Real Estate Market Update for Berlin, VT
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 44% from one year earlier, and up 15% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 500%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold increased 33% year-over-year, and increased 300% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Berlin, VT
School Data for Berlin, VT

School Name Distance Type Grades GreatSchools Rating Parent Rating
Montpelier High School 1.9 mi Public 9-12 4 5
Main Street School 2.2 mi Public 6-8 3 3
River Rock School 2.3 mi Private K-8 0 5
Union Elementary School 2.4 mi Public K-5 4 5
The New School Of Montpelier 2.6 mi Private 1-12 0 5
Montpelier Montessori School 4.4 mi Private PRESCHOOL-3 0 0
Rumney School (middlesex) 4.5 mi Public PRESCHOOL-6 4-5 0
U 32 High School (uhsd # 32) 4.6 mi Public 7-12 3 3
Berlin Elementary School 5.1 mi Public PRESCHOOL-6 2 0
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
Local Weather for Berlin, VT
    Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.