Have you ever wondered what it would be like to live in one of LandVests properties? We invite our owners to tell us a bit about their experience, what they love about their homes and a bit of their history. The owners of [...]

Market Highlights

• Inventory down 9% (229 vs 253 last year).
• Record sales up 1% (69 vs record 68 last year).
• Top sale: $14,000,000 26 Neel Road, Harwich Port.
• LandVests markets continue to perform strongly 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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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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High Island

(originally named High Isle) acquired its name from the hilltop in the center of the island which is the highest point within the Muscle Ridge chain of islands. Until late in the 19th century, High Island was mostly uninhabited except for occasional seasonal use by fishermen or a fishing [...]

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

 

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Active Listings

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

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Demographics and the New Realism of Luxury Real Estate

The dominant theme of the post-Great Recession luxury real estate market has been the gap between buyer and seller expectations. This new realism is driven by demographics.

LandVests average seller is shifting from the Silent Generation to the Baby Boom generation. For both groups, [...]

Market Highlights

• Sales in the first half of 2016 were strong with 39 sales, on par with the past two years.
• Inventories are at record high levels, especially at the higher end of the price range.
• Pent-up demand and a strong stock market are fueling the market, but excess inventory means sellers must compete for buyers.
• Turnkey properties are
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Market Highlights

• First half volume of $2,000,000+ sales was strong (100 vs peak 102 sales in 2015).
• Record inventories (277 listings vs 259 last year).
• Top sale for the first half: $6,700,000, 383 River Road, Carlisle.
• First quarter inventories grew 46% compared to a year ago.
• LandVests markets continue to improve in volume, turnover, and with significant record
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