December 2018 Market Statistics

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for December 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 December over last year at this time include:

  • New Listings were down 8.3 percent for Single Family homes and decreased 9.7 percent for Townhouse-Condo properties.
  • Pending sales decreased 7.1 percent for Single Family homes and decreased 16.7 percent for Townhouse-Condo properties.
  • The median sales price was up 8.9 percent to $321,500 for Single Family homes and increased 5.2 percent to $259,900 for townhouse-condo properties.
  • Closed sales decreased 22.8 percent for Single Family properties and decreased 5.6 percent for townhouse- condo properties.
  • Average days on market increased 1.39 percent or to 80 days for Single Family homes and increased 53.7 percent or 103 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 13.6 percent for Single Family units but remained flat for townhouse- condo units.
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The monthly market statistics report is sponsored by NorthCountry Federal Credit Union.

Monthly Statistics By Town