Based upon information provided by the Northwestern Vermont Board of Realtors (NVBR) as of today for the year of 2007, there were 1,678 residential, townhouse/condo and land units sold within all towns in Chittenden County with a total listed volume of $499,610,659. Divide this number by the units sold (1,678) and you get an average listed price of $297,742. Juxtapose this figure to the actual total sold volume of $486,985,952 then divide this number by the units sold (1,678) and you come up with an average sold price of $290,218. Are ya' having an ADD moment yet?
So, "what's up Chris?" you're asking. Well, here you are. These numbers produced a list-to-sell variance of $7,524 or (drum roll please) a 97.5% list to sell percentage. Average days on the market for these 1,678 properties was 82.
Armed with solid numbers, buyers and sellers alike can manage their expectations and the current realities of our local market.
Call me at 802.238.5256, email me at Chris@ChrisHurdVT.com or post your comments here at Hurd's The Word.
Towns included in these single family residential figures for all of Chittenden County: Bolton, Buels Gore, Burlington, Charlotte, Colchester, Essex Junction, Essex, Hinesburg, Huntington, Jericho Village, Jericho, Milton, Richmond, Shelburne, South Burlington, St George, Underhill, Westoford, Williston and Winooski Vermont.
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