Q1 2018 Market Report - Greater Rutland Area

Page 1

GREATER RUTLAND AREA

MARKET REPORT Q1 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#4423599

MARKET OVERVIEW

Q1 2018

KNOWLEDGE IS POWER We are proud to share our Q1 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 off to a mixed start in Q1 2018 for Rutland County. Specifically, the number of properties sold decreased -10.7% in units, however, total dollar volume sold increased +6.1% and the average sales price increased +18.4%. 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 Spring and Summer 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 20 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 Cover Property: MLS#4652174 Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18


BENSON VERMONT

Q1 2017

Q1 2018

% CHANGE

2

1

50%

$232,500

$160,000

31%

82

1315

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

1504%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

For Sale

12

Sold

12

Pended

11

12

12

11

11

10

10

10 9

8

8

8

8

6

4

2

2 1

0

0

0

4/17

0

5/17

0

0

6/17

0

7/17

0

1 3

8/17

1 0

9/17

1 0

1

10/17

11/17

0

1

12/17

0

0

1/18

0

1

2/18

0

0

3/18


BRANDON VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

7

8

14%

$137,142

$96,376

30%

141

172

22%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

For Sale

40

Sold

36 34

33

32

Pended

30 28 25

25

25

24

24

24 21 18

16

8

8 6

5

0

3

4/17

3

5/17

6

5 9

6/17

2

7/17

3

4

8/17

6

7

9/17

5 6

10/17

2

6

11/17

0

4

12/17

1

1/18

5

4 1

2/18

4

3/18


CASTLETON VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

14

9

36%

$103,182

$213,105

107%

179

426

138%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

70

For Sale

65

60

Sold

63

62

61

Pended

57 53 50

50

47

46

44

42

41

40

30

20

10 5 11

0 4/17

7

5 2

5/17

7

5 8

6/17

7

7/17

5

8/17

3

9

9/17

3

4

10/17

3

2

11/17

1 11

12/17

4

1/18

2

1 4

2/18

2 3

3/18


CHITTENDEN VERMONT

Q1 2017

Q1 2018

% CHANGE

1

3

200%

$255,000

$1,126,666

342%

102

487

378%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

16

For Sale

15

Sold

14

12

Pended

12

12

12 11 10

10 9 8

8

8

8

4 3 2

2

2

1

0

0

4/17

0

5/17

2

0

1

6/17

1 0

7/17

0

8/17

4

9/17

1

1

0

3

2

10/17

11/17

12/17

1

1

1/18

2/18

0

0

0

3/18


CLARENDON VERMONT

Q1 2017

Q1 2018

% CHANGE

2

3

50%

$244,500

$230,000

6%

11

381

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

3364%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

30

For Sale Sold Pended

25 21

20 18

17

19

18

17

16

15

14 12 10

10

10

9

5

0

1 1

4/17

3

2 2

5/17

3

2 0

6/17

2

7/17

0

5

8/17

1 0

9/17

2 1

10/17

0

11/17

1 3

12/17

1 2

1/18

2 0

1 1

2/18

3/18


DANBY VERMONT

Q1 2017

Q1 2018

% CHANGE

5

1

80%

$296,257

$55,000

81%

266

350

32%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

30

For Sale Sold Pended

25 21

21

20

20

20

20 18

18

19

18

19 17

16

15

10

5 2

2 2

0 4/17

2

5/17

1 1

6/17

1 1

7/17

1 2

8/17

1 0

9/17

0

1

10/17

0

1

11/17

0

0

12/17

0

0

1/18

1 1

2/18

1 0

3/18


FAIR HAVEN VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

2

5

150%

$117,450

$79,900

32%

391

115

71%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

30

For Sale Sold Pended

25 22

22 20

20

20

21

19

19

19

19

19

19

18

15

10

5

0

4 1 3

4/17

5

5/17

4

3 4

6/17

1 2

7/17

1 2

8/17

4 1

9/17

1

10/17

1 5

11/17

1 3

12/17

3

2 0

1/18

3 1

2/18

4

3/18


HUBBARDTON VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

4

1

75%

$60,100

$242,000

303%

72

92

28%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

30

For Sale Sold Pended

25

20

21

20

19

19

18

17 15

15

16

15

16

16 14

10

6

5

4

3

2

0

0

4/17

0

0

5/17

3

6/17

3

7/17

5

8/17

0

2

9/17

1 3

10/17

1 0

11/17

1 2

12/17

2 0

1/18

1

0

0

2/18

0

3/18


KILLINGTON VERMONT

Q1 2017

Q1 2018

% CHANGE

28

32

14%

$151,409

$187,313

24%

285

223

22%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

140

For Sale

134 126

126

131

126

Sold

126

124

Pended

121 110

112

104

98

93

92

90

84 70 56 42 28 14

17 11 6

0 4/17

8

5/17

17

11

6/17

6

7/17

17

14

12

10

15

8/17

16

9/17

15 14

10/17

18

14 16

11/17

11 16

12/17

9

1/18

8

8

2/18

14

3/18


MENDON VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

2

3

50%

$132,000

$239,333

81%

671

241

64%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

20

20

20

For Sale Pended

16

16

15 14

14 12

Sold

18

18

14

12 10

10 8

7

7

7

6 4

4 3

2

2 2

0 4/17

1

5/17

2

2 1

6/17

2 2

7/17

1

1

8/17

3

9/17

2 1

10/17

1

5

11/17

1

12/17

1

1/18

1

0

0

2/18

1

1

3/18


MIDDLETOWN SPRINGS VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

2

2

0%

$156,450

$261,500

67%

120

124

3%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

16

For Sale

15

14 12

Sold

14

12

12

Pended

12

12 11

11 10

10

10

8

8

7

6 4 2

2 1

0

0

0

4/17

1 2

5/17

2

1 1

6/17

1 1

7/17

2

0

0

8/17

0

0

9/17

1

1

10/17

11/17

0

1

12/17

0

1/18

1

0

1

2/18

3/18


MOUNT HOLLY VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

4

5

25%

$194,725

$242,900

25%

798

479

40%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

50

For Sale

45

Pended

40

Sold

41

40

38

37

35

35

32 30

30

30 28

27

26

25 21

20 15 10 5 3

0 4/17

3

1 4

5/17

1 2

6/17

3

7/17

1

2 2

8/17

0

3

9/17

3

4 0

10/17

2 0

11/17

0

5

12/17

2 0

1/18

0

2/18

2 4

3/18


PAWLET VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

4

3

25%

$179,975

$102,500

43%

296

174

41%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

30

For Sale Sold Pended

25 23

22

21

23

22

21

20

20

18

17

16

16

15

15

10

5

0

5

1 0

4/17

4

2 0

5/17

0

2 1

6/17

2

7/17

0

3

8/17

3

2 3

9/17

2

10/17

3

11/17

2 1

12/17

0

3

1/18

0

0

2/18

0

3/18


PITTSFIELD VERMONT

Q1 2017

Q1 2018

% CHANGE

3

4

33%

$280,238

$175,474

37%

242

194

20%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

30

For Sale Sold Pended

25 21

20 18 16

16

15

15

18

17

15 13 11

10

11

9

5 3

2 2

0 4/17

1 0

5/17

1

6/17

1 2

7/17

1 3

8/17

1 0

9/17

1 2

10/17

3

2 1

1 1

11/17

12/17

0

1/18

1 2

2/18

1 2

3/18


PITTSFORD VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

7

2

71%

$144,234

$144,600

.25%

112

58

48%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

30

For Sale Sold Pended

25

24

23

23

20

19

18

18

16

15 13

10

12

12

12

10

9

7

5

5 3

0

1 3

4/17

3

5/17

5

2 3

6/17

7

7/17

0

8

8/17

4

9/17

1

10/17

1 3

11/17

1 3

12/17

1 1

1/18

1 1

2/18

0

3/18


POULTNEY VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

8

11

38%

$194,286

$173,102

11%

232

180

22%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

For Sale

50

Sold

47

46

45

45

Pended

42

40

41 39

38

37

37

33

32

30

20

10 5

4 0

0 4/17

3

5/17

4

3

4

6/17

0

7/17

11

3

3

8/17

0

9/17

2 3

10/17

3

5

4 3

11/17

4

12/17

2 4

1/18

1 3

2/18

2

3/18


PROCTOR VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

6

2

67%

$120,777

$137,000

13%

302

83

73%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

16 15 14

14

For Sale

15

15

Sold

14

15 14

Pended

13 12

12 11

12

11

10 8 6 4

4 3

2

2

3

2

2

2

2 1

0

3

4/17

0

5/17

1

6/17

4

7/17

2

8/17

3

9/17

0

2

10/17

1 2

11/17

0

1

12/17

0

1/18

0

2/18

2

3/18


RUTLAND CITY VERMONT

Q1 2017

Q1 2018

% CHANGE

41

27

34%

$130,281

$92,464

29%

179

129

28%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

120

For Sale Sold 104

105

Pended

96

90

87

89

88

84

76

75

75 70 64

61

60

62

45

30 25

15

18

14

12 5

0 4/17

11

5/17

28

6/17

16

7/17

16

12 18

8/17

13 13

9/17

10 13

10/17

13

10 18

11/17

3 8

12/17

7

1/18

7

8

2/18

7

3/18


RUTLAND TOWN VERMONT

Q1 2017

Q1 2018

% CHANGE

6

7

17%

$205,802

$308,700

50%

148

30

80%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

40

For Sale

35

Pended

Sold

30

32

31

30 28

28 26

25

25

26

25

24

26 24

20 15

10

9

5

4 3

0 4/17

4 4

5/17

6

5 10

6/17

4 2

7/17

6 3

5

8/17

5

9/17

3

10/17

9

11/17

2

4

12/17

2

1/18

2

2

3 3

2/18

1

3/18


SHREWSBURY VERMONT

Q1 2017

Q1 2018

% CHANGE

NUMBER OF PROPERTIES SOLD

0

2

AVERAGE SALE PRICE

$110,250

AVERAGE DAYS ON MARKET

507

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

16

16

For Sale

15

Sold

14

Pended

14

13

13

13

13 12

12

12

11 10

10 8 7

6 4 2

2

2

2

1 1

0 4/17

0

5/17

1

1 1

6/17

0

7/17

1

1

8/17

1 0

9/17

1 1

1

10/17

11/17

0

2

12/17

0

0

1/18

0

1

2/18

3/18

0


SUDBURY VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

3

0

100%

$219,500

100%

242

100%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

9

9

9

9

9 For Sale

8

8

8

8

Sold

8

Pended

7 6

6 5

6

6

5

4 3 2 1 0

1

1

0

2

4/17

5/17

0

0

0

6/17

0

0

7/17

1

1

2

0

8/17

9/17

0

0

10/17

0

1

11/17

0

0

12/17

0

1/18

0

0

2/18

0

0

3/18


TINMOUTH VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

1

0

100%

$19,500

100%

45

100%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

12

For Sale

11

10

Sold Pended

10 9

9 8

8 7

7

7

6

6

5 4

4

4

2 1

1 1

0 4/17

0

5/17

0

0

1

6/17

1 0

7/17

1

1

0

1

8/17

9/17

0

1

10/17

0

0

11/17

0

1

12/17

0

0

1/18

0

0

2/18

0

3/18


WALLINGFORD VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

9

11

22%

$178,888

$208,190

16%

180

160

11%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

30 28

For Sale

28

21

25

24

24 21

20

Sold

27

27

Pended

25

22

21

20

21

18 15 12 9 6 3

5

4 2

2 3

0 4/17

1

5/17

1 1

6/17

1 3

7/17

2

2 2

8/17

0

2

9/17

1

1

1 2

10/17

11/17

12/17

4 3

1/18

1 1

2/18

5

3/18


WELLS VERMONT

Q1 2017

Q1 2018

% CHANGE

4

6

50%

$205,475

$151,583

26%

639

222

65%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

90

For Sale Sold

82

80

80 72

75

74

72

Pended

70 63

61

60

58

57

53

53

50 40 30 20 10

18 8 5

0 4/17

9

5/17

13

11

9

9 11

6/17

6

7/17

12

8/17

10

9 11

9/17

19

10/17

7

11/17

4

9

12/17

5

1/18

7

6 7

4

2/18

8

3/18


WEST HAVEN VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

1

0

100%

$120,500

100%

220

100%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

4

4

4

4 For Sale Sold Pended

3

3

2

3

3

3

2

2

1

0

3

2

2

1

0

0

4/17

0

0

5/17

0

0

6/17

0

0

7/17

0

8/17

0

0

9/17

0

1

10/17

0

0

11/17

0

0

12/17

0

0

1/18

0

0

2/18

0

0

3/18


WEST RUTLAND VERMONT

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Q1 2017

Q1 2018

% CHANGE

3

3

0%

$153,333

$139,000

9%

112

222

98%

Source: (Data) NNEREN 1/1/17 - 3/31/17 and 1/1/18 - 3/31/18 | (Graphs) Trendgraphix utilizing NNEREN data 4/01/2018 - 3/31/2018

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (APR. 2018 - MAR. 2018)

14

For Sale

13

13 12

12

Sold Pended

12 11

10

10

10 9

8

9

8

9

8

6

4 3

3

2

2 1

0

0

3

4/17

1 3

5/17

1

6/17

1 0

7/17

2

1 2

1

2

0

8/17

9/17

10/17

11/17

0

4

12/17

0

1/18

0

1

2/18

0

1

3/18


MLS#4656200

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 West Lebanon: 603.298.5155

SOUTHERN NEW HAMPSHIRE Bedford: 603.413.7600

FourSeasonsSIR.com Each Office is Independently Owned and Operated


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