Is Shelburne, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shelburne is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Shelburne has remained a Seller's Market.

Key Takeaway

Shelburne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shelburne, VT

How much do homes in Shelburne, VT cost?

Median Sold Price

$800,000

$312/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$51,000(+6.8%)

Key Takeaway

Homes in Shelburne have sold for 6.8% more than they did a month ago.

Summary: The median home sold price in Shelburne was $800,000 in November 2024, up 6.8% from last month, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $290K-
N/A
2 $1.6M-
N/A
3 $537K$545K
+1.5%
4 $890K$965K
+8.4%
5+ $1.3M$800K
-40.3%

Summary: Shelburne housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 40.3%.

Median Sold Price Compared To Nearby Cities

Williston
+51.7%
Shelburne
+6.8%
South Burlington
-34.2%

Housing Supply in Shelburne, VT

How many homes are available in Shelburne, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2618-30.8%

Summary: The Shelburne real estate market had 18 homes for sale in November 2024, a 30.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 31
-66.7%
3 86
-25.0%
4 86
-25.0%
5+ 43
-25.0%

Summary: The Shelburne housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shelburne, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Shelburne in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Shelburne, VT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Shelburne, VT

Nearby Markets to Shelburne, VT