Buyer Demand Remains Strong & Homes for Sale Remain in Chittenden County

Move right in to this stylish, tastefully appointed cape on a small cul-de-sac in Shelburne. | MLS # 4722677

 Median Sale PriceAverage Sale PriceUnits SoldNewly ListedDays on Market
Single-Family $339,950 (5.6%) $381,536 (4.3%)928 (-2.6%) 1,304 (-2.3%)62 (-12.7%)
Condos $231,500 (-0.6%) $263,455 (0.8%)497 (6%) 678 (15.7%)57 (-33.7%)

With record lows for Single Family homes available for sale and strong buyer demand – homes are on the market, on average, for only 2 months from list to close.

The median and average sale prices continue to post healthy increases across the county. Condominiums are a popular choice among buyers interested in ease of maintenance and more affordable pricing compared to single-family homes.

The number of condos sold through the 3rd quarter continues to rise as many newly listed options come on the market.

The large majority of multi-family sales across the region are in Chittenden County. An 8% decrease in available properties, coupled with a 32% increase in closed sales drove the median and average sale prices up 11.5% and 22% respectively.