Manchester Vermont Real Estate Blog

The post holiday week was a slow one. The little activity we are seeing is at the lower end of the market as evidenced by the properties that closed and went under contract last week.

On to the weekly recap:

New Listings – 9 new properties came on the market last week ranging in price from $179,000 to $1,295,000.

Price Reductions – 13 properties were reduced in price with an average price reduction of 8.2%.

Under Contract – 1 property went under contract last week, it is listed under $250,000.

Sold – 3 properties closed last week: one sold for $66,500 which was 100% of asking price, one sold for $130,000 which was 93% of asking price and one sold for $170,000 which was 87% of asking price.