South Central Vermont Real Estate Sales Statistics – July 2009

A second quarter report of existing-home sales showed healthy gains from the first quarter, and price declines have increased affordability, according to the latest survey by the National Association of Realtors®.

Lawrence Yun, NAR chief economist, said the sales gain appears to be sustainable.  “With low interest rates, lower home prices and a first-time buyer tax credit, we’ve been seeing healthy increases in home sales, which are a hopeful sign for the economy,” he said.

What is happening in our local South Central Vermont real estate market? Let’s take a look at statistics for the past six months for Rutland County, Windham County and Windsor County.

South Central Vermont Real Estate Sales Statistics

July 2009
Homes For Sale:  3289  (+12.6 percent)
Homes Sold:  134 (+143.6 percent) 
Pending Sales:  126 (+85.3)
Average Sales Price:  $214,000 (+30 percent)
Average Sq Ft Price:  $126.2 (+24 percent)
Median Price:  $180,000 (+35 percent)
Days On Market:  167 (-18 percent)

February 2009
Homes For Sale:  2922
Homes Sold:  55
Pending Sales:  68
Average Sales Price:  $165,000
Average Sq Ft Price:  $101.6
Median Price:  $135,000
Days On Market:  142

july graph

With South Central Vermont real estate sales following the national upward trend, now is the time to buy.  As you can see, an increase sales is followed by an increase in prices. Buy now for the best possible deal on South Central Vermont real estate.

Search all South Central Vermont real estate and homes for sale.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: