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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LandVest and Christies continued to help our clients to global success in 2016. From world-class art to great New England and Adirondack properties, there was one common [...]