Monday, January 7, 2008

Chittenden County Market Trends Dec. 2007

Based upon information provided by the Northwestern Vermont Board of Realtors (NVBR) as of today for the month of December 2007, there were 109 total units sold within all towns in Chittenden County with a total listed volume of $35,610,105. Divide this number by the units sold (109) and you get an average listed price of $326,698. Juxtapose this figure to the actual total sold volume of $34,461,310 then divide this number by the units sold (109) and you come up with an average sold price of $316,159. 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 $10,539 or (drum roll please) a 96.8% list to sell percentage. Average days on the market for these 109 properties was 74.

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 or post your comments here at Hurd's The Word.

Towns included in these single family residential, townhouse/condo and land figures for all of Chittenden County: Bolton, Buels Gore, Burlington, Charlotte, Colchester, Essex Junction, Essex, Hinesburg, Huntington, Jericho Village, Jericho, Milton, Richmond, Shelburne, South Burlington, St George, Underhill, Westoford, Williston and Winooski Vermont.

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