The Northwestern Vermont Board of REALTORS has released its real estate market statistics for December 2012. The information is derived from data contained in the Northern New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties.
Closed sales saw a 26.9% percent increase over 2011
Pending sales are up 19.3% during the same period
Inventory is down 29.7% from one year ago
Median sales price grew 2.8% from December 2011 to December 2012
All these indicators, and more point to a continued turnaround in the real estate market, said Kathleen Sweeten, Executive Vice President of NVBR. We continue to see an active market and are looking forward to a strong market this spring.
The Northwestern Vermont Board of REALTORS® (NVBR) is the Voice for Real Estate in northwestern Vermont, representing more than 600 members involved in all aspects of the residential and commercial real estate industries.
The monthly statistics report and individual town reports for December 2012 are available at http://www.nvbr.com/market-statistics/december-2012/
Source: (Jan 17, 2012) WILLISTON, VT The Northwestern Vermont Board of REALTORS®. The monthly market statistics report is sponsored by North Country Federal Credit Union.