Looking to sell a property in Northwest Vermont? Consider tapping into the expertise of local real estate agents who are familiar with the market conditions, neighborhood trends, and pricing strategies that can help you get the most value for your home. With our top-tier services, you can benefit from our years of experience, negotiation skills, and access to exclusive resources that can make your transaction smoother and more successful. Some of our services include:

- Individual Property Site - HDR Photography - Professional Video Tour - Drone Photos & Video - Social Media Marketing - Web Syndication - In-house Graphic Design - Direct Mail Marketing

- Closing Coordination - Transaction Support - Email Marketing - Staging Consultation - Buyer Screening - Open House - Global Luxury Listing - Luxury Print Materials

Every situation is unique and deserves representation that will look out for your best interest, showcase your home in the best possible light and maximize exposure. Coldwell Banker Islands Realty is here to help you sell your property with confidence. To learn more about how our services can benefit you, please call us at (802) 372-5777 or connect with an agent directly.

 

 

 

Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also down, declining 4.1% as of last measure, according to the National Association of REALTORS^®. Builders are working hard to ramp up production—the U.S. Census Bureau reports housing starts are up 22.3% compared to a year ago—but higher construction costs and increasing sales prices continue to hamper new home sales, despite high demand for additional supply.

New Listings decreased 12.7 percent for single-family homes and 12.5 percent for townhouse-condo properties. Pending Sales decreased 7.7 percent for single-family homes and 21.9 percent for townhouse-condo properties. Inventory decreased 38.2 percent for single-family homes and 33.3 percent for townhouse-condo properties. The Median Sales Price was up 20.7 percent to $420,000 for single-family homes and 21.0 percent to $337,500 for townhouse-condo properties. Days on Market decreased 26.3 percent for single-family homes but increased 14.8 percent for townhouse-condo properties. Months Supply of Inventory decreased 38.5 percent for single-family homes and 25.0 percent for townhouse-condo properties.

Across the country, consumers are feeling the bite of inflation and surging mortgage interest rates, which recently hit 4.6% in March, according to Freddie Mac, rising 1.4 percent since January and the highest rate in more than 3 years. Monthly payments have increased significantly compared to this time last year, and as housing affordability declines, an increasing number of would-be homebuyers are turning to the rental market, only to face similar challenges as rental prices skyrocket and vacancy rates remain at near-record low.

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