2017 Picket Fence Preview Sales Statistics | Buy Sell | Easy Success

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$18,655 = average savings for each Picket Fence seller in 2017!
Average sales price was $310,909.
 
493 SOLD in 2017! 

That's $153,278,137 worth of property SOLD. 
That's $9,196,688  in real estate commissions saved!



Success Rate

Champlain Valley: 80% of all 2017 Champlain Valley  advertisers were Under Contract or Sold by year's end, of those that advertised at least 3 months.

Northern & Central VT: 78.7% of Picket Fence advertisers in this region had a buyer by year's end, of those that advertised at least 3 months.

Southern VT & Upper Valley NH: 76.5% of advertisers in this region were Under Contract or Sold by year's end, of those that advertised at least 3 months.

Note: 3 months was chosen as a time marker because that is typically the minimum listing agreement time period among real estate agents.

Time on the Market

In the Champlain Valley (Chittenden, Addison, Grand Isle and Franklin counties), the average time on the market was 30 days in the 1st QTR of 2017 and 27 days in the 2nd QTR. 

In Northern / Central Vermont (Washington, Lamoille, Orleans, Essex, Caledonia & Orange counties), the average time on the market was 67 days in the 1st QTR of 2017 and 37 days in the 2nd QTR.


Southern VT (Rutland, Bennington, Windham & Windsor counties) and Upper Valley NH (Grafton, Sullivan & Cheshire counties), was 61 days in the 1st QTR of 2017 and 26 days in the 2nd QTR.

Price Range
As is typical, a wide range of types of properties and price ranges sold in 2017. The average price of property sold through Picket Fence was about $310,909. The properties sold in Picket Fence in 2017 ranged from a $115,000 condo to a $695,000 lake home.

Asking Price to Sales Price Ratio
Picket Fence sellers have enjoyed a relatively high asking price to sales price ratio over the 25 years we've been keeping records and 2017 was no exception. Champlain Valley sellers reporting receiving 97% of asking price, Northern & Central VT averaged 97.2% and Southern VT & NH sellers averaged 98% of their asking price.

Methodology
How the data were collected:   Customers voluntarily notify Picket Fence Preview either by phone, online or in-person when they sell. We keep a log of all Picket Fence sales throughout the year, and compare this against all PFP advertisers that did NOT sell by year's end. ALL types of properties are considered in these statistics, including Land parcels, Commercial and Camp properties.

Three months advertising period: We determine this across ad types: magazine, internet only or any combination of both. Advertising three months in 2017, with no more than a one month break in advertising, would count as 'advertising at least 3 months.' Finally, only sales attributed to Picket Fence Preview advertising, yard signs or word-of-mouth are counted.