Chittenden County Real Estate Annual Market Trends 2009

January 27th, 2010

Burlington VT

Based upon information provided by the Northwestern Vermont Board of Realtors (NVBR) as of today for all of 2009, there were 1410 single family residential and condominium units sold within all the towns which comprise Chittenden County in Vermont with a total listed volume of $398,226,858. Compare that number to the actual volume of total sold properties at $383,158,490. The List-to-Sell Variance is $10,687 or last year’s List-to-Sell Percent is 96%. The average sale price for all of Chittenden County was $271,744. These numbers represent a 1.00% increase in the average sales price from the same time period one year earlier (1/1/09-12/31/09).

Average days on the market for all these 1410 properties was 93 compared to 91 one year earlier or 2.2% longer on the market.

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

If you are considering listing your home for sale or buying a home, condominium or other real estate in Burlington, Vermont, please give me a call or email me to discuss the market and your options. I would be delighted to assist you. I can be reached on my direct line at 802.238.5256 or email me at [email protected]

As always, please feel free to post any thoughts and comments right here on Hurd’s The Word.

(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.)