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April 2012 Market Statistics

The Northwestern Vermont Board of REALTORS has released its real estate market statistics for April 2012. The information is derived from data contained in the Northern New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties. The average sales price for single family homes continues to adjust in the three-county area, showing a one-year change of -2.8%, or down to $269,410. Activity is strong, however. Pending sales increased 37.6% over last year. Days-on-market dropped to 117 days. Year-to-date inventory levels and the months supply of inventory also dropped. REALTORS continue to be very busy. said Kathy Sweeten, executive vice president of the Northwestern Vermont Board of REALTORS. Properties priced right are moving quickly.