A view of the Kedron Foot Bridge that leads from the village of Woodstock, Vermont up to the lovely residential neighborhood of High Street.

Todays New York Times reports that " The median price of American homes is expected to fall this year for the first time since federal housing agencies began keeping statistics in 1950."

Woodstock homes sold through Realtors in the past 4 years look like this:

Year # Sold Median Price # under $300,000 # over 1 million

01 thru 08/26

_______________________________________________________

2007 26 $260,000 13 2

2006 33 $435,000 8 3

2005 33 $340,000 11 6

2004 36 $267,000 18 2

The other interesting facet of the article is that many who previously thought that national statistics were irrelevant because real estate markets are not national, but local, have changed their mind. We do, indeed seem to be in a national Buyer's Market. I think that the general wisdom has been that Woodstock was, more or less, immune from national trends but the statistics seem to indicate otherwise.