Northwest Vermont REALTOR® Association Releases March 2024 Market Statistics

March 2024
FOR IMMEDIATE RELEASE
Contact: Mike Berk, CEO

Northwest Vermont REALTOR® Association Releases March 2024 Market Statistics 

Changes for March over last year at this time include:

• New Listings increased 6.5 percent for single-family homes and increased 16.9 percent for townhouse-condo properties.
• Median Sold $/Sq. Ft. increased 4 percent for single-family homes and decreased 6.9 percent for townhouse-condo properties.
• Inventory increased 3.3 percent for single-family homes and increased 6.1 percent for townhouse-condo properties.
• The Median Sales Price was up 17.7 percent to $494,500 for single-family homes and decreased 5.9 percent to $320,000 for townhouse-condo properties.
• Days on Market remained at 7 days for single-family homes and increased 50% percent to 6 days for townhouse-condo properties.
• Closed Sales decreased 1.2 percent for single-family homes to 81 and increased 37.5 percent for townhouse-condo properties to 29.

County-by-County Median Sales Price:

Check out this new 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.