Real Estate Market

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Featured Listing

For Sale: $630,000

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August Market Update

Back to School! I always see the real estate market perk up again as soon as back-to-school advertising starts. We have enjoyed a wonderful summer with great sunshine, beach days, hiking, and biking. The annual harvest markets, celebrations at Shelburne Farms, Underhill Corn Roast, and the Champlain
Valley Fair are all coming soon!
 
The real estate market here in Northwest Vermont has had a good run this summer. The first of August sees continued lower levels of available homes, with 324 single-family homes and 119 condominiums, totaling 443 combined properties currently on the market in Chittenden County. By comparison, in 2015, there were 691 homes and 240 condos, totaling 931 properties, for sale—a very different market than what we are seeing today.
 
The number of single-family homes under deposit reached 156 as of August 1st an increase of 15% over the 136 deposits from 2018. Condominium deposits are slightly lower, with 59 units pending, down from 62 last year. There has been an 8.7% increase in closed single-family homes, with 735 sold by the end of July 2019.
 
We are looking forward to a strong fall with solid mortgage rates, continued lower inventory levels, and high demand. Buyers are taking advantage of these conditions in anticipation of higher interest rates looming on the horizon.
 
Here at the Nancy Jenkins Team, we are working to bring new and exciting properties to the market and match you with that special home. There are many homes, condominiums, new-construction, and land opportunities available. Check out www.nancyjenkins.com for our current listings.
 
The Nancy Jenkins Team is proud to announce the addition of Kristin Ouellette to our team as a Buyer Specialist. Kristin comes
with a background of sales and customer service. She looks forward to helping you find the perfect home! Our experienced
team is ready to assist you in reaching your goals both for your home, investment property or even a vacation home.
 
Enjoy the rest of our warm, sunny days and call us for all your real estate needs!


This Month's Coupon to Inspired Closets!


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CLIENT TESTIMONIAL and THANK YOU'S

“A true professional, seasoned, calculated. Nancy always know what to say, what not to say, and kept us calm during a sometimes stressful transaction. I would work with her again in a heartbeat!!”
Nina Lesser-Goldsmith - June 12th, 2019
 
SPECIAL THANKS TO FRIENDS WHO SENT US THEIR FRIENDS:
Tim Reynolds, San Kong, Bill Ramsey, Mary Jane Ballard, Eric Crucitti, Lori King, Jon Wood

 

©2019 Nancy Jenkins Real Estate

 

 

Contact Information

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Nancy Jenkins
Nancy Jenkins Real Estate
140 Kennedy Drive, Suite 102
South Burlington VT 05403
802-846-4888
Fax: 802-846-4899