Cambridge is the quintessential picturesque Vermont village. Although it appears to be a sleepy town, there’s really a lot going on, especially when it comes to real estate. Here’s a look at what’s happening with the Cambridge Vermont real estate market.
In addition to a few new shops opening up in town, the big news that is rocking my world is the increasing average price of single-family homes. It has reached an all-time high, with more high-end homes on the market than ever before. (By high-end I mean anything over $360,000.) In the past 18 months there have been multiple sales between $400,000 and $575,000, and I am pleased to say that two of them were my listings.
The Cambridge Vermont real estate market, which includes Jeffersonville, has been fairly sluggish ever since I became a real estate agent in 1986. Back then the majority of single-family home sales were under $200,000. But that has been slowly changing, and I currently have one home in Cambridge under contract that was listed at $475,000. I have three others, as well. Here is a look at them. Two are in Cambridge and one in Jeffersonville:
This is the quintessential 3-bdrm, 2-bath colonial farmhouse on 10+ acres of meadow. It’s a private location, has perennial gardens and lots of space for farm animals. Hardwood and softwood floors throughout and really great light!
Currently, as I write this blog, there are 28 single-family homes on the market in Cambridge; 6 are over $360,000. The highest is priced at $1,795,000. If I were to pinpoint what’s new in Cambridge Vermont real estate I would say it looks like Cambridge is moooving on up. Hamptons, take note!
If you’d like to look at any of these homes, or if you have a home you want to sell, give me a call.
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