Blog :: 07-2012

June 2012 Market Report--You Know You're Curious...

We know that you pride yourself on having complete mastery of the Montpelier/Barre real estate market. That's why you come to this site.

 

Here's a snapshot of the market for June. Most surprising was the low number of new listings and closed sales in Montpelier.

 

Active New in June Under Contract Closed in June Closed last 12 months
Barre City 65 15 13 10 66
Barre Town 72 15 14 7 67
Montpelier 51 4 17 2 66
U32 69 15 11 8 73
Northfield 56 12 5 1 28
Totals 313 61 60 28 300

 

And then, to compare across time, check out how June 2012 compared to June 2011 as far as the size of the inventory, the number of sales, and the overall activity. June turned out to be a slower month than might have been expected. Still, year on year sales are higher in 2011-2012 than the previous year.

 

New 6/12 New 6/11 Closed 6/12 Closed 6/11 Closed6/11-6/12 Closed 6/10-6/11
Barre City 15 15 10 7 66 63
Barre Town 15 15 7 11 67 64
Montpelier 4 14 2 13 66 65
U32 15 20 8 7 73 57
Northfield 12 13 1 4 28 20
Totals 61 77 28 42 300 269

 

 

Here are the June 2012 sales for Montpelier, Barre, U32, and Northfield. Don't get all bent out of shape by some of those cheap sales right at the top of the table. There were a few foreclosures that had been on the market for YEARS and finally sold.

And yes, that one lonely sale in Northfield last month?  That was me.

 

Town Address Original List Price Final List Price Closing Price Days on Market
Barre City 33 Maple Ave $108,000 $19,900 $27,000 413
Barre City 65 Hill St $172,000 $69,000 $69,000 1180
Barre City 15 Mill St $86,500 $86,500 $86,500 6
Barre City 160 Seminary St $100,000 $88,900 $80,500 97
Barre City 11 Downes $119,900 $119,900 $120,900 7
Barre City 4 Crescent $129,000 $129,000 $75,000 100
Barre City 194 Washington St $164,900 $139,900 $145,900 740
Barre City 132 Batchelder St $165,000 $147,000 $140,000 1002
Barre City 113 Country Way $238,000 $199,950 $190,000 382
Barre City 43 Nelson $230,000 $230,000 $220,000 60
Barre Town 51 Church Hill Rd $126,500 $39,900 $36,000 795
Barre Town 16 Carnes Rd $125,000 $97,300 $91,500 586
Barre Town 12 Orchard Terrace $127,500 $127,500 $120,000 99
Barre Town 3 Wilmuth St $134,900 $134,900 $134,900 7
Barre Town 61 Middle Rd $209,000 $169,900 $162,500 386
Barre Town 17 Sunrise Rd $225,000 $200,000 $200,000 58
Barre Town 306 Camp St $240,000 $224,900 $214,000 231
Montpelier 16 Mountainview $186,500 $186,500 $185,000 7
Montpelier 58 Wheelock $198,000 $192,000 $180,000 258
Berlin 540 Route 12 $289,000 $265,000 $263,800 253
Berlin 19 Black Rd $319,900 $319,900 $295,000 184
Calais 272 Apple Hill Rd $155,000 $155,000 $147,500 3
Calais 214 The Cove Rd $299,000 $179,000 $170,000 1454
Calais 9879 County Rd $265,000 $265,000 $250,000 39
East Montpelier 3978 County Rd $190,000 $175,000 $166,000 367
East Montpelier 1550 Center Rd $214,000 $214,000 $220,000 4
East Montpelier 140 Maplewood $289,900 $289,900 $275,000 13
Northfield 342 Central St $268,000 $255,000 $245,000