Sales in December 2011 were up 50% over November, marking it the best month in volume since May 2011 and the highest median sales price since this blog has monitored the metric. There were 12 transactions in Killington in December 2011, comprised entirely of condominium sales. The condo sales included four quarter-shares at the Killington [...]
Sales in November improved again, marking the best month in volume since May and the highest median sales price since March 2011. There were 8 sales in Killington in November 2011, comprised of a single-family home on Anthony Way and 7 full-0wnership condominium sales. The condo sales included a 1BR Mountain Green at an all-new low price [...]
As predicted, October showed improvement over recent months, with 6 real estate transactions - the best month since July. Of the 6 sales, three were homes, including a camp with 115 acres, a small two-family on Dean Hill Road and a small chalet on George Street. Two of the sales were condos, including a 3BR Special at Pinnacle and a 3BR at [...]
September was a tough month for real estate sales in Vermont - it was a tough month for everyone in Vermont due to the devastating flooding from tropical storm Irene. But Vermont recovered quickly and once the roads re-opened, Vermont was back in business. While only three real estate transactions closed in Killington in September, demand [...]
I know, I'm still behind on updates, but catching up. From this post, you probably won't believe that this has been a good year in real estate, but as we get to September and beyond, we'll make up some [...]
Oops - a little late with the statistics, but things have actually been very busy in recent months. July was still slow, however, and down a little from June, with just 6 total sales, comprised of 1 single-family home and 5 condominiums. The condos included a 1BR quarter-share at the Killington Grand Hotel, a 1BR Edgemont, a 2BR at The [...]
It's certainly no mystery to me why Fannie Mae was downgraded by Standard and Poor's in August 2011. Here's how badly they just blew a perfectly good real estate transaction:
Fannie Mae owns a foreclosed condominium in Killington, VT. They rejected a full-price offer of $164K for the property, but accepted an offer of $142K by the same [...]
Real estatedropped off inJune with just 7 sales, compared to 15 in May.For year-over-year comparison, sales in May of 2010 totalled just 3. The 7 sales this May included 6 condominiums and 1 single-family home - a short sale at a bargain price. The condo sales includedtwo quarter-share sales at the Killington Grand Hotel,two1BRPinnacle [...]
Real estate sales remained strong in May with 15 sales - just one shy of the April peak of 16. For year-over-year comparison, sales in May of 2010 totalled just 6. The 15 sales this May included 9 condominiums, 4 single-family homes and 2 land parcels. The condo sales included 1 quarter-share sale at the Killington Grand Hotel, 2 Highridge [...]
Real estate sales improved vastly in April with16 sales -a 100% increase over the8 salesin March. For year-over-year comparison, sales in April of2010 totalled11 . The16 sales this April included 13 condominiums, 2 single-family homes and a commercial property. The condo sales included 7 quarter-share sales at the Killington Grand Hotel, 2 [...]