Property for sale in Vermont
It borders Massachusetts to the south, New Hampshire to the east, New York to the west, and Canada to the north
If you are looking for property for sale in Vermont you have to read our report on this country.
Vermont is a state in the north-eastern of United States known for its natural landscape, mainly covered with forests. Vermont is also famous for over 100 covered bridges, made in wood and dating back to the 19th century, and for the massive production of maple syrup.
The mid-year report is an important milestone for real estate trends, particularly in north-western Vermont. We are in the middle of the traditional market height.
The number of property for sale in Vermont in all categories, including single families, apartment buildings, multi-family properties, land and luxury, in North-western Vermont is high during the first half of 2017. It is a positive sign after a moderate, but decline long-term unit sales. The average sales prices continued to rise for sales. Average sales prices were added to 2.0%.
The Vermont market reflects the current national trend of low inventory levels.
Also rising mortgage rates are a factor. In 2012, mortgage rates rose from 4% to 4.5%, which increased the urgency of some buyers to buy property for sale in Vermont.
Here sales people saw a strong demand for purchases, particularly in price segments of less than $ 350,000.
For the first time in June in 10 years, prices of property for sale in Vermont are lower with a decrease of 3.5% compared to June of the previous year.
The housing landscape has changed in the last year, with the federal government implementing a stress test on January 1, which concerns the interests of the future.
For the month in a row, real estate sales have expired.
Residential sales decreased by 13.7% compared to June 2017; sales of residential properties decreased by 13.3% and condominium sales fell by 15.6%.
More recent sales are going on and expect to continue in the fall.
Some areas of the local market are better than others such as Dunnville and Grimsby.
Particularly active areas in recent years, such as Hamilton East, Hamilton Center and Burlington, continue to succeed less sales.