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Barnard, Vermont Real Estate Market Report - First Quarter, 2018

 

Barnard VT Real Estate - 1Q 2018 Cover Art

 

The Barnard, Vermont real estate market saw five (5) sales of single-family homes in the first quarter of 2018, essentially matching the pace of the first quarter of 2017 with six (6) sales.  One (1) of those five (5) properties closed for $1.3 million, demonstrating that there is ongoing buying activity in the luxury market.

 

Buying activity is generally the slowest during the first quarter, when snow covers the ground and bad weather discourages many from wanting to go out and shop for houses.  Analyzing historical data for Barnard from 2004-2017 shows that, on average, just 12% of the total sales for a year occurred during the first quarter.  And this past winter was particularly harsh and long in duration, perhaps impacting first quarter sales to a higher degree than normal.  While it is too early to know how the remainder of the year will turn out for the Barnard VT real estate market in terms of sales, looking at the historical figures shows that it is off to a good start.

 

The chart below shows historical first quarter sales in Barnard from 2004 through 2018, and the pie chart that follows shows the average % of total year sales that closed during each quarter from 2004 through 2017.

 

Barnard VT Real Estate - 1Q Historical Home Sales

 

Barnard VT Real Estate - 1Q Historical Avg % Homes Sold by Quarter

 

A list of all 5 properties that sold/closed in Barnard in 1Q2018 is below.

37 Old Stagecoach Road, Barnard, VT

$67,000

74 Davis Road, Barnard, VT

$84,100

378 Gulf Road, Barnard, VT

$185,000

141 The Grove, Barnard, VT

$355,000

853 Sayer Rd, Barnard, VT

$1,315,000

 

 

 

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