Manchester Vermont Real Estate Blog

It was a beautiful weekend in Vermont, more like mid-May than mid-March. It provided a great opportunity to get a head start on the Spring clean-up of lawns and gardens. Hopefully some of our motivated sellers took advantage of the great weather to work on that all important curb appeal.

It was another slow week locally in terms of buyer activity.

New Listings – 9 new properties came on the market last week ranging in price from $115,000 to $535,000.

Price Reductions – 10 properties were reduced in price with an average price reduction of 7.9%.

Under Contract – 1 property went under contract last week, in the $200,000 - $300,000 price range.

Sold – 2 properties sold last week: one at $163,500 which was 92% of asking price, and one at $375,000, which was 94% of asking price.

April (mud season) is typically one of our slower times. Less visitors come to our area and many locals take the opportunity for some well deserved R&R after the hectic Winter season. It will be interesting to see if the early Spring continues or if we get hit with an April snow storm, and how that will play out in the real estate market.