Stowe, VT - Market Report LAND Sales - 2007 through 2016

By
Real Estate Agent with William Raveis Stowe Realty 081.0004547

Stowe, Vermont - Market Report on Land Sales in Stowe, VT - 2007 through 2016

Stowe, VT Land Sales over the past 10 years have been somewhat inconsistent.  Since the recession, the number of sales have gone down with a pick up in 2012.  There was a 46% increase from 2015 to 2016.  The inventory level has seen a downward trend since 2013 to 2016 but there was a slight increase in 2016.  The average and median sale price in 2016 saw a significant increase in sale prices.Stowe Vermong Land

Land tends to not follow the overall market trends unless there is a severe lack of inventory in homes available for sale and a possible lower inventory of land for sale.  The cost to hold land by an owner tends to low in that property taxes are low on undeveloped land.  Now that Stowe has seen reduced inventory in existing homes along with increased sale prices, land sales may pick up in 2017.

Below is a Chart of Stowe Land Sales from 2007 through 2016 shows Number of Land Sales, Average Inventory, and Average/Median Sale prices:

Stowe Vermont Land Sales Market Report 2016 by Teresa Merelman

If you are looking to buy land or sell land in Stowe, Vermont, please feel free contact me.  I'd be happy to help.

Remember - experience and local knowledge are invaluable!!

 

 

Posted by

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

Teresa Merelman, BrokerStowe Realty
ABR, CRS, e-PRO, SRES, GREEN, RSPS
William Raveis Stowe Realty
25 Main Street, P.O. Box 1348
Stowe, VT  05672
(802) 253-8484 - office
(802) 793-5171 - cell
Teresa@StoweUSA.com
www.StoweUSA.com

   ActiveRain Blogger    Twitter   Facebook   Linked In   Flickr   YouTube

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Vermont Lamoille County Stowe
Tags:
stowe land sales
stowe vt land sales market report
stowe market report land sales
market report stowe vt land sales 2016

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,004,158
Bob "RealMan" Timm
National Marketing Realtors - Minot, ND
Bob Timm Owner/Broker National Marketing Realtors

Nice report Teresa DeLuca Merelman especially for those of us who are unfamiliar with the Stowe area.

Jan 15, 2017 08:33 AM #1
Rainmaker
882,125
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I love seeing what other areas have in the way of prices and stats.  Thanks for sharing!

Jan 15, 2017 10:40 AM #2
Rainmaker
177,097
Teresa DeLuca Merelman
William Raveis Stowe Realty - Stowe, VT
ABR, CRS, e-PRO, SRES, GREEN

Thanks Bob and Ryan - appreciate that you even look at market reports!  They are not for everyone but I do it every year.  Not only do I learn about my own market by paying attention and graphing the stats, but sometimes I may even get a client! 

Jan 15, 2017 10:54 AM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
177,097

Teresa DeLuca Merelman

ABR, CRS, e-PRO, SRES, GREEN
Ask me a question
*
*
*
*
Spam prevention

Additional Information