Shelburne Real Estate – Homes For Sale


    Sorry we are experiencing system issues. Please try again.

    INFORMATION ON SHELBURNE REAL ESTATE – HOMES FOR SALE

    Living room with grey sofa and chairs

    About Shelburne Real Estate

    When you are buying or selling a property, you are always going to need to benefit from having as much information as possible about the property markets at the time. Looking at somewhere like the local town of Shelburne, it is a good idea to get as close as you can to what is going on in the markets there. In this post, we are going to take a deep dive into the Shelburne real estate markets, by taking a close look at what has happened to it in the past, looking at its current trends and state of affairs, and making a couple of salient predictions for the future too. Let’s take a look and see where things stand.

    First of all, we’ll take a look at some of the most important trends that have occurred over the past few years in Shelburne. This can often give us an important set of insights into why the market is where it currently is, as well as what we might be able to expect in the future too, and sometimes it can throw up ideas about, for instance, which type of property is worth buying or selling right now.

    Living with white furniture and wood coffee table

    The Shelburne Real Estate Market

    In particular, let’s look at the trends of the past three years. If we are looking at the average price for properties of all kinds in that time, we can see a clear, healthy upward trend, though with some of the usual downturns that you can expect at such a volatile time in history as this. Back in December of 2017, the average price for properties of all kinds in Shelburne was $175 per square foot. This then rose until around June of the following year – 2018 – at which time that price per square foot was levelling out at around $196.

    After that, we began to see a decline of sorts, though in fact not a huge one, and all that happened was the gains of the past months cancelled themselves out again. By August of 2018, the price had gone down to $176 or so, so about where we were in December of the previous year. This is very much a part of the normal ups and downs of the real estate market, and in this Shelburne is no different to anywhere else. But there did come a more significant rise after that, with house prices shooting up consistently until January of 2019, at which point that average price per square foot became around $213, a significant increase on the previous year.

    Shelburne Homes for Sale – History

    Of course, when these highs are reached, it is never that long until it starts to move in the other direction again, and that happened as soon as March, at which point we started to see a fall that continued all the way through to June of 2019, when the average cost became $177 per square foot. There was then a modest increase with it hitting the $200 mark around October 2019, which turned out to be only the start of a meteoric rise that lasted through to January of this year, 2020. By January 17th, $334 per square foot was the average cost of a home in Shelburne – a significant increase indeed in just a few months, and higher than anything in the past few years.