Transactions: February 2003

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Features
Mtn Life 0203 Pic I

Warren, Vt.

Less than 1/4-mile from the slopes and a short walk to the Sugarbush Sports Center, this 1-bedroom, 1-bathroom, 940-square-foot corner unit (shown above) offers open views of Sugarbush .

LIST PRICE

$70,000

SALE PRICE

$65,000

TIME ON MARKET

3 months

LISTING BROKER

Ron Zschaler, Sugarbush Investment Properties, 802-583-4550; sugarbushvt.com

MARKET COMMENT

Inventory is the lowest in years and prices have been increasing at a rate of 10 percent per year for the past three years. Buyers have migrated toward condos rather than single-family homes.

Taos, N.M.

This adobe house has 3 bedrooms and 2.5 baths, including an upstairs master suite with a private deck and hot tub. It offers a heated garage, two walled patios, expansive gardens and spectacular mountain views.

LIST PRICE

$495,000

SALE PRICE

$475,000

TIME ON MARKET

6 months

LISTING BROKER

Judy Buck, Coldwell Banker Lota Realty, Inc., 800-829-8673, cblotataos.com

MARKET COMMENT

Market volume is up about 25 percent year-to-date. There's been a strong buyer base nationwide of young retirees who either want a second home or want to relocate.

Sugarloaf, Maine

This 5-bedroom, 4.5-bathroom home is 4,800 square feet and has a great room with a fieldstone fireplace, a jacuzzi room, an outdoor hot tub and a sauna.

LIST PRICE

$615,000

SALE PRICE

$580,000

TIME ON MARKET

4 months

LISTING BROKER

Debbie Pierce, Sugarloaf Real Estate, 877-237-2101, sugarloaf.com/realestate, dpierce@sugarloaf.com

MARKET COMMENT

The real estate market at Sugarloaf continues to be strong as a result of low interest rates and uncertainty in the stock market. Inventory is at an all-time low.