rutland CONDO - FEBRUARY 2 0 2 5
MONTHS OF INVENTORY 12.0 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 22% VS 2024
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 24% VS 2024
▲ 25% VS 2024
▲ 71% VS 2024
▲ 33% VS 2024
There were 48 condo listings in Rutland in February, 17% above January and 71% higher than February 2024. February condo sales remained the same month-over-month, at 4, and were 33% above February 2024. The months of inventory for condos in Rutland, at 12.0, reflected a buyers' market. The condo median price in February was $364,750, a 5% decrease from January and 25% above February 2024. The average sold price was $352,375, 3% below last month; the average PSF sale price was $498, up 35% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$498 $352,375 $364,750 12.0 4 48
$640 $284,000 $292,000 9.3 3 28
-22% 24% 25% 29% 33% 71%
$368 $364,975 $382,500 10.3 4 41
35% -3% -5% 17% 0% 17%
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
61
111
56
50
49
55
46
53
48
51
41
39
38
28
15
15
11
9
9
12
12
4
10
8
4
3
6
$427K
$420K
$406K
28
$385K
$383K
$379K
$371K
$369K
$365K
$353K
$355K
23
$323K
$292K
Feb-24
Jan-25
Feb-25
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET <5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● MONTHS OF INV.
35
16.0
30
4+ bdrms
25
20
3 bdrms
8.0
3
15
10
3
2 bdrms
29
5
0
1
<$200K $200K-399K $400K-599K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M+ MOI INVENTORY SALES 2 32 16.0 2 16 8.0
<2 bdrms
16
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Association of Interior Realtors & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 39 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online