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Stowe, VT Area Condo Sales Market Report - 2023 compared to 2022

By
Real Estate Agent with Pall Spera Company Realtors 081.0004547

Stowe, Vermont Area Condo Sales Market Report - Comparison of 2023 vs. 2022 Condo Sales

Stowe, Vermont area condo sales somewhat followed the State of Vermont trends.  

Stowe's number of sales were down by 18% and the inventory was also down by 9%.  The median sale price was up 31% and the average sale price was also up by 37%.  Most of the inventory is priced over $600k.

Waterbury, Vermont did have more sales but only average 1 unit available.

Morristown, Vermont increased in units sold.  The median sale price increased by 11% and the average sale price increased by 5%.  The average inventory was 0.

The CHART below shows the data from 2023 compared to 2022.

Stowe Vermont Condo Sales Market Report 2023 by Teresa Merelman

Condos continue to be a popular option for both full time and vacation buyers.  It is important to understand the Condo Documents, Rules and Regulations, HOA setup, and HOA fees before purchasing.

Please feel free to contact me if you have interest in selling and buyers a condo in the Stowe, VT area!

Stowe Condo Real Estate Market Report 2023 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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Comments(1)

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George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Teresa DeLuca Merelman this is good information for both Buyers and Sellers in your area.

Jan 16, 2024 03:34 PM