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June Market Update Chittenden County, VT

By
Real Estate Broker/Owner with Catamount Realty Group

Chittenden County is looking good for real estate. Here are June's market statistics.

• New Listings were up 1.5 percent for Single Family homes and increased 33.3 percent for Townhouse-Condo properties.

• Pending Sales increased 30.8 percent for Single Family homes and increased 34.5 percent for Townhouse-condo properties.

• The median sales price was up slightly 0.6 percent to $270,000 for Single Family homes and decreased 5.3 percent to $213,000 for townhouse-condo properties.

• Closed sales increased 17.9 percent for Single Family properties and decreased 30.3 percent for townhouse- condo properties.

• Average days on market until sale increased to 90 days for Single Family homes and decreased to 47 days for the townhouse-condo market.

 

• Month’s supply of inventory decreased 23.5 percent for Single Family units and decreased 11.7 percent for townhouse-condo units.