The Northwestern Vermont Board of Realtors has released the January 2020 real estate market update for Chittenden, Franklin, and Grand Isle Counties. The year has started off with continued low interest rates, low unemployment, and rising rents nationwide. These factors will encourage buyers. Inventory continues to be low in Northwest Vermont building a sense of urgency for homebuyers. If you’re interested in learning more about the market in your specific area or have any questions please Contact Us.

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The Northwestern Vermont Board of Realtors has released the December 2019 real estate market update for Chittenden, Franklin, and Grand Isle Counties. While buyer demand remains high low inventory is the story across each county making buyers prolong their search. In 2019 homes prices increased in most markets and there were fewer sales. Mortgage rates remain at an all time low improving the affordability for buyers and helps offset rising home prices. If you are interested in learning more about the market in your neighborhood please call our office to speak to a Realtor. (802)372-5777

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Source: Northwestern Vermont Board of Realtors, December 2019 Market Statistics

The Northwestern Vermont Board of Realtors has released the November 2019 real estate market update for Chittenden, Franklin, and Grand Isle Counties. We have felt quite the slow down in terms of new listings which is normal during this time of year. Compared to 2018 closed sales for single family homes increased 1.5% and pending sales increased 36.4% while inventory decreased 18.3%. If you are interested in learning more about the market in your neighborhood please call our office to speak to a Realtor. (802)372-5777

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Source: Northwestern Vermont Board of Realtors, November 2019 Market Statistics

The Northwestern Vermont Board of Realtors has released the October 2019 real estate market update for Chittenden, Franklin, and Grand Isle Counties. As we head into the winter months we have felt the annual slow down with decreased new listings however historically low mortgage rates have supported buyer demand. Closed and Pending Sales continue to increase and Days on Market decrease. If you are interested in learning more about the market in your neighborhood please call our office to speak to a Realtor. (802)372-5777

Searching for property? Make sure to Register with us to get properties that fit your needs emailed directly to you.

Source: Northwestern Vermont Board of Realtors, October 2019 Market Statistics

The market has begun its annual cool down that is custom this time of year. September continued to follow the trend of increased sales, decreased days on market and low inventory. As we head into the last few months of 2019 buyers will continue to see less inventory as new listings a rare at the end of the year however there is generally less competition. If you are interested in learning more about the market in your neighborhood please call our office to speak to a Realtor. (802)372-5777

Searching for property? Make sure to Register with us to get properties that fit your needs emailed directly to you.

Source: Northwestern Vermont Board of Realtors, September 2019 Market Statistics