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With the second quarter complete, we can confidently say that sales are up 9% year-over-year for residential homes in Lamoille County for 2019. There has been a slight decline in both land and condominium sales. The condo inventory in Central Vermont has been low, and the decline in sales is not unexpected for this reason.

Summertime and early fall are popular times to list a home. Therefore, if you are looking to purchase soon you will find that it will be a good time of year to do so as there are plenty of options out there.

July-2019-Market-ReportIf you find yourself in a competitive situation as a buyer this season, there are a few considerations to keep in mind. Learn more about multiple offer scenarios in our blog post, Multiple Offer Scenarios – Should Buyers Compete?

If you are planning on listing your home soon, be aware that there may be more competition during this time of year. List your home at an appropriate price and make any necessary updates before listing. This can give your home a competitive edge. 

Working with a knowledgeable real estate agent can make your buying or selling process easy and enjoyable. Our experienced team would be more than happy to assist you with the purchasing or listing process. 

Contact us for more information on how to get started with your home ownership journey today!