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Brian Libby, Real Estate Pro in COLCHESTER, VT

Where do you see inventory going in Burlington in the next year or so?

Asked by Brian Libby, COLCHESTER, VT Fri Oct 18, 2013

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Hi Giles and Brian,

I am seeing a large amount of new construction in Chittenden County hitting the market. That makes me believe that inventory will be going up within the next year across the whole county.

In just Burlington alone. Last year in single family residencies by this time there were 166 sales. This year so far to date 123. (January 1st to July 24th)

So...that would make me think Inventory will be going up in Burlington. With a question like this there are a lot of variables though. If mortgage rates change so too does the answer to this question. Feel free to contact me and we can discuss further and what having a higher Inventory would mean to you as a buyer or seller.
0 votes Thank Flag Link Thu Jul 24, 2014
Hopefully trending up! Lot's of buyers out there!
0 votes Thank Flag Link Thu Jul 10, 2014
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