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Stowe, Vermont Area Home Sales Market Report 2023 - 2022

By
Real Estate Agent with Pall Spera Company Realtors 081.0004547

Stowe, Vermont Area Home Sale Market Report - 2023 compared to 2022

Another year is in the books for real estate sales in the Stowe, Vermont area.  Overall, 2023 saw a decrease in the number of homes sold, an increase in median and average sale prices, and a decrease in inventory.

Below is chart that shows this trend for the State of Vermont, Stowe, Waterbury, Morristown, Hyde Park, Elmore, Johnson and Wolcott - with a few exceptions in Johnson and Wolcott (active listings increased).

This seems to be the trend across most of the United States.  I don't know what will happen this year but am hoping for more inventory.  I have noticed that there are more offers being made with financing contingencies and inspections.  Perhaps the lower interest rates we are seeing will help buyers be able to buy homes.

CHART of Number of Homes Sold, Median and Average Sale Prices and Average Inventory by Town:

Stowe Vermont Area Home Sales Market Report comparing 2023 to 2022 by Teresa Merelman

If you are thinking about selling or buying a property in the area, give me a call.  I'd be happy to discuss your needs and plans with you!

Home for Sale on Lake Champlain Vermont by Teresa Merelman

Posted by

Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com

Teresa Merelman, Broker
ABR, CRS, e-PRO, SRES, GREEN, RSPSPall Spera Company Logo
Pall Spera Company Realtors
62 Main Street, P.O. Box 539
Stowe, VT  05672
(802) 253-1806 - office
(802) 793-5171 - cell
Teresa@StoweUSA.com
www.StoweUSA.com

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Show All Comments Sort:
Richard Weeks
Dallas, TX
REALTOR®, Broker
Thanks for sharing your market update.  Great information for buyers and sellers in your area.
Jan 15, 2024 03:41 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Welcome to the Rain. Enjoyed your blog page, and I added you as a follower. I would love the follow back. Also, then we both get 50 points. Bill

Jan 15, 2024 05:14 AM