p>\n

The results of the first half primarily reflect the seasonality of Grand Isle County\u2019s real estate market \u2013 which is heavily influenced by sales of lakefront homes.  Notably, only 1 condominium sale was reported in this period.<\/p>\n

\"\"<\/p>\n

\"\"<\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t
<\/th>MEDIAN SALE PRICE<\/th>VS 2022<\/th>UNITS SOLD<\/th>VS 2022<\/th>NEWLY LISTED<\/th>VS 2022<\/th>DAYS ON MARKET<\/th>\n<\/tr>\n<\/thead>\n
Grand Isle County Single-Family<\/td>$394,000 <\/td>13.7%<\/td>38<\/td>-28.3%<\/td>67<\/td>-20.2%<\/td>27<\/td>\n<\/tr>\n
Alburgh<\/td>$265,000 <\/td>2.3%<\/td>13<\/td>-43.5%<\/td>25<\/td>-7.4%<\/td>27<\/td>\n<\/tr>\n
Grand Isle<\/td>$400,000 <\/td>-2.4%<\/td>9<\/td>0.0%<\/td>16<\/td>-5.9%<\/td>31<\/td>\n<\/tr>\n
Isle La Motte<\/td>$672,500 <\/td>110.2%<\/td>4<\/td>-20.0%<\/td>9<\/td>-30.8%<\/td>52<\/td>\n<\/tr>\n
North Hero<\/td>$420,000 <\/td>-5.6%<\/td>6<\/td>-45.5%<\/td>8<\/td>-52.9%<\/td>16<\/td>\n<\/tr>\n
South Hero<\/td>$635,000 <\/td>-9.3%<\/td>6<\/td>20.0%<\/td>9<\/td>-10.0%<\/td>16<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

The Grand Isle real estate market has bounced back after a slow start to 2023. While new listings of single family homes coming on the market dropped by 20% over the same period last year, the 1st quarter of the year was down 57%. Still, this limited the options available for buyers as the spring … 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":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4361"}],"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=4361"}],"version-history":[{"count":4,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4361\/revisions"}],"predecessor-version":[{"id":4533,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4361\/revisions\/4533"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=4361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=4361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=4361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}