{"id":4521,"date":"2024-02-14T09:58:25","date_gmt":"2024-02-14T14:58:25","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=4521"},"modified":"2024-03-26T15:05:36","modified_gmt":"2024-03-26T19:05:36","slug":"addison-county-market-results-10","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2024\/02\/addison-county-market-results-10\/","title":{"rendered":"Addison County Market Results"},"content":{"rendered":"
\"Two
46 & 58 Riverview Street, Ferrisburgh, VT<\/a> ~ This exceptional property has 2 homes nestled on the banks of Otter Creek with Lake Champlain access.<\/figcaption><\/figure>\n\n\n\n\n\t\n\n\t\n\t
Single-Family January-December 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
$404,000 \t+3.9%<\/td> $490,373 \t+6.8%<\/td>278\t-8.9%<\/td>319\t-7.5%<\/td>30\t-6.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\t\n\n\t\n\t
Condos January-December 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
$325,000 \t+5.7%<\/td> $361,542 \t+2.0%<\/td>18\t0.0%<\/td>20\t+53.9%<\/td>22\t-8.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

The real estate<\/a> market in Addison County<\/a> is not immune to the trends seen across other counties in this report although at a more moderate pace. The number of single-family homes sales<\/a> declined by 27 units, while the number of new listings<\/a> on the market dropped by 26 units. <\/strong><\/p>\n

The median sale price increased by nearly 4% in 2023, with a cumulative increase of 42% since 2020. Panton<\/a>, Leicester<\/a>, Weybridge<\/a>, and Cornwall<\/a> posted significantly higher median sale prices than the county median of $404,000.<\/p>\n

Middlebury, Bristol<\/a>, Ferrisburgh<\/a>, Monkton<\/a>, Orwell<\/a>, and Vergennes<\/a> proved the most popular with the greatest number of sales, however far fewer new listings as compared to last year.<\/p>\n

With a small number of transactions in many towns, the data can show dramatic swings in one direction or the other.<\/p>\n

\"\"<\/p>\n

\"\"<\/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 2022<\/th>UNITS SOLD<\/th>VS 2022<\/th>NEWLY LISTED<\/th>VS 2022<\/th>DAYS ON MARKET<\/th>\n<\/tr>\n<\/thead>\n
Addison County Single-Family<\/td>$404,000<\/td>3.90%<\/td>278<\/td>-8.90%<\/td>319<\/td>-7.50%<\/td>30<\/td>\n<\/tr>\n
Addison<\/td>$514,500<\/td>3.40%<\/td>10<\/td>-37.50%<\/td>12<\/td>-36.80%<\/td>70<\/td>\n<\/tr>\n
Bridport<\/td>$300,000<\/td>3.50%<\/td>11<\/td>57.10%<\/td>16<\/td>77.80%<\/td>13<\/td>\n<\/tr>\n
Bristol<\/td>$394,000<\/td>1.30%<\/td>28<\/td>-9.70%<\/td>32<\/td>-3.00%<\/td>21<\/td>\n<\/tr>\n
Cornwall<\/td>$565,000<\/td>-10.30%<\/td>14<\/td>27.30%<\/td>14<\/td>0.00%<\/td>35<\/td>\n<\/tr>\n
Ferrisburgh<\/td>$490,000<\/td>-14.90%<\/td>26<\/td>-7.10%<\/td>30<\/td>-3.20%<\/td>22<\/td>\n<\/tr>\n
Goshen<\/td>$192,035<\/td>-48.10%<\/td>3<\/td>-25.00%<\/td>6<\/td>200.00%<\/td>64<\/td>\n<\/tr>\n
Granville<\/td>$144,000<\/td>-56.10%<\/td>4<\/td>-33.30%<\/td>4<\/td>-20.00%<\/td>46<\/td>\n<\/tr>\n
Hancock<\/td>$290,000<\/td>28.90%<\/td>5<\/td>66.70%<\/td>6<\/td>100.00%<\/td>40<\/td>\n<\/tr>\n
Leicester<\/td>$526,500<\/td>75.50%<\/td>12<\/td>-20.00%<\/td>11<\/td>-38.90%<\/td>52<\/td>\n<\/tr>\n
Lincoln<\/td>$495,000<\/td>28.00%<\/td>6<\/td>-66.70%<\/td>9<\/td>-55.00%<\/td>22<\/td>\n<\/tr>\n
Middlebury<\/td>$400,000<\/td>8.80%<\/td>39<\/td>-15.20%<\/td>41<\/td>-22.60%<\/td>24<\/td>\n<\/tr>\n
Monkton<\/td>$424,900<\/td>-6.60%<\/td>17<\/td>-22.70%<\/td>21<\/td>-8.70%<\/td>8<\/td>\n<\/tr>\n
New Haven<\/td>$493,750<\/td>8.50%<\/td>12<\/td>-14.30%<\/td>14<\/td>-17.70%<\/td>33<\/td>\n<\/tr>\n
Orwell<\/td>$294,500<\/td>-25.40%<\/td>18<\/td>38.50%<\/td>19<\/td>26.70%<\/td>40<\/td>\n<\/tr>\n
Panton<\/td>$1,906,500<\/td>515.00%<\/td>5<\/td>-44.40%<\/td>6<\/td>-33.30%<\/td>3<\/td>\n<\/tr>\n
Ripton<\/td>$306,000<\/td>-36.30%<\/td>5<\/td>400.00%<\/td>4<\/td>300.00%<\/td>116<\/td>\n<\/tr>\n
Salisbury<\/td>$510,000<\/td>22.90%<\/td>9<\/td>-18.20%<\/td>16<\/td>60.00%<\/td>35<\/td>\n<\/tr>\n
Shoreham<\/td>$390,000<\/td>-9.10%<\/td>11<\/td>120.00%<\/td>13<\/td>44.40%<\/td>25<\/td>\n<\/tr>\n
Starksboro<\/td>$395,000<\/td>46.30%<\/td>13<\/td>62.50%<\/td>13<\/td>44.40%<\/td>22<\/td>\n<\/tr>\n
Vergennes<\/td>$345,000<\/td>7.50%<\/td>18<\/td>-25.00%<\/td>19<\/td>-29.60%<\/td>27<\/td>\n<\/tr>\n
Waltham<\/td>$499,500<\/td>-21.20%<\/td>4<\/td>300.00%<\/td>4<\/td>100.00%<\/td>9<\/td>\n<\/tr>\n
Weybridge<\/td>$533,500<\/td>18.00%<\/td>6<\/td>-25.00%<\/td>7<\/td>-46.20%<\/td>41<\/td>\n<\/tr>\n
Whiting<\/td>$335,975<\/td>3.50%<\/td>2<\/td>-50.00%<\/td>2<\/td>-33.30%<\/td>5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

The real estate market in Addison County is not immune to the trends seen across other counties in this report although at a more moderate pace. The number of single-family homes sales declined by 27 units, while the number of new listings on the market dropped by 26 units. The median sale price increased by … 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\/4521"}],"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=4521"}],"version-history":[{"count":6,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4521\/revisions"}],"predecessor-version":[{"id":4649,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4521\/revisions\/4649"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=4521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=4521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=4521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}