Staff report
All numbers are up, except for inventory. That’s the story of real estate in Killington, and it’s been that way for some time. There were only four single family homes listed for sale in Killington as of July 1. Because of the lack of available properties for sale, only six single family homes have sold in total this year; compared to 19 at the same time last year, according to Heidi Bomengen, of Prestige Real Estate.
“Killington real estate inventory has never been so low,” Bomengen wrote in her July 1 newsletter. “Prices remain high as demand continues to exceed supply.” In fact, “Sales prices have continued to increase,” she wrote. In Killington, year-to-date, “The average sale price was up more than 20% over the average sale price at this time last year.”
