Blog :: 06-2011

Year to Date Multi Family Stats

As we hit the midpoint for 2011, here are some year to date Multi Family Sales statistics for Chittenden County. Current Active Listings: 58 New Listings in the Last 6 Months: 62 Sold Listings Past 6 Months: 25 Average List Price: $354,048 Average Sale Price: $334,617 Currently Pending Listings: 9 Of the 25 closed sales: one was a 5 units, five were 4 units, nine were 3 units and ten were duplexes. Of the 25 sales Steve Lipkin was on 8 of the sides, representing the purchaser or seller. If you are considering buying or selling a Burlington area Investment Property put Lipkin Investment Properties 12 plus years experience to work for you!

Good Signs for Burlington Investors!

As summer heats up there is continued local development in Burlington.  Steve Lipkin takes you on a quick tour of some of the projects going on.  One positive sign for investors is the recent opening of the second Lowes location.  Before expanding into a community Lowes does extensive research into the local economy and Real Estate Market.  They felt the Burlington area was strong enough to support two of their stores to compete with the existing Home Depot.  The other projects on the video illustrate why this is such a strong market to invest in.  Please contact us if you are considering buying or selling Investment Properties.