Thursday, December 2, 2010

Market Data for homes built before 1920 - Part I

Since Jan 1, 2010 there were 47 homes sold in Addison County, Brandon and Charlotte that were built BEFORE 1920. These homes were for the most part quite traditional in style, some on National Historic Registers, some farmhouse remnants from old working farms and many Village homes with traditional detailing, and all except one were two story homes. The data is as follows:

· 47 Homes Sold in the first 11 months of 2010 that were built before 1920
· 18 Homes Sold has First Floor Master Bedrooms
· Average age of home sold built before 1920 was 1866
· Average square footage was 2,121
· Average # of Bedrooms was 3
· Average acres was 8 — Median acres was .77
· Average # of garage bays was 1
· Average sale price was $263,917
· Average list price was $281,534
· Average sale price per square foot was $121.20
· Average % sale to list price was 94%
· Lowest sale price was $16,000. Highest sale price was $839,000

This 1860 Home in Monkton, Vermont sold for $93,500 in March of 2010 after 101 days on the market.
This 1890 Village home in Middlebury sold for $310,000 in January of 2010 after 125 days on the market.

This 1800 home in New Haven sold for $645,000 in July of 2010 after 199 days on the market.

(data recieved from Northern New England Real Estate Network - Innovia Multiple Listing Services)

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