The Coldwell Banker Carlson Real Estate Market Report

☆☆ January 30, 2018 UPDATE: the report has been reformatted to be more reader-friendly. Click on the link below to see the enhanced format. ☆☆

2017 Year-End Stowe Area Report
including Details for Stowe, Waterbury, and all of Lamoille County

Our 2017 Year-End Market Report uses market-wide data, based on transactions that closed in 2017 in our Multiple Listing Service; and, compares them to sales that took place during the same time period in 2016, providing the most comprehensive market analysis in the area.

Read the complete report here.

Call (802-730-4343) or write
with any questions or for more information

Q1 2015 Real Estate Market Data for Stowe VT, Lamoille County, and Waterbury VT

The Stowe, VT real-estate market began 2015 as a strong and stable market. While sales were down slightly compared to Q1 2014, the increase in activity, showings, offers, and contracts signed by the end of Q1 2015 is pointing to a year of potential growth. The real-estate in the rest of Lamoille County, excluding Stowe, saw some contraction this quarter, but is expected to move into positive territory with the arrival of warmer weather. Finally, the Waterbury market was not only stable in Q1, but this market is gaining in all significant categories.

Click here to see the complete Q1 2015 reports for Stowe VT, Lamoille County, and Waterbury VT.

2014 Year-end Stowe and Lamoille County Real Estate Market Data

Coldwell Banker Carlson Real Estate

Interest rates are as low as we’ve seen in a long time (3.75% for a 30-year fixed, at the time of this publication), and a local mortgage broker has recently indicated that his portfolio of loans to close in the first quarter of 2015, is the largest he’s seen in the past 5-6 years.

Read the complete year-end report here with additional data for Lamoille County and Waterbury.

March 2014 Stowe-area Real-estate Market Report

Signs of spring in Vermont are finally beginning to emerge after a very cold and snowy winter. With the transition from from winter to Spring getting a late start this year, some are still skiing the back country, while die hard mountain- and road-bikers have already begun prepping their bikes for a late spring start in the woods and on local roads and byways. Trees and flowers will soon begin to blossom, just as the real-estate market will. Sales have been robust this winter, and projections indicate continued growth. Vibrancy continues in Stowe village as well, with Plate, our newest restaurant having recently opened to rave reviews.

Q1 2014 has shown another marked increase in residential sales compared to Q1 2013, with home sales up 60%. That is the most significant increase we’ve seen since 2010, when it was approximately 27%.

Consumer confidence continues to strengthen, buyer demand is strong, interest rates are still low and stable, and an area-wide decline in inventory have all combined to create a vigorous market and strong start to the new year. Residential inventory is down 11%, which is a 10-month supply and is 44% lower than Q1 2013. In contrast, the Q1 2014 median and average residential sales prices soared 71% and 41%, respectively.

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.

February 2014 Stowe-area Real-Estate Market Report

Stowe Townhomes and Condominiums

Inventory is down, closing prices are up. Interest rates are working their way up. If you've been wanting to buy, the time is right!

Stowe Single-family Homes

Inventory is down, closing prices are down minimally, and interest rates are working their way up. If you've been waiting to buy a single-family home in Stowe, don't delay too much longer.

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

Read the recently released February existing-home sales report from the National Association of Realtors, which is consistent with our Stowe-area statistics, without the weather's negative impact on activity as it is in much of the rest of the country.

Real-Estate Market Reports for Stowe and Lamoille County

 

The same factors that catalyzed widespread market recovery in 2012 and 2013 are likely to continue in 2014, though perhaps at a more moderate pace. That’s not a bad thing, since the market is returning to a stable, healthy state. Potential trends to watch for in 2014 include increased seller activity, more new construction and fewer foreclosures on the market. Inventory is another metric to watch this year.

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

November 2013 Market Report

November was largely another encouraging month for residential real estate. Our attention has shifted from multi-year high prices and sales volumes to seller activity, inventory levels and building permits. And let’s not forget the calendar effect. As families gather together, fewer house hunters are scheduling showings and writing offers. Watch for month-to-month activity to moderate while year-over-year comparisons remain strong.

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

Market Data Update: Stowe "Selling Prices to Listing Prices"

Stowe 2011 Residential Selling Prices to Listed PricesThe 2011 Residential (not including Condominiums) Selling Prices to Listing Prices in Stowe, Vermont were, on average -9%. That is, most homes in Stowe sold, in 2011, at 9% below their Listing Price. See this new chart here.