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Killington Real Estate Sales decline in 1st half of 2006

Twenty four condominiums have sold in Killington during the first 6 months of this year, the lowest number of transactions during the first half of the year in memory. Four one-bedroom units sold for between $135,000 and $192,000. Thirteen two-bedroom units sold for $125,000 to $305,500 and seven three-bedroom units sold for $206,000 to $560,000. There are twelve condominiums currently under contract and scheduled to close in the near future. Nine of these are new construction Topridge condominiums that are almost completed.Twelve homes have sold in Killington since January 1, 2006. This is down from twenty one sales during the same period in 2005. One house was listed for $1,300,000 and sold for $975,000. The average listing price of the other eleven homes was $364,000 and the average sales price of these eleven was $335,000. Only three houses are under contract with an average listing price of $313,000.For a copy of the full 2nd quarter 2006 newsletter, send an e-mail to info@prestigekillington.com

 

 

 

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