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! 

We are pleased to announce that Paul Habersang has joined Coldwell Banker Islands Realty as a licensed sales associate. Learn more about Paul below. 

Paul has enjoyed living in the Green Mountain State since 2011, when he relocated from his native state of Connecticut for a new career opportunity. He is a seasoned professional with many years’ experience in sales, customer service, and relationship development. Throughout his career both in corporate and non-profit settings, Paul has always believed that timely responsiveness to client inquiries and consistent follow through on commitments are two key elements that drive customer satisfaction. In the business of transacting real estate, both timely responsiveness and following through on commitments are key when striving for a successful outcome!

Paul earned a Bachelor of Science degree in Business Management from Quinnipiac University in Hamden, CT. He worked in the electrical industry for nearly twenty years with both General Electric and Square D Companies. During that time, several job transfers around the country required the sale and purchase of a number of homes. As a result, Paul understands and appreciates the purchase and sales process, particularly by recognizing that the sale or purchase of a home is often the biggest transaction of one's life! 

In 2008, Paul earned a Masters of Divinity from the General Theological Seminary, New York City, and has served in several capacities within The Episcopal Church USA. Paul is a believer in giving back to the community and dedicates some of his time to serving on a Professional Advisory Team at the UVM Medical Center in Burlington while also serving on the Board of Trustees for the Brookhaven Treatment and Learning Center, Chelsea, VT. Paul enjoys staying physically active and working outdoors. He is the proud father of two adult sons and currently resides in South Burlington. 

Connect with Paul Habersang today!

See the latest Northwestern Vermont real estate market report presented by NVBR below.

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for November 2020. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.

November saw the Dow Jones Industrial Average top 30,000 for the first time, while mortgage rates reached new record lows again. These new records have provided encouragement for buyers to move forward on home purchases, which continued to remain strong overall for the month.

New Listings decreased 2.2 percent for single-family homes and 38.6 percent for townhouse-condo properties. Pending Sales increased 21.5 percent for single-family homes but decreased 9.6 percent for townhouse-condo properties. Inventory decreased 52.2 percent for single-family homes and 55.6 percent for townhouse-condo properties.

The Median Sales Price was up 17.2 percent to $358,500 for single-family homes and 7.0 percent to $259,000 for townhouse-condo properties. Days on Market decreased 30.2 percent for single-family homes and 48.1 percent for
townhouse-condo properties. Months Supply of Inventory decreased 55.6 percent for single-family homes and 56.5 percent for townhouse-condo properties.

Showing activity remains higher than the same period a year ago across most of the country, suggesting that strong buyer demand is likely to continue into what is typically the slowest time of year. With inventory remaining constrained in most market segments, sellers continue to benefit from the tight market conditions.

See the latest Northwestern Vermont real estate market report presented by NVBR below.

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for October 2020. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.

October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers remain a common occurrence in many areas, keeping housing hot while the temperatures continue to fall.

New Listings decreased 0.9 percent for single-family homes and 25.6 percent for townhouse-condo properties. Pending Sales increased 15.7 percent for single-family homes but decreased 4.4 percent for townhouse-condo properties. Inventory decreased 47.5 percent for single-family homes and 51.1 percent for townhouse-condo properties.

The Median Sales Price was up 18.5 percent to $339,500 for single-family homes and 0.2 percent to $277,500 for townhouse-condo properties. Days on Market decreased 34.4 percent for single-family homes and 47.8 percent for townhouse-condo properties. Months Supply of Inventory decreased 48.8 percent for single-family homes and 54.5 percent for townhouse-condo
properties.

Mortgage rates dropped to new record lows again in October, helping to offset the monthly mortgage payment increases caused by the rise in home prices seen in many segments of the market across the country. While prices often dip a bit in the winter months, continued buyer demand may temper any price retreats this year.

See the latest Northwestern Vermont real estate market report presented by NVBR below.

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for September 2020. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.

Strong buyer activity has continued into the fall, which is normally the start of the seasonal slowing of the housing market. With stronger buyer activity in the market this year and the continued constrained supply of homes for sale, speedy sales and multiple offers are likely to remain a common occurrence and will keep the housing market hot even when the weather is cooling.

New Listings increased 9.2 percent for single-family homes and 14.9 percent for townhouse-condo properties. Pending Sales increased 26.8 percent for single family homes and 10.6 percent for townhouse-condo properties. Inventory decreased 48.9 percent for single-family homes and 43.1 percent for townhouse-condo properties.

The Median Sales Price was up 11.1 percent to $342,250 for single-family homes and 6.4 percent to $284,000 for townhouse-condo properties. Days on Market decreased 4.3 percent for single-family homes and 40.9 percent for townhouse-condo properties. Months Supply of Inventory decreased 51.1 percent for single-family homes and 45.5 percent for townhouse-condo
properties.

While mortgage rates remain near record lows, The Mortgage Bankers Association reports that lending standards are tightening, which makes it a bit more difficult for some buyers to qualify. At the same time, unemployment remains substantially higher than a year ago due to COVID-19. Despite all this, buyers are out in full force this fall, showing amazing resilience in the middle of a pandemic.