Champlain Valley Market Report: Q1 - Q3 2018

CHAMPLAIN VALLEY

MARKET REPORT Q1-Q3 2018

PROPERTIES OF DISTINCTION REGARDLESS OF PRICE Whether your property is valued at $200,000 or $2,000,000, it has a story all its own. It’s written in the details, big and small, that make a house into a home... or a piece of land into a dream. A remembrance of things past... a celebration of things to come. Telling these treasured tales is our specialty. We start by uncovering and bringing to life all the things that make a property exceptional.

By combining outstanding photography and attention-getting narrative details, our distinctive storytelling process provides our clients the opportunity to showcase their home’s finer details in ways that truly resonate with prospective buyers. It is with pleasure that we use our considerable experience and resources to artfully unite special places with those who will cherish them.

MLS#4682754

MARKET OVERVIEW

Q1-Q3 2018

KNOWLEDGE IS POWER We are proud to share our Q1-Q3 2018 Market Report for the Champlain Valley real estate market covering Addison, Chittenden, and Grand Isle counties.

In this report you will find year over year market trends by Town in order to provide you with the most updated information so you can make informed decisions as you evaluate your real estate options.

Overall, the real estate market in the Champlain Valley during the Q1-Q3 2018 time period was up slightly versus same period a year ago.

Specifically Chittenden County closed sales in units increased +1.9% with total sales volume up +6.9%, and the average sale price increased +4.9%. For Addison County, total closed sales in units was up +0.6% and total sales volume was increased +2.0% and the average sales price increased +1.5%. The Grand Isle season picked up significantly in the key Summer selling season with closed sales in units increasing +8.8%, total sales volume up +29.0% and the average sales price up +18.3% . Now is a great time to sell if you are considering listing your home!

The lack of inventory will continue to be the major driving factor in the lower and mid-range segments. However, the economy is strong with low unemployment and wages have begun to show some improvement. We are cautiously optimistic that the current trends will continue throughout the remainder of 2018 even in the face of likely higher mortgage rates and the new federal tax legislation’s impact on the market.

Four Seasons Sotheby’s International Realty has offices spread throughout Vermont and New Hampshire and is widely regarded as one of the leaders in the Champlain Valley real estate market with over 40 experienced Agents in our South Burlington, Middlebury and Vergennes offices ready and eager to serve all of your real estate needs.

We are committed to providing you with the highest level of service and expertise to Buyers and Sellers regardless of price.

It would be our privilege to serve you for all of your real estate needs in the Champlain Valley.

Staige Davis — CEO Laurie Mecier-Brochu — Regional Manager, Champlain Valley Cover Property: MLS#4718557 Source: (Data) NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

ADDISON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

14

10

29%

$346,240

$298,190

14%

126

199

58%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

30

Pended

25 23

23

23

22

20

23

20

19

18

18

20

18

15

10

10

5 2

0

1

10/17

0

1 2

11/17

12/17

0

1 0

1/18

1 1

2/18

3

2 0

1

3/18

0

4/18

2

1 1

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

2 3

7/18

1 1

8/18

0

1

9/18

ALBURGH VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

35

32

9%

$188,125

$200,861

7%

168

191

14%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

60

For Sale

55

Pended

Sold

51

54

52

53

49

50

46

45 40

40

40

39

38

35 31

30

28

25 20 15 10 5 0

9 5 9

2 1

10/17

11/17

5

4 4

12/17

3

1/18

0

2

2/18

3

4

3/18

8 3

4/18

3

6

5/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

3

4 4

6/18

1

7/18

7

8/18

3

2

9/18

BRIDPORT VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

10

8

20%

$225,450

$295,999

31%

143

81

43%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

10 9

10

Sold Pended

9 8

8

8

8

8

8

7

7

7

7

6

6

5

5 4 3

3

3

2 1 0

1 0

1

10/17

0

1

11/17

0

0

12/17

0

1

1/18

0

0

2/18

0

1

3/18

4/18

0

0

3

5/18

6/18

0

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

1 1

7/18

1

8/18

0

1

9/18

BRISTOL VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

25

24

4%

$241,990

$201,340

17%

179

135

25%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

30

Pended

25 21

20

20

17

17 15

15

14 12

11

10

9

5

0

9

5

1 2

10/17

2 4

1 1

11/17

12/17

2

1/18

5

3

2 1

4

3

0

3

2/18

3/18

14

13

2

4/18

2 3

4

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

2 3

7/18

6

1

8/18

9/18

BURLINGTON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

203

215

6%

$344,479

$343,926

.2%

44

38

14%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

70

Sold

65

64

Pended

60

59

60 55

49

50 45 40 35

36

35

34

29

30 25

38

35

33 26 22

23

22 23

21

20 15

29

27

26 21

21

16

15

10 5 0

31

10/17

18

11/17

24

12/17

16

1/18

19

2/18

21

3/18

17

4/18

23

5/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

32

6/18

29

7/18

40

8/18

18

9/18

CHARLOTTE VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

33

41

24%

$578,996

$598,780

3%

140

111

21%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

50

Pended

46

45 39

40

37

37

35

38

36

33 31

30

29

30

28

27

25 20 15 10 5 0

6

5

6

5

6

4

1 5

10/17

11/17

12/17

1 2

1/18

2

2/18

3

3

3/18

7

6 2

4/18

7

3

7

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

6

5 8

7/18

11

8/18

3

9/18

COLCHESTER VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

179

157

12%

$317,198

$295,449

7%

107

79

26%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

80

Sold

77

Pended

70

69 63

63

63

63

60

60

53 50

49

50

50

46

40 30 25

20

22

25

25 21

20

10

20

18

16 12

10 7

0

19

10/17

17

11/17

20

12/17

11

1/18

5

2/18

17

3/18

17

4/18

15

5/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

26

6/18

17

7/18

27

8/18

22

9/18

ESSEX VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

238

245

3%

$289,130

$291,681

.9%

63

40

37%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

90

89

Pended

80 70

76 69 65

62

60

58 50

50

51

48

52

51

42

40

38 34

30 25

24

20

27

25

23

33

30

29

26

20

10 0

27

10/17

24

11/17

24

12/17

15

1/18

22

2/18

22

3/18

20

4/18

26

5/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

46

6/18

33

7/18

34

8/18

27

9/18

FERRISBURGH VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

26

16

39%

$368,932

$370,500

.4%

114

126

11%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

30

Sold Pended

25 23

23

20

19 17

16

15

15 13

12 10

10

10 8

8

5

5 3

0

3

3

6

5

1 2

10/17

11/17

12/17

1 2

1/18

2

3

2

0

2

2/18

3/18

1

4/18

5

1 2

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

1 3

7/18

1 0

1

8/18

9/18

GRAND ISLE VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

21

31

48%

$245,237

$310,407

27%

137

202

47%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

50 45

Pended

42

40

38 35

35

32 30

30

32

29 26

25

24

24 20

20

17

15 10 8

5 0

6

6

4 8

2 1

1 2

10/17

11/17

12/17

1 1

1/18

7

6 1

3

2/18

3/18

1 2

4/18

4 6

2

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

3

7/18

7

5

4

8/18

9/18

HINESBURG VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

41

32

22%

$286,170

$323,408

13%

68

77

13%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

40

For Sale

36

Pended

Sold

32

32

31

32 30

29

28 24

24 22

23

22

20

18

18

18

16 12 8

9

9 6

4 0

8

10/17

2

3 9

11/17

0

4

12/17

3 1

1/18

4 1

2

2/18

3/18

2

2

4/18

5

7

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

6

5

4 5

7/18

6

3

8/18

9/18

HUNTINGTON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

18

15

17%

$281,637

$256,080

9%

101

53

48%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

12

For Sale

11

Pended

12

Sold

10

10 9

9 8

8

8

7

7

6

6

6 5

5 4

4 3

8

3

4 3

2

2

3

2

2

2

3

2

1 0

0

3

10/17

11/17

0

1

12/17

1

1/18

1

0

2

4

0

2/18

3/18

4/18

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

4

7/18

0

2

8/18

0

1

9/18

ISLE LA MOTTE VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

10

5

50%

$176,355

$234,380

33%

209

182

13%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

16

Pended

15

14 12

12 11 10

10

10

11

12

11

10

10

9

9

8 6 4 3

2

2 1

0

1 3

0

10/17

11/17

0

2

12/17

1 1

1/18

0

0

2/18

3/18

0

0

0

4/18

0

1

5/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

0

0

6/18

1

7/18

0

2

8/18

0

0

9/18

JERICHO VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

43

43

—

$333,769

$366,303

10%

79

59

25%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

18

For Sale

18

Sold Pended

16

15

15

14

14 12

18

14 13

12

12

12

11

11

10

10

9

8 7

6

6 5

5

4

4

4

2 0

7

4

2 3

6

4

10/17

11/17

12/17

2 0

1/18

4

3

3

5

12

2/18

3/18

4/18

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

8

7/18

3

5

8/18

9/18

MIDDLEBURY VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

72

58

19%

$274,085

$258,785

6%

77

52

33%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

30

Sold

30

Pended

27

27

25 23

23

20 16

15

15

16 13

13 11

10 8

9

8

9

5

7

8

1 6

10/17

11/17

12/17

9

8

7

5

0

16

15

6

4 4

1/18

3

3

2/18

3/18

4

4/18

8

8

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

7

7/18

14

8/18

7

9/18

MILTON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

119

103

13%

$245,850

$271,586

11%

86

59

31%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

40 36

Pended

34

34

32 29

28

28

30

29 27 25

30

27

25

24 21

20

20 18

16 12

15

13

12

11

8

8 5

4 0

16

15

19

10/17

6

5

11

11

11/17

12/17

6

1/18

3

5

2/18

3/18

11

4/18

13

5/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

18

6/18

18

7/18

18

8/18

11

9/18

NEW HAVEN VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

7

9

29%

$257,628

$404,933

57%

182

101

45%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

14

Sold

13

Pended

12

13

13

12 11 10

10

11

11

10

10

9 8

8

6

4 3

2

2

2

1

0

2

3

2

1

1

1

1

1

10/17

11/17

12/17

0

0

1/18

0

0

1

1

2

2/18

3/18

4/18

5/18

6/18

0

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

0

2

7/18

1

2

8/18

9/18

NORTH HERO VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

16

21

31%

$307,310

$279,230

9%

124

101

19%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

40

Pended

35

35

33

30

25

35

28

27

24 21

20

20

19

15 12

5

0

11

10

10 6

1

10/17

2

4

1 6

11/17

12/17

0

1/18

1

2

5

4

3 1

0

2/18

3/18

0

4

4/18

3 0

2

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

3 7

7/18

2

8/18

2

4

9/18

RICHMOND VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

25

23

8%

$264,665

$342,256

29%

106

49

54%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

12

For Sale

12

Sold

11

11

Pended

10

10 9

9

8 7

7

7

7

7

7 6

6 5

4

5

4 3

2

2

2 1

0

3 2

1

1

6

5

10/17

11/17

12/17

1

1/18

1

1

1

4

5

2/18

3/18

4/18

5/18

6/18

0

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

3

7/18

3

4

8/18

9/18

SHELBURNE VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

56

68

21%

$561,625

$469,688

16%

69

45

35%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

30

30

29

Pended

29

25

25 23 21

21

20 17

15

15

14

10

5

12

11

10

9 7

6

8

7

5 2

0

14

13

12

2

6

7

9

10/17

11/17

12/17

5

1/18

3

4

2/18

3/18

7

4/18

5/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

14

6/18

12

7/18

11

8/18

6

9/18

SHOREHAM VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

7

14

100%

$202,638

$279,406

38%

205

215

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

5%

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

30

Pended

28 26 24

24 22 20

26

25 23

22

21

20

18

17

16

16

21

17

16

14 12 10 8 6 4 2 0

4 1 3

10/17

0

1 1

11/17

12/17

0

2 0

0

1/18

1

0

2/18

3/18

0

1 1

4/18

2 1

1 2

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

4 2 1

7/18

3

5

8/18

9/18

S. BURLINGTON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

258

278

8%

$336,926

$350,394

4%

61

73

20%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale Sold

110

Pended

101

100 90

86

87

85

80 73

78

75

73

73

73

71

68

70 60 50

44

40

42 38

30

34

33

30

33

32

25

20

21

18

16

10 0

32

10/17

21

11/17

21

12/17

18

1/18

15

2/18

25

3/18

29

4/18

41

5/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

46

6/18

38

7/18

34

8/18

30

9/18

SOUTH HERO VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

21

21

­­—

$431,044

$584,370

36%

87

179

106%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

30

Sold

28

27

Pended

26 24

24 22

22

21

20

20

20

20 18

18 16

15

14

13

14

13

12 10 8 6 4 2 0

5

4

3

2 6

10/17

2

3

11/17

12/17

0

5

0

0

1/18

0

1 0

2/18

3/18

0

4

3 3

4/18

3

1 4

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

1

7/18

3

7

8/18

9/18

UNDERHILL VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

34

25

27%

$339,608

$356,193

5%

70

62

11%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

12

Sold

12

Pended

11

10

10 9

9

9

8 7 6

6

6

6

6

6 5

5

4

4

4 3

2

2 1

0

1

1

2

2

1

2

1

2

10/17

11/17

12/17

3

1/18

1

1

2/18

3/18

0

4/18

5

5

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

4

7/18

4

2

8/18

9/18

VERGENNES VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

16

25

56%

$164,201

$204,628

25%

54

86

59%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

14

Sold

13

Pended

12

12 11 10

10

8 7

7 6

6

6

6 5

4

4

4

5

4 3

3

2 1 3

4

5

10/17

11/17

12/17

1

1/18

3

2

2 1

0

5

1 5

2

3

1

2

2/18

3/18

4/18

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

4

7/18

4

8/18

0

3

9/18

WILLISTON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

121

126

4%

$351,726

$341,493

3%

101

50

51%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

50

Sold

50

Pended

47 44

45 40

45

38

38

37 35

35

32

32

31

29

30 25

25 23

20 15

20 16

16 13

10

11

10

9

13

10 8

5 0

16

10/17

14

11/17

17

12/17

4

1/18

7

9

2/18

3/18

14

4/18

17

5/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

22

6/18

28

7/18

19

8/18

6

9/18

WINOOSKI VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

42

45

7%

$231,716

$280,689

21%

36

55

53%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/17 - 9/30/17 and 1/1/18 - 9/30/18

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (OCT. 2017 - SEPT. 2018)

For Sale

14

Sold Pended

12 11

11

11

11

10

10

9

9

9

8

8

8

8

7

6

6

6 5

4

6

5

5

4

4

2

2

4

2 1

0

4

4

6

2

2

3

5

7

13

10/17

11/17

12/17

1/18

2/18

3/18

4/18

5/18

6/18

Source: Trendgraphix utilizing NNEREN data 10/01/2017 - 9/30/2018

2

7/18

6

5

8/18

9/18

MLS#4717760

SOUTHERN VERMONT

CHAMPLAIN VALLEY

LAKE WINNIPESAUKEE REGION

Mount Snow: 802.464.1200 Stratton: 802.297.1100 Manchester: 802.362.4551 Okemo: 802.228.4537 Bromley: 802.824.3113

Middlebury: 802.388.1000 Vergennes: 802.877.3232 South Burlington: 802.864.0541

Meredith: 603.677.7012 Wolfeboro: 603.941.1000

CENTRAL VERMONT Rutland: 802.774.7007 Stowe: 802.253.7267 Randolph: 802.565.8136

NORTHEAST KINGDOM St. Johnsbury: 802.751.7582

LAKE SUNAPEE REGION New London: 603.526.4050

UPPER VALLEY Fairlee: 802.333.4701 Hanover: 6 03.643.6070 603.643.6400

SOUTHERN NEW HAMPSHIRE Bedford: 603.413.7600

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