Grand Isle County Mid-Year Report
The housing market in Grand Isle is typically cooler during the first 6 months of the year. With only 37 sales during this period, the reported data can be misleading. The median sale price of single-family homes was stable at $400,000 yet lower than the 2023 year-end median price of $423,000. No luxury home sales have been closed so far in 2024, which is very likely to change during the summer months. 81 single family homes were listed during the period which will likely result in an increase in units sold through the 3rd and 4th quarters of the year.
| Single-Family January-June 2024 | ||||
|---|---|---|---|---|
| Median Sale Price: | Average Sale Price: | Units Sold: | Newly Listed: | Days on Market: |
| $400,000 +1.5% | $467,828 -9.7% | 37 -2.6% | 81 +20.9% | 65 +1.4% |
| SINGLE-FAMILY SALE PRICE | MEDIAN | VS 2023 | UNITS SOLD | VS 2023 | NEWLY LISTED | VS 2023 | DAYS ON MARKET |
|---|---|---|---|---|---|---|---|
| Alburgh | $310,000 | 0.17 | 13 | 0 | 27 | 0.08 | 84 |
| Grand Isle | $390,000 | -0.025 | 11 | 0.222 | 21 | 0.313 | 38 |
| Isle La Motte | $639,900 | -0.049 | 5 | 0.25 | 10 | 0.111 | 112 |
| North Hero | $656,250 | 0.563 | 4 | -0.333 | 9 | 0.125 | 62 |
| South Hero | $595,500 | -0.062 | 4 | -0.333 | 14 | 0.556 | 24 |
