Market Stats for Manchester, VT Real Estate

Median Sale: $220,500
 (-4.08%)
Homes for Sale: 0
 (%)
Homes Sold: 90
 (-10.00%)
Avg Days on Market: 68
 (15.25%)
Median Sale Price
$220,500

  DOWN -4.08%
vs. Month Ago
Homes for Sale
0

  No Change
vs. Month Ago
Homes Sold
90

  DOWN -10.00%
vs. Month Ago
Avg Days on Market
68

  UP 15.25%
vs. Month Ago
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Median Sale Price

The median sale price for homes in January was $220,500. The median sales price for homes in January fell by ($9,400) compared to last month. This represents a 4.08% decrease from December. Compared to the same month last year, the median price of homes rose by $35,500 representing a 19.18% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Median Sale Price
$220,500
 
Homes for Sale
0
Homes for Sale

The inventory of homes for sale remained level in January to 0. Compared to the same month last year when there were 36 homes for sale, the inventory of homes for sale has fallen by 36 representing a % year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

 
Homes Sold

The 90 homes sold in January was 10 less than in December. This represents a 10% decrease in sales from December. Compared to the same month last year, the number of homes sold increased by 18, a 25% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Homes Sold
90
 
Avg Days on Market
68
Avg Days on Market

The average days on market for a home sold in January (68) increased by 9 days compared to December. This represents a 15.25% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 16, a 30.76% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

 
Sale/List Price Ratio

The Sale/List Price Ratio of 94.58% in January fell by 1.32% compared to December and decreased 1.14% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

List/Sale Price Ratio
94.58%
 
New Homes
83
New Homes

The number of homes listed in January (83) remained level Compared to January 2017, the number of new listings decreased by 15, a -15.3% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

 
Median List Price

The median list price in January was $229,900. The median list price for homes in January remained unchanged $0 compared to last month. Compared to the same month last year, the median list price of homes increased $30,150 representing a 15.09% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.

Median List Price
$229,900