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Horses grazing in the Bible Hill area of Brownsville, Vermont.
In the last post I talked about days on the market as an indicator of the strength of the market, and we saw that in Reading, Vermont the time it took to get a house under contract was way up in 2007 over 2006.
What about Brownsville?
2006: the average was 140 days on the market.
2007: the average was 177 days, or 6 months.
Not a huge difference but a Seller needs to be prepared for at least an extra month on the market over last year.