Northern Vermont Market Report

September Statistics: Northwestern Vermont Real Estate

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Nationwide, existing home sales were down slightly in August, falling 2% after
two consecutive months of increases, according to the National Association of
REALTORS®. The decline in existing home sales coincides with rising sales
prices, which have continued to soar into fall, with the median sales price of
existing homes up 14.9% compared to last year. Declining affordability has [...]

August Market Update

Vermont Real Estate Market Report - August 2021

Per Northern Vermont Board of Realtors:

The booming U.S. housing market has spilled over to the rental market, which
has seen demand for apartment and single-family rentals skyrocket this year, as
high sales prices and an inadequate supply of available housing have forced
many prospective buyers to rent for the foreseeable future. Increased [...]

Vermont Real Estate - Market Update - June

Vermont Real Estate Market Report - June 2021

School’s out, and as vaccination rates rise and America enters a new normal, the U.S. housing market continues along at a frenzied pace, with low-interest rates and limited inventory fueling record-high sales prices. May saw the median existing-home sales price exceed $350,000, a 24% increase and the largest year-over-year increase since 1999, according to the National Association of REALTORS®. Eager buyers are making multiple offers, some for well over the asking price, while others are making offers on homes sight unseen.

New Listings decreased 3.3 percent for single-family homes but increased 27.1 percent for townhouse-condo properties. Pending Sales decreased 4.6 percent for single-family homes and 8.9 percent for townhouse-condo properties. Inventory decreased 43.9 percent for single-family homes and 34.0 percent for townhouse-condo properties.

August 2020 Market Report

NW Vermont Real Estate Market Report - August 2020

  • New Listings decreased 1.0 percent for Single Family homes 7.1 percent for townhouse-Condo properties.
  • Pending sales increased 30.4 percent for Single Family homes and increased 15.9 percent for townhouse-Condo properties.
  • Inventory decreased 48.8 percent for Single Family homes and 49.7 percent for townhouse-condo properties.
  • The median sales price was up 10.7 percent to $334,000 for Single Family homes and decreased 5.4 percent to $245,000 for townhouse-condo
  • [...]

2020 Market Reports

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Changes to the market year over year: 

  • New Listings decreased 15.0 percent for Single Family homes but increased 27.3 percent for townhouse-Condo properties.
  • Pending sales increased 24.6 percent for Single Family homes and increased 53.6 percent for townhouse-Condo properties.
  • Inventory decreased 44.2 percent for Single Family homes and 40.1 percent for townhouse-condo
  • [...]
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