{"id":4727,"date":"2024-07-24T10:55:45","date_gmt":"2024-07-24T14:55:45","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=4727"},"modified":"2024-07-24T13:38:11","modified_gmt":"2024-07-24T17:38:11","slug":"chittenden-county-mid-year-report","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2024\/07\/chittenden-county-mid-year-report\/","title":{"rendered":"Chittenden County Mid-Year Report"},"content":{"rendered":"
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17 Pinnacle Drive, Milton, VT<\/a> ~ This stunning home on Pinnacle Drive in Milton is a hidden gem with 2.95 acres!<\/figcaption><\/figure>\n


\nA surge in newly listed condos<\/a> and single-family homes resulted in 658 closed sales during the first 6 months of the year. This is the first time in over 5 years that the number of closed sales<\/a> has not declined. Burlington<\/a>, Essex<\/a>, Williston<\/a>, Hinesburg<\/a>, and Jericho<\/a> all posted increases in sales. <\/strong><\/p>\n\n\n\n\n\t\n\n\t\n\t
Single-Family January-June 2024<\/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
$575,000 \t+4.9%<\/td> $680,847 \t+13.5%<\/td>404\t-0.3%<\/td>605\t+9.2%<\/td>31\t+10.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\t\n\n\t\n\t
Condos January-June 2024<\/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
$355,750 \t-1.2%<\/td> $413,025 \t-1.3%<\/td>254\t+8.6%<\/td>390\t+30.4%<\/td>23\t+35.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

\"\"South Burlington\u2019s drop-in single-family sales reflects a shift in new construction sales during the first half of 2023 vs 2024. As O\u2019Brien\u2019s Hillside East<\/a> closes many new homes<\/a> through the remainder of 2024, the results in South Burlington will shift.<\/p>\n

Condos were a bright spot in Chittenden County<\/a> sales, increasing nearly 9% with a 30% jump in available condos<\/a>. South Burlington, Essex, Colchester<\/a>, and Burlington lead the market.<\/p>\n

\"\"<\/p>\n

<\/h2>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
SINGLE FAMILY SALE PRICE<\/th>MEDIAN<\/th>VS 2023<\/th>UNITS SOLD<\/th>VS 2023<\/th>NEWLY LISTED<\/th>VS 2023<\/th>DAYS ON MARKET<\/th>\n<\/tr>\n<\/thead>\n
Bolton<\/td>$547,600 <\/td>-5.3%<\/td>3<\/td>-25.0%<\/td>3<\/td>-40.0%<\/td>5<\/td>\n<\/tr>\n
Burlington<\/td>$530,750 <\/td>-13.0%<\/td>72<\/td>4.4%<\/td>112<\/td>47.4%<\/td>28<\/td>\n<\/tr>\n
Charlotte<\/td>$675,000 <\/td>22.7%<\/td>13<\/td>85.7%<\/td>21<\/td>61.5%<\/td>18<\/td>\n<\/tr>\n
Colchester<\/td>$560,000 <\/td>9.2%<\/td>34<\/td>-19.1%<\/td>59<\/td>-22.4%<\/td>35<\/td>\n<\/tr>\n
Essex<\/td>$575,000 <\/td>18.9%<\/td>63<\/td>1.6%<\/td>85<\/td>16.4%<\/td>38<\/td>\n<\/tr>\n
Hinesburg<\/td>$726,000 <\/td>26.8%<\/td>18<\/td>350.0%<\/td>27<\/td>68.8%<\/td>57<\/td>\n<\/tr>\n
Huntington<\/td>$282,500 <\/td>13.0%<\/td>2<\/td>0.0%<\/td>5<\/td>66.7%<\/td>12<\/td>\n<\/tr>\n
Jericho<\/td>$564,750 <\/td>-4.3%<\/td>18<\/td>63.6%<\/td>27<\/td>12.5%<\/td>58<\/td>\n<\/tr>\n
Milton<\/td>$500,000 <\/td>17.7%<\/td>39<\/td>-4.9%<\/td>44<\/td>-8.3%<\/td>22<\/td>\n<\/tr>\n
Richmond<\/td>$525,000 <\/td>10.0%<\/td>10<\/td>25.0%<\/td>24<\/td>84.6%<\/td>6<\/td>\n<\/tr>\n
Shelburne<\/td>$690,000 <\/td>-22.0%<\/td>17<\/td>-19.1%<\/td>29<\/td>-14.7%<\/td>46<\/td>\n<\/tr>\n
South Burlington<\/td>$583,500 <\/td>-6.8%<\/td>54<\/td>-25.0%<\/td>89<\/td>-6.3%<\/td>24<\/td>\n<\/tr>\n
St. George<\/td>$885,000 <\/td>31.1%<\/td>1<\/td>-75.0%<\/td>2<\/td>-60.0%<\/td>5<\/td>\n<\/tr>\n
Underhill<\/td>$775,000 <\/td>43.5%<\/td>12<\/td>33.3%<\/td>18<\/td>12.5%<\/td>65<\/td>\n<\/tr>\n
Westford<\/td>$375,000 <\/td>-33.7%<\/td>7<\/td>0.0%<\/td>11<\/td>57.1%<\/td>25<\/td>\n<\/tr>\n
Williston<\/td>$742,250 <\/td>21.5%<\/td>34<\/td>9.7%<\/td>35<\/td>2.9%<\/td>22<\/td>\n<\/tr>\n
Winooski<\/td>$410,000 <\/td>13.9%<\/td>7<\/td>-36.40%<\/td>14<\/td>-12.5%<\/td>7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
CONDO SALE PRICE<\/th>MEDIAN<\/th>VS 2023<\/th>UNITS SOLD<\/th>VS 2023<\/th>NEWLY LISTED<\/th>VS 2023<\/th>DAYS ON MARKET<\/th>\n<\/tr>\n<\/thead>\n
Bolton<\/td>$315,000 <\/td>11.3%<\/td>4<\/td>33.3%<\/td>4<\/td>33.3%<\/td>17<\/td>\n<\/tr>\n
Burlington<\/td>$320,000 <\/td>-15.0%<\/td>45<\/td>2.3%<\/td>87<\/td>70.6%<\/td>19<\/td>\n<\/tr>\n
Charlotte<\/td>$350,000 <\/td>0.0%<\/td>1<\/td>0.0%<\/td>2<\/td>100.0%<\/td>6<\/td>\n<\/tr>\n
Colchester<\/td>$361,750 <\/td>-8.4%<\/td>24<\/td>20.0%<\/td>37<\/td>19.4%<\/td>18<\/td>\n<\/tr>\n
Essex<\/td>$353,250 <\/td>-2.5%<\/td>39<\/td>8.3%<\/td>55<\/td>1.9%<\/td>29<\/td>\n<\/tr>\n
Hinesburg<\/td>$545,000 <\/td>89.2%<\/td>1<\/td>0.0%<\/td>3<\/td>50.0%<\/td>4<\/td>\n<\/tr>\n
Jericho<\/td>$345,000 <\/td>-9.5%<\/td>3<\/td>-25.0%<\/td>2<\/td>-60.0%<\/td>5<\/td>\n<\/tr>\n
Milton<\/td>$488,952 <\/td>103.7%<\/td>14<\/td>180.0%<\/td>17<\/td>21.4%<\/td>65<\/td>\n<\/tr>\n
Richmond<\/td>n\/a<\/td>0.0%<\/td>n\/a<\/td>0.0%<\/td>1<\/td>0.0%<\/td>n\/a<\/td>\n<\/tr>\n
Shelburne<\/td>$510,000 <\/td>-14.6%<\/td>13<\/td>-13.3%<\/td>29<\/td>81.3%<\/td>21<\/td>\n<\/tr>\n
South Burlington<\/td>$339,000 <\/td>1.2%<\/td>78<\/td>16.4%<\/td>107<\/td>39.0%<\/td>21<\/td>\n<\/tr>\n
Williston<\/td>$460,000 <\/td>8.9%<\/td>25<\/td>-10.7%<\/td>36<\/td>16.1%<\/td>13<\/td>\n<\/tr>\n
Winooski<\/td>$339,000 <\/td>-3.7%<\/td>7<\/td>-36.4%<\/td>10<\/td>-28.6%<\/td>12<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

A surge in newly listed condos and single-family homes resulted in 658 closed sales during the first 6 months of the year. This is the first time in over 5 years that the number of closed sales has not declined. Burlington, Essex, Williston, Hinesburg, and Jericho all posted increases in sales. South Burlington\u2019s drop-in single-family … 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\/4727"}],"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=4727"}],"version-history":[{"count":9,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4727\/revisions"}],"predecessor-version":[{"id":4839,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/4727\/revisions\/4839"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=4727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=4727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=4727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}