| Median Sale Price | Average Sale Price | Units Sold | Newly Listed | Days on Market | |
|---|---|---|---|---|---|
| Single-Family | $265,000 (3.9%) | $288,298 (3.4%) | 257 (0%) | 448 (-4.7%) | 120 (-9.1%) |
| Condos | $184,500 (-3.4%) | $196,572 (-22.8%) | 13 (-23.5%) | 16 (-5.9%) | 50 (-29.6%) |
Buyers are attracted to the quaint, Vermont feel and vibrant downtowns of Bristol, Vergennes and Middlebury – along with the more affordable housing options in Addison County.
The Median and Average Sale price for single family homes rose a modest 3% likely affected by fewer properties for sale as well as the sale of 5 luxury property in Addison County so far in 2018.
Still, with a median sale price of $265,000 and days on market (DOM) of 4 months, buyers may find their dream home at a reasonable price without the pressure of multiple offers so common in Chittenden County.
Land sales continue to increase year over year as homeowners opt to build when options for existing homes remains challenging.