Stowe Vermont Area Condo Sales Market Report - 2022 compared to 2021
Overall, 2022 showed a decrease in condo sales and in inventory. We also saw an increase in median and average sale prices.
The CHART shows the activity for Vermont, Stowe, Waterbury and Morristown.
VERMONT Condo Sales - 2022 compared to 2021
- # of condos sold: down 17%
- Median Sale price: up 29%
- Average Sale price: up 26%
- Average Inventory: down 21%
STOWE, VERMONT Condo Sales - 2022 compared to 2021
- # of Condos sold: down 28%
- Median Sale price: up 13%
- Average Sale price: up 10%
- Average Inventory: down 31%
WATERBURY, VERMONT Condo Sales - 2022 compared to 2021
- # of Condos Sold: no sales in 2022. No Inventory in 2022
MORRISTOWN, VERMONT Condo Sales - 2022 compared to 2021
- # of Condos Sold: up 200%
- Median Sale Price: up 9%
- Average Sale Price - up 24%
- Average Inventory - no change (not enough inventory for an average)
Condos have remained a desirable purchase for many - especially for 2nd home/vacation property buyers. They face the same situation as single family residences - low inventory, higher demand, and higher sale prices.
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