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Island Insights: August Activities in the Champlain Islands

Aerial shot of South Hero Village

Summer 2021 is flying by so far! Your local Island guides are here to ensure that you stay in the know about all of the remaining Champlain Island happenings. From live music to yoga, the month of August is full of awesome activities that you won’t want to miss. We have gathered just some of the top upcoming events in our close-knit community below. Also, make sure to stop by the Snow Farm Vineyard Thursday, August 12th as the team at CBIR will be there handing out local treats!

August 2021 Events

The GreenTARA space: Kraemer and Kin Brewery

Yoga at Kraemer & Kin
Kraemer & Kin will be hosting yoga sessions every Sunday throughout the month of August from 10:30am - 11:30am with instructor Majken Tranby, founder of Moodra Yoga.

Reserve a spot here.

Oliver, Jr. A Musical

Island Arts Center will be showcasing Oliver Jr. a Musical at the Homer Knight Barn August 6th - 8th. Purchase tickets. Island Arts also has a handful of events throughout the month of August including Tai Chi, concerts, and a variety of music lessons

See all events.

New Grand Isle Tasting Room
Ellison Estate Vineyard opened a new tasting room located on Grand Isle’s East Shore open on Thursdays and Saturdays 11:30am - 5pm. 

Book now.

South Hero Land Trust
Storywalks, Nature Ramble, and a Community Celebration Dinner are just some of the great events hosted by the South Hero Land Trust during the month of August.
Explore all events.

Wine Tasting at Snow Farm Vineyard

Live Music at Snow Farm
The Snow Farm Vineyard is a summer Island staple with Live Music every Thursday evening from 6:30pm - 8:30pm in South Hero.
See Live Music Line Up
See Snow Farm Event Calendar

Champlain Islands Farmers Market
Support your local farmers and makers at the Champlain Islands Farmers Market every Wednesday at St. Rosa Lima Church from 3pm - 6pm and Saturdays at St. Joseph’s Church from 10am - 2pm.

North Hero House Pier Bar and Grill

Live Music at Pier Bar
Head to the Steamship Pier Bar & Barbeque for Live Music from 5:30pm - 8pm every Wednesday and Saturday. Also, be sure to try out some of their new Summer BBQ 2021 menu items.


Vermont Market Update: June 2021

Infographic Vermont Real Estate Market Update for June 2021

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for June 2021. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.

School’s out, and as vaccination rates rise and America enters a new normal, the U.S. housing market continues along at a frenzied pace, with low interest rates and limited inventory fueling record high sales prices. May saw the median existing-home sales price exceed $350,000, a 24% increase and the largest year-over-year increase since 1999, according to the National Association of REALTORS®. Eager buyers are making multiple offers, some for well over asking price, while others are making offers on homes sight unseen.

New Listings decreased 3.3 percent for single-family homes but increased 27.1 percent for townhouse-condo properties. Pending Sales decreased 4.6 percent for single-family homes and 8.9 percent for townhouse-condo properties. Inventory decreased 43.9 percent for single-family homes and 34.0 percent for townhouse-condo properties.

The Median Sales Price was up 18.5 percent to $385,000 for single-family homes and 10.3 percent to $290,000 for townhouse-condo properties. Days on Market decreased 61.3 percent for single-family homes and 34.8 percent for townhouse-condo properties. Months Supply of Inventory decreased 51.7 percent for single-family homes and 41.2 percent for townhouse-condo properties.

The increase in sales prices comes with a slight decline in existing home sales nationwide, as homebuyers struggle with declining affordability amid a lack of inventory, forcing some buyers to simply wait it out in hopes of more inventory and less competition. Meanwhile, home builders are trying to meet the increased market demand, with housing starts up 3.6% in May from April, according to the Commerce Department. As we ease into new routines and look forward to a post-pandemic future, one thing remains certain: America desperately needs more homes.

Wondering what your home is worth in your current market? Get a free market analysis today! 

 

Hidden Home: Contemporary Colchester Retreat

 

Beautiful 4 bedroom 5 bath Contemporary built in 2012. This home is secluded on 3.2 private acres in the Mallets Bay area where you can moor your boat. The extensive professional landscaping and gardens were designed by Vermont Stone. Enjoy the tranquil sounds of waterfalls leading to a Koi Pond and patio. The gardens also include mature specimen trees and perennial gardens to enjoy through the year. 

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Island Insights: Keeping up with Coldwell Banker Islands Realty

'Island Insights Newsletter' Drone photo of 38 Community Lane

It is hard to believe that July marks one year since we moved into our new office at 38 Community Lane! Since the big move we have enjoyed the state of the art building designed by Nate Hayward of Hayward Design Build as well as the communal space and the synergy it brings. 

We are proud to announce that our success in 2020 has titled Coldwell Banker Islands Realty as a Bronze Level Premier Office. This designation is given to the top 32% of all Coldwell Banker offices in North America. Thank you to our community and clients for the continued support. Join us in also congratulating Co-Owner, Franz Rosenberger , who was named the 2020 Number One Coldwell Banker Sales Associate in the state of Vermont! Congratulations, Franz, on this outstanding achievement from all of us at Coldwell Banker Islands Realty.

The summer selling season has started off with a bang! So far in 2021, Coldwell Banker Islands Realty had 47 closings, listed 42 properties, has 19 active listings and 20 listings under contract.* While Grand Isle County is our home base, we have broken into new markets and are selling more homes than ever throughout Northwestern Vermont. The historically low inventory of homes for sale makes this a great time for homeowners to take advantage of one of the hottest real estate markets we’ve ever seen! 

In 2020, we transacted over $43.5 million of real estate sales in Grand Isle County! Our company’s success is proven in the numbers and we are dominating the lakefront and second home market in Grand Isle County. From 2017-2020, we have seen a 27% average annual growth rate. Our systems drive results and we continue to innovate ways to uniquely market homes.

Northwest Vermont Market Snapshot Infographic

 

Coldwell Banker Islands Realty: Proven in the Numbers

Summer selling season is heating up and there is no sign of it slowing anytime soon. In Grand Isle County, there have been 57 residential homes sold to date, a total of 77 listed, with an average sale price of $420,192. Currently, there are 36 active listings in Grand Isle County. The historically low inventory of homes for sale makes this a great time for homeowners to take advantage of one of the hottest real estate markets we’ve ever seen!

 

 

 

 

 

 

 

 

 

 

Our niche lakefront marketing strategies are proven in the numbers and have led us to dominate the lakefront and second home market in Grand Isle County. In 2020, we transacted over  $43.5 million of real estate sales in Grand Isle County!   From 2017-2020, we have seen a  27% average annual growth rate. Our systems drive results and we continue to innovate ways to uniquely market your home. 

Coldwell Banker Islands Realty has the marketing power, global reach and local expertise to get your home noticed by interested buyers. Our award winning Realtors are experts in the communities they serve and they will advocate for you throughout the sale of your home. 

Ready to get noticed? Coldwell Banker Islands Realty delivers exceptional marketing programs that drive results. Schedule a complimentary home consultation with a local real estate expert today! 

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