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: 9
About John: John specializes in assisting buyers and sellers of Colchester Vermont and Lake Champlain properties...

Property Search

RSS Feed

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

Search Blog

Recent Blogs

August 2017 Market Statistics - The Northwestern Vermont Board of
Congratulations Mark - Congratulations to Mark Houle
Home Services Directory - This list includes names given to
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

Suzanne Johnson
875 Roosevelt Highway, Suite 210
Colchester, VT