High-End $2,000,000+ Market Highlights

• Inventory up 6% (133 vs record low 125 last year).
• Sales volume down 13% (203 vs 234 last year).
• Top sale: $15,100,000. 959 SeaView Ave, Osterville.
• Cape Cods high-end market continues to perform strongly despite low inventories, negative
  economic factors, and diminishing COVID-driven
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As if in slumber, Stonecrop Ledge has stood, timeless, at the edge of the village of Middlebury. Its windows, long shuttered, clapboards in much need of paint and its crumbling stone walls, might suggest a story ended. But for Randall and Kathleen Brisson, and indeed for the house itself, this is a tale not finished but merely paused. 

 

January 2024 Buyer & Seller Activity Survey: Optimism Defines the First Expert Survey of 2024

LandVest's President Joseph Taggart provides his expert insight on forecasting residential home sales as we head into 2024.

 

 

2023 Year in Review

LandVest had another productive year in 2023, closing nearly $800 million in sales within ourInstitutional Land Group. We represented our clients across 19 states transacting almost 280,000 acres of land. The market was mixed across sectors with strong demand [...]

LandVest had another productive year in 2023, closing nearly $800 million in sales within our Institutional Land Group. We represented our clients across 19 states transacting almost 280,000 acres of land. The market was mixed in 2023 across sectors with strong demand for scaled institutional forestland portfolios, while the market for retail and mid-sized land properties softened.

The age-old dilemma: Should you buy, or should you hold off? Should you sell, or should you wait?

Vermont's real estate market is changing. Sales of homes over $1 million decreased in 2023 by 6.5% compared to the peak the year before. Buyers placed a bigger discount on homes that needed work due to high building costs and a shortage of [...]

What does cutting-edge artificial intelligence have to do with a walk in the woods? To Steve Hawkes, Vice President of LandVests Forest Resources division, its the future.

High-End $2,000,000+ Market Highlights

• Inventory up 11% (record 322 vs record 291 last year).
• Sales down 14% (467 vs record 544 last year).
• Top Sale: $11,800,000. 15 Dogwood Rd, Weston.
• Strong inventories and buyer demand continue to propel the market despite economic and political concerns.
• As usual, special properties expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
• [...]