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Cummings & Co.

Forging Relationships Throughout Vermont

Market Updates

 

This year has started off strong for our real estate market. The below chart reflects sales for the 3rd quarter of 2022. 

July - Sept '22 Single Family Homes  Condos / Townhomes / Fractional Ownership Land
  Avg Days on Market Units Sold Avg Sales Price  List vs Sales % Avg Days on Market Units Avg Sales Price  List vs Sales % Avg Days on Market Units Avg Sales Price  List vs Sales %
Windham County 27 176 $437,982 102% 23 62 $382,112 100% 226 39 $118,074 96.3%
Bennington County 32 158 $474,780 101% 24 27 $408,688 102% 245 28 $93,803 89.2%
Windsor County 26 230 $539.800 100% 25 63 $303,742 100% 217 44 $134,642 93.2%

Note: The information provided is based on closed properties that have been entered into the NEREN MLS for Windham, Windsor and Bennington counties. Some private sales may not be reflected.

There was a 19% increase in sales price on condominiums in Windham, Bennington and Windsor counties from the previous years third quarter, while sales of single family homes were up 15%. Price of land stayed almost the same. 

MARKET UPDATES from Vermont Association of Realtors as of Sept '22 

Fun facts: 

The highest selling home in Vermont for the 3rd quarter is located in Woodstock on 82.5 acres, over 9600 square feet and sold for $6,400,000.

The cheapest house sold in Rutland Vermont for $28,000 for a four bedroom, 2020 square feet and .47 acres. 

The highest selling land was in Charlotte at $1,000,000 for 84 acres.

The cheapest parcel sold in Dover at $11,000 for 1.33 acres. 

Our Nov '22 Sales