How’s the Market?
The answer to that question depends largely on the location, condition and price range of the property you are buying or selling. Supply still exceeds demand in many segments of the market and buyers are being very picky. A trend that seems to be across all price ranges today is the fact that buyers don’t want to buy a property that needs updating or sprucing up. They will generally choose a property that is in move in condition even if it means paying more or giving up other features.
Chittenden County Market Data
Updated 2/10/12
| Active Listings | 766 | Pending | 173 |
| 0 – $249,900 | 307 | 86 | |
| $250,000 - $349,900 | 177 | 49 | |
| $350,000 - $499,900 | 156 | 24 | |
| $500,000 - $699,900 | 59 | 8 | |
| $700,000 + | 67 | 6 |
| Sold Properties | YTD 2012 82 |
| YTD 2011 84 | |
| Average Sale Price | YTD 2012 $274,131 |
| YTD 2011 $265,735 | |
| Average Days on Market | YTD 2012 148 Days |
| YTD 2011 112 Days | |
| List to Sale Price Ratio | YTD 2012 96.13% |
| YTD 2011 95.54% |
