Real Estate Market Update for South Burlington, VT
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was down 6% from one year earlier and down 6% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 34% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 220-thousand dollars. The number of units sold Increased more than 200% year-over-year and Decreased 5% month-over-month Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.
Map Information for South Burlington, VT
Area Information for South Burlington, VT
  • Population: 20,768
  • Median Age: 34.1 yr
  • Median Commute Time: 13.36 mins
  • Educational Climate*: 5
  • Recycling Likelihood**: 134
  • Sales Tax: 7%
  • Population Density: 1,246/sq mi
  • Population Change Since 2000: 33%
  • Closest Airport: Burlington International
  • Closest College: University Of Vermont
  • Closest Jr. College: New Eng Culinary Inst Essex
  • Median Household Income: $61,825
  • Annual Residential Turnover: 19.13%
  • Median Years in Residence: 2.98 yr
  • Median Home Sales Price: $245,350
  • Closest Major Sports Team: Vermont Lake Monsters (a)
  • Change Avg. Household Income Since 2000: 19%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for South Burlington, VT
Median Age: 34.1 Married: 40% Number of Households: 8,015 Households with Children: 2,046
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for South Burlington, VT

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Christ The King School 0.5 mi Catholic PRESCHOOL-8 0 4
      Edmunds Elementary School 0.7 mi Public K-5 3-5 5
      Edmunds Middle School 0.7 mi Public 6-8 3 3
      Rice Memorial High School 0.9 mi Catholic 9-12 0 5
      Champlain School 0.9 mi Public K-5 4 4
      Mater Christi School 1.0 mi Catholic PRESCHOOL-8 0 4
      Rick Marcotte Central School 1.1 mi Public K-5 4-5 5
      Frederick H. Tuttle Middle School 1.2 mi Public 6-8 4-5 4
      So. Burlington High School 1.3 mi Public 9-12 4-5 4
      St. Joseph School 1.4 mi Catholic PRESCHOOL-8 0 4
      Lawrence Barnes School 1.5 mi Public PRESCHOOL-5 0 0
      The Baird School 1.6 mi Private 1-8 0 3
      Wheeler School 1.6 mi Public PRESCHOOL-5 0 0
      Chamberlin School 1.8 mi Public K-5 3-5 3
      Orchard School 2.0 mi Public K-5 4 5
      Centerpoint 2.3 mi Private 7-12 0 0
      Vermont Commons School 2.5 mi Private 7-12 0 4
      The Schoolhouse Learning Center 3.7 mi Private PRESCHOOL-6 0 5
      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 2014
      Local Weather for South Burlington, VT
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.