Published February 13, 2003 09:05AM
Transactions: February 2003
Features
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.
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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.