Based upon information provided by the Northwestern Vermont Board of Realtors (NVBR) as of today for the month of December 2007, there were 5 residential units sold within the town of Stowe Vermont with a total listed volume of $4,888,000. Divide this number by the units sold (5) and you get an average listed sold price of $977,600. Juxtapose this figure to the actual total sold volume of $4,444,000 then divide this number by the units sold (5) and you come up with an average sold price of $888,800. 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 $444,000 or (drum roll please) a 90.91% list to sell percentage. Average days on the market for these 5 properties was 238.
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.
No comments:
Post a Comment