Central Vermont By Numbers
At long last, here are June's unofficial numbers for the Barre/Montpelier real estate market:
|Active||New in June||Closed in June||Under Deposit||Price Change|
For comparison at your leisure, here are the numbers from last year:
|Active June 2010||Active June 2011||New to MktJune 2010||New to MktJune 2011||Closed June '09-June'10||Closed June '10-June '11|
A Few Remarks
For the second month in a row, the number of sales in the Barre/Montpelier real estate market is significantly lower than a year ago. Rolling twelve month sales in June 2009-June 2010 were 319 and only 268 from June 2010-June 2011. Barre City, Montpelier and Northfield saw the largest dips in numbers of houses sold, while Barre Town and the U32 district were remarkably consistent compared to last year.
The other number that's worth mentioning is number of properties that came onto the market in June. Of the five towns in the area, only Barre City added as many new listings in June 2010 as in 2011. The other four saw a bump in the number of properties that came onto the market in June. Overall, there were 66 new listings in the area in June. Having said that, the total number of properties for sale is more or less unchanged.
What does it mean?
If the number of sales is lower and the number of new listings is higher, it suggests that we're still in a buyers' market. Surprised? We've been hearing that for the last three years.