Stowe Vermont Home Sales - Market Report 2005 through 2009
Stowe, Vermont is a beautiful, four season resort town. Stowe has a full time population of about 4,500
people. Many of Stowe homes and condos are vacation and second homes. As anticipated, the number of homes sold in 2009 were down. Below are market statistics by year and a chart for each year. The data used is from the Vermont Real Estate Information Network MLS. Most of Stowe's sales are through the lcoal MLS. You can click on the charts for enlarged versions. Towards the end of this article, is a year to year comparison.
2005 Stowe Home Sales
# of Homes Sold: 82
Average List Price: $735,080 Average Sale Price: $682,000
Median List Price: $495,000 Median Sale Price: $475,000
Average Number of Homes on the Market: 74
Average Price per Finished Square Foot Sold: $224
Average Days on Market: 135
2006 Stowe Home Sales
# of Homes Sold: 74
Average List Price: $680,177 Average Sale Price: $637,664
Median List Price: $549,000 Median Sale Price: $507,500
Average Number of Homes on the Market: 95
Average Price per Finished Square Foot Sold: $214
Average Days on Market: 150
2007 Stowe Home Sales
# of Homes Sold: 74
Average List Price: $710,001 Average Sale Price: $652.098
Median List Price: $499,000 Median Sale Price: $450,000
Average Number of Homes on the Market: 109
Average Price per Finished Square Foot Sold: $219
Average Days on Market: 197
2008 Stowe Home Sales
# of Homes Sold: 52
Average List Price: $556,960 Average Sale Price: $535,481
Median List Price: $492,000 Median Sale Price: $445,000
Average Number of Homes on the Market: 135
Average Price per Finished Square Foot Sold: $202
Average Days on Market: 215
2009 Stowe Home Sales
# of Homes Sold: 46
Average List Price: $603,757 Average Sale Price: $542,022
Median List Price: $494,000 Median Sale Price: $456,250
Average Number of Homes on the Market: 133
Average Price per Finished Square Foot Sold: $185
Average Days on Market: 165
The trends in Stowe tend to mirror other resort towns. Basically, the number of homes sold has
decreased, the average number of listings has increased, the average list and sale prices have decreased as has the average price per square foot, and the number of days on the market has increased since 2005.
Of interest is that the 4th quarter of 2009 had a significant increase in the number of sales and the number of homes placed under contract.
I have been a Realtor in Stowe since 1998. I have never seen a better time to buy. Take advantage of the higher than normal inventory, the lower than normal prices, the low mortgage interest rates, and first time buyer/move up buyer tax credit before it is too late.
Click on the links below for MLS information on homes in Stowe, Vermont for Sale:
Stowe Vermont Homes for Sale $50,000 to $500,000
Stowe Vermont Homes for Sale $500,000 to $1,000,000
Stowe Vermont Homes for Sale $1,000,000 plus
Stowe Vermont Homes - Foreclosures
Give me a call. I'd be happy to help!