Vermont real estate

Why Spring is a Great Time to Sell Your Home

Spring Selling in Vermont

Are you considering putting your home on the market? If so, springtime is a great time of year to do so in Vermont. As the flowers bloom and the temperature rises, the local real estate market heats up as well. Here are several reasons why spring is an excellent time to sell your Vermont property:

1. High Demand:

Spring often sees an increase in buyer activity. Over the last few years, the demand for homes in Vermont has risen greatly and there is no sign of it easing. This is a great opportunity for homeowners thinking of selling. With the end of the winter season, many people are now ready to embark on their home-buying journey. Many people also prefer to go through the moving process in warmer weather rather than in the middle of winter.

2. Curb Appeal:

During spring, your home is likely to look its best. With trees blossoming, lawns turning green, and flowers in full bloom, the exterior of your property can make a lasting impression on potential buyers. Take advantage of this natural beauty to enhance your home's curb appeal and attract more interested parties.

3. Longer Days:

With daylight extending into the evening hours, prospective buyers have more time to view properties after work or on weekends. This increased daylight allows for more flexibility in scheduling showings, making it easier for buyers to explore homes during the spring months.

4. School Year Timing:

For people with school-age children, moving during the summer months offers the least disruption to the school year schedule. By listing your home in the spring, you allow this subset of buyers to find a new home and settle in before the next school year begins. This can be a significant factor for many people when considering a move.

5. Favorable Weather:

Spring weather is generally more pleasant compared to the extremes of winter and summer. Mild temperatures and sunny skies make house hunting more enjoyable for buyers, encouraging them to venture out and explore available properties.

If you're contemplating selling your home, spring presents an opportune time. The combination of high demand, enhanced curb appeal, longer days, consideration for the school year, and favorable weather conditions make spring an attractive season for both buyers and sellers alike. 

By leveraging the unique advantages of the spring season, you can maximize your chances of a successful and timely sale. Are you ready to take the next step? Contact us today to discuss your selling goals and learn how we can help you navigate the spring selling season successfully.

 

Embracing Mud Season in Vermont: 10 Activities to Enjoy

Mud season is upon us in Vermont. Stick season doesn’t always get the best rap but with a little creativity and an adventurous spirit, there are plenty of activities to enjoy during this transitional time of year. From scenic walks to unique events, here are 10 ways to make the most of mud season in the Green Mountain State.

Bike Along The Island Line Trail

As the snow melts and the trails become muddy, take advantage of the Burlington Greenway. The iconic Island Line Trail is a 14-mile rail trail that runs along the shores of Lake Champlain and takes you from Burlington out to the Colchester Causeway which runs three miles into the middle of Lake Champlain! This scenic route is great for a stroll or bike ride offering stunning views of Lake Champlain, the Adirondacks, and the Green Mountains along the way.

Find Live Music

Vermont has a vibrant music scene, even during mud season. Check out venues such as Higher Ground or restaurants and bars such as Nectars in downtown Burlington for live performances ranging from local indie bands to moody jazz ensembles.

Tastings at Local Breweries

Vermont is known for its craft beer, and in between weather is the perfect excuse to go sample some local brews. Visit breweries like Zero Gravity Brewery in Burlington, Vermont or Two Heroes Brewery in South Hero, Vermont for tastings and lunch!

Find a Spot to Watch the Solar Eclipse

On April 8th, 2024, the northern region of the Green Mountain State will be in the path of totality for this historic celestial event. Amid this cosmic spectacle, the Lake Champlain Islands region of Vermont emerges as a premier destination for eclipse enthusiasts. Many local businesses are hosting eclipse watch parties to view the phenomenon in the Champlain Islands. 

Go See Baby Farm Animals

Springtime in Vermont means baby animals are being born on farms across the state. Visit local farms such as Shelburne Farms in Shelburne, Vermont, or Dreamwalker Farm in Grand Isle, Vermont to see adorable lambs, fluffy chicks, goat chicks, calves, and more! 

Go Shopping on Church Street

Nestled in the heart of Burlington, Vermont, Church Street Marketplace offers an eclectic and vibrant shopping experience like no other. As mud season transitions the landscape, this pedestrian-friendly street remains bustling with activity, inviting visitors to explore its charming boutiques, art galleries, and specialty shops.

Visit Local Maple Sugarhouses 

Experience the magic of the sugaring season by visiting local sugarhouses. Mark your calendar for the annual Maple Open House Weekend when sugarmakers invite folks into their sugaring operations. Learn how maple syrup is made, sample fresh maple syrup, and other maple treats such as maple donuts and hot dogs. 

Spring Skiing in the Green Mountains

While the ski season may be winding down, there's still time to hit the slopes in Vermont. Enjoy warmer temperatures and softer snow before the mountains close for the season. There are a handful of top-notch ski resorts, all just a stone's throw away from Burlington, Vermont. Before planning your spring skiing adventure, be sure to check the closing dates for local mountains. Typically, ski resorts in Vermont close in April, so seize the last opportunity to carve some turns! 

Mud season in Vermont may be muddy and unpredictable, but it's also a time of renewal and transition. With these activities, you can embrace the unique beauty and charm of this season in the Green Mountain State. So grab your boots, bundle up, and get ready to make some muddy memories in Vermont!

Hidden Home: Year-Round Champlain Island Home

 

March’s move-in ready home is hidden in plain sight! From the moment you pull up the driveway, you'll be wowed by the privacy and peaceful setting of this four-bed, two-bath home. The residence is located on 5.24 beautiful acres in a convenient Grand Isle location with views and pristine lake frontage. This home is currently for sale.

Navigating the Northwest Vermont Real Estate Market: Trends For January 2024

January 2024 Market Trends In Northwest Vermont

Welcome, future homeowners and sellers! Today, we're diving into the bustling real estate scene of Northwest Vermont. Whether you're considering buying or selling, understanding the latest trends and statistics is crucial. Let's break down the key points from January 2024 to help you make informed decisions. These statistics are for single-family home sales in Grand Isle, Franklin, and Chittenden County. 

Median Sales Price:

  • In January 2024, the median sales price for single-family homes in Northwest Vermont stood at $460,000. This figure marks a 5.7% increase from the previous month and a substantial 7% rise from January 2023. For buyers, this signals a growing market where property values are appreciating, potentially leading to higher investment returns in the long run. Sellers can rejoice at the prospect of fetching better prices for their homes, reflecting a healthy and competitive real estate landscape.

Closed Sales:

  • Despite a 13.5% decrease from the previous month, January 2024 saw a 23.9% increase in closed sales compared to the same period last year. This suggests a robust demand for homes in Northwest Vermont. Buyers should be prepared to act swiftly when they find a property that meets their needs, as competition remains stiff. Sellers can leverage this demand to their advantage, but pricing their homes competitively and ensuring they stand out in a crowded market will be key to attracting buyers.

Median Days On Market (DOM):

  • The median DOM rose significantly to 25 days, marking an 85.2% increase from the previous month and doubling from January 2023. This shift indicates a slight cooling in the market compared to the rapid pace seen in previous months. Buyers may find more breathing room to conduct thorough inspections and negotiations, while sellers should be mindful of pricing strategies to avoid prolonged listing periods.

List Price Received:

  • Sellers received approximately 99.7% of their list price in January 2024, reflecting a slight dip from the previous month and a marginal decrease from the same period last year. While this may signal a slight softening in negotiations, it still indicates a seller-friendly market where buyers are willing to meet asking prices. Buyers should be prepared to negotiate effectively, while sellers should aim for realistic pricing to attract motivated buyers.

Active Inventory:

  • The active inventory in Northwest Vermont decreased by 19.2% from the previous month but increased by 4.3% compared to January 2023. This suggests a tightening of available housing stock in our area, potentially leading to increased competition among buyers. Buyers should act decisively and consider broadening their search criteria to find suitable options. Sellers, on the other hand, may benefit from listing their properties in a market with limited inventory, potentially leading to quicker sales and favorable terms.

Months Supply of Inventory (MSI):

  • The MSI decreased to 1.3 months, marking a 6.6% decrease from the previous month and a 15.8% decrease from January 2023. A lower MSI indicates a seller's market, where demand outpaces supply. For buyers, this means facing heightened competition and possibly needing to make stronger offers to secure a desired property. Sellers can capitalize on the low MSI by strategically pricing their homes and leveraging the scarcity of available inventory to their advantage.

Northwest Vermont Market Review By County:

Chittenden County:

  • Active Inventory = 80
  • Median Sales Price = $523,500
  • Median Days On Market = 12
  • Closed Sales = 78
  • List Price Received = 100.6%

Franklin County:

  • Active Inventory = 49
  • Median Sales Price = $327,500
  • Median Days On Market = 34
  • Closed Sales = 24
  • List Price Received = 97.6%

Grand Isle County:

  • Active Inventory = 22
  • Median Sales Price = $420,000
  • Median Days On Market = 44
  • Closed Sales = 7
  • List Price Received = 97.4%

In conclusion, the Northwest Vermont real estate market continues to exhibit strength and resilience, with both buyers and sellers finding opportunities in the current landscape. Whether you're looking to buy or sell, staying informed about market trends and statistics is key to making sound decisions.

Ready to explore your options further? Contact us today for a personalized market analysis tailored to your area of interest. Let's navigate the Vermont real estate market together! Contact us now for a complimentary market analysis of your area!

 

February 2024 Monthly Newsletter: Winter Fun & Market Insights

A warm welcome to our February newsletter! As we enter into the thick of winter, we're here to share local events, hot market stats, a hidden lakefront home tour, and some featured properties! 

Lake Champlain Winter Event Guide

Don't miss out on February fun in the Lake Champlain area! From live music nights to winter carnivals there is something for everyone to enjoy. 
Read Winter Guide 



Hidden Home

February’s Hidden Home is nestled on Lake Champlain's Inland Sea. This one-level residence features 200 feet of gradual lake frontage.


Featured Listings

Lot 5 Four Winds Ln, North Hero, VT
Price: $150,000

67 & 74 E Shore S, Grand Isle, VT
Price: $635k - Price reduced!

Visit our website to view these listings and see more available office listings.

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