Colchester 3rd Quarter Update 2019

Dated: 10/29/2019

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Here's your Colchester 3rd Quarter Update.

Changes for 3rd Quarter over last year at this time include:

  • The median sales price was up 9.76 percent to $370,994 for Single Family homes and increased 48.78 percent to $305,000 for townhouse-condo properties. A couple of lakefront properties helped bump up condo numbers.
  • Closed sales increased 55 percent for Single Family properties and were relatively flat for townhouse-condo properties.
  • Days on market decreased by almost 61 percent to 31 days for Single Family homes and increased 54.5 percent to 55 days for the townhouse-condo market. New construction was a factor for condos.

The above numbers only reflect a three-month window and there are many variables that can cause large fluctuations in the statistics. Feel free to reach out for a detailed explanation and if there's anything else you need to know about real estate I'm always happy to help! 

Curious what your home is worth? View our Instant Market Report, including comparables, instantly.

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John Abry

John enjoys assisting sellers & buyers of Chittenden County and Lake Champlain properties while striving to ensure every family feels confident when buying or selling a home. He is also a Realtor part....

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