August 2018 Market

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for August 2018. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.

Changes for August over last year at this time include:

  • New Listings were up 12.1 percent for Single Family homes but decreased 13.0 percent for Townhouse-Condo properties.
  • Pending Sales increased 18.1 percent for Single Family homes but decreased 3.2 percent for Townhouse-Condo properties.
  • The median sales price was down 1.3 percent to $289,000 for Single Family homes but increased 0.4 percent to $226,000 for townhouse-condo properties.
  • Closed sales increased 10.7 percent for Single Family properties and increased 12.3 percent for townhouse- condo properties.
  • Average days on market decreased 23.5 percent or 62 days for Single Family homes and decreased 34.2 percent or 48 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 19.7 percent for Single Family units and decreased 14.3 percent for townhouse-condo units.
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The monthly market statistics report is sponsored by NorthCountry Federal Credit Union.

Monthly Statistics By Town