October 2018 Market Statistics

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

  • New Listings were up 2.7 percent for Single Family homes but decreased 6.2 percent for Townhouse-Condo properties.
  • Pending sales decreased 15.9 percent for Single Family homes but increased 30.9 percent for Townhouse-Condo properties.
  • The median sales price was up 8.1 percent to $300,000 for Single Family homes and increased 2.1 percent to $226,700 for townhouse-condo properties.
  • Closed sales decreased 2.1 percent for Single Family properties and increased 1.4 percent for townhouse-condo properties.
  • Average days on market decreased 32.0 percent or 70 days for Single Family homes and increased 18.2 percent or 55 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 11.1 percent for Single Family units and decreased 15.2 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