Wednesday, January 9, 2013

Shelburne Vermont Annual Real Estate Market Data and Trends from 2012

IMG_3660Shelburne Vermont Year End Data 2012
Based upon information provided by the Northern New England Real Estate Network (NNEREN) for all of 2012, there were 76 single family residential and condominium units sold within Shelburne Vermont with a total sold volume of $34,830,415. Compare that number to a total of 67 single family residential and condominium units sold in 2011 with a total sold volume at $31,105,114. These numbers indicate an increase in the actual number of sales from 67 to 76 from 2011 to 2012 (an increase of 13.43%) and an increase in total sold volume of 11.97%. The average sale price was down in 2012. In 2012, the average sale price of a home in Shelburne was $458,294.93 down from $464,255.43 a decrease of -1.28%.
Average days on the market  in 2012 was 132 compared to 127 in 2011 or an average increase of 4.17%.
Armed with solid numbers, buyers and sellers alike can manage their expectations and the current realities of our local market.
If you are considering listing your home for sale or buying a home, condominium or other property in Shelburne VT, please give me a call or email me to discuss the market and your options. I would be delighted to assist you. I can be reached on my direct line at 802.238.5256 or by email at Chris@ChrisHurdVT.com
As always, please feel free to post any thoughts and comments on Hurd’s The Word.
(These figures include sold numbers for single family residential and condominium only in Shelburne, Vermont only. All information deemed reliable but not guaranteed by the Northern New England Real Estate Network (NNEREN which supplies these figures.)

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