$200K  
Over the last 30 days, the Vernon market was solid with one home sold. Vernon is still a strong buyer's market, due to the availability of 13 months of remaining inventory, even after the uptick in sales.
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$259K  
The Vernon market was quiet this week as no sales were reported over the previous 30 days. Vernon usually averages 0.2 sales per month.
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$259K  
The number of sellers who put their homes up for sale in the Vernon market over the last 30 days remained flat this week at five. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price of all transactions in Vernon did not budge this week, remaining at $195,000. With no movement in sales and the availability of 10 months of inventory, Vernon is a solid buyer's market.
Comments:

$139K  
Over the last 30 days, the Vernon market was steady and saw one home sold. However, the number of pending transactions continued to decline, with a total of two transactions during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Pricing in Vernon remains consistent from last week to this week, with the median sales price at $195,000 again. Vernon is a definite buyer's market with 11 months of inventory to choose from, aided by the downturn in contracts.
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