Chittenden County Local Market Update October 2019

Chittenden County Local Market Update October 2019

Changes for October over last year at this time include:

Single Family Homes

  • New Listings: 139 – up 26.4%
  • Closed Sales: 128 – up 4.1%
  • Median Sales Price: $344,500 – up 6.0%
  • Percent of Original List Price Received: 97.5% – up 1.2%
  • Days on Market Until Sale: 33 – down 37.7%
  • Inventory of Homes for Sale: 313 – down 14.5%
  • Months Supply of Inventory: 2.5 – down 26.5%

Townhouse/Condo

  • New Listings: 73 – up 37.7%
  • Closed Sales: 63 – up 4.5%
  • Median Sales Price: $277,000 – up 21.3%
  • Percent of Original List Price Received: 98.4% – up 0.4%
  • Days on Market Until Sale: 56 – up 3.7%
  • Inventory of Homes for Sale: 112 – down 30.9%
  • Months Supply of Inventory: 2.9 – down 31%

Activity for one month can sometimes look extreme due to small sample size. Feel free to reach out for a detailed explanation. I’m always happy to help! 

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