http://blog.prestigekillington.com Killington Vermont real estate news Tue, 01 Apr 2008 14:08:21 +0000 http://backend.userland.com/rss092 en Although property sales did not compare with the “boom times” of 2003 through 2005, overall Killington real estate sales volume was better than in the first quarters of 2006 and 2007.  Sales revenues of $4.5 million for the quarter were up 27% over the same period last year. Condo Sales Twelve condominiums ... http://blog.prestigekillington.com/uncategorized/1st-quarter-killington-real-estate-sales-are-up/65/ A new high-speed detachable quad will replace the existing Skye Peak Quad operating out of Bear Mountain base.  This new lift will cut the riding time from 13 minutes to just under 5 minutes.  Additional on-mountain trail improvements and further investments in the snowmaking infrastructure will also be made. http://blog.prestigekillington.com/uncategorized/killington-resort-announces-84-million-in-improvements/64/ SP Land has announced that the development of the “Village” is on hold.  The Town of Killington wants SP Land to present a new PUD (planned unit development) reflecting proposed changes to the Village project. SP Land requested an extension of the current PUD which the Town had previously approved ... http://blog.prestigekillington.com/uncategorized/killington-village-on-hold/63/ Home sales were down in Killington with ony 12 properties sold in 2007.  Although the average sale price was $521,000 up from  $391,000 in 2006, like Killington condominiums, the number of sales decreased, from 23 to 12. The lowest price paid for a home in Killington was $269,000 for a ... http://blog.prestigekillington.com/uncategorized/killington-home-sales-down-in-2007/62/ 2007 posted a new low for Killington condominium sales with only 51 sold.  The lowest priced sale was for a one bedroom/one bath Mountain Green Condominium for $75,000 and the  highest price was for a ski on/ski off duplex town home at Topridge for over $900,000.As of December 31, 2007 ... http://blog.prestigekillington.com/uncategorized/2007-a-difficult-real-estate-year-for-killington/61/ Since our last formal update, at the end of the 3rd quarter of 2007, in Prestige Real Estate's quarterly newsletter, 14 Killington condominiums, 3 Killington homes, and 1 parcel of Killington land have sold.  That is down fairly substantially in all three categories from the same period last year.  Killington ... http://blog.prestigekillington.com/uncategorized/killington-real-estate-market-status-update/60/ All I've heard since Killington ski resort opened this year on November 16th is how good the skiing has been.  I finally let some friends talk me into getting out onto the mountain today.  Boy, is it good!  It would not be an exaggeration to say that the conditions were ... http://blog.prestigekillington.com/uncategorized/killington-ski-conditions-are-great/59/ Four condominiums have sold in Killington since our last update (11/6/07); all were two bedroom condominiums and sold for $95,000 to $227,000. Only one house has sold in Killington, a three bedroom two bath chalet listed for $289,000 and selling for $269,000.  There are 7 properties currently under contract and scheduled to ... http://blog.prestigekillington.com/uncategorized/killington-real-estate/58/ There have been 9 condominiums sold in Killington since October 1st.  Prestige Real Estate of Killington was involved in 6 of these real estate transactions.  We participated in the sale of 2 Woods condominiums, 1 Glazebrook condominium, 1 Highridge condominium, 1 Pinnacle condominium and 1 Topridge town home.  There was ... http://blog.prestigekillington.com/uncategorized/recent-killington-vermont-real-estate-activity/57/ On Monday night, October 15, 2007 a group of two dozen or more town residents attended a meeting of the town of Killington Selectboard to voice their concerns about some of Powdr Corp's new Killington mountain operations decisions.  The decision that raised most concerns at this meeting related to Killington's ... http://blog.prestigekillington.com/uncategorized/killington-east-residents-voice-concerns-to-killington-town-officials/56/