We’ve heard a lot about market conditions this year, but most of what we find in the news is national. Below is the sales data for homes, land, condos, and mulit-units sold by Realtors in Burlington Vermont in 2008 compared with 2007. If you’re interested in data from other towns contact me.
| 2008 Sales Data for Burlington Vermont. | |||||||||
| 01/01/2008 – 12/31/2008 | YTD 2007 | Change 2008 – 2007 | |||||||
| Residential | |||||||||
| New Listings |
391 | 526 | -25.67% | ||||||
| Sold Listings |
219 | 311 | -29.58% | ||||||
| Volume - Sold Listings |
$63,344,919 | $85,274,033 | -25.72% | ||||||
| Average Sale Price |
$289,246 | $274,193 | 5.49% | ||||||
| High Sale Price |
$1,840,000 | $1,400,000 | 31.43% | ||||||
| Low Sale Price |
$95,000 | $15,000 | 533.33% | ||||||
| Average Days on Market |
78 | 69 | 13.04% | ||||||
| Residential (Residential) |
|||||||||
| New Listings |
214 | 268 | -20.15% | ||||||
| Sold Listings |
119 | 181 | -34.25% | ||||||
| Volume - Sold Listings |
$39,617,719 | $55,176,850 | -28.20% | ||||||
| Average Sale Price |
$332,922 | $304,844 | 9.21% | ||||||
| High Sale Price |
$1,840,000 | $1,400,000 | 31.43% | ||||||
| Low Sale Price |
$127,000 | $97,000 | 30.93% | ||||||
| Average Days on Market |
78 | 67 | 16.42% | ||||||
| Residential (Condo) |
|||||||||
| New Listings |
177 | 254 | -30.31% | ||||||
| Sold Listings |
100 | 126 | -20.63% | ||||||
| Volume - Sold Listings |
$23,727,200 | $29,464,183 | -19.47% | ||||||
| Average Sale Price |
$237,272 | $233,843 | 1.47% | ||||||
| High Sale Price |
$665,000 | $839,900 | -20.82% | ||||||
| Low Sale Price |
$95,000 | $96,000 | -1.04% | ||||||
| Average Days on Market |
77 | 72 | 6.94% | ||||||
| Land | |||||||||
| New Listings |
9 | 6 | 50.00% | ||||||
| Sold Listings |
2 | 1 | 100.00% | ||||||
| Volume - Sold Listings |
$2,665,000 | $75,000 | 3,453.33% | ||||||
| Average Sale Price |
$1,332,500 | $75,000 | 1,676.67% | ||||||
| High Sale Price |
$2,600,000 | $75,000 | 3,366.67% | ||||||
| Low Sale Price |
$65,000 | $75,000 | -13.33% | ||||||
| Average Days on Market |
103 | 90 | 14.44% | ||||||
| Comm/Industrial | |||||||||
| New Listings |
4 | 4 | 0.00% | ||||||
| Sold Listings |
0 | 0 | N/A | ||||||
| Volume - Sold Listings |
$0 | $0 | N/A | ||||||
| Average Sale Price |
$0 | $0 | N/A | ||||||
| High Sale Price |
$0 | $0 | N/A | ||||||
| Low Sale Price |
$0 | $0 | N/A | ||||||
| Average Days on Market |
0 | 0 | N/A | ||||||
| Multi-Family/Apt. | |||||||||
| New Listings |
66 | 115 | -42.61% | ||||||
| Sold Listings |
43 | 63 | -31.75% | ||||||
| Volume - Sold Listings |
$15,891,737 | $20,403,035 | -22.11% | ||||||
| Average Sale Price |
$369,575 | $323,858 | 14.12% | ||||||
| High Sale Price |
$811,050 | $842,250 | -3.70% | ||||||
| Low Sale Price |
$185,000 | $144,900 | 27.67% | ||||||
| Average Days on Market |
92 | 82 | 12.20% | ||||||
| Total | |||||||||
| New Listings |
470 | 651 | -27.80% | ||||||
| Sold Listings |
264 | 375 | -29.60% | ||||||
| Volume - Sold Listings |
$81,901,656 | $105,752,068 | -22.55% | ||||||
| Average Sale Price |
$310,234 | $282,006 | 10.01% | ||||||
| High Sale Price |
$2,600,000 | $1,400,000 | 85.71% | ||||||
| Low Sale Price |
$65,000 | $15,000 | 333.33% | ||||||
| Average Days on Market |
80 | 71 | 12.68% | ||||||
| Data provided by V.R.E.I.N. All information deemed reliable but not guaranteed. | |||||||||