Vermont Market Highlights

• Vermont luxury market is improving.
• Appreciation is stifled by excess inventory. This is due to the large demographic of baby boomers downsizing, relative to a smaller Gen X and Y pool of buyers.
• Buyers favor recent renovations, turn-key condition and close proximity to amenities.
• Furnishings and equipment are included as part of the turn-key
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THE VERMONT LUXURY MARKET IS IMPROVING

• Bennington, Chittenden, Lamoille, Windham, and Windsor counties command the most sales above $1 million.
• The number of luxury sales continued to improve in 2016, with 111 sales in 2016 compared to 97 sales in 2015, a 14% increase and 2017 appears to be off to a strong start as
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Market Highlights

• 2016 $2,000,000+ sales were at record levels.
• Inventories were 8% above 2015.
• The top sale in Norfolk County in 2016 was $6,732,000 for 180 Clyde Street in Brookline.
• LandVests markets continue to improve in volume, turnover, and with significant record sales. Special properties, expertly presented to a broad market with
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Market Highlights

• Large inventory of listings (147 vs a record 159 last year)
• Record 227 High-End $2,000,000+sales (vs 215 last year)
• Top sale: $6,700,000, 383 River Road, Carlisle
• LandVests markets continue to improve in volume, turnover, and with significant record sales
• Special properties, expertly presented, reaching out to a broad market with a strong value proposition, are well received by the
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Market Highlights

• Turnkey properties are favored
• Inventories are high, especially at the higher end of the price range
• Record 99 High-End Sales
• Pent-up demand and a strong stock market are fueling the market, but excess inventory means sellers must compete for buyers

Active Listings

On Cape Cod, the inventory of high-end $2,000,000+

RIDING THE FERRY, the Margaret Chase Smith, back from Islesboro in late December on a gray overcast day with stiff NE winds, gale warnings and snow in the air made me take a long look at where I was. Penobscot Bay, while always beautiful, can be a challenging environment in the winter and I was glad that the Shada was safely stored indoors [...]

Market Highlights

• Turnkey properties are favored
• Inventories are high, especially at the higher end of the price range
• Sales in Q1-Q3 of 2016 were strong with a record-tying 68 sales
• Pent-up demand and a strong stock market are fueling the market, but excess inventory means sellers must compete for buyers

Active Listings

On Cape Cod,

Market Highlights

• Record high-end $2,000,000+ sales (182 vs 162 last year)
• Large inventory of listings (235 vs a record 245 last year)
• Top sale: $6,700,000, 383 River Road, Carlisle
• LandVests markets continue to improve in volume, turnover, and with significant record sales
• Special properties, expertly presented, reaching out to a broad market with a strong value proposition, are well received by the
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THE CAMDEN MARKET IN CONTEXT

AS WE MOVE INTO THE FALL SEASON and the last quarter of the year, the 2016 Maine real estate market is coming into focus. A look at the overall statistics for properties listed above $1,000,000 shows continued strength in southern Maine, a solid improvement in the mid-coast region and ongoing softness in the [...]