Blog :: 07-2018

June 2018 Market Statistics

June 2018 Market Statistics

 

The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for June 2018. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.

Changes for June over last year at this time include:

  • New Listings were up 6.5 percent for Single Family homes and increased 16.0 percent for Townhouse-Condo properties.
  • Pending Sales increased 5.5 percent for Single Family homes but remained flat for Townhouse-Condo properties.
  • The median sales price was up 2.1 percent to $296,000 for Single Family homes and increased 8.0 percent to $230,000 for townhouse-condo properties.
  • Closed sales decreased 4.1 percent for Single Family properties but increased 30.6 percent for townhouse-condo properties.
  • Average days on market decreased 17.1 percent or 63 days for Single Family homes and increased 42.9 percent or 70 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 27.7 percent for Single Family units and decreased 6.1 percent for townhouse-condo units.

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    Burlington Vermont is a Foodies Delight!

    Burlington, Vermont
    The Green Mountain State has it all: farm-fresh produce and cheese, nationally renowned beer and cider, and damn good coffee. On top of that, visitors have all the hiking, skiing and kayaking options they need to burn it all off. Burlington, in particular, sits in the northwestern corner of the state, along the eastern shore of Lake Champlain just south of the Canadian border. There, locals and visitors are spoiled for choice when it comes to places to dinebut the�Burlington Farmers' Market�is one concentrated area with a bounty of fresh, locally grown produce, handmade crafts, sweet and savory treats, and meats and cheeses from Vermont's lush pastures. It is quintessential Burlington, and its been ranked among the top ten farmers markets in the country, with 39 dates a year that attract 300,000 shoppers annually who can attest to its glory. Plus, you can feel good about supporting the local economy while you eat fresh, nutritious, locally-grown food.

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      Move to Vermont. Work From Home. Get $10,000. (Or at Least Something.)

      Daydreaming about moving somewhere less populated, maybe to where you can ski in your down time and tap trees for maple syrup? If so, Vermont is beckoning, and might even pay you for your trouble.

      On Wednesday, Gov. Phil Scott, a Republican, signed into law a bill that will give a number of people who move to Vermont from another state up to $10,000 to help ease the transition.

      The money — part of a grant program designed to draw tech workers and revitalize the state’s aging work force — is intended to help with costs like relocation, computer software and hardware, broadband access and membership in a shared professional space.

      Those who relocate and take part in the program need to be full-time employees of a business based outside of Vermont and need to be able to work remotely. They also must become a full-time Vermont resident in 2019.

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