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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 properties.
  • Closed sales increased 8.5 percent for Single Family properties and decreased 11.8 percent for townhouse-condo properties.
  • Average days on market increased 12 percent or to 56 days for Single Family homes and decreased 32 percent or 36 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 48.8 percent for Single Family units and decreased 49.7 percent for townhouse-condo units.

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