March 2020 Market Statistics

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

Download Summary Report
The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for March 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 March Stats Infographic.

Changes for March over last year at this time include:

  • New Listings decreased 13.2 percent for Single Family homes but increased 16.4 percent for Townhouse-Condo properties.
  • Pending sales decreased 5.9 percent for Single Family homes and increased 14.1 for Townhouse-Condo properties.
  • The median sales price was up 1.0 percent to $306,000 for Single Family homes and increased 10.9 percent to $266,000 for townhouse-condo properties.
  • Closed sales increased 2.5 percent for Single Family properties and decreased 1.9 percent for townhouse-condo properties.
  • Average days on market decreased 13.5 percent or to 83 days for Single Family homes and decreased 35.4 percent or 62 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 36.6 percent for Single Family units and decreased 33.3 percent for townhouse-condo units.

Monthly Statistics by Town and County