What Happened With Chittenden County Real Estate in October?

Dated: 11/20/2019

Views: 73

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! 

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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