STOWE, Vermont Area Condo Sales Market Report - 2020 compared to 2019

Real Estate Agent with Pall Spera Company Realtors 081.0004547

Stowe, Vermont area condo sales Market Report - 2020 compared to 2019.

The Stowe, VT area saw a significant increase in the sale of condos.  Vermont sales benefited from many buyers looking for a more remote location to come to while dealing with COVID 19 in their home state.  Another trend we saw was people making Vermont their primary residence as they could work remotely from their Stowe property.

The CHART below shows the sales of condos in Vermont, Stowe, Waterbury and Morristown, Vermont.  The average inventory of condos in Waterbury and Morristown in 2020 was 0; however there were sales in both towns.

Stowe VT Condo Market Report 2020 compared to 2019

- # of condos sold - Up 16%
- Median Sale Price - Up 11%, Average Sale Price - Up 17%
- Average # of Condos for Sale - Down 28%

STOWE, VT Condo Sales:
- # of condos sold - Up 62%
- Median Sale Price - Up 29%, Average Sale Price - Up 23%
- Average # of Condos for Sale - Down 11%

WATERBURY, VT Condo Sales:
- # of condos sold - Up 250%
- Median Sale Price - Down 17%, Average Sale Price - Up 17%
- Average # of Condos for Sale - unchanged (0)

- # of condos sold - no change
- Median and Average Sale Price - up 3%  

Condos can be a great purchase for buyers - especially those looking for a vacation property.  Through the home owners association, many of the routine tasks are taken care of - such as mowing and plowing.  They can also be a source of rental income through good management practices.  For some buyers, they are a great solution for their needs.

Stowe VT Topnotch Condo

Posted by

Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 --

Teresa Merelman, Broker
ABR, CRS, e-PRO, SRES, GREEN, RSPSPall Spera Company Logo
Pall Spera Company Realtors
1800 Mountain Road, P.O. Box 539
Stowe, VT  05672
(802) 253-9771 - office
(802) 793-5171 - cell

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Comments (3)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I have a friend who used to date someone who had a condo in Vermont and they said it was pretty darn cool!

Jan 09, 2021 09:47 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Stowe home buyers and sellers are certain to value your real estate market report, Teresa.

Jan 10, 2021 01:50 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks for sharing your market update.  Great information for buyers and sellers in your area.

Jan 10, 2021 02:14 AM