Vermont - Stowe Area Home Sales Market Report - 2019 compared to 2018
Another year is history so it's time for my annual Stowe, Vermont Area home sales market report. Overall, the number of homes sold was higher; however, in areas where that was not the case, the decrease in sales was most likely due to lack of inventory.
Each town had positive signs and negative signs. Waterbury, Vermont had the best report with increased number of sales, increased sale prices along with a reduction in inventory. Stowe, Vermont had a minor reduction and number of homes sold and in sale prices. Stowe faced and continues to face a low inventory of homes price below $1m.
Below is a chart which summarizes the sales figures and the average inventory in each town.
CHART of Vermont Towns Home Sales - 2019 compared to 2018:
-
STATE OF VERMONT - Home Sales
# of Homes Sold - Up 6%
Median and Average Sold Price - Up 6% and 5%
Average Inventory - Down 12% -
STOWE, Vermont - Home Sales
# of Homes Sold - Down 4%
Median and Average Sale Price - Down 10% and 14%
Average Inventory - Down 17% -
WATERBURY, Vermont - Home Sales
#of Homes Sold - Up 43%
Median and Average Sale Price - Up 5% and 14%
Average Inventory - Down 11% -
MORRISVILLE, Vermont - Home Sales
# of Homes Sold - Down 5%
Median and Average Sale Price - Down 9% and 6%
Average Inventory - Down 3% -
HYDE PARK, Vermont - Home Sale
# of Homes Sold - Down 16%
Median and Average Sale Price - Up 5% and 17%
Average Inventory - Up 44% -
ELMORE, Vermont - Home Sales
# of Homes Sold - Up 8%
Median and Average Sale Price - Up 19% and 17%
Average Inventory - no change -
JOHNSON, Vermont - Home Sales
# of Homes Sold - Down 15%
Median and Average Sale Price - Up 6%, Down 22%
Average Inventory - Down 20% -
WOLCOTT, Vermont - Home Sales
# of Homes Sold - Up 14%
Median and Average Sale Price - Up %
Average Inventory - Up 6%
If you are looking to Sell your Home or Buy a Home in Stowe, Vermont area, be sure to contact a LOCAL Realtor. I am an experienced broker in the Stowe area and have 21 years of knowledge in this market. As the market changes, so does my advice.
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