The market transition continues here in Central Vermont. 12 month sales have increased in four out of the five markets in the Central Vermont real estate market. That's consistent with what we've seen over the past few months. For all the details of the March sales (sale price, listing price, days on market, etc.), click here.
Barre Town clearly leads the way, with 17 more sales (over the past 12 month period).
Active | New 3/13 | New 3/12 | Closed 3/13 | Closed 3/12 | Under deposit | Closed 3/12-3/13 | Closed 3/11-3/12 | |
Barre City | 72 | 19 | 8 | 6 | 8 | 8 | 63 | 54 |
Barre Town | 45 | 3 | 9 | 8 | 1 | 12 | 78 | 61 |
Montpelier | 44 | 6 | 9 | 6 | 4 | 9 | 69 | 64 |
U32 | 56 | 15 | 9 | 3 | 2 | 14 | 55 | 61 |
Northfield | 58 | 13 | 7 | 3 | 3 | 2 | 28 | 27 |
Totals | 275 | 56 | 42 | 26 | 18 | 45 | 293 | 267 |
Come on, Northfield. This is the one spot in the market that remains a buyers market. So, buyers, if you're looking for value, you really should look closely at homes for sale in Northfield. Good selection, good quality, good prices. And with the Knotty Shamrock, there's another place to get a good beer.
As for listing inventory, this market could especially benefit from more homes for sale in Montpelier. Properties listed between $175,000 and $225,000 are getting a lot of buyer interest, but other price ranges remain popular as well.
For more information, to talk about buying or selling real estate, or just to shoot the breeze, give a call or send an email.
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