{"id":1133,"date":"2017-05-08T09:03:04","date_gmt":"2017-05-08T13:03:04","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=1133"},"modified":"2022-11-06T10:19:40","modified_gmt":"2022-11-06T15:19:40","slug":"days-on-the-market-has-dropped-from-150-days-to-80-days-for-single-family-homes-in-chittenden-county","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2017\/05\/days-on-the-market-has-dropped-from-150-days-to-80-days-for-single-family-homes-in-chittenden-county\/","title":{"rendered":"\u201cDays on the Market\u201d has dropped from 150 days to 80 in Chittenden County"},"content":{"rendered":"
\"\"
South Village<\/a>, a neighborhood of single-family homes and Townhomes in the heart of Vermont\u2019s beautiful Champlain Valley.<\/figcaption><\/figure>\n

\n\n\n\n\t\n\n\t\n\t
Single Family<\/th><\/th><\/th><\/th><\/th>\n<\/tr>\n<\/thead>\n
Median Sale Price:<\/td>Average Sale Price:<\/td>Units Sold:<\/td>Newly Listed:<\/td>Days on Market:<\/td>\n<\/tr>\n
$289,000 (+1%)<\/td>$332,990 (-1.3%)<\/td>178 (-10.1)<\/td>333 (-14.6%)<\/td>80 (-46.7%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n\n\n\n\n\t\n\n\t\n\t
Condo<\/th><\/th><\/th><\/th><\/th>\n<\/tr>\n<\/thead>\n
Median Sale Price:<\/td>Average Sale Price:<\/td>Units Sold:<\/td>Newly Listed:<\/td>Days on Market:<\/td>\n<\/tr>\n
$252,200 (+19.2%)<\/td>$287,334 (+22%)<\/td>102 (-14.3%)<\/td>143 (-5.3%)<\/td>105 (-18.6%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/p>\n


\n<\/strong>The residential property market in Chittenden County <\/a>continues to see strong demand from buyers while inventory remains extremely tight, especially for single-family homes.\u00a0<\/strong><\/p>\n

The pace of the market is reflected in the \u201cDays on the Market until Sale\u201d which has dropped from 150 days to 80 days for single-family homes during the first quarter of 2017. Sellers and Buyers alike need to be prepared to act when they decide to enter the real estate market.<\/p>\n

The median and average sale prices for condominiums showed healthy gains due to new construction and higher-priced units selling rather than increases in the prices of existing units.<\/p>\n

With residential sales flat in 2016 and the continuing decline in inventory in early 2017, the median sale price for single-family homes may rise more than the 1% we\u2019ve seen in the first quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"

The residential property market in Chittenden County continues to see strong demand from buyers while inventory remains extremely tight, especially for single-family homes.\u00a0 The pace of the market is reflected in the \u201cDays on the Market until Sale\u201d which has dropped from 150 days to 80 days for single-family homes during the first quarter of … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1133"}],"collection":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/comments?post=1133"}],"version-history":[{"count":6,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1133\/revisions"}],"predecessor-version":[{"id":3856,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/1133\/revisions\/3856"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=1133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=1133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=1133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}