2016 ANNUAL MARKET REPORT
Knowledge is Power We are proud to share with you our Vermont and New Hampshire 2016 Annual Market Report. Our focus is to ensure that our clients (whether selling or purchasing real estate) have comprehensive information in order to make informed decisions. Ultimately, your success is ours.
I
n this report, you will find year over year market trends in order to help you identify where the market is headed. Please don’t hesitate to contact one of our Associates for more detailed information. We hope you find our Full Year Market Report for 2016 helpful as you
evaluate your real estate options. At Four Seasons Sotheby’s International Realty, we are committed to providing the highest level of service and expertise to buyers and sellers alike in all price categories. It will be our privilege to serve you.
Staige Davis, CEO
MLS#4605598
NORTHEAST KINGDOM REPORT
Total Sales in Units were down slightly across the board:
- St. Johnsbury -10.4% - Lyndon -9.3%
Average Sale Price varied by town: - Greensboro +33.9%
$
- St. Johnsbury +21.9% - Lyndon +26.3%
Average Days on Market decreased for a majority of towns: -S t. Johnsbury, Burke and Lyndon Lyndon all decreased -G reensboro and Orleans exhibited an increase
TOTAL SALES IN UNITS Number of Sales
KEY
70
-10.4%
2016 Annual
67
2015 Annual
60
52.5 -9.3%
43 39
35 -19.2%
26 21
-35.7%
17.5
-50.0%
14
14
9
7
Note: Small bases can lead to significant percentage increases/decreases and should be used cautiously.
ur y ohns b St. J
s Orle an
Lynd on
Burk e
Gree
nsbo
ro
0
Source: NEREN 2015-2016
NORTHEAST KINGDOM REPORT
AVERAGE SALE PRICE Average Sale Price 240,000
-13.2%
KEY
+33.9%
2016 Annual 2015 Annual 180,000 +26.3% +21.9%
120,000 -22.0%
108k
131k
90k
70k
118k
148k
235k
204k
167k
224k
60,000
Note: Small bases can lead to significant percentage increases/decreases and should be used cautiously.
bury ohns St. J
s Orle an
Lynd on
Burk e
Gree
nsbo
ro
0
Source: NEREN 2015-2016
AVERAGE DAYS ON MARKET Average Days on Market 280
KEY
+17.5%
2016 Annual
262
2015 Annual 223
210
-17.9%
+1.7% -3.7%
157
140
-9.8%
163
178
179
175
153
147
138
70
Note: Small bases can lead to significant percentage increases/decreases and should be used cautiously.
bury ohns St. J
s Orle an
n Lynd o
Burk e
Gree
nsbo
ro
0
Source: NEREN 2015-2016
VERMONT & NEW HAMPSHIRE OFFICE LOCATIONS
NORTH EAST KINGDOM
CHAMPLAIN VALLEY REGION
GREAT NORTH WOODS REGION
South Burlington 802.864.0541
Stowe 802.253.7267 St. Johnsbury 802.751.7582
Vergennes 802.877.3232
Randolph 802.565.8136
Middlebury 802.388.1000 CENTRAL VERMONT REGION
Rutland 802.774.7007
UPPER VALLEY REGION
Fairlee 802.333.4701
WHITE MOUNTAIN REGION
Meredith 603.677.7012
Hanover - Main St. 603.643.6400 Hanover - Lebanon St. 603.643.6070 West Lebanon 603.298.5155
UPPER VALLEY REGION
Wolfeboro 603.941.1000
LAKES REGION
Okemo 802.228.4537 Manchester 802.362.4551
Mount Snow 802.464.1200
Bromley 802.824.3113 SOUTHERN VERMONT REGION
New London 603.526.4050
LAKE SUNAPEE REGION
Stratton 802.297.1100
MERRIMACK VALLEY REGION MONADNOCK REGION
SEACOAST REGION
Bedford 603.413.7600