Stowe Vermont Home Sales - Market Report 2005 through 2012
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. Below are market statistics by year and a chart for each year. The data used is from the Northern New England Real Estate Network MLS. Most of Stowe's sales are through the local 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
2010 Stowe Home Sales
# of Homes Sold: 57
Average List Price: $692,109 Average Sale Price: $625,321
Median List Price: $529,000 Median Sale Price: $490,000
Average Number of Homes on the Market: 141
Average Price per Total Finished Square Foot Sold: $191
Average Days on Market: 225
2011 Stowe Home Sales
# of Homes Sold: 69
Average List Price: $679,939 Average Sale Price: $616,886
Median List Price: $489,000 Median Sale Price: $426,000
Average Number of Homes on Market: 126
Average Price per Total Finished Square Foot Sold: $190
Average Price per Above Grade Finished Square Foot Sold: $219
Average Days on Market: 277 Median Days on Market: 162
2012 Stowe Home Sales
# of Homes Sold: 74
Average List Price: $580,014 Average Sale Price: $530,193
Median List Price: $399,000 Median Sale Price: $387,400
Average Number of Homes on Market: 108
Average Price per Total Finished Square Foot Sold: $168
Average Price per Above Grade Finished Square Foot Sold: $216
Average Days on Market: 325 Median Days on Market: 245
STOWE VERMONT HOME SALES - Comparison of Sales from 2005 through 2012:
Stowe Vermont sales data shows that Stowe Home Sales in 2012 have significantly increased over 2011 by 7%. In fact, the number of transactions was up about 70% from 2008. The average number of listings decreased about 18%. The average price per finished square foot sold went down in 2012 by about 12%. The average list price was about 15% lower than 2011 and the average sale price was about 14% lower than 2011.
Although the 2012 numbers appear to show that real estate has picked up, we are not at the higher price levels pre-recession.
Of note is that the available number of homes for sale has decreased. The inventory level is close to the 2007 market.
I have been a Realtor in Stowe since 1998. This is a GREAT time to buy! Take advantage of the still lower than normal prices and the low mortgage interest rates. Click on the links below for MLS information on homes for sale in Stowe, Vermont:
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
MLS Search for Stowe Vermont Real Estate - Various search options including Condos, Land, Commerical, and Multi-Family properties for Sale.
Also, feel free to visit my other Market Reports for Stowe VT Real Estate:
Stowe Vermont Condo Sales - 2005 through 2012 - Market Report
Stowe Vermont Land Sales - 2005 through 2012 - Market Report
Feel free to contact me for additional information about Stowe Real Estate.
Please note that the above compilations of sales information are Copyrighted and may not be reprinted or used without my written permission.
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