September 2018 Market Statistics

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

  • New Listings were down 1.4 percent for Single Family homes but increased 13.5 percent for Townhouse-Condo properties.
  • Pending Sales increased 17.7 percent for Single Family homes but decreased 35.9 percent for Townhouse-Condo properties.
  • The median sales price was up 12.2 percent to $303,000 for Single Family homes and increased 13.3 percent to $226,000 for townhouse-condo properties.
  • Closed sales decreased 12.2 percent for Single Family properties and decreased 3.3 percent for townhouse- condo properties.
  • Average days on market decreased 26.8 percent or 60 days for Single Family homes and decreased 15.5 percent or 49 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 20.0 percent for Single Family units and 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