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Blog :: 12-2010

Killington Real Estate Sales - November 2010

CLOSED SALES

Sales in Killington continue to show inconsistency, dropping from 11 sales in October to 7 in November.Condo sales includeda 1BR Mountain Green, a Pico studio, a Pico 3BR/2BA, a 3BR Fall Line and a 3BR Topridge townhouse.A single-family residence and a building lot also closed this month.With more borrowers being able to procure financing,there appears to be an increase in the percentage ofproperty selling in the condominium sector.

Median sales price jumped markedly to $207,500, but with the small sample of properties, the luxuryTopridge unit likely skewed the results higher.

Click the link below to see all the homes and condos that sold in November:

2010 November Sales

PENDING SALES

There are currently 7 pending sales in Killington, including one quarter-share unit at the Killington Grand Hotel, a 2BR Mountain Green condo, a 2BR Whiffletree condo (foreclosure), a 1BR Pinnacle condo, one new construction townhouse atThe Heights and two single-family homes - one in the luxury level price range. Click the link below to see theKillington properties pending or under contingency contract at this point:

2010 November Pending Sales

Interest rates are up slightly, but there are still plenty of excellent values in this market. The inconsistencies in month-over-month sales, however, indicate that there is still a lack of consumer confidence in the economy, keeping most buyers on the sidelines.