January 2020 Market Statistics

NVBR Market Reports are sponsored by the North Country Federal Credit Union.

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The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for January 2020. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and
Grand Isle Counties.

Download the January Market Report Infographic

Changes for January over last year at this time include:

  • New Listings decreased 18.9 percent for Single Family homes but increased 43.2 percent for Townhouse-Condo properties.
  • Pending sales increased 15.3 percent for Single Family homes and increased 80.0 percent for Townhouse-Condo properties.
  • Inventory decreased 23.9 percent for single-family homes and 31.2 percent for Townhouse-Condo properties.
  • The median sales price was up 11.7 percent to $320,000 for single-family homes and up 9.5 percent to $268,000 for townhouse-condo properties.
  • Closed sales increased 21.9 percent for Single Family properties and increased 48.5 percent for townhousecondo properties.
  • Days on market increased 55.2 percent or to 90 days for Single Family homes but remained flat at 71 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 33.3 percent for Single Family units and decreased 37.9 percent for townhouse-condo units.

Monthly Statistics by Town and County