Q1 - Q3 2018 Rutland County Market Report

Page 1

GREATER RUTLAND AREA

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#4652174

MARKET OVERVIEW

Q1-Q3 2018

KNOWLEDGE IS POWER We are proud to share our Q1-Q3 2018 Market Report for the Rutland County Vermont real estate markets. In this report you will find year over year market trends by Town in order to provide you with the most updated information so that you can make the most informed decisions as you evaluate your real estate options. Overall, the real estate market is experiencing a shortage of inventory available for sale during the Q1-Q3 of 2018 in Rutland County. Specifically, the number of properties sold decreased -9.2.% in units, however, the average sale price increased +11.2% and the average days on market decreased -12.5%. Now is a great time to sell if you are considering listing your home! The lack of inventory will continue to be a 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 and into the First Half of 2019 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 over 10 experienced Agents in our Rutland office 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 Rutland County. Staige Davis - CEO Buff McLaughry - President Alan DiStasio - COO Laurie Mecier-Brochu - Regional Manager Rutland Cover Property: MLS#4708496 Source: NEREN data for 1/1/17 - 09/30/17 and 1/1/18 - 09/30/18 for Rutland County residential properties.


BENSON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

5

3

40%

$226,200

$144,666

36%

76

528

594%

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

12

12 11

11

11

11

10

10

9

8

8

8

6

4

2

2 1

0

1

1

0

1

10/17

11/17

0

1

12/17

0

0

1/18

0

1

2/18

0

0

3/18

1 0

4/18

2

1 0

5/18

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

0

1

6/18

1

7/18

0

0

8/18

9/18


BRANDON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

33

26

21%

$139,700

$163,892

17%

144

164

6%

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

40

Sold Pended

34

32

31

25

25

24

24

24

23

33

32

23

21 18

16

8 6

0

5 6

10/17

2

6

11/17

0

4

12/17

1

1/18

5

4

5

3 1

4

2/18

3/18

3

4/18

2

5

5

1

5/18

6/18

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

4 4

7/18

4 4

3

8/18

9/18


CASTLETON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

45

41

9%

$220,314

$219,441

.4%

211

205

3%

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

60

Sold

55 50

56

Pended

53

52

50

57

56

55

47

46

44

45

42

41

40 35 30 25 20 15 11

10 5 0

3

4

10/17

3

6

4 2

1 1

11/17

12/17

2

1/18

10

1 4

1 3

2/18

3/18

0

4/18

3

5/18

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

3

5 7

6/18

9

7/18

5 9

4

8/18

9/18


CHITTENDEN VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

8

10

25%

$331,437

$447,570

35%

264

119

55%

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

20

Sold

20

Pended

18

17

16

15

14 12

12 10

10 8

12 10

9 8

8

8 7

6 4 3

3

3

2 1

0

0

10/17

1

3

2

11/17

12/17

0

1/18

1

1

1

2/18

0

0

3/18

0

4/18

1

2

5/18

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

1

2

6/18

0

7/18

0

1

8/18

1

3

9/18


CLARENDON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

12

13

8%

$219,250

$201,969

8%

81

155

91%

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 22

20

22

19 16

19

16

15

14 12 10

10

10

9

8

5

5 3

0

2 1

0

1 3

10/17

11/17

12/17

1 2

1/18

1 0

1 1

2/18

3/18

2

2 2

4/18

2

1

2

5/18

6/18

0

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

0

7/18

1 2

3

8/18

9/18


DANBY VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

13

11

15%

$236,193

$304,209

29%

165

419

154%

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 21

20 18

19

18

21

20

19 17

16

16

15

14

13

10

5

0

4

0

1

10/17

0

1

11/17

0

0

12/17

0

0

1/18

1 1

2/18

0

0

3/18

1 0

4/18

3

2 0

2

5/18

6/18

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

0

2

7/18

3 3

3

8/18

9/18


FAIR HAVEN VERMONT

Q1-Q3 2017

Q1-Q3 2018

19

19

0%

$109,568

$114,673

5%

212

144

32%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

% CHANGE

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

Pended

25

25

20

19

19

19

19

19

18

26

25

25

18

15

10

5

0

4 1

1 5

1 3

10/17

11/17

12/17

3

2 0

1/18

3

3

2

1

4

2/18

3/18

1

4/18

3

3

2

4

5/18

6/18

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

1 3

7/18

3 3

1

8/18

9/18


HUBBARDTON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

16

6

63%

$164,775

$238,500

45%

176

315

79%

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

20

20

Sold

19

19

Pended

18

17

17 16

16

16

16

16

17

16

14

14 12 10 8 6

6

4 2

2 1

0

3

10/17

1

0

11/17

1

2

12/17

0

1/18

1

0

0

2/18

3/18

0

1

4/18

1

1

0

5/18

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

0

2

6/18

1

7/18

1

1

1

0

8/18

9/18


KILLINGTON VERMONT

Q1-Q3 2017

Q1-Q3 2018

97

98

1%

$173,512

$175,632

1%

296

205

31%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

% CHANGE

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

140 126

Sold Pended

121 110

112

104

98

90

97

93

92

90

88 82

84

70

70

64

56 42 28 14 0

17

15 14

10/17

18

14 16

11/17

11 16

12/17

9

1/18

8

8

2/18

20

16 14

3/18

8

9 15

4/18

9

5/18

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

9

6/18

8

10

7/18

20

14

8/18

10

9/18


MENDON VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

12

12

0%

$165,483

$277,622

68%

128

168

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)

16

16

For Sale Sold Pended

14

14

13 12

12

12 11

10

10

10

8 7

7

7

7

6 4

4 3

2

2

2

2

1

0

3

1

1

5

1

10/17

11/17

12/17

1 1

1/18

1

0

1

1

3

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

0

1

8/18

9/18


MIDDLETOWN SPRINGS VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

6

6

0%

$125,883

$208,833

66%

198

82

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

12

12

Sold Pended

11

11

10

10

10

10 9

9 8

8

9

9

9

8 7

7 6 5 4 3 2

2

2

1 0

2

2

1

1

1

1

10/17

11/17

0

1

12/17

0

1

1/18

0

1

2/18

3/18

0

0

4/18

2

0

5/18

6/18

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

0

7/18

1

0

1

8/18

0

0

9/18


MOUNT HOLLY VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

18

15

17%

$160,722

$285,420

78%

372

249

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 Sold

40

Pended

36 32

32 30 28

28

27

26

25

24

24

23 21

23

21

21

20 16 12 8 4 0

4

3 0

10/17

2

0

11/17

0

5

12/17

2

0

1/18

0

2/18

2

4

3/18

2

1

4/18

2

3 1

3

5/18

6/18

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

4

3 0

7/18

1

1

4

8/18

9/18


PAWLET VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

13

12

8%

$221,130

$173,325

22%

184

163

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 22 20

20

18 16

16

16

15

15

13

13

14

13

12

10

5

4

3

2

0

3

2

3

1

10/17

11/17

12/17

0

3

1/18

3

0

0

2/18

3/18

0

1 1

4/18

2

5/18

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

0

2

6/18

1 2

7/18

1 1

8/18

2 1

9/18


PITTSFIELD VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

10

9

10%

$304,221

$240,711

21%

331

153

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)

18

18

For Sale Sold Pended

16

15

14

13

13 12

12

11

10

11

11

11

12

11

9

8 6 4 3

2

2 1

0

3

2

1

10/17

11/17

1

1

12/17

0

1/18

0

2

2/18

1

2

3/18

0

1

4/18

0

1

5/18

6/18

0

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

1

2

7/18

0

1

8/18

1

0

9/18


PITTSFORD VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

34

15

56%

$178,646

$192,846

8%

245

64

74%

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)

30

For Sale

27

Pended

Sold

24 22

21 18

20 18

17 15

15 13

12

12

12

15

12 9

9 6

5

5

4

3 0

22

1

1 3

1 3

10/17

11/17

12/17

1 1

1/18

1 1

0

2/18

3/18

1 1

4/18

2 3

4

5/18

6/18

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

0

3

7/18

1

1 1

8/18

9/18

0


POULTNEY VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

18

31

72%

$178,071

$214,248

20%

258

162

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

50 45

Sold

45

48

Pended

45

46 44 42

41 39

40

37

38

37

37

35 30 25 20 15 10 5 0

2 3

10/17

3

6

5

4 3

4

11/17

12/17

2 4

1/18

1 3

2

2/18

3/18

3

3

4/18

6 3

2 1

5/18

6/18

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

3

7/18

4 5

5

5

8/18

9/18


PROCTOR VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

19

16

16%

$129,003

$131,625

2%

142

128

10%

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

16 15

Sold

15

Pended

14

14

13

12

12

12

12

12

12

10

10 8 6

6

6

6

4 3

2

2

2

1

0

3

1

2

2

10/17

11/17

0

0

1

12/17

0

1/18

1

2

1

0

2

1

2

2

2/18

3/18

4/18

5/18

6/18

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

5

7/18

1

3

8/18

9/18


RUTLAND CITY VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

123

106

14%

$143,282

$131,740

8%

152

105

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

90 80 75

86

Sold

85

81

Pended

76

75

76

75 71

70

70 65

64

61

60

64

62

55 50 45 40 35 30 25

23

20 15 10 5 0

21

18 13

10 13

18

3 8

10/17

11/17

12/17

13

12

10

11

11

6 7

1/18

8

7

2/18

3/18

6

4/18

12

5/18

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

17

6/18

15

7/18

22

8/18

11

9/18


RUTLAND TOWN VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

34

31

9%

$202,082

$241,904

20%

181

76

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

40

Sold Pended

35

34

30 25

29 25

26

25

24

26

29

33

29

25

24

20 15

10 7

6

5 3

0

3

9

10/17

11/17

2

4

12/17

2

1/18

2

2

3 3

1 1

2/18

3/18

4

4/18

5

4 4

4

5/18

6/18

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

4 3

7/18

4

8/18

2

6

9/18


SHREWSBURY VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

5

7

40%

$299,980

$371,689

24%

61

276

353%

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)

14

14

14

For Sale

13

13

13

13

13

Sold

12

12

14

Pended

12 11

11

11

11

10 9 8 7 6 5 4 3 2 1 0

2 1

2

1

1

1

1

10/17

11/17

0

2

12/17

0

0

1/18

0

1

2/18

3/18

0

2

1 0

4/18

1 0

2

5/18

6/18

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

0

7/18

1

2

1

8/18

9/18


SUDBURY VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

7

2

71%

$221,642

$208,500

6%

137

146

7%

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

16

Sold

15

Pended

14

14 13

13

12

10

10 9 8

8

8 7 6

6

6

6

4 2 1

0

0

0

10/17

0

1

11/17

0

0

12/17

1 0

1/18

0

0

2/18

0

0

3/18

0

1

4/18

1

0

0

5/18

6/18

0

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

0

7/18

1

1 0

0

8/18

9/18


TINMOUTH VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

3

5

5%

$408,000

$245,800

40%

458

171

63%

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

11

Pended

10 9 8

8 7

7

7

7 6

6

6

5

4

5

4

2

2 1

0

0

1

10/17

0

0

11/17

0

1

12/17

0

0

1/18

1

2

1

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

0

7/18

1

0

8/18

9/18

0


WALLINGFORD VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

19

20

5%

$180,763

$249,075

38%

271

132

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

30

Sold

27

27

Pended

25

25

24 21

21

23

22

21

23

20

22

22

20

18 15 12 9 6 3 0

5

4 2 1

1

1 2

10/17

11/17

12/17

4 3

1/18

4

1 1

5

2/18

3/18

1 2

4/18

1 1

2

5/18

6/18

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

1 2

7/18

1 3

1 1

8/18

9/18


WELLS VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

24

19

21%

$178,537

$184,350

3%

263

265

.8%

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 Pended

71

70 60

67

66 63

61

61

60

58

57

53

55

53

50 40 30

20 14

10 0

10

9 19

10/17

7

11/17

4

9

12/17

5

1/18

7

6 7

11

9

4

9

2/18

3/18

5

4/18

15

5/18

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

10 5

6/18

10

9 10

7/18

7

6

8/18

9/18


WEST RUTLAND VERMONT

Q1-Q3 2017

Q1-Q3 2018

% CHANGE

13

17

31%

$118,753

$141,341

19%

294

152

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)

For Sale

14

Sold

13

Pended

12

12

12

11 10

10 9

9

10

10

10

9

8

8

6 5

4 3

2

2

3

2

2

2

2

1

0

2

0

10/17

11/17

0

4

12/17

0

1/18

0

1

2/18

1

2

1

3

3/18

4/18

5/18

6/18

0

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

6

7/18

1

2

8/18

9/18


MLS#4693268

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

FourSeasonsSIR.com Each Office is Independently Owned and Operated


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