Stowe, VT Area - Land Sales Market Report: 1st-3rd Qtrs 2016/2015

Stowe, Vermont Area LAND Sales Market Report - 1st through 3rd Quarters - 2016/2015

Since the recession, land sales in Vermont have been lagging while home and condo sales have been slowly gaining strength.  Overall, I still find this to be true with the notable exception of Stowe, Vermont.  I could see that Stowe land sales were overall doing better, but not by this much.

Below is a Chart showing Land Sale numbers throughout most of the Lamoille Area.  Also included are the State of Vermont and Waterbury, Vermont sales data:

Summary:

• VERMONT Land Sales - Statewide:
  # of Lots Sold - Up 23%
  Average Sale Price - Up 11%; Median Sale Price - no change
  Inventory of Lots Available for Sale - Down 2%
• STOWE, VT Land Sales:
  # of Lots Sold - Up 300%
  Average Sale Price - Up 130%; Median Sale Price - Up 74%
  Inventory of Lots Available for Sale - Down 20%
• WATERBURY, VT Land Sales:
  # of Lots Sold - Down 25%
  Average Sale Price - Down 54%; Median Sale Price - Down 67%
  Inventory of Lots Available for Sale - Up 31%
• MORRISTOWN, VT Land Sales:
  # of Lots Sold - Up 57%
  Average Sale Price - Down 37%; Median Sale Price - Up 35%
  Inventory of Lots Available for Sale - Down 13%
• HYDE PARK, VT Land Sales:
  # of Lots Sold - Up 75%
  Average Sale Price - Down 59%; Median Sale Price - Down 79%
  Inventory of Lots Available for Sale - Down 25%
• ELMORE, VT Land Sales:
  # of Lots Sold - Down 100% - no sales
  Average Sale and Median Sale Price - no sales
  Inventory of Lots Available for Sale - Down 4%
• JOHNSON, VT Land Sales:
  # of Lots Sold - Up 40%
  Average Sale Price - Down 41%; Median Sale Price - Down 62%
  Inventory of Lots Available for Sale - Down 22%
• WOLCOTT, VT Land Sales:
  # of Lots Sold - Down 88%
  Average Sale Price - Down 58%; Median Sale Price - Down 43%
  Inventory of Lots Available for Sale - Up 33%