After posting increased sales for the past few years, land sales declined during the start of 2020. There are plenty of options for purchasers looking to build their dream home. Although there is a longer turn around time and typically higher costs associated with building a home, buyers with time and resources may find this a viable option.
MEDIAN SALE PRICE | VS 2019 | UNITS SOLD | VS 2019 | NEWLY LISTED | VS 2019 | DAYS ON MARKET | |
---|---|---|---|---|---|---|---|
All Counties Land January-June | $110,000 | 12.80% | 62 | -24.40% | 248 | -6.40% | 303 |
Chittenden County | $200,000 | 65.00% | 21 | -4470.00% | 66 | -1750.00% | 279 |
Addison County | $84,500 | 20.70% | 21 | 0.00% | 63 | 2120.00% | 326 |
Franklin County | $48,000 | -39.40% | 15 | 7.10% | 74 | -24.50% | 303 |
Grand Isle County | $130,000 | 95.50% | 5 | -44.40% | 45 | 28.60% | 305 |
MEDIAN SALE PRICE | VS 2019 | UNITS SOLD | VS 2019 | NEWLY LISTED | VS 2019 | DAYS ON MARKET | |
---|---|---|---|---|---|---|---|
All Counties Land April-June | $110,000 | 12.80% | 62 | -24.40% | 248 | -6.40% | 303 |
Chittenden County | $193,100 | 57.60% | 10 | -60.00% | 38 | -17.40% | 397 |
Addison County | $120,000 | 84.60% | 11 | 0.00% | 33 | 6.50% | 307 |
Franklin County | $48,000 | -39.40% | 15 | 7.10% | 74 | -24.50% | 303 |
Grand Isle County | $130,000 | 95.50% | 5 | -44.40% | 45 | 28.60% | 305 |