Market Snapshot: The Time to Sell is Now

The Time to Sell is NowWith the second quarter of 2017 well under way, Northwestern Vermont continues to be a sellers’ market with a low inventory of homes for sale in select price ranges. According to the Northwestern Vermont Board of Realtors March 2017 Market Statistics, New Listings are down 24.3% for Single Family properties and 4.4% for Townhouses/Condos compared to March 2016.

Even with demand high and supply low, the average days on market is still 107 days for Single Family properties and 120 days for Townhouses/Condos. For properties in the mid-price range of $250,000-$400,000, we are seeing multiple offers for well located, staged and marketed properties.

The Federal Reserve decided this week to not raise interest rates beyond 0.75-1%, however analysts do project rates to go up at the Fed’s next meeting on June 13 and 14. Today 30-year fixed interest rates are hovering around 3.8-4.1%. With a low housing inventory in Northern Vermont, and the prospect for interest rates to increase more this year, you can position yourself as a seller strong and get the most for your home.

Why You Should List Your Home with Us:

  • Conroy & Company’s clients sell at 98% of List Price on average – that’s 1 full percent more than the average sale in your pocket.
  • 50% of Conroy & Company’s clients go under deposit in under 30 days! This compares to only 33% in the MLS.
  • NAR reports the percent of sellers who sell For Sale By Owner has dropped from 19% to only 8% over the last 20 years! More people are choosing to leave the sale of arguably one of their biggest assets to professionals.
  • You net more money with an agent. Studies have shown that the typical house sold For Sale By Owner sells for $210,000 on average, while the typical house in the U.S. sold by an agent sells for $249,000.

pinnacle-1Conroy and Company always has pre-qualified and motivated buyers who are actively looking for their new home. If you are interested in selling, contact us for a free competitive market analysis of your home to find out its true market price in today’s selling environment.  Complete a form on our website or just send your info in via email. Once submitted, we will get back to you promptly.

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Conroy & Company is a Keller Williams Vermont team of Realtors located in South Burlington, Vermont. Our mission is to serve our clients with the highest level of personal commitment to helping them reach their goals. Our focus is to bring the latest technology and marketing skills to our clients, and do so in the most personal, hands on way possible. Our collaborative, strength in numbers approach to exceeding your expectations, has helped keep us in the top 2% of Vermont agents/teams ever since 2003. Questions? Contact Mike Conroy – mike@conroyandcompany.com or 802-363-3356

Handsome Colchester home

Sitting back from the road, with a huge flat front lawn, this handsome contemporary home has ample room for work, play, entertaining, and everything else. The updated kitchen is super convenient and features recessed lighting, gas range, electric wall oven, and stainless steel appliances. It’s situated in the middle of activity with an adjoining dining area, a sizable walkout deck and a large storage pantry.

The most compelling feature of the house is a huge family room with vaulted ceilings, terrific eastern light and warm woodwork throughout. A cozy loft above the family room makes a great retreat and can be used for an office or playroom. The fieldstone fireplace looks rustic, but is decidedly useful, and can be accessed from both the family room and the living room.

Boasting a first floor laundry room, plenty of finished and unfinished basement space, a large deck off the kitchen, and a good-sized mud room, this home is the ideal fusion of style and comfort.

MORE DETAILS »

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Congratulations Debbie Jensen for being this year's KW Cultural Ambassador!

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Debbie Jensen, is an amazing asset to our KW family. She moved to VT from AZ, where she was also a KW Associate. She is always at our cultural events offering complete participation. Debbie volunteers to bring a homemade dish to our potlucks and bbq’s as well as donates money for KW Cares. She was a huge help at RED Day, where she helped paint a house and planted flowers. She even created a candy cane Holiday Tree for KW Cares. Where associates were invited to take a candy cane and leave a donation in the pocket. It was a huge hit and very creative! Recently at our KW Cares Murder Mystery Night, Debbie arrived early to help set up and stayed late to clean up. Her efforts are so appreciated around the office as well as outside our walls we wanted to honor her! She is always quick with a smile or a joke and makes everyone’s day brighter!

Debbie is involved in our state board forms committee. She is a part of Bark for Life Chittenden County in Vermont. This is a dog walk to help raise money for dog cancer research. It is associated with The American Cancer Society. Debbie also participated in Kicks for the Cure by being a member of the KW kickball team, which took first place!

When Debbie lived in AZ she volunteered for the Arizona Women’s Golf Association as a Rules Official for state and college tournaments. She volunteered for Sunshine Acres Children’s Home in Mesa, where she raised money for the children to shop and shop with them before Christmas for themselves so that they would have clothes and a Christmas present.  She also gave generously throughout the year to the Children’s Home and when needed would volunteer to assist them. Debbie helped The Arizona Humane Society, where she gave food, time and money to rescue dogs!

When Debbie lived in Colorado, she volunteered with the Colorado Golf Association for 10 years as a Rules Official for state and college tournaments, served on the Board of Directors as the Public Affairs Chair, Vice President and then President. Debbie also volunteered to teach unemployed single mothers how to get back into the work place, which was through Business and Professional Women of Denver. Lastly, here too she was apart of the Humane Society of Denver, where she gave time, money and food to the animal shelters.

Debbie is also always involved with Wounded Warriors, American and Breast Cancer and Alzheimers Foundations.
Great job Debbie! We are so proud of you!