CLOSED SALES Sales jumped markedly in August compared to recent months, with 11 sales comprised of five time-shares and six full-ownership sales. This marks the most active sales month in all of 2010. Two of the full-ownership properties and one of the time-shares were foreclosures and several of the remaining sales were exceptional values. [...]
Sales remained slow again in July, with four sales including three full-ownership condos and one interval unit at the Grand Hotel. The demand for ski in/ski out property continues to drive sales, with two of the three full ownership condos at Sunrise and one at the Trailside condominiums. Here are the July full-ownership [...]
After a robust month of sales in April, May slid to six properties sold and June fell further to just three sales. Sustaining the selling trend at Pico, two of the three sales were Pico condos, the third a Fall Line condo. Here are the [...]
May sales were slightly off from April's rally, but what a month for Pico! Of6 properties sold in Killington in May,4 were at Pico and there were some outstanding deals:
Mountain Green 2-G-6 - Mountain Green, located within walking distance of Snowshed Base Lodge at Killington. Top floor unit with trail views. Renovated and tastefully [...]
While February and March each had four closed properties, April showed a modest uptick with6 full-ownership sales and 5 quarter-share interval sales. The full-0wnership sales [...]
Pico sales are on fire and are almost at fire sale prices. Of 12 condominiums currently under contract in Killington, 7 are at Pico. Interestingly, 3 of the remaining 5 are at Sunrise, illustrating the high demand for ski in/ski out condos at Killington. [...]
While showing activity remained high,actual sales in Marchremained slow, but stable, matching the four sales closed in February:
February and March produced a significant uptick in showing activity, but actual salesremained slow, albeit on par with concurrent months. In February, the following properties sold in Killington:
NAR chief economist, Lawrence Yun, discusses trends in vacation and investment properties. Click here to see the full story.
Local REALTORS discuss latest real estate activity in Vermont. Click here for full article.
When it comes to the second home market, Kyle Kershner of Ski Country Real Estate in Killington is seeing modest signs of a turnaround.
Kershner said he's not only shown more homes in the last four or five weeks but has several pending sales. He said [...]