April 2019 Market Insights
Updated: May 30, 2019
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This report is produced by the New England Real Estate Network. Contact us to learn more about the current market in your town or a county not listed here.
May 14, 2019
FOR IMMEDIATE RELEASE
Contact: Kathleen A. Sweeten, CEO
NVBR Releases March 2019 Market Statistics
The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for April 2019. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.
Changes for April over last year at this time include:
New Listings decreased 10.2 percent for Single Family homes and decreased 37.7 percent for Townhouse-Condo properties.
Pending sales increased 28.0 percent for Single Family homes but decreased 13.5 percent for Townhouse-Condo properties.
The median sales price was up 1.4 percent to $296,625 for Single Family homes and increased 19.5 percent to $245,000 for townhouse-condo properties.
Closed sales decreased 11.8 percent for Single Family properties and remained flat for townhouse-condo properties.
Average days on market decreased 35.2 percent or to 70 days for Single Family homes and remained flat for the townhouse-condo market.
Month’s supply of inventory decreased 9.5 percent for Single Family units and decreased 27.6 percent for townhouse-condo units.
The monthly market statistics report is sponsored by NorthCountry Federal Credit Union.