Faster sales and even some multiple offers

By
Real Estate Agent with RE/MAX North Professionals

Although the snow keeps coming the market seems to be thawing a bit here in the north country.  Over the weekend a couple homes that were just listed sold, one had 4 offers!  Some statistics would also indicate that we might be seeing a change.  The number of homes on the market has been increasing fairly dramatically for the last 4 years, until now.  Five years ago our MLS listed 202 homes for sale in Chittenden County.  Four years ago that number increased to 354, the next year, 460, and then 521 a year ago.  Today, February 23, we had 522.  That is hardly a significant increase compared to what we had been seeing.  What is really interesting is to compare that to the number of homes we had on the market in the early to mid 90's when we saw the number of single family homes get over 1600.

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