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Sep 19, 2024 · The Vermont housing market in August 2024 presents a dynamic landscape with notable shifts in key metrics. The Median Sales Price for homes in Vermont stands at $411,500, reflecting a significant year-over-year (YoY) decrease of 9.5%.
The average home value in Vermont is $390,132, up 1.1% over the past year. Learn more about the Vermont housing market and real estate trends.
What is the housing market like right now? In October 2024, home prices in Vermont were up 4.9% compared to last year, selling for a median price of $405,700. On average, the number of homes sold was up 3.8% year over year and there were 763 homes sold in October this year, up 735 homes sold in October last year.
- So, How Is The Real Estate Market in Vermont?
- Why Is Vermont A Seller’S Market Now?
- Vermont Housing Market Predictions 2024
- Bonus Predictions: Buyer Broker Commissions Will Be Zero!
- Is The Housing Market in Vermont Going to Crash?
- Is It A Buyer’s Or Seller’S Market?
- Find Your New Home with Houzeo
Balanced! The number of homes for sale increased by 37.8%in July 2024 compared to the previous year. This is the 8th consecutive month when the housing market has witnessed such growth. Other important facts are: 1. Median Days on Market: The median days on the market for homes for sale are 39 days, up by 3 days YoY. This trend suggests a high dema...
The Vermont real estate market has a balanced inventory of homes for sale. Besides this, a steady increase in median home prices favors home sellers. Homes spend only 39 days on the market which depicts the competitive market. Let’s look at some more facts: 1. Fewer Days on the Market: Homes are spending only fewer days on the market before going u...
Here are the predictions for Vermont’s housing market in the remaining months of 2024 and 2025: 1. Number of Home Buyers Will Increase: As inventory grows and homes stay on the market, more home shoppers are expected to re-enter the market. The historically high interest ratesaverted buyers in 2023. But the easing inflation and stabilizing rates wi...
In a shocking turn of events, the NAR settlement has completely eliminated buyer agent fees from the MLS. Let’s understand its impact: 1. Buyer Agents Will Be Affected: With buyers now responsible for directly paying their agents, many may choose to find their homes on their own. This may very soon render buyer agents obsolete. 2. Seller Concession...
A housing market crash in the Green Mountain State is unlikely. Vermont’s cost of living is $50,761 compared to the national average of $61,334. The median household income in Vermont is $72,431. Vermont’s unemployment rate was 2.1% in July 2024, lower than the national rate of 4.3%. The state benefits from a lower cost of living, a high median hou...
Vermont real estate market favors sellers in 2024. (And buyers, too!). The market is expected to lean more in favor of the buyers in the latter half of 2024. Home prices are rising at a good pace, and the number of homes for sale has increased by 37.8% YoY. Buyers now have more choices. With mortgage rates around 6.81%, buyers also have more purcha...
With thousands of property listings, Houzeo.com is one of the biggest home listing sites in the US. Find condos, townhouses, co-ops, and other homes for saleon Houzeo. » Need More Clarity? Read these exclusive Houzeo reviewsand learn why the platform is the best in America’s competitive housing market. Disclaimer:This article is for informational p...
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Popular home searches near Vermont. Learn more about the Vermont real estate market and housing market.
Oct 30, 2024 · Market Outlook: Continued moderate growth expected with varying regional performance. According to Zillow, as of late 2024, the average Vermont home value sits at $395,523. This represents a 1.7% increase over the past year. Homes in Vermont are currently pending after an average of about 15 days on the market.
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What is the housing market like in Vermont in August 2024?
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Understanding the current trends in Vermont's real estate market is crucial for buyers, sellers, and investors alike. This section dives into the state's housing market conditions, home price dynamics, future market predictions, and the impact of interest rates.
