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January 9, 2009
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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for Hyde Park, Vermont

Reported by Teresa Merelman, RealtorŪ, ABR, CRS, e-PRO

Updated January 2, 2009.

Current Market Rating: 2




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Seller's

Current Price Trend: 2




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Rising

Hyde Park is located north of Morristown and neighbors Johnson, Eden, Craftsbury, Wolcott and Morristown. It's population, based on the 2000 census, is 2,847 people. It is about 39 square miles and sits at an altitude of 671'.

The information below about the real estate market is based on data from the Vermont Real Estate Information Network. Private sales are not reflected.

RESIDENTIAL PROPERTIES - 4th Quarter - 2008

ACTIVE: As of 1/1/09 there are 44 active listings. The average list price is $277,341 and the median list price is $234,000. The average DOM is 227 and the median DOM is 182. There are no homes under contract.

CLOSED: Between 10/1/08 and 12/31/2008 there were 4 properties sold. The average list price was $219,975 and the average sales price was $226,500. The median list price was $197,500 and the median sales price was $185,000. The average DOM was 132 and the median DOM was 126. The average price per finished square foot above grade sold was $130.

CONDO/TOWNHOME PROPERTIES - 4th Qtr. 2008

As of 1/1/09 there are no condos for sale. There were also no sales within the past 12 months.

LAND/LOT PROPERTIES - 4th Quarter 2008

ACTIVE: As of 1/1/09 there are 26 properties available. The average list price is $150,481 and the median list price is $82,450. The average DOM is 341 and the median DOM is 223. There are no lots under contract.

SOLD: Between 10/1/08 and 12/31/2008 there were no lot sold.

2008 YEAR END REPORT - Hyde Park

RESIDENTIAL PROPERTIES - Year 2008

ACTIVE: As of 1/1/09, there are 44 homes on the market. The Average List Price is $277,341 and Median List Price is $234,000. The Average DOM is 227 and Median DOM is 182. There are no homes under contract.

CLOSED: Between 1/1/08 and 12/31/08 there were 19 homes sold. The Average List Price was $233,089 and the Average Sale Prie was $213,295. The Median List Price was $199,000 and the Median Sale Price was $176,000. The Average DOM was 135 and the Median DOM was 59. The Average Price Per Square Foot above grade was: $119.

CONDOS - Year 2008

1/1/09 - there are no active listings of condos and there were no closed saled in 2008.

LAND PROPERTIES - Year 2008

ACTIVE: As of 1/1/09 there are 26 lots on the market. The Average List Price is $150,481 and the Median List Price is $82,450. The Average DOM are 34 and the Median DOM are 223.

CLOSED: Between 1/1/08 and 12/31/08 there wee 2 lots sold. The Average and Median List Price was $45,000 and the Average and Median Sale Price was $30,800. The Average and Median DOM was $90. The Average Price per acre was: $1,7ll.

2007 YEAR END REPORT - Hyde Park

RESIDENTIAL PROPERTIES - Year 2007

ACTIVE: As of 1/1/2008 there are 39 active listings. The average list price is $352,772 and the median list price is $264,500. The average DOM is 277 and the median DOM is 196.

CLOSED: Between 1/1/2007 and 12/31/2007 there were 27 homes sold. The average list price was $265,883 and the average sale price was $250,402. The median list price was $210,000 and the median sale price was $198,000. The average DOM was 136 and the median DOM was 109. The average price per finished square foot above grade was $127.

CONDO PROPERTIES - Year 2007

As of 1/1/2008 there are no condos for sale. There were also no sales within the past 12 months.

LAND PROPERTIES - Year 2007

ACTIVE: As of 1/1/2008 there are 43 properties available. The average list price is $117,479 and the median list price is $87,500. The average DOM is 293 and the median DOM is 198. The average price per acre is $14,270.

CLOSED: Between 1/1/2007 and 12/31/2007 there were 16 land sales. The average list price was $92,906 and the average sale price was $88,300. The median list price was $77,000 and median sale price was $77,500. The average DOM was 293 and the median DOM was 332. The average price per acre sold was $6,567.

2006 YEAR END REPORT - Hyde Park:

RESIDENTIAL PROPERTIES - Year 2006

ACTIVE: As of 1/1/07 there are 45 active listings. The average list price is $348,077 and the median list price is $319,000. The average days on market is 156.

CLOSED: Between 1/1/06 and 12/31/06 there were 33 properties sold. The average list price was $260,138 and the average sales price was $240,012. The median list price was $194,500 and the median sales price was $194,500. The average days on market was 116. The average price per square foot: $126.

CONDO/TOWNHOME PROPERTIES - Year 2006

As of 1/1/07, there are no properties for sale. There were also no sales within the past 12 months.

LAND/LOT PROPERTIES - Year 2006

ACTIVE: As of 1/1/07, there are 47 properties available. The average list price is $110,949 and the median list price is $75,000. The average days on market is 227.

SOLD: Between 1/1/06 and 12/31/06 there were 8 properties sold. The average list price was $107,800 and the average sale price was $94,500. The median list price was $91,250 and the median sale price was $82,500. The average days of the market was 169 days

2005 YEAR END REPORT - Hyde Park:

RESIDENTIAL PROPERTIES - Year 2005

ACTIVE: As of 1/1/06 there are 26 active listings. The average list price is $321,358 and the median list price is $267,250. The average days on market is 176.

CLOSED: Between 1/1/05 and 12/31/05 there were 29 properties sold. The average list price was $223,148 and the average sales price was $214,557. The median list price was $179,900 and the median sales price was $172,000. The average days on market was 157.

CONDO/TOWNHOME PROPERTIES - Year 2005

As of 1/1/06, there are no properties for sale. There were also no sales within the past 12 months.

LAND/LOT PROPERTIES - Year 2005

ACTIVE: As of 1/1/06, there are 25 properties available. The average list price is $131,976 and the median list price is $99,000. The average days on market is 157.

SOLD: Between 1/1/05 and 12/31/05 there were 11 properties sold. The average list price was $94,845 and the average sale price was $87,500. The median list price was $79,900 and the median sale price was $75,000. The average days of the market was 233 days.

ZIP Code: 05655

Location Characteristics: Vermont town with lots of character. Lamoille County's seat of government. Lovely Village Area.

For More Information:

View Market Conditions of other areas served by Teresa Merelman, RealtorŪ

Navigate: Top > Vermont > Hyde Park

About Teresa Merelman, RealtorŪ:
I have been a licensed RealtorŪ in Stowe, Vermont since 1998. I believe in service with integrity and professionalism. My family and I have lived in Stowe since 1987. I am a mother of two boys and feel that the Stowe area is a great place to live and/or invest in.

I believe it is important in my profession to keep up with education and to be involved with my local community. Throughout the past years, I have obtained the following desigations: ABR (Accredited Buyer Representative), CBR (Certified Buyer Representative), e-PRO (Interet Professional) and CRS (Certified Residential Specialist). In 2004, 2006 and 2007 I was honored to be selected RealtorŪ of the Year for the Lamoille Area Board of RealtorsŪ. 2007 also honored me with Vermont RealtorŪ of the Year. In 2005 I was priviledged to serve as President of my local board. 2006 kept me busy as a member of the Board of Directors for the Vermont Association of RealtorsŪ. In 2007 I finally obtained my Broker's License! I just completed the Accredited Home-Staging Specialist class to better prepare Sellers with their property for a shorter period of time on the market and a higher return.

Please feel free to contact me at:
Stowe Realty
Office (802) 253-8484
Toll (800) 639-1812
Cell (802) 793-5171
Teresa@StoweUSA.com
www.StoweUSA.com

I'd be happy to help with your real estate needs!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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