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Bridgewater Vermont Real Estate Market Report - Third Quarter, 2018

Bridgewater VT Real Estate

 

The Bridgewater, Vermont real estate market saw three (3) sales of single-family homes in the first three quarters of 2018, down 75% compared to the same period of 2017 – which admittedly was a rather unusual year for the market area as a whole – with twelve (12) sales.  All three (3) of the homes that sold/closed this year did so during the third quarter.  Currently there are two (2) properties under contract and set to close in the coming months.  

 

Inventory of single-family homes in Bridgewater is at its lowest point since post-recessions highs, with just thirteen (13) houses actively listed for sale as of this writing.  The likely explanation for this decrease is due to the unusually high number of sales that transpired in 2017, which likely left fewer houses on the market at the beginning of 2018.  Of the thirteen (13) houses currently listed for sale, the average price was $586,000, and just four of the thirteen homes were listed for under $400,000.

  

The graph below shows the number of sales that transpired from Q1-Q3 in Bridgewater from 2004 through 2018, and the one following that shows the number of homes actively listed on October 1 from 2004 through this year.

 

Bridgewater VT Real Estate Market

Bridgewater VT Real Estate

 

A list of all three (3) properties that sold/closed in Bridgewater in 2018 YTD is below.

343 Lone Pine Trail, Bridgewater, VT

$149,500

100 Parsonage Road, Bridgewater, VT

$260,000

1831 Goldcoast Road, Bridgewater, VT

$650,000

 

 

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