2019 Year End Market Report - Champlain Valley

CHAMPLAIN VALLEY

MARKET REPORT YEAR END 2019

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#4682468

MARKET OVERVIEW

YEAR END 2019

KNOWLEDGE IS POWER We are pleased to share our Year End 2019 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 Year End 2019 time period was very strong versus same time period a year ago.

Specifically Chittenden County closed sales in units increased +7.5 % with total sales volume up +13.2%, and the average sale price increased +5.3%. For Addison County, total closed sales in units was up +7.8% and total sales volume was increased +11.5% and the average sales price increased +3.4%. The Grand Isle market was a little slower with closed sales in units increasing +4.1%, total sales volume up +1.6% and the average sales price down slightly -2.4%. 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 and we believe it will continue in 2020 leading up to the election. We are cautiously optimistic that the current trends will continue in 2020.

Four Seasons Sotheby’s International Realty has 17 offices 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#4737683 Source: (Data) NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

ADDISON VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

12

22

83%

$309,075

$287,011

7%

173

213

23%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

25

Pended 22 21

20 18

18 17

17 16

15

14 12

12

10

9

6

5

5 3

3

3

2

0

2 0

1/19

1 1

1

3

2/19

3/19

4/19

1 2

5/19

1 2

6/19

2 1

1 1

1 2

1

6

2

7/19

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

ALBURGH VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

36

40

11%

$199,615

$185,311

7%

177

129

27%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

60

57

Sold

55

57

Pended 51

49

50 45

45

46

45

48

47

46

43

40

37

35 30 25 20 15 10 5 0

3

2

1/19

3

6

5

4

3

1 0

3

7

5

2/19

3/19

4/19

5/19

6/19

3

4

4

4

5

3

7/19

8/19

9/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

3

4

2 1

10/19

11/19

3

4

12/19

BRIDPORT VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

9

15

67%

$275,888

$251,860

9%

81

166

105%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

14

14

Sold

13

12

Pended

12

12

12 11

11 10

10

9 8

8

8 7

6

4 3

2

3

2

2

2

2

1

0

0

0

1/19

1

0

0

1

1

3

2

2

2/19

3/19

4/19

5/19

6/19

7/19

8/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

2

2

9/19

10/19

0

0

2

11/19

12/19

0

BRISTOL VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

27

32

19%

$226,113

$259,976

15%

125

84

33%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

20

19

Pended

18

17

16 14

15 14 13

12

11 10

10

10

10

10 9

8

8 6

6 5

4

4

4 3

2

2 1

0

1

1/19

3

2

2

2

2

4

4

6

3

2/19

3/19

4/19

5/19

6/19

7/19

1

1

8/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

1

1

2

5

3

9/19

10/19

11/19

12/19

BURLINGTON VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

178

218

23%

$382,996

$403,176

5%

44

35

21%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

70

Sold

65

Pended

62

60

56

54

55

50

50

46

45

45

43

40

36

35 30

35 30

30

25

30 25

30

30

28

32

32

30

28

27

25

23

20 15

13

10 5 0

16

1/19

8

2/19

16

3/19

28

4/19

24

5/19

41

6/19

30

7/19

37

8/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

33

9/19

29

29

34

10/19

11/19

12/19

CHARLOTTE VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

54

66

22%

$605,629

$652,779

8%

109

109

—

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

40

Pended

36

36

35 33

33

32

30 28

28 24

29

28

25

24

24

20 16

16 12 10

8 6

5

4 0

9

8

7

5

5

5

4

3 0

1

1/19

2

7

5

5

7

11

8

5

4

6

5

2/19

3/19

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

COLCHESTER VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

187

240

28%

$323,427

$352,137

9%

80

44

45%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

80

Sold Pended

72

70 60

72

72

67

58

69

67 59

58

58

55 51

50 40

35 32

30 27

26

26

24

23

20 17

10 0

16

16

15

11 11

1/19

7

2/19

21

3/19

13

4/19

39

5/19

26

6/19

26

7/19

38

8/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

22

18

18

17

9/19

10/19

11/19

12/19

CORNWALL VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

10

14

40%

$506,400

$533,428

5%

99

216

118%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

12

12

12

For Sale

12

Sold Pended

10

10

10

10

8 7

7

6

6

6 5

4

4

2

2

2

2

1

0

5

2

1 0

1/19

0

1

2/19

3/19

0

0

1

1

1

5

3

4/19

5/19

6/19

7/19

8/19

9/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

0

1

10/19

0

1

11/19

0

0

12/19

ESSEX VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

316

341

8%

$295,174

$317,020

7%

39

44

13%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

80

Pended

73

71

71

70 62

60

62

60

58

62 59

58

51

50

49

48 44 41

40

36

36 31

30

28 24

20 10 0

22

20 13

11 17

1/19

11

23

17

2/19

3/19

4/19

29

5/19

55

6/19

27

7/19

46

34

32

31

19

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

FERRISBURGH VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

26

40

54%

$463,865

$322,986

30%

125

94

25%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

25

24

Sold Pended

22 21

20

21

21

20

20

19

19 18 17

15

10

10

6

6

5

5 4

4

4

4

3 2

0

2

1/19

1

4

1 4

2/19

3/19

4/19

5

5/19

2

2

2

2

2

3

4

6

6

6/19

7/19

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

GRAND ISLE VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

39

44

13%

$345,667

$366,783

6%

193

143

26%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

30

Pended

27

26

26

26

24

23

22

21

20

20

19

20

18

17

15 13

13

12 9 6

5

5

3 0

8

7

3 3

1/19

5 3

2

3

3

1 2

0

4

6

2

8

7

4

4

1 3

2/19

3/19

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

HINESBURG VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

47

60

28%

$353,699

$372,161

5%

47

75

60%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

20

19

18 16

Sold Pended

17 16 15 14

14

14 12

12 11

10

10

10

9

9

8

8

7

6

6

6

4

6

4

4

4

4

3

2 0

2 2

1/19

4

2/19

4

2

3/19

4/19

5

5/19

7

6/19

10

7/19

7

6

4

8/19

9/19

10/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

3

6

11/19

12/19

0

HUNTINGTON VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

18

24

33%

$277,289

$319,583

15%

51

50

2%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

7

7

7

7

For Sale Sold

6

6

6

5

5

4

Pended

5

5

4

4

3

4

4

4

3

2

3

2

4

4

3

2

1

0

1

1/19

2

2

1

2

3

5

2/19

3/19

4/19

5/19

6/19

7/19

0

2

0

3

8/19

9/19

10/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

0

2

11/19

0

1

12/19

ISLE LA MOTTE VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

6

9

50%

$253,316

$346,666

37%

152

153

1%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

25

Pended 21 20

20

20

20

17 15

15

14 13 12 11

10 8

8

5 3

3 2

0

0

1/19

0

0

1

2/19

0

0

3/19

0

0

4/19

1

5/19

1

2

1 0

6/19

7/19

8/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

1

1

9/19

10/19

0

0

1 2

11/19

12/19

0

JERICHO VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

60

80

33%

$355,364

$379,459

7%

61

40

34%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

25

Sold

23

Pended

22

22

22 21

20

19 17

15

14

14

14 12

13

11

10

11

10

10

7

7 6

5

5 4

0

6

1/19

4

4

3

5

4

4

14

6

10

11

8

1 5

4

2/19

3/19

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

LEICESTER VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

7

15

114%

$233,985

$200,140

15%

99

87

12%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

16

15

Sold

15

Pended

14

13 12

12

12

10

9 8

8 6

6 5 4

4 3

2

3 2

2 1

0

3

2 1

1

0

2

0

1/19

2/19

3/19

1

1

1

1

1

1

0

3

0

0

5

2

2

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

MIDDLEBURY VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

81

93

15%

$264,373

$292,290

11%

59

62

5%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale 30

Sold

30

Pended

28

27

25

25 22

22

20

20

20 18

15

16

15

14

15

12

10

10

10

11

9

9 7

5

5

4

4 2

0

4

1/19

6

2/19

8

6

7

11

3/19

4/19

5/19

6/19

13

7/19

16

8

9

4

6

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

MILTON VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

131

144

10%

$286,922

$280,933

2%

59

46

22%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

40

Pended

35 32 30

30

28

27

25

23

20

23 20

19

22

22 20 18

19

17

15

17

16

14 13

12

10

10

9

8

7

7

5 0

3

1/19

2

11

7

16

17

17

20

14

23

8

12

2/19

3/19

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

NEW HAVEN VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

15

10

33%

$354,060

$351,450

1%

126

143

14%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

7

7

For Sale

7

7

Sold Pended

6

6

6

5

5

5

5

4

4

3

5

4

3

2

2

1

0

5

1

2

1

1

0

0

1

0

1/19

2/19

3/19

4/19

0

1

1

5/19

6/19

0

2

2

7/19

8/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

0

2

9/19

10/19

0

0

0

11/19

0

1

12/19

NORTH HERO VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

24

31

29%

$337,452

$269,858

20%

100

82

18%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

30

Pended 26

25

25 23

20

19

19

23

23

22

19

18

17

18

15

10 7

5 2

0

5

4 0

1/19

1 3

1 1

2/19

3/19

2

3

2

2

1

3

4

4

5

3

4/19

5/19

6/19

7/19

8/19

9/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

2

3

10/19

11/19

0

0

2

12/19

RICHMOND VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

29

34

17%

$341,958

$366,179

7%

61

31

49%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

14

Sold

13

Pended

12

12 11

11

10

10

9 8

8 7

7

6 5

5

5

5

5

4

4 3

3

2

2

4

3

3

2

2

1

0

1

2

4

0

1

4

5

7

2

1

6

3

1/19

2/19

3/19

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

RIPTON VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

8

6

25%

$218,437

$228,500

5%

102

161

58%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

5

5

5

For Sale Sold Pended

4

3

3

2

3

3

3

3

2

2

1

0

3

1

0

0

1/19

1

1

0

1

1

2/19

3/19

4/19

5/19

0

1

1

0

2

6/19

0

0

7/19

8/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

1

1

0

1

9/19

10/19

0

0

0

11/19

0

0

0

12/19

SALISBURY VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

15

12

20%

$274,400

$400,750

46%

78

162

108%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

12

Pended

11 10

10

10

8

8

8

8

7 6

6 5

5

5

4 3

3

3

2

2

2

1

0

0

2

1/19

0

0

2/19

0

0

0

1

3/19

4/19

5/19

6/19

0

4

4

7/19

8/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

0

0

9/19

1

0

10/19

11/19

0

0

0

12/19

SHELBURNE VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

88

98

11%

$450,857

$608,734

35%

49

52

6%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

30

Pended 25

25 21

20

20

22

21

18 16

15

16 15

14

0

11 12

11

10

5

14

13

10

9 6

10

9

8

6 4 3

1/19

5

6

7

2/19

3/19

4/19

10

5/19

4

16

11

9

10

5

9

4

6/19

7/19

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

SHOREHAM VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

17

16

6%

$271,099

$247,100

9%

207

146

30%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

30

Pended

25 22

20

19

19 17

19

17

16

17

16

17

17

17

15

10

5

0

5

0

1/19

1

0

0

2/19

1 0

3/19

1 0

4/19

3

2 2

3

1

1 4

5/19

6/19

7/19

8/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

1

1 3

1 1

9/19

10/19

11/19

0

0

0

12/19

S. BURLINGTON VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

377

351

7%

$344,574

$361,622

5%

72

49

32%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

80

77

Pended

72

70

67 64

63

59

60

55 52

50

48

48

46

45

40

38

39

37

36

34

30

20

34

31

29 25

23

22

25

10 0

14

1/19

20

2/19

16

3/19

25

4/19

42

5/19

38

6/19

47

7/19

31

39

26

25

28

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

SOUTH HERO VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

29

26

10%

$532,533

$469,646

12%

183

130

29%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

30

Sold

28

Pended

26 24 22

21

20

19

18 16

16 14 12

18

17

17 14

13 11

11

10

9

8

8 6

6 4 2 0

2 0

1/19

1 2

2/19

1 1

3/19

2

2

2

3

2

2

1

1 2

1 1

3

7

1

2

2

4

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

UNDERHILL VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

34

36

6%

$369,796

$333,547

10%

65

34

48%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

10

10

10

Sold Pended

9 8

8

8

8 7

6

6 5

6

6 5

5

5

6

6

5

4

4 3

2

2 1

0

1

1

0

1/19

2/19

0

0

0

3

3

6

8

3

3

3

6

3/19

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

VERGENNES VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

29

37

28%

$226,693

$243,959

8%

77

60

22%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

20

Sold

18 16 14

19

Pended

18

15 13

18

15

13

13

13 12

12

11

11

10

10

8

8

6 4

4

4 3

2 0

2 0

1/19

2

1

0

2/19

1

3

2

0

1

3/19

4/19

4

5/19

4

6/19

12

7/19

4

3

2

2

8/19

9/19

10/19

11/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

1

4

12/19

WEYBRIDGE VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

7

6

14%

$453,697

$524,416

16%

65

149

129%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

4

4

4

Sold Pended

3

3

3

3

3

2

2

1

0

1

3

1/19

0

0

2/19

1

3

1

0

0

1

1

3/19

4/19

5/19

6/19

0

3

2

2

1

1

3

0

2

7/19

8/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

0

0

9/19

0

1

10/19

0

0

11/19

0

0

12/19

WHITING VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

7

0

6%

232,714

-

9%

125

-

5%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

3

Sold

3

3

3

3

Pended

2

2

2

2

2

2

2

2

2

1

0

0

0

1/19

0

0

2/19

0

0

3/19

0

0

4/19

0

0

5/19

0

0

6/19

0

0

7/19

0

0

8/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

0

0

9/19

0

0

10/19

0

0

11/19

0

0

12/19

WILLISTON VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

168

158

6%

$346,851

$376,834

9%

56

59

5%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale Sold

40

35

Pended 35

35

35

33 31

30

29 27

26

28

25

19

19

17

17

16

15

14 12

10

21

21

20

12

12

10

9

9 7

5 0

8

1/19

5

12

11

11

17

2/19

3/19

4/19

5/19

6/19

18

7/19

16

17

20

14

16

8/19

9/19

10/19

11/19

12/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

WINOOSKI VERMONT

YEAR END 2018

YEAR END 2019

% CHANGE

62

59

5%

$285,423

$276,962

3%

52

38

27%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

10

Sold

8

8 7

9

Pended

9

8

7

8

8 7

7 6

6

6

6

6

6 5

5 4

4

4

5

5 4

4 3

3

3

2 1 0

1 5

1/19

4

5

2/19

3/19

4

5

5

7

9

3

5

3

4

4/19

5/19

6/19

7/19

8/19

9/19

10/19

11/19

12/19

0

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019

MLS#4723037

SOUTHERN VERMONT

CHAMPLAIN VALLEY

UPPER VALLEY

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 South Burlington: 802.864.0541

Fairlee: 802.333.4701 Hanover: 6 03.643.6070

NORTHEAST KINGDOM

SOUTHERN NEW HAMPSHIRE

St. Johnsbury: 802.751.7582

Bedford: 603.413.7600

CENTRAL VERMONT

LAKE SUNAPEE REGION

MONADNOCK REGION

New London: 603.526.4050

Peterborough: 603.924.3321

Rutland: 802.774.7007 Stowe: 802.253.7267 Randolph: 802.565.8136

LAKE WINNIPESAUKEE REGION Meredith: 603.677.7012

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