Annual
Central Vermont
Market Report
Full Year 2022
Market Overview At A Glance
CENTRAL VERMONT
The Central Vermont region housing market, defined by Lamoille and Washington counties, began to normalize in 2022 after nearly two red-hot years.
Limited inventory remained a major driving factor, and the total number of units sold was down by -20.5% across the Central Vermont region. However, the average sales price increased by +5.8%, and the average days on market decreased by -37.3%. Additionally, properties sold above list price increased by +1.4%.
There is a full breakdown by county and town in this report for more details at a local market level.
Moving into 2023, the majority of headlines on a national level are predicting a downturn in the housing market. However, we have not seen that swift downturn of activity in the Central Vermont region. Yes, the market has begun to normalize, but we anticipate that buyer demand will continue to be strong, driven by limited inventory and that pricing will continue to stabilize. Pricing appropriately for Sellers will become of the utmost importance in order to sell in a timely manner.
Now more than ever, you need an experienced real estate professional to guide you through this ever- changing market.
Central Vermont Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2022 - 12/31/2022) vs. Previous Year To Date (1/1/2021 - 12/31/2021)All Property Types - All Price Points - Lamoille & Washington Counties Central Vermont 2022 2021 +/ - % TOTAL SALES IN UNITS: 2,908 3,660 - 20.5% TOTAL SALES DOLLARS: $1,243,316,802 $1,479,123,992 - 15.9% AVERAGE SALE PRICE: $427,550 $404,132 + 5.8% AVERAGE DAYS ON MARKET: 47 75 - 37.3% SOLD PRICE VS. LIST PRICE: 100.59% 99.24% + 1.4%
Key Market Highlights
COUNTY OVERVIEW BY TOWN WASHINGTON COUNTY OVERVIEW BY TOWN
LAMOILLE
Lamoille County Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2022 - 12/31/2022) vs. Previous Year To Date (1/1/2021 - 12/31/2021)All Property Types - All Price Points - Lamoille County, VT Lamoille County 2022 2021 +/ - % TOTAL SALES IN UNITS: 1,076 1,406 - 23.5% TOTAL SALES DOLLARS: $599,204,878 $779,371,778 - 23.1% AVERAGE SALE PRICE: $556,882 $554,318 + 0.5% AVERAGE DAYS ON MARKET: 59 89 - 33.7% SOLD PRICE VS. LIST PRICE: 99.09% 98.72% + 0.4%
Lamoille County by Town
All Properties | All Price Points
BELVIDERE 2022 2021 +/- % TOTAL SALES IN UNITS: 16 8 + 100.0% AVERAGE SALE PRICE: $303,156 $198,500 + 52.7% AVERAGE DAYS ON MARKET: 75.0 66.0 + 13.6% SOLD PRICE VS. LIST PRICE: 98.27% 96.18% + 2.2% CAMBRIDGE 2022 2021 +/- % TOTAL SALES IN UNITS: 76 101 - 24.8% AVERAGE SALE PRICE: $271,086 $239,542 + 13.2% AVERAGE DAYS ON MARKET: 63.0 83.0 - 24.1% SOLD PRICE VS. LIST PRICE: 100.55% 99.97% + 0.6% EDEN 2022 2021 +/- % TOTAL SALES IN UNITS: 27 35 - 22.9% AVERAGE SALE PRICE: $218,370 $184,420 + 18.4% AVERAGE DAYS ON MARKET: 123.0 141.0 - 12.8% SOLD PRICE VS. LIST PRICE: 97.96% 95.71% + 2.4% ELMORE 2022 2021 +/- % TOTAL SALES IN UNITS: 27 26 + 3.8% AVERAGE SALE PRICE: $361,137 $476,297 - 24.2% AVERAGE DAYS ON MARKET: 85.0 95.0 - 10.5% SOLD PRICE VS. LIST PRICE: 94.95% 98.76% - 3.9% HYDE PARK 2022 2021 +/- % TOTAL SALES IN UNITS: 48 72 - 33.3% AVERAGE SALE PRICE: $340,706 $217,568 + 56.6% AVERAGE DAYS ON MARKET: 57.0 126.0 - 54.8% SOLD PRICE VS. LIST PRICE: 99.20% 99.15% + 0.1%
MORRISTOWN 2022 2021 +/- % TOTAL SALES IN UNITS: 92 110 - 16.4% AVERAGE SALE PRICE: $428,002 $437,286 - 2.1% AVERAGE DAYS ON MARKET: 49.0 73.0 - 32.9% SOLD PRICE VS. LIST PRICE: 100.60% 98.79% + 1.8% JOHNSON 2022 2021 +/- % TOTAL SALES IN UNITS: 33 46 -28.3% AVERAGE SALE PRICE: $358,470 $250,388 43.2% AVERAGE DAYS ON MARKET: 66.0 94.0 -29.8% SOLD PRICE VS. LIST PRICE: 97.79% 99.17% -1.4% STOWE 2022 2021 +/- % TOTAL SALES IN UNITS: 184 259 - 29.0% AVERAGE SALE PRICE: $991,276 $1,008,112 - 1.7% AVERAGE DAYS ON MARKET: 44.0 73.0 - 39.7% SOLD PRICE VS. LIST PRICE: 98.89% 98.67% + 0.2% WATERVILLE 2022 2021 +/- % TOTAL SALES IN UNITS: 7 10 - 30.0% AVERAGE SALE PRICE: $305,143 $245,630 + 24.2% AVERAGE DAYS ON MARKET: 61.0 166.0 - 63.3% SOLD PRICE VS. LIST PRICE: 103.59% 97.70% + 6.0% WOLCOTT 2022 2021 +/- % TOTAL SALES IN UNITS: 28 36 - 22.2% AVERAGE SALE PRICE: $229,014 $172,896 + 32.5% AVERAGE DAYS ON MARKET: 72.0 127.0 - 43.3% SOLD PRICE VS. LIST PRICE: 99.83% 97.91% + 2.0%
Washington County Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2022 - 12/31/2022) vs. Previous Year To Date (1/1/2021 - 12/31/2021)All Property Types - All Price Points - Washington County, VT Washington County 2022 2021 +/ - % TOTAL SALES IN UNITS: 1,832 2,254 - 18.7% TOTAL SALES DOLLARS: $644,111,924 $699,752,214 - 8.0% AVERAGE SALE PRICE: $351,589 $310,449 + 13.3% AVERAGE DAYS ON MARKET: 40 66 - 39.4% SOLD PRICE VS. LIST PRICE: 102.03% 99.82% + 2.2%
Washington County by Town
All Properties | All Price Points
BARRE CITY 2022 2021 +/- % TOTAL SALES IN UNITS: 154 147 + 4.8% AVERAGE SALE PRICE: $206,854 $196,876 + 5.1% AVERAGE DAYS ON MARKET: 34.0 55.0 - 38.2% SOLD PRICE VS. LIST PRICE: 101.26% 100.24% + 1.0% BARRE TOWN 2022 2021 +/- % TOTAL SALES IN UNITS: 150 152 - 1.3% AVERAGE SALE PRICE: $287,269 $260,576 + 10.2% AVERAGE DAYS ON MARKET: 43.0 36.0 + 19.4% SOLD PRICE VS. LIST PRICE: 100.63% 99.31% + 1.3% BERLIN 2022 2021 +/- % TOTAL SALES IN UNITS: 38 46 - 17.4% AVERAGE SALE PRICE: $305,649 $273,594 + 11.7% AVERAGE DAYS ON MARKET: 37.0 61.0 - 39.3% SOLD PRICE VS. LIST PRICE: 100.94% 99.44% + 1.5% CABOT 2022 2021 +/- % TOTAL SALES IN UNITS: 19 37 - 48.6% AVERAGE SALE PRICE: $313,008 $228,364 + 37.1% AVERAGE DAYS ON MARKET: 117.0 86.0 + 36.0% SOLD PRICE VS. LIST PRICE: 99.09% 97.38% + 1.8% CALAIS 2022 2021 +/- % TOTAL SALES IN UNITS: 18 39 - 53.8% AVERAGE SALE PRICE: $343,980 $293,905 + 17.0% AVERAGE DAYS ON MARKET: 79.0 73.0 + 8.2% SOLD PRICE VS. LIST PRICE: 102.71% 102.13% + 0.6%
EAST MONTPELIER 2022 2021 +/- % TOTAL SALES IN UNITS: 28 35 - 20.0% AVERAGE SALE PRICE: $376,404 $318,977 + 18.0% AVERAGE DAYS ON MARKET: 19.0 85.0 - 77.6% SOLD PRICE VS. LIST PRICE: 103.37% 98.89% + 4.5% DUXBURY 2022 2021 +/- % TOTAL SALES IN UNITS: 14 34 - 58.8% AVERAGE SALE PRICE: $370,429 $241,917 + 53.1% AVERAGE DAYS ON MARKET: 29.0 90.0 - 67.8% SOLD PRICE VS. LIST PRICE: 100.14% 103.18% - 2.9% FAYSTON 2022 2021 +/- % TOTAL SALES IN UNITS: 35 39 - 10.3% AVERAGE SALE PRICE: $501,489 $454,882 + 10.2% AVERAGE DAYS ON MARKET: 33.0 72.0 - 54.2% SOLD PRICE VS. LIST PRICE: 104.65% 101.54% + 3.1% MARSHFIELD 2022 2021 +/- % TOTAL SALES IN UNITS: 18 17 + 5.9% AVERAGE SALE PRICE: $281,466 $262,029 + 7.4% AVERAGE DAYS ON MARKET: 53.0 91.0 - 41.8% SOLD PRICE VS. LIST PRICE: 103.42% 98.31% + 5.2% MIDDLESEX 2022 2021 +/- % TOTAL SALES IN UNITS: 17 29 - 41.4% AVERAGE SALE PRICE: $381,482 $314,145 + 21.4% AVERAGE DAYS ON MARKET: 30.0 31.0 - 3.2% SOLD PRICE VS. LIST PRICE: 108.45% 96.38% + 12.5% MONTPELIER 2022 2021 +/- % TOTAL SALES IN UNITS: 98 100 - 2.0% AVERAGE SALE PRICE: $402,597 $322,312 + 24.9% AVERAGE DAYS ON MARKET: 22.0 33.0 - 33.3% SOLD PRICE VS. LIST PRICE: 101.58% 99.46% + 2.1%
NORTHFIELD 2022 2021 +/- % TOTAL SALES IN UNITS: 54 74 - 27.0% AVERAGE SALE PRICE: $277,675 $254,947 + 8.9% AVERAGE DAYS ON MARKET: 40.0 52.0 - 23.1% SOLD PRICE VS. LIST PRICE: 100.88% 99.55% + 1.3% MORETOWN 2022 2021 +/- % TOTAL SALES IN UNITS: 20 39 - 48.7% AVERAGE SALE PRICE: $331,238 $382,473 - 13.4% AVERAGE DAYS ON MARKET: 102.0 116.0 - 12.1% SOLD PRICE VS. LIST PRICE: 101.83% 100.68% + 1.1% PLAINFIELD 2022 2021 +/- % TOTAL SALES IN UNITS: 10 21 - 52.4% AVERAGE SALE PRICE: $296,459 $352,198 - 15.8% AVERAGE DAYS ON MARKET: 55.0 41.0 + 34.1% SOLD PRICE VS. LIST PRICE: 101.04% 98.05% + 3.0% WAITSFIELD 2022 2021 +/- % TOTAL SALES IN UNITS: 37 50 - 26.0% AVERAGE SALE PRICE: $546,023 $496,286 + 10.0% AVERAGE DAYS ON MARKET: 32.0 122.0 - 73.8% SOLD PRICE VS. LIST PRICE: 111.19% 97.32% + 14.3% ROXBURY 2022 2021 +/- % TOTAL SALES IN UNITS: 12 19 - 36.8% AVERAGE SALE PRICE: $249,792 $219,126 + 14.0% AVERAGE DAYS ON MARKET: 39.0 82.0 - 52.4% SOLD PRICE VS. LIST PRICE: 102.37% 100.71% + 1.6% WARREN 2022 2021 +/- % TOTAL SALES IN UNITS: 100 142 -29.6% AVERAGE SALE PRICE: $472,319 $357,587 32.1% AVERAGE DAYS ON MARKET: 41.0 81.0 -49.4% SOLD PRICE VS. LIST PRICE: 100.36% 100.34% 0.0%
WOODBURY 2022 2021 +/- % TOTAL SALES IN UNITS: 17 16 + 6.3% AVERAGE SALE PRICE: $212,803 $259,981 - 18.1% AVERAGE DAYS ON MARKET: 19.0 76.0 - 75.0% SOLD PRICE VS. LIST PRICE: 101.82% 97.90% + 4.0% WATERBURY 2022 2021 +/- % TOTAL SALES IN UNITS: 65 81 - 19.8% AVERAGE SALE PRICE: $503,899 $483,057 + 4.3% AVERAGE DAYS ON MARKET: 33.0 82.0 - 59.8% SOLD PRICE VS. LIST PRICE: 102.23% 101.14% + 1.1% WORCESTER 2022 2021 +/- % TOTAL SALES IN UNITS: 12 10 + 20.0% AVERAGE SALE PRICE: $640,492 $168,400 + 280.3% AVERAGE DAYS ON MARKET: 70.0 75.0 - 6.7% SOLD PRICE VS. LIST PRICE: 97.39% 107.26% - 9.2%
New York
New Hampshire
Vermont
New York
Champlain Valley
Hudson Valley
South Burlington: 802.864.0541
Kingston: 845.331.3100
Rhinebeck: 845.876.5100
Central Vermont
Tivoli: 845.757.5000
Rutland: 802.774.7007
Catskill: 518.943.7533
Killington: 802.746.4203
Hudson: 518.822.0800
Stowe: 802.253.7267
Upstate New York
Northeast Kingdom
Saratoga Springs: 518.580.8500
St. Johnsbury: 802.751.7582
Bolton Landing: 518.644.9500
Lake Placid: 518.523.2550
Southern Vermont
Central New York
Mount Snow: 802.464.1200
Stratton: 802.297.1100
Syracuse: 315.685.8100
Manchester: 802.362.4551
Thousand Islands Region: 315.685.8100
Okemo: 802.228.4537
Finger Lakes Region: 315.685.8100
Upper Valley
Western New York
Fairlee: 802.333.4701
Buffalo: 716.320.1414
Rochester: 585.394.7111
Lake Sunapee Region
New London: 603.526.4050
Lakes Region of New Hampshire
Meredith: 603.677.7012
Southern New Hampshire
Bedford: 603.413.7600
Peterborough: 603.924.3321
Upper Valley
Hanover: 603.643.6070
Hudson Valley
Kingston: 845.331.3100
Champlain Valley South Burlington: 802.864.0541
Rhinebeck: 845.876.5100
Central Vermont
Tivoli: 845.757.5000
Rutland: 802.774.7007
Catskill: 518.943.7533
Killington: 802.746.4203
Hudson: 518.822.0800
Stowe: 802.253.7267
Upstate New York
Northeast Kingdom St. Johnsbury: 802.751.7582
Saratoga Springs: 518.580.8500
Bolton Landing: 518.644.9500
Lake Placid: 518.523.2550
Southern Vermont
Central New York
Mount Snow: 802.464.1200
Stratton: 802.297.1100
Syracuse: 315.685.8100
Thousand Islands Region: 315.685.8100
Manchester: 802.362.4551
Finger Lakes Region: 315.685.8100
Okemo: 802.228.4537
Upper Valley Fairlee: 802.333.4701
Western New York
Buffalo: 716.320.1414
Rochester: 585.394.7111
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