Blog :: 01-2016

Now Available--65 Neil Road in Berlin, Vermont

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This is something you don't see everyday. Here's a 2007 single wide with a gigantic updated kitchen. Big kitchen island, custom cabimets, and modern appliances. You could have 20 people over for a party, and no one would be cramped!  

65 Neil Road in Berlin has two bedrooms, including a master bedroom with an en-suite bathroom. The second bedroom is, admittedly, on the small side. But definitely big enough for a twin bed, or to be used as an office.

New laminate flooring in the living room, and a cozy Vermont Castings electric stove for just a little more ambiance.

65 Neil Road Berlin KitchenThis mobile home sits on a poured concrete pad, and is on just over an acre of level, grassy yard.

And the cherry on the top of the sundae? The big, two car garage with finished space above it. Teen hangout? Studio? Game room? Tons of opportunity with this space. Honestly, even if you just wanted to use it for additional storage, that would be fine. We don't judge.65 Neil Road Berlin Garage and Yard

65 Neil Road in Berlin is just minutes from Montpelier, Northfield, and Norwich Univeristy. Jump on Route 12 (paved all the way!) and it's easy to get to the restaurants of Montpelier, or to enjoy the Norwich facilities (hockey games, basketball games, football games, museum, etc.)

 

 

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    2015 Real Estate--Year in Review Montpelier, Barre, Northfield, Waterbury Vermont

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    2015 Real Estate Year in Review

    Montpelier, Barre, U32, Waterbury, Northfield


    Number of Sales

    Looking at the table below, it’s pretty darn easy to see the clear overall increase in number of sales. Every town in the survey had increases from 2014 to 2015. Some towns (Barre City) had smaller increases, and other towns (holy cow--Waterbury!!) had big increases.



     

    2015

    2014

    2013

    Barre City

    76

    71

    56

    Barre Town

    99

    81

    68

    Montpelier

    64

    49

    49

    U32

    48

    37

    46

    Northfield

    46

    33

    34

    Waterbury

    63

    34

    37

    Total

    396

    305

    290




    Selling? Looking for advice on getting your house ready for sale? Call, text or email. All our advice is FREE!

    Average Sale Price

    The average sale prices have been more of a mixed bag, with the majority of towns posting small decreases. Barre City is on a two year slide, but that’s not going to last long. The number of sales will bolster those prices soon enough!



    Taken as an average across the market, prices are remarkably stable. Weighted average sale prices inched up from $203,000 to $205,000. Nothing terribly exciting, although we would generally like to see a little more appreciation.



    This Year and Next Year

    We’re proud of how many buyers and sellers trusted us to do the job this year.  In 2015, Green Light Real Estate had 72 sales, and sold just over $14 million in real estate. That’s a lot of property, and with everyone here already hitting the ground running early in 2016, we expect both of those numbers to increase substantially this year.



     

    Days on the Market

    One metric that’s informative is the Days on the Market (DOM). In four of the six market towns in this report, the days on the market went down. That means that houses sold faster in 2015 than in previous years.




    Unfortunately, the stories we’ve heard about houses in other parts of the country selling in one or two days just don’t happen here very often. Over the past three years in Central Vermont, it’s taken, on average, almost four months for a house to sell.


    Buying? Ask us about a FREE comprehensive market overview. We’ll help with the inventory, the process, the numbers, the whole thing!

    Sales by Month

    This is one of the most interesting stories. Over the past three years, there appears to be a pretty clear trend. Sales start increasing rapidly in April and May, then they dip a bit, and then spike again in August. The highest numbers of sales have been in August.



    That’s interesting to us here at Green Light Real Estate, especially in thinking about what that means. Those April sales are from contracts that were signed in February. And those February buyers were looking in January and February. So, many of those “spring buyers” that we hear about are actually winter buyers!


    If you have questions, or if there’s anything that we can help with, call, email, or text.


    Check us out on Facebook, visit our website, read customer reviews on Zillow and Trulia, or stop by our office on State Street in Montpelier. And, if you’re thinking of buying or selling, keep us in mind!


    Ray Mikus, Broker/Owner

    Brian Steinmetz, Realtor

    Marina Carleton, Realtor

    Maria Lamberti, Administrative Assistant