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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 4,500Stowe Vermont Home for Sale 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
Stowe Homes Sold 2005# 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
Stowe Home Sales 2006# 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
Stowe Home Sales 2007# 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
Stowe Home Sales 288# 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
Stowe Home Sales 2009# 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 Stowe Homes Sold 2005 through 2009decreased, 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!

 

Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com

Teresa Merelman, BrokerStowe Realty
ABR, CRS, e-PRO, GREEN, RSPS
Stowe Realty, a BCK Real Estate Co.
254 Mountain Rd., P.O. Box 1348
Stowe, VT  05672
(802) 253-8484 - office
(802) 793-5171 - cell
Teresa@StoweUSA.com
www.StoweUSA.com

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Teresa Merelman, ABR, CRS, e-PRO, RSPS, GREEN

Stowe, VT

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Stowe Realty

Address: 254 Mountain Road, P.O. Box 1348, Stowe, VT, 05672

Office Phone: (802) 253-8484

Cell Phone: (802) 793-5171

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