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March 2014 Stowe-area
Real-estate Market Report

Stowe Townhomes and Condominiums

Inventory is down, closing prices are up slightly, at 1.1%, and median prices are down both for March and YTD. The percent of original price received is up 9% in March and 9.6% YTD.  If you've been wanting to buy, the time is still right!

Stowe Single-family Homes

New listings and closed sales are growing, and closing prices are up, indicating a shift towards more expensive homes. Median and Average sales prices are both up significantly; and, homes are selling more quickly (by 25%) than they did a year ago. But inventory, overall, is decreasing, with months supply down to 11.2, down from 19.3 at the end of March 2013. The net? There's a bit of buying frenzy going on. If you're planning to buy a single-family home in Stowe, you should think about starting your search soon.

Read the complete report, with stats for Stowe and Lamoille County.

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Photo: Mt. Mansfield from Rt. 100 north of Stowe, VT - April 2, 2014
© 2014, Charlie Aronovici