rutland DETACHED - DECEMBER 2 0 2 4
MONTHS OF INVENTORY 9.2 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL LISTINGS
SALES
▼ 17% VS 2023
▼ 8% VS 2023
▼ 2% VS 2023
▼ 23% VS 2023
There were 92 detached listings in Rutland in December, 23% below November and 2% lower than December 2023. December detached home sales decreased by 41% month-over-month, to 10, and were 23% below December 2023. The months of inventory for detached in Rutland, at 9.2, re$ected a buyers' market. The detached median price in December was $820,000, a 4% increase from November and 8% below December 2023. The average sold price was $835,390, 0.1% above last month and down 17% to December 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
10 92
13 94
-17% -8% 27% -23% -2%
$834,318 $790,000 7.0 17 119
0.1% 4% 31% -41% -23%
$835,390 $820,000 9.2
$1,002,146 $890,000 7.2
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
53
148
166
163
49
136
155
148
119
130
41
94
100
92
84
82
22
19
17
17
14
14
12
9
13
20
10
16
17
$890K
$869K
$833K
$835K
$821K
$823K
$818K
$816K
$810K
$820K
$804K
$800K
$790K
Dec-23
Nov-24
Dec-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
30
12.0
25
20
7.5
15
5.0
10
5
0
<$600K
$600K-799K
$800K-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.74M $1.75M-1.99M $2.0M-2.49M $2.5M-2.99M
$3.0M+
MOI INVENTORY SALES
1 0 n/a
2 15 7.5
6 30 5.0
1 12 12.0
0 21 n/a
0 8 n/a
0 1 n/a
0 1 n/a
0 2 n/a
0 2 n/a
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 January 13, 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. 37 ●
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