Stowe, Vermont Area LAND Sales Market Report - 2022 compared to 20212022 Land sale trends in the State of Vermont and towns Stowe, Waterbury, Morristown, Elmore, Hyde Park, Wolcott and Johnson tended to follow the same path as Single Family Homes and Condos when compared to 2021.  That would be reduced sales, increased prices and decreased inventory. CHART OF LAND SALES - 2022 compared to 2021VERMONT Land Sales - 2022 compared to 2021 # of Lots Sold - decreased 27% Median Sale Price - increased 8% Average Sale Price - increased 9% Average Inventory - decreased 35% STOWE Land Sales - 2022 compared to 2021 # of Lots Sold - decreased 57% Median Sale Price - decreased 1% Average Sale Price - decreased 43% Inventory - decreased 20% WATERBURY Land Sales - 2022 compared to 2021 # of Lots Sold ... 01/16/2023

Stowe Vermont Area Condo Sales Market Report - 2022 compared to 2021Overall, 2022 showed a decrease in condo sales and in inventory.  We also saw an increase in median and average sale prices.The CHART shows the activity for Vermont, Stowe, Waterbury and Morristown. VERMONT Condo Sales - 2022 compared to 2021 # of condos sold: down 17% Median Sale price: up 29% Average Sale price: up 26% Average Inventory: down 21% STOWE, VERMONT Condo Sales - 2022 compared to 2021 # of Condos sold: down 28% Median Sale price: up 13% Average Sale price: up 10% Average Inventory: down 31% WATERBURY, VERMONT Condo Sales - 2022 compared to 2021# of Condos Sold: no sales in 2022.  No Inventory in 2022MORRISTOWN, VERMONT Condo Sales - 2022 compared to 2021 # of Condos Sold: up 200% Median Sale Price: up 9% A... 01/16/2023

Stowe, Vermont Area Home Sales Chart - 2022 compared to 2021I knew that this would be interesting to look at the changes from 2022 to 2021.  Generally, State and local town stats showed that the number of home sales decreased along with the inventory of homes available to sell.  The sales prices varied by town.  I analyzed the towns in my area of practice - Stowe, Waterbury, Morristown, Hyde Park, Elmore, Johnson and Wolcott.The Chart below shows the change in homes sold, median sale price, average sale price and average inventory throughout the year.CHART - Home Sales in Vermont, Stowe, Waterbury, Morristown, Hyde Park, Elmore, Johnson and Wolcott (keep in mind, most of these towns have a low population):VERMONT Home Sales # of Homes Sold: down 20% Median Sale Price: up 12% Average Sal... 01/16/2023

STOWE, VERMONT Area HOME Sales Market REPORT - Comparison between the 1st half of 2021 to the 1st Half of 2020.As we have seen throughout the country, real estate sales have seen an increase in not just the number of sales, but in the median and average sale prices.  Also, the inventory of available homes has seen an exceptional decrease.  The Stowe, Vermont area is certainly no exception.  When the country went into an overall lockdown due to COVID 19, many people desired an escape from the city life.  Vermonters love the outdoors and it's easy to just walk outside and breathe. Also, Vermont handled the health crisis well and continues to do so.  Below is a chart which shows the State of Vermont, Stowe, Waterbury, Morristown, Hyde Park, Elmore, Johnson and Wolcott Vermont statistics. C... 07/18/2021

Stowe, Vermont Area Home Sales Market Report - 2020 compared to 20192020 - the year of COVID-19 and it certainly impacted the real estate market.  Vermont sellers took the lead with the economic swing of High Demand and Low Inventory.  We certainly saw and continue to see that Vermont became a desirable state for buyers given our open spaces, land, low crime, and overall rural environment.  This certainly increased the demand.  The supply saw owners who may have wanted to sell at some point, decide to stay put as Vermont was certainly doing well with the virus.  Owners were also faced with - where would they move?  Some 2nd home owners decided to make their vacation properties their primary residence.  They could now work from their Vermont home so why go back to their home in the city?... 01/26/2021

Stowe, Vermont area condo sales Market Report - 2020 compared to 2019.The Stowe, VT area saw a significant increase in the sale of condos.  Vermont sales benefited from many buyers looking for a more remote location to come to while dealing with COVID 19 in their home state.  Another trend we saw was people making Vermont their primary residence as they could work remotely from their Stowe property.The CHART below shows the sales of condos in Vermont, Stowe, Waterbury and Morristown, Vermont.  The average inventory of condos in Waterbury and Morristown in 2020 was 0; however there were sales in both towns.STATE OF VERMONT Condo Sales:- # of condos sold - Up 16%- Median Sale Price - Up 11%, Average Sale Price - Up 17%- Average # of Condos for Sale - Down 28%STOWE, VT Condo Sales:- # of c... 01/09/2021

Stowe, Vermont Area Land Sales Market Report - 1st Half 2020 compared to 1st Half 2019The first half of 2020 has been an interesting period in the real estate market.  We continue to deal with COVID-19 challenges (mostly in April, May and June) and national civil unrest.  Although it has been somewhat challenging to list and show properties in Vermont because of COVID-19 requirements, we continue to see interest in the purchase of land.  Generally, the sales of land have decreased, average and median sale prices have varied by town, inventory has decreased and pending contracts have decreased.  Perhaps with the strong demand for homes along with low inventory, we'll see a growing demand for land.  It can be a great solution for some who have always wanted to build their own new home.Bel... 07/21/2020

Stowe, Vermont Area Home Sales Market Report - 1st Half 2020 compared to 1st Half 2019The first half of 2020 has been an interesting period in the real estate market.  We continue to deal with COVID-19 challenges (mostly April, May and June) and an unsettled country due to civil unrest.  Although it has been somewhat difficult to list and show properties in Vermont because of COVID-19 requirements, the demand for homes in Vermont has certainly increased while the supply has decreased in most market areas.  Added to these forces are historically low mortgage interest rates.  Overall, the number of home sales have decreased, sale prices are either up or fairly stable, inventory down, and homes that are pending (under contract) have increased.  Of course not all towns have seen similar tre... 07/20/2020

Stowe, Vermont - Home Sales Market Report Trends - 2000 through 2019Stowe, Vermont Home Sales - Although the number of homes sold was down a tad along with the sold prices, the bigger story is a lack of inventory especially in the price range below $500,000.  The lack of inventory is certainly not happening just in Vermont, rather it is nationwide.  The higher price range - over $1.0m appears to have a decent supply of homes availabe for sale in Stowe.The Infographic below shows the number of homes sold starting from 2000 through 2019; the average and median sold prices between 2000 and 2019; and the average inventory of homes starting from 2006 through 2019.When comparing the trends from 2019 to 2018, the following is noted: - Number of Homes Sold - down 4%- Average Sold Price - Down 1... 02/03/2020

Vermont - Stowe Area Home Sales Market Report - 2019 compared to 2018Another year is history so it's time for my annual Stowe, Vermont Area home sales market report.  Overall, the number of homes sold was higher; however, in areas where that was not the case, the decrease in sales was most likely due to lack of inventory.  Each town had positive signs and negative signs.  Waterbury, Vermont had the best report with increased number of sales, increased sale prices along with a reduction in inventory.  Stowe, Vermont had a minor reduction and number of homes sold and in sale prices.  Stowe faced and continues to face a low inventory of homes price below $1m.Below is a chart which summarizes the sales figures and the average inventory in each town.  CHART of Vermont Towns Home Sales - 2019... 01/10/2020

Stowe, Vermont Area Home Sales Report: Comparison of the 1st Half of 2019 to 1st Half of 2018 - MARKET REPORTAs a full time Stowe area broker, I am often asked "so how's the market?"  Sometimes, you just know - it's great, ok or really slow.  Other times, it's a mixed bag.  That's how I would sum up the 1st half of year report in 2019.  Some towns are doing well - like Stowe, and Waterbury while others, not so much - like Elmore.  Other towns show sales are down and inventory is down.  Like I said - a mixed bag.Below is CHART of Home Sales in Vermont, Stowe, Waterbury, Hyde Park, Elmore, Johnson and Wolcott, Vermont: STATE OF VERMONT - Homes Sold# of Homes Sold - UP 1%Median Sale Price - UP 5%, Average Sale Price - UP 4%Inventory of Homes for Sale - DOWN 9% STOWE, VERMONT - Homes Sold# ... 07/23/2019

Stowe, Vermont - Condo Sales Trend Charts - 2007 through 2018Overall, the Stowe, Vermont condo market has seen healthy growth throughout the past several years.  The demand for condos appeared to increase once Vail took over the Stowe Mountain Resort operations.  The Vail acquisition introduced the Epic Ski Pass to the area which is popular for skiers and boarders.  (Please note that the data does not include timeshare or fractional sales.)GENERAL TRENDS OF THE STOWE CONDO MARKET:The number of condos sold reached an 11 year high in 2018The Average and Median Sold prices also increased over the 2012 data with significant increased from 2017The Average Inventory of condos available for sale continued to decline to a record low over the past 11 yearsYou can see these trends in the Infograp... 01/27/2019

Stowe, Vermont - Homes Sales Trend Market Report - 2019As a Real Estate Broker, I have been keeping track of home sales in Stowe, VT on a monthly, quarterly and yearly basis.  At the end of the year, I put together a trend chart comparing the following:1.  Number of Homes Sold - from 2000 through 20182.  Median Sale Price and Average Sale Price - from 2000 through 20183.  Average Inventory of Homes Available for sale - from 2005 through 2018Although Stowe is a relatively small market compared to other areas in Vermont, you can see the trends.  You can certainly tell when the recession hit and how it affected the market.  The 2018 trends charts show that the Stowe Home Sales Market is strong. 1.  The number of homes sold is the highest it has been since 2000. 2.  Both the Average Sale pr... 01/24/2019

Stowe, Vermont Area - Home Sales Market Report - 2018 compared to 2017It's a very snowy day here in Stowe so I thought I'd catch up on my market reports.  The Market Report covers the State of Vermont, Stowe, Waterbury, Morristown, Hyde Park, Elmore, Johnson and Wolcott VERMONT.  The stats for 2018 vs. 2017 came out about the way I expected.Of the areas I keep track of, Stowe is the only town that saw an increase in the number of  Homes Sold.  Most areas did see and increase in Median and Average Sale prices.  All the markets saw a significant decrease in the number of homes available for sale.  This lack of inventory is the main reason that the number of SOLDS is lower.CHART:  Vermont Home Sales Report for 2018 compared to 2017 VERMONT:# of Homes Sold - no changeMedian Sale Price - Up ... 01/20/2019

Stowe, Vermont - 2017 Real Estate Market Report for Stowe Homes, Stowe Condos and Stowe Land - Trends ReportsStowe, Vermont Home Sales - 2000 through 2017:Chart 1 - shows the number of single family homes SOLD in Stowe for the years 2000 through 2017.  It shows a low of 46 homes in 2009 (recession) to a high of 91 in 2016.  There was a dip in 2017 of 7%.Chart 2 - shows the median and average sale prices for the years 2000 through 2017.  2005 and 2006 show higher sale prices with dips in sale prices in 2008 and 2009.  Prices slowly increased with some dips along the way to 2017.  2017 has both average and median sale prices up over 2016.Chart 3 - shows the average inventory available for sale starting with 2005.  2010 shows the highest average inventory while 2017 shows the lowest for th... 02/01/2018

Stowe, Vermont Area - Homes Sales Market Report - 2017 compared to 2016Another year done and I have crunched the numbers.  Overall, the real estate home sales in the Stowe area which includes Waterbury VT, Morristown VT, Hyde Park VT, Johnson VT, Elmore VT and Wolcott VT showed positive signs - increased number of sales, increase sale prices and decreased inventory.  It seems like every year, there is one town that surprises me.  This time, it was Elmore, Vermont.  Although a small town, Elmore showed an increase the number of homes sold by $125%, significant increase in sold prices and a 37% decrease in inventory.Below is a chart showing the difference between 2017 and 2016 in the # of homes sold, median sale price, average sale price, and average inventory for Vermont, Stowe, Waterbur... 01/07/2018

Stowe, Vermont Area Home Sales Report - 1st Quarter 2017 Compared to 1st Quarter 2016There is definitely a mixed bag of statistics for Homes Sold in Stowe, Waterbury, Morristown, Hyde Park, Elmore, Johnson and Wolcott Vermont.  This is one of those good news and bad news reports and certainly varies between towns.Below is a Chart showing Number of Homes Sold, Median & Average Sale Prices and Inventory of Active Home Listings available for SaleSUMMARIES: State of Vermont Homes Sales:# f Homes Sold - Down 4%Median and Average Sale Price - Up 8%Inventory of Homes Available for Sale - Down 16% STOWE, Vermont Home Sales:# of Homes Sold - Down 52%Median Sale Price - Up 11%, Average Sale Price - Up 10%Inventory of Homes Available for Sale - Down 22% WATERBURY, Vermont Home Sales:# of Homes Sol... 04/13/2017

Vermont - Lamoille Area Market Report for Homes Sold in 2016 compared to 2015Overall, the Stowe Area home sales in 2016 have seen positive growth when compared to 2015.  This is good news for most sellers.  The statistics that I looked at for this report include the number of home sales, the average sale price, the median sale price and the inventory of homes available for sale.  The State of Vermont shows all positive indicators - more sales, higher sold prices, and lower inventory.  Each town in the Stowe area has it's own story.  The town that seems to be recovering the best at this point is Stowe while Elmore, Vermont is showing signs of a weakened market.Below is Chart which graphs the Market Activity for the State of Vermont, Stowe, VT, Waterbury, VT, Hyde Park, VT Elmore, VT, Joh... 01/15/2017

Stowe, Vermont - Market Report of Home Sales in Stowe from 2000 through 2016Stowe, Vermont - Home Sales have seen a steady increase since 2009.  There was a decrease in 2015, but 2016 saw an increase of 28% sales.  The Average Sale Price went up 24% while the Median went down 3%.  Of significance is the declining inventory of homes available for sale since 2010.  From 2015 to 2016 there was 27% decrease.  Although Stowe tends to have slow moving market overall compared to other parts of the country, it does appear that home sales in Stowe are heading back to a sellers' market.  This is especially true in the lower priced real estate - below $500,000.Below is a Market Report Chart which shows the # of homes Sold, the Average/Median Sale Prices, and the Average Inventory over the past sev... 01/15/2017

Stowe, Vermont - Market Report on Land Sales in Stowe, VT - 2007 through 2016Stowe, VT Land Sales over the past 10 years have been somewhat inconsistent.  Since the recession, the number of sales have gone down with a pick up in 2012.  There was a 46% increase from 2015 to 2016.  The inventory level has seen a downward trend since 2013 to 2016 but there was a slight increase in 2016.  The average and median sale price in 2016 saw a significant increase in sale prices.Land tends to not follow the overall market trends unless there is a severe lack of inventory in homes available for sale and a possible lower inventory of land for sale.  The cost to hold land by an owner tends to low in that property taxes are low on undeveloped land.  Now that Stowe has seen reduced inventory in existing... 01/15/2017