Chittenden County Vermont Annual Real Estate Market Data and Trends from 2012

IMG_0055Chittenden County Vermont Year End Data 2012

Based upon information provided by the Northern New England Real Estate Network (NNEREN) for all of 2012, there were 1,604 single family residential and condominium units sold within Chittenden County Vermont (the towns comprising Chittenden County Vermont include these towns: Bolton, Buels Gore, Burlington, Charlotte, Colchester, Essex, Essex Junction, Hinesburg, Huntington, Jericho, Milton, Richmond, Shelburne, South Burlington, St George, Underhill, Westford, Williston, Winooski) with a total sold volume of $454,916,899. Compare that number to a total of 1,342 single family residential and condominium units sold in 2011 with a total sold volume at $375,695,790. These numbers indicate an increase in the actual number of sales from 1,342 to 1,604 from 2011 to 2012 (an increase of 19.42%) and an increase in total sold volume of 21.08%. The average sale price was up in 2012. In 2012, the average sale price of a home in Chittenden County VT was $283,614.03 up from $279,952.15 in 2011 an increase of 1.30%. 

Average days on the market  in 2012 was 101 compared to 99 in 2011 or an average increase of 1.39%.

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 property in Chittenden County 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 by email 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 Chittenden County Vermont only. All information deemed reliable but not guaranteed by the Northern New England Real Estate Network (NNEREN) which supplies these figures.)

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