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 units, and one each at Trailside, Pico, Edgemont, The Woods, and Topridge, as well as one condominiumized duplex sale, known locally as a condex.
Median sales price, exclusive of interval ownership, jumped significantly from $187,000 in April to $202,500 in May, driven in partby a pair of slopeside homes in the luxury market segment.
Click the link below to see all the homes and condos that sold in May 2011:
Improved sales volume is a positive sign, but seeing activity across thebroader market segments is very encouraging, especially for sellers in the middle and higher priced segments.