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May 2021 Real Estate Market Report

So, How's the Market?

 

On the Market (Active)

Sold in April

Median Sale Price

Barre City

6

5

$205,000

Barre Town

10

9

$252,000

Montpelier

5

7

$315,000

U32

10

7

$325,000

Nfld/Wmst

11

6

$234,000

Which means there's really only a month or so of inventory in most markets. Many properties are going under contract quickly. This really is a strong sellers' market.

More About April

Drilling down a little deeper, let's look at properties that listed for sale in April. What happened to them? Did they go under contract? Are they hanging around on the market?

 

 

Listed in April

On the Market (Active)

Barre City

11

3

Barre Town

16

4

Montpelier

6

3

U32

11

7

Nfld/Wmst

15

11

(Single family homes as of 5/3/2021)

By far, the properties that listed for sale in April have gone under contract. There are always some that linger. Sometimes they're overpriced. Sometimes they're unique properties that appeal to a more narrow band of buyers. Barre City and Barre Town in particular have been smoking hot. 75% of April's Barre Town listings went into contract in April. Wow.

www.Info@GreenLightRealEstate.com

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New Service Offered

Do you want to know if there's an actual, real live person out there who wants to buy your house? I mean, someone with a name and an address. Someone who's preapproved (or is a cash buyer). Someone who has made an offer on another house that's very similar to yours. A real buyer.

You can. We have a detailed and honest list of just such buyers.  Check out www.GLREBuyersLookingFor.com and get the full list of what buyers are looking for. Then, if you or someone you know is thinking of selling, just let us know, and we can match buyer and seller. Which is what we're very good at.

Buyers who a clear on what they want to buy, and are ready, willing, and able--you can get on this list! Then we can start actively looking for the exact property that you want, instead of just hoping and waiting that it'll come on the market on its own. And don't worry, we're not putting names out there. 

Call or email Green Light Real Estate  802-225-6425 or info@greenlightrealestate.com to get on this list and to give you an advantage in your home search. 

Here's an example:

 

Barre Town

3-4 bedrooms

Nothing fancy

Good “starter home”

$200,000

Info@GreenLightRealEstate.com

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Quote of the Month

"Why can't we just offer the asking price?

Well, we can. But we're seeing a LOT of multi bid situations, and in those cases, the asking price is really just the starting point for negotiation. The truth is that if you're the only offer, then a great way to get the property is to offer the asking price. 

Free tip! There are times when we won't know if there's more than one offer. That's when you are overwhelmed with joy that you're working with a Green Light Real Estate buyer specialist. If we can't find out for a fact that there's more than one offer, we can usually piece it together. There are clues, if you know what to look for. And we know what to look for.

At the risk of being crass, buying a house today is a bit like nature. To get an "offer" accepted in nature, animals use bright feathers, loud calls, big antlers, loud calls, and flashing abdomens. In real estate, successful offers have flexibility, limits on contingencies, easier terms, and higher probability of closing, as well as a strong price.

Info@GreenLightRealEstate.com

--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Green Up With Green Light

Thanks to everyone across the state who helped clean up our roadways, waterways, and more on Saturday May 1!

We had dozens of people statewide who took and shared photos with #GreenUpVT21, and Green Light Real Estate is donating over $500 to Green Up Vermont.

As of this writing, the totals for trash and recycling collected and disposed of isn't published. So, let's just say a lot. There were several stretches of road where there was a bright green trash bag every 200 feet or so.

Info@GreenLightRealEstate.com

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 Speaking of Social

For the latest information about the real estate market in Central Vermont, you've really got to connect with us socially. Like, follow, comment Green Light Real Estate on Facebook and Instagram.

That's where we put information about new listings, recent sales, contests, giveaways, helpful tips, trends, and even some funny stories. 

Info@GreenLightRealEstate.com

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