After a robust August, sales dropped off dramatically in September, with just1 full-ownership condominium, 2 timeshare condos and one deeded parking space closing escrow. In what would typically be one of Killington's peak months for sales, a single full-ownership property transfer could be unprecedented. Click the link below for details:
Three properties are currently under contract for sale, compared to nine in August, a marked decrease in activity. Of the three properties, one is a single-family home, one a full-ownership condo and one a timeshare. Click below to see the pending sales:
There continues to be an abundance of very well priced properties in Killington. With interest rates at all time lows, it's an excellent time to buy, but investor confidence remains low. Investors with a high tolerance for risk and those not afraid to buck the markettrends, stand to see considerable appreciation of their assets over time.