Manchester Vermont Real Estate Blog

It’s confirmed, the market is firmly back in the doldrums after a brief flurry of activity at the beginning of the month. We have arrived at the end of the second quarter. Stay tuned next week for my mid year report. Have a happy and safe 4^th of July.

On to the weekly recap:

New Listings – 12 new properties came on the market last week ranging in price from $289,000 to $1,150,000.

Price Reductions – 17 properties were reduced in price with an average price reduction of 5.6%.

Under Contract – 3 properties went under contract last week, 1 under $250,000, 1 between $250,000 - $500,000, and 1 between $500,000 - $750,000.

Sold – 3 properties closed last week: one sold for $156,000 which was 98% of asking price, one sold for $236,000 which was 93% of asking price, and one sold for $370,000 which was 93% of asking price.