Monday, December 3, 2007

Stowe Vermont Market Trends Nov. 2007

Based upon information provided by the Northwestern Vermont Board of Realtors (NVBR) as of today for the month of November 2007, there were 5 residential units sold within the town of Stowe Vermont with a total listed volume of $2,637,000. Divide this number by the units sold (5) and you get an average listed sold price of $527,400. Juxtapose this figure to the actual total sold volume of $2,324,000 then divide this number by the units sold (5) and you come up with an average sold price of $464,800. Are ya' having an ADD moment yet?

So, "what's up Chris?" you're asking. Well, here you are. These numbers produced a list-to-sell variance of $62,600 or (drum roll please) a 88.13% list to sell percentage. Average days on the market for these 5 properties was 83.2.

Armed with solid numbers, buyers and sellers alike can manage their expectations and the current realities of our local market.

Call me at 802.238.5256, email me at Chris@ChrisHurdVT.com or post your comments here at Hurd's The Word.

Towns included in these single family residential figures are for Stowe Vermont only as of the date of this entry.

2 comments:

pjeary said...

Has anyone done a short sale in Real estate? Let me know what the lenders are looking for. Anyway thanks for this great post.

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Unknown said...

Good thing you have done here, Thanks! This is a pretty up beat post about real estate that I am quoted in.

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