Updated February 17, 2020
- In 2020, the average time it takes to sell a home in Vermont — from listing through closing — is approximately 140 days. That’s 105 days to get an offer, plus the typical 35-day closing period.
- Key factors that impact Vermont home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
- Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.
Read on to learn more about how long it takes to sell a house in Vermont — and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.
What’s the average time to sell a house in Vermont?
|Average Time to Sell*||Average Price**|
*Redfin Data Center (average of median days on market in 2019)
**Redfin Data Center (average of median price in 2019)
The average time it takes to sell a house in Vermont in 2020 is 140 days — 105 days to get an offer and an additional 35 days to close. This is approximately 75% slower than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.
Best time to sell a house in Vermont
In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) time to sell your Vermont house based on what’s most important to you:
- Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
- Highest Sale Price: What month should you list in to get the best possible price for your home?
Best month to sell a house fast in Vermont
|Month*||Days on Market*|
|Best Month||July||70 days|
|Worst Month||February||144 days|
*Redfin Data Center (median days on market by month in 2019)
The best month to sell a house fast in Vermont is July. The median time it takes for Vermont homes listed in July to get an offer is 70 days, which is 35 days faster than the annual average.
Best month to sell a house in Vermont for price
*Redfin Data Center (median sale price by month in 2019)
The best month to sell a house in Vermont in terms of sale price is July. The median sale price in July is $252,000, which is 5.29% — or $12,667 — more than the annual average.
5 tips to get your Vermont home sold
1. Price your home competitively
Pricing your home competitively will help you sell your home faster. During a hot seller’s market, you want to make sure you stand out from the competition. Having a listing price that’s not too low or too high will bring in more buyer’s and hopefully help you stand out among the competition.
2. Market your home
Proper marketing for your home will do wonders for attracting buyers. First, you’ll want to do some cleaning and basic repairs like touching up paint and pulling some weeds. Then, your house will be ready to have professional photos taken.
You can either take the photos yourself if you have the experience, or you can ask your real estate agent for help during this time. They will most likely either have experience taking photos or know a professional photographer.
After having photos, it’s time to make your listings. You’ll need details and accurate descriptions that lays everything out for potential buyers. Think of it from a buyer’s perspective: would you want to schedule a showing on a house that has almost no information or photos on the listing? Probably not.
You can also decide to stage your home if you want to host open houses or feel extra prepared for private showings. Real estate agents have experience with staging homes and will be able to help you make your house look its best.
3. Work with a real estate agent
Working with a real estate agent is valuable if you’re trying to sell your house quickly and walk away with a profit. They are real estate experts and will be able to assist you in every step of the process, from setting the listing price, taking photos, staging the home, and preparing proper documents for closing day.
4. Negotiate like a pro
Being able to negotiate is going to essentially make or break your sale. Sometimes, buyers will submit an offer that might not contain everything a seller wants from the sale. Knowing how to submit counter offers without scaring buyers is something your real estate agent will be able to help you on. You might also be able to walk away with a higher profit depending on the terms you and the buyer agree on.
If you are choosing to sell your home without a real estate agent, otherwise known as for sale by owner (FSBO), you’ll want to do some research on negotiation etiquette.
5. Offer to make upgrades
Offering to make upgrades or repairs is going to really set you apart from the competition. Buyers are always looking for ways to save money considering they have to pay some hefty upfront costs like down payments.
You also have to remember that a buyer might not be willing to pay a higher price on a house that needs a new water heater or grass. This is when investing your money is going toincrease your house value and attract buyers.
Next steps for Vermont home sellers
If you’re looking to sell your home fast in Vermont and get a great price, Clever can help.
Clever negotiates reduced rates with top-rated real estate agents throughout Vermont. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.
Importantly, home sellers who list with Clever get their first qualified offer in an average of 13 days* — that’s 92 days faster than the average time to offer in Vermont.
*Average time to offer for Clever home sellers in 2019.