Stowe, VT Area Home Sales Market Report - 2018 compared to 2017

Stowe, Vermont Area - Home Sales Market Report - 2018 compared to 2017

It's a very snowy day here in Stowe so I thought I'd catch up on my market reports.  The Market Report covers the State of Vermont, Stowe, Waterbury, Morristown, Hyde Park, Elmore, Johnson and Wolcott VERMONT.  The stats for 2018 vs. 2017 came out about the way I expected.

Of the areas I keep track of, Stowe is the only town that saw an increase in the number of  Homes Sold.  Most areas did see and increase in Median and Average Sale prices.  All the markets saw a significant decrease in the number of homes available for sale.  This lack of inventory is the main reason that the number of SOLDS is lower.

CHART:  Vermont Home Sales Report for 2018 compared to 2017

• VERMONT:
  # of Homes Sold - no change
  Median Sale Price - Up 3%
  Average Sale Price - Up 4%
  Average # of Active Listings - Down 14%
• STOWE, VERMONT:
  # of Homes Sold - Up 15%
  Median Sale Price - Up 19%
  Average Sale Price - Up 15%
  Average # of Listings - Down 11%
  
• WATERBURY, VERMONT:
  # of Homes Sold - Down 36%
  Median Sale Price - Up 18%
  Average Sale Price - Up 11%
  Average # of Listings - Down 18%
  
• MORRISTOWN, VERMONT:
  # of Homes Sold - No Change
  Median Sale Price - Up 15%
  Average Sale Price - Up 5%
  Average # of Listings - Down 24%
• HYDE PARK, VERMONT:
  # of Homes Sold - Down 3%
  Median Sale Price - Up 13%
  Average Sale Price - Down 8%
  Average # of Listings - Down 38%
  
• ELMORE, VERMONT:
  # of Homes Sold - Down 28%
  Median Sale Price - Down 3%
  Average Sale Price - Down 12%
  Average # of Listings - Down 17%
  
• JOHNSON, VERMONT:
  # of Homes Sold - Down 16%
  Median Sale Price - Unchanged
  Average Sale Price - Up 75%
  Average # of Listings - Down 32%
  
• WOLCOTT, VERMONT:
  # of Homes Sold - Down 13%
  Median Sale Price - Up 11%
  Average Sale Price - Up 17%
  Average # of Listings - Down 11%