August 2017 Market Statistics

August 2017 Market Statistics

Image title

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for August 2017. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.

Changes for August over last year at this time include:

  • New Listings were down 3.7 percent for Single Family homes and decreased 18.5 percent for Townhouse-Condo properties.

  • Pending Sales increased 16.1 percent for Single Family homes but decreased 1.5 percent for Townhouse-Condo properties.

  • The median sales price was up 10.7 percent to $292,500 for Single Family homes and 4.6 percent to $224,950 for townhouse-condo properties.

  • Closed sales increased 3.3 percent for Single Family properties and decreased 12.3 percent for townhouse- condo properties.

  • Average days on market decreased 28.3 percent or 81 days for Single Family homes and decreased 23.7 percent or 71 days for the townhouse-condo market.

  • Month’s supply of inventory decreased 20 percent, or 5.6 months for Single Family units and decreased 20.0 percent, or 3.2 months for townhouse-condo units.

John Abry Headshot
Phone: 802-274-5806
Dated: September 21st 2017
Views: 185
About John: John enjoys assisting buyers and sellers of Chittenden County and Lake Champlain properties and he s...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

March 2018 Real Estate Market Statistics For Chittenden County - The Northwestern Vermont Board of
Colchester 1st Quarter 2018 Market Update - 1st quarter Single Family home
Whats Happening With Colchester Real Estate - Colchester Real Estate: What
Most Recommended Service Providers - Service ProvidersIn the real

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

RE/MAX North Professionals
875 Roosevelt Highway, Suite 210
Colchester, VT