The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin
Changes for October over last year at this time include:
– New Listings remained flat for Single Family homes but increased 4.8 percent for Townhouse-Condo properties.
– Pending Sales increased 28.1 percent for Single Family homes but decreased 1.6 percent for Townhouse-Condo properties.
– The median sales price was up 8.0 percent to $278,000 for Single Family homes but decreased 9.5 percent to $219,000 for townhouse-condo properties.
– Closed sales increased 5.6 percent for Single Family properties and increased 13.1 percent for townhouse-condo properties.
– Average days on market decreased only 1 percent or 101 days for Single Family homes and decreased 35.8 percent or 52 days for the townhouse-condo market.
– Month’s supply of inventory decreased 19.4 percent, or 5.0 months for Single Family units and decreased 18.9 percent, or 3.0 months for townhouse-condo units.