July real estate sales improved slightly with14 transactions, the best month since November 2012 and an increase of 100% over the same period of2012. Of the14sales,4 were single-family homes,8 were condos and2 were building [...]
June real estate sales declined slightly with10 transactions, but wasup from just 4 sales in the same period of2012. Of the10 sales,5 were single-family homes,4 were condos and 1 was a land sale of 60 [...]
May real estate salesimproved to 13transactions, the best month since November 2012 and similar to May2012, when there were 11 sales.All13 saleswere condominiums-10 full-ownership condos,2 interval units and one condex. The full-ownership condos included a studio and a1BR Mountain Green, a Whiffletree 2BR, Fall Line 1BR, 3 Highridge condos, [...]
As a Realtor in the Killington area, the impact of Biggert-Waters on property values is already evident. On the recent sale of a property in Woodstock, the previous owner paid $1700/year for flood insurance. Under Biggert-Waters, the new owners rates went up to $8800 - a five-fold increase in the premium. A property listed in Chittenden, [...]
April real estate sales remainedlevel with 8 transactions, but declined by nearly 50% comparedthe levels seen in April of 2011and 2012. Of the 8 sales,3 were full-ownership condos,3 were interval units, one was a building lot in Robinwoodand one an auto-service station, formerly known as Habro,on the Killington Road. The full-ownership [...]
The market recovered some in March, as it does most years, with a total of 8 real estate sales in Killington. Of the 8 sales, 4 were full-ownership condos, 2 were interval units and two were fairly high-end single-family [...]
2013 kicked off exactly like 2012, with 7 sales in January and just 3 sales in February, comprised of a house on Roaring Brook Road and two condos, a Sunrise 2BR and a Pinnacle [...]
2012 Killington Real Estate Sales Summary
Total Number of Sales: 105 (up 9% from 2011)
Total Single Family Homes: 26 (up 73% from 2011) Median Price $219,500 (down 24% from 2011)
Total Multi-Family Homes: 3 (same as 2011) Median Price $280,000 (up 61% from 2011)
Total Full Ownership Condos: 58 (up 13% from 2011) Median Price $146,500 (down 14% from [...]
January was an odd month for real estate sales in the resort community, with jus 7 total sales, all condos, six of which were time-shares. The full ownership condo was a 1BR at Highridge, which sold for $110K. The rest were quarter-share properties at the Killington Grand [...]
Real estate took a holiday in December, dropping to just 6 sales in all of Killington. The six sales were comprised of three homes and three condos. The homes included a no-frills contemporary from the 1980s which sold for $159K, a log cabin for $248,150 and a spectacular new townhouse at The Vistas, which sold for $1,050,000. The condos [...]