Red Door Real Estate -- Cambridge Vermont Real Estate Sale Stastics


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Below are tables which indicate the direction of the Real Estate market in Cambridge. As you will see the market has been fairly flat for several years. This past year does not seem to be an exception. One thing which can be said is that on average properties sell very close to asking price. Please contact us if you would like more statistics calculated.

Year

Days On Market
(Average)

Sales Price
(Average)

Sales Price
(Median)

Properties Sold
(Total Number)

% of Asking
(Average)

2000

70

$132,199

$123,000

31

98

2001

52

$138,494

$139,000

32

97

2002

72

$138,681

$138,950

32

96

2003

168

$161,568

$163,050

40

93

2004

62

$187,640

$176,950

38

99

2005

110

$214,113

$200,984

28

97

2006

  56

$219,071

  $202,500

32

98

2007

  89

$219,110

$223,000

35

96

2008*

*Year to Date Figures

The table below looks at the most recent market comparing sales for the six months up to the end of December with the same time period from a year ago. The figures would suggest that the market has stayed remarkably consistent. Prices are up a bit but not a significant amount.

For the six months ending
December 31, 2007
Last six months One Year Ago

Number of Properties Sold 21 19

Price Range $85,000 - $350,000 $87,000 - $350,000

Days on Market (Average) 101 59

Average Price $230,621 $219,732

Median Price $230,000 $205,000

Percentage of Asking Price (Average) 97 98


	Red Door Real Estate Ph: 802-888-6555 - Fax: 802-904-1017 P.O. Box 947 Morrisville, VT 05661 www.reddoorrealestatevt.com

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