Sunday, February 8, 2009

Charlotte Vermont Annual Market Data & Trends for all of 2008

Based upon information provided by the Northwestern Vermont Board of Realtors (NVBR) as of today for all of 2008, there were 16 single family residential and condominium units sold within Charlotte Vermont with a total sold volume of $12,061,885. These numbers represent a 51.52% reduction in the number of units sold from the same time period one year earlier (1/1/07-12/31/07). Divide this number by the units sold (16) and you get an average sale price of $753,868. These numbers represent a 8.13% INCREASE in the average sales price from the same time period one year earlier (1/1/07-12/31/07).

Average days on the market for these 16 properties was 106 compared to 65 one year earlier or 63.08% longer on the market.

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 at Hurd's The Word or go to my website at Charlotte Vermont Real Estate.

(These figures include sold numbers for single family residential and condominium only in all the towns which comprise Chittenden County, Vermont only. All information deemed reliable but not guaranteed by Vermont Real Estate Information Network which supplies these figures.)

1 comment:

pjeary said...

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