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    June 2022

    Summer is finally here after a long and wet spring, and we are all looking forward to enjoying all that our area has to offer. Boating, stand up paddle boarding, kayaking or swimming at our scenic beaches and parks, hiking the Green Mountains and biking to name a few!

    The market continues to be strong with closed sales in line with 2021. We saw 348 single-family homes closed through end of May compared to 366 in 2021. Condominium sales are up with 222 closed compared to 211 in 2021. The market has been hot since June of 2020 and we are seeing multiple offers on properties, sales that are fast, and appreciation in prices of homes rising quickly. We do not
    expect to see a major slow down or market correction in the next year, but caution that higher interest rates will possibly affect the market to create a pace that is more comfortable. The economy is strong and growing, jobs are looking for employees and the demand for housing remains strong. We still have a shortage of homes with only 59 single-family homes and 30 condominiums available as of
    June 1st in Chittenden County. The short supply continues to drive this market and the number of buyers exceeds the available inventory.

    We have seen an increase each year in the number of people who move to Vermont from around the country and the world. That trend was is reinforced the past two years by the number of folks who can now work from home and who want to get back to the country, to have a garden, to hike and bike, or to enjoy all that Vermont is known for.

    In a strong market like this, many homes will sell quickly. However, speed does not necessarily mean you’re maximizing your property’s value. To do that, you need a thoughtful and comprehensive marketing plan. If you’re thinking of selling, reach out to us for a private consultation so we can discuss how we achieve exceptional results for our clients. Check out our fantastic website at www.nancyjenkins.com. While you are there do not miss taking a 3D tour of our properties. We have the top technology for our properties that bring the homes to life and allow you to virtually walk through the home to see all the features. We found many of
    the folks buying from out of the area able to purchase without even visiting the home. It will continue to reach folks and aid in their search for the property that meets their needs.

    Congratulations to the 2022 winners of the 25th annual Nancy Jenkins Real Estate Scholarship: Ali Ali attending Castleton University majoring in Computer Information Systems and Tenzin Yeshi attending UVM majoring in biology. It is our honor to help our young people learn and grow and we wish them much success in their studies. Our experienced team is ready to assist you in reaching
    your goals both for your home, investment property, or even a vacation home.

    Nancy and the Nancy Jenkins Team


    This Month’s Coupon:


    Featured Listing!

    Westford – $450,000

    Newer Cape Cod on over 43 acres in the quaint town of Westford. The contemporary Cape house with a modern concept highlights acres of open land. Expansive kitchen is great for cooking and entertaining. The bright living room looks out over a beautiful sun filled field. This contemporary floor plan features first floor primary plus two bedrooms upstairs. 1 full and one ¾ bath. This home features an attached two car garage with upstairs loft space for additional storage. Also on the property is a modernized mobile home with custom finishes and a cozy woodstove. Perfect for a guest house. Outbuildings include an additional garage, shed, and new 2 car covered space with owned solar benefiting the home.

     

    Click Here For More Information


    Client Testimonial:

    “We used Nancy Jenkins to help us find our new home in Vermont. In this difficult market Vera and Alison took the time to show us several houses and helped us negotiate the challenges of placing an offer . I highly recommend them.”  -Donna

     

    Special Thanks to Friends Who Sent Us Their Friends!

    Roman & Victoria Cebanu, Sarah Stempek, Rick Gaulin, Carmon & Marlon Verasamy & Amy Brennan


    ©2022 Nancy Jenkins Real Estate

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