October 2019 Market Statistics

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for October 2019. 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 increased 21.8 percent for Single Family homes and increased 26.2 percent for Townhouse-Condo properties.
  • Pending sales increased 46.6 percent for Single Family homes and increased 2.8 percent for Townhouse-Condo properties.
  • Inventory decreased 14.6 percent for single-family homes and 28.7 percent for Townhouse-Condo properties.
  • The median sales price was down 4.6 percent to $286,250 for single-family homes but increased 22.2 percent to $277,000 for townhouse-condo properties.
  • Closed sales increased 22.7 percent for Single Family properties but decreased 2.8 percent for townhouse-condo properties.
  • Days on market decreased 11.4 percent or to 62 days for Single Family homes but increased 4.6 percent or to 68 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 24.0 percent for Single Family units and decreased 27.6 percent for townhouse-condo units.

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Monthly Statistics by Town and County