Northwest Vermont REALTOR® Association Releases December 2024 Market Statistics

December 2024
FOR IMMEDIATE RELEASE
Contact: Troi Bachmann, CEO

Northwest Vermont REALTOR® Association Releases December 2024 Market Statistics

Changes for December over last year at this time include:

• New Listings increased 16.2 percent for single-family homes and increased 50 percent for townhouse-condo properties.
• Median Sold $/Sq. Ft. increased 6.2 percent for single-family homes and increased 3.7 percent for townhouse-condo properties.
• Inventory increased 51.1 percent for single-family homes and increased 23.8 percent for townhouse-condo properties.
• The Median Sales Price was up 17.7 percent to $495,000 for single-family homes and increased 7.7 percent to $355,000 for townhouse-condo properties.
• Days on Market increased 100 percent to 28 days for single-family homes and increased 38.5 percent to 18 days for townhouse-condo properties.
• Closed Sales decreased 3.4 percent for single-family homes to 141 and increased 14 percent for townhouse-condo properties to 57.

Check out this tool: Vermont Association of Realtors Market Statistics Dashboard.

*The Northwest Vermont REALTOR® Association (NVRA) is the “Voice for Real Estate” in northwestern Vermont representing over 650 members involved in all aspects of the residential and commercial real estate industries. The monthly market statistics report is sponsored by LMC Law.