Contrary to popular belief, homes do sell in winter, but many sellers act like Vermont’s black bear—they hibernate and wait for spring. Maybe this is not a good tack. Maybe they should wake up and start foraging.
There are many people who like winter and enjoy skiing, snowboarding, sledding, and other outdoor activities, and apparently they are happy about buying or selling a home in winter. Over the past three years, statistics have shown that winter months are very active months for home sales in Vermont.
Here are the statistics for closed sales and pending sales in January in my area of Underhill and Jericho for the past three years:
- 2013—there were 3 closings and 14 pending sales
- 2014—there were 4 closings and 15 pending sales
- 2015—there were 2 closings and 14 pending sales
Sales that closed were listed in the prior year. Pending sales are a combination of old and new listings. The number of homes sold in 2013 and 2014 was about 78 homes (for each year). Pending sales in January makes up one-quarter of those sold homes. Yes indeedy, winter months are busy in the real estate market!
Why the winter activity?
Jericho and Underhill are ideally situated in the foothills of Mount Mansfield, Vermont’s highest peak, and have easy access to year-round outdoor activities. But it’s the winter sports for which the area is best known. People want to live here because they love to recreate in the snow. While this area is on the eastern edge of Chittenden County, it is ideally situated for a short drive to Smugglers’ Notch, a world-class family-friendly resort. Buyers and sellers know this, and that is why winter months are so active.
Are you ready to sell or buy a home? No need to wait until spring, contact me now, 802-858-9193 or firstname.lastname@example.org.
Thanks for reading!
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