Home prices and inventory levels are trending upward in many U.S. cities tracked by Altos Research, according to the firm's latest Housing Market Update.
The median national home price for all 26 markets covered by Altos hit $450,358 in June, up from $444,273 in May.
Meanwhile, in the past three months, listing prices rose 2.31% and inventory levels grew 3.52%."
According to the Northern New England Real Estate Network, Vermont's median sale price is now $198,850 up from $194,000 in June 2010. Vermont's residential inventory though is down 7.13% from last year. With today's low interest rates, now is a great time to buy real estate.