Central Vermont MARKET REPORT | YEAR END 2023
Market Overview At A Glance CENTRAL VERMONT The Central Vermont region housing market, defined by Lamoille, Orange and Washington counties, began to show signs of stabilizing in 2023. Limited inventory remained the major driving factor, and the total number of units sold was down by -21.4% across the Central Vermont region. However, the average sales price increased by +12.9%, and the average days on market actually decreased -4.0%. There is a full breakdown by county and town in this report for more details at a local market level. Moving into 2024, we anticipate that buyer demand will continue to be strong, driven by limited inventory and that pricing will continue to hold steady. 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 Central Vermont
2023
2022
+/-- % +/
TOTAL SALES IN UNITS:
2,908
3,698
- 21.4%
TOTAL SALES DOLLARS:
$1,312,241,000
$1,478,355,000
- 11.2%
AVERAGE SALE PRICE:
$451,252
$399,772
+ 12.9%
AVERAGE DAYS ON MARKET:
48
50
- 4.0%
SOLD PRICE VS. LIST PRICE:
99.99%
100.34%
- 0.3%
Source: Trendgraphix Data - (1/1/2023 - 12/31/2023) vs. Previous Year To Date (1/1/2022 - 12/31/2022) All Property Types - All Price Points - Lamoille & Washington Counties
Key Market Highlights LAMOILLE COUNTY OVERVIEW BY TOWN
ORANGE COUNTY OVERVIEW BY TOWN
WASHINGTON COUNTY OVERVIEW BY TOWN
Lamoille County Overview All Properties | All Price Points Lamoille County
2023
2022
+/-- % +/
TOTAL SALES IN UNITS:
780
1,078
- 27.6%
TOTAL SALES DOLLARS:
$536,601,000
$599,022,000
- 10.4%
AVERAGE SALE PRICE:
$687,950
$555,679
+ 23.8%
AVERAGE DAYS ON MARKET:
68
58
+ 17.2%
SOLD PRICE VS. LIST PRICE:
99.12%
99.11%
+ 0.0%
Source: Trendgraphix Data - (1/1/2023 - 12/31/2023) vs. Previous Year To Date (1/1/2022 - 12/31/2022) All Property Types - All Price Points - Lamoille County, VT
Lamoille County by Town All Properties | All Price Points BELVIDERE
2023
2022
+/- %
TOTAL SALES IN UNITS:
3
16
-81.3%
AVERAGE SALE PRICE:
$460,700
$303,200
51.9%
AVERAGE DAYS ON MARKET:
31.0
75.0
-58.7%
SOLD PRICE VS. LIST PRICE:
101.99%
98.27%
3.8%
CAMBRIDGE
2023
2022
+/- %
TOTAL SALES IN UNITS:
54
76
-28.9%
AVERAGE SALE PRICE:
313.1
271.1
15.5%
AVERAGE DAYS ON MARKET:
86.0
63.0
36.5%
SOLD PRICE VS. LIST PRICE:
101.36%
100.55%
0.8%
EDEN
2023
2022
+/- %
TOTAL SALES IN UNITS:
16
27
-40.7%
AVERAGE SALE PRICE:
$268,800
$218,400
23.1%
AVERAGE DAYS ON MARKET:
118.0
123.0
-4.1%
SOLD PRICE VS. LIST PRICE:
97.22%
97.96%
-0.8%
ELMORE
2023
2022
+/- %
TOTAL SALES IN UNITS:
10
27
- 55.0%
AVERAGE SALE PRICE:
$311,300
$361,100
-13.8%
AVERAGE DAYS ON MARKET:
86.0
85.0
1.2%
SOLD PRICE VS. LIST PRICE:
95.37%
94.95%
0.4%
HYDE PARK
2023
2022
+/- %
TOTAL SALES IN UNITS:
32
48
-33.3%
AVERAGE SALE PRICE:
$356,900
$340,700
4.8%
AVERAGE DAYS ON MARKET:
47.0
57.0
-17.5%
SOLD PRICE VS. LIST PRICE:
102.87%
99.20%
3.7%
JOHNSON
2023
2022
+/- %
TOTAL SALES IN UNITS:
25
33
-24.2%
AVERAGE SALE PRICE:
$291,200
$358,500
-18.8%
AVERAGE DAYS ON MARKET:
93.0
66.0
40.9%
SOLD PRICE VS. LIST PRICE:
97.34%
97.79%
-0.5%
MORRISTOWN
2023
2022
+/- %
TOTAL SALES IN UNITS:
63
92
-31.5%
AVERAGE SALE PRICE:
$421,700
$428,000
-1.5%
AVERAGE DAYS ON MARKET:
56.0
49.0
14.3%
SOLD PRICE VS. LIST PRICE:
99.05%
100.60%
-1.5%
STOWE
2023
2022
+/- %
TOTAL SALES IN UNITS:
163
185
-11.9%
AVERAGE SALE PRICE:
$1,162,900
$985,400
18.0%
AVERAGE DAYS ON MARKET:
64.0
43.0
48.8%
SOLD PRICE VS. LIST PRICE:
98.92%
98.93%
0.0%
WATERVILLE
2023
2022
+/- %
TOTAL SALES IN UNITS:
7
7
0.0%
AVERAGE SALE PRICE:
$285,100
$305,100
-6.6%
AVERAGE DAYS ON MARKET:
78.0
61.0
27.9%
SOLD PRICE VS. LIST PRICE:
98.04%
103.59%
-5.4%
WOLCOTT
2023
2022
+/- %
TOTAL SALES IN UNITS:
17
28
-39.3%
AVERAGE SALE PRICE:
$339,900
$229,000
48.4%
AVERAGE DAYS ON MARKET:
37.0
72.0
-48.6%
SOLD PRICE VS. LIST PRICE:
98.06%
99.83%
-1.8%
Orange County Overview All Properties | All Price Points Orange County
2023
2022
+/-- % +/
TOTAL SALES IN UNITS:
674
788
- 14.5%
TOTAL SALES DOLLARS:
$212,917,000
$235,221,000
- 9.5%
AVERAGE SALE PRICE:
$315,900
$298,504
+ 5.8%
AVERAGE DAYS ON MARKET:
41
65
- 36.9%
SOLD PRICE VS. LIST PRICE:
98.82%
99.00%
- 0.2%
Source: Trendgraphix Data - (1/1/2023 - 12/31/2023) vs. Previous Year To Date (1/1/2022 - 12/31/2022) All Property Types - All Price Points - Orange County, VT
Orange County by Town All Properties | All Price Points BRADFORD
2023
2022
+/- %
TOTAL SALES IN UNITS:
22
37
-40.5%
AVERAGE SALE PRICE:
$278,900
$258,900
7.7%
AVERAGE DAYS ON MARKET:
15.0
38.0
-60.5%
SOLD PRICE VS. LIST PRICE:
100.94%
97.28%
3.8%
BRAINTREE
2023
2022
+/- %
TOTAL SALES IN UNITS:
12
15
-20.0%
AVERAGE SALE PRICE:
$270,000
$550,900
-51.0%
AVERAGE DAYS ON MARKET:
21.0
61.0
-65.6%
SOLD PRICE VS. LIST PRICE:
100.19%
99.67%
0.5%
BROOKFIELD
2023
2022
+/- %
TOTAL SALES IN UNITS:
17
25
-32.0%
AVERAGE SALE PRICE:
$282,200
$311,000
-9.3%
AVERAGE DAYS ON MARKET:
54.0
98.0
-44.9%
SOLD PRICE VS. LIST PRICE:
100.52%
100.14%
0.4%
CHELSEA
2023
2022
+/- %
TOTAL SALES IN UNITS:
15
16
-6.3%
AVERAGE SALE PRICE:
$373,100
$338,500
10.2%
AVERAGE DAYS ON MARKET:
38.0
30.0
26.7%
SOLD PRICE VS. LIST PRICE:
98.53%
97.03%
1.5%
CORINTH
2023
2022
+/- %
TOTAL SALES IN UNITS:
13
23
-43.5%
AVERAGE SALE PRICE:
$268,300
$199,800
34.3%
AVERAGE DAYS ON MARKET:
21.0
36.0
-41.7%
SOLD PRICE VS. LIST PRICE:
93.85%
97.43%
-3.7%
FAIRLEE
2023
2022
+/- %
TOTAL SALES IN UNITS:
8
8
0.0%
AVERAGE SALE PRICE:
$468,700
$782,500
-40.1%
AVERAGE DAYS ON MARKET:
7.0
93.0
-92.5%
SOLD PRICE VS. LIST PRICE:
99.06%
101.00%
-1.9%
NEWBURY
2023
2022
+/- %
TOTAL SALES IN UNITS:
32
36
-11.1%
AVERAGE SALE PRICE:
$262,900
$296,000
-11.2%
AVERAGE DAYS ON MARKET:
31.0
46.0
-32.6%
SOLD PRICE VS. LIST PRICE:
96.84%
97.28%
-0.5%
ORANGE
2023
2022
+/- %
TOTAL SALES IN UNITS:
10
9
11.1%
AVERAGE SALE PRICE:
$299,000
$239,500
24.8%
AVERAGE DAYS ON MARKET:
35.0
57.0
-38.6%
SOLD PRICE VS. LIST PRICE:
100.33%
100.11%
0.2%
RANDOLPH
2023
2022
+/- %
TOTAL SALES IN UNITS:
63
74
-14.9%
AVERAGE SALE PRICE:
$312,800
$242,300
29.1%
AVERAGE DAYS ON MARKET:
60.0
107.0
-43.9%
SOLD PRICE VS. LIST PRICE:
99.18%
99.34%
-0.2%
STRAFFORD
2023
2022
+/- %
TOTAL SALES IN UNITS:
16
11
45.5%
AVERAGE SALE PRICE:
$343,600
$397,500
-13.6%
AVERAGE DAYS ON MARKET:
20.0
67.0
-70.1%
SOLD PRICE VS. LIST PRICE:
97.51%
103.33%
-5.6%
THETFORD
2023
2022
+/- %
TOTAL SALES IN UNITS:
28
30
-6.7%
AVERAGE SALE PRICE:
$532,300
$401,800
32.5%
AVERAGE DAYS ON MARKET:
12.0
59.0
-79.7%
SOLD PRICE VS. LIST PRICE:
99.28%
95.79%
3.6%
TOPSHAM
2023
2022
+/- %
TOTAL SALES IN UNITS:
21
20
5.0%
AVERAGE SALE PRICE:
$230,200
$174,900
31.6%
AVERAGE DAYS ON MARKET:
96.0
83.0
15.7%
SOLD PRICE VS. LIST PRICE:
96.87%
98.63%
-1.8%
TUNBRIDGE
2023
2022
+/- %
TOTAL SALES IN UNITS:
16
16
0.0%
AVERAGE SALE PRICE:
$293,800
$417,600
-29.6%
AVERAGE DAYS ON MARKET:
71.0
62.0
14.5%
SOLD PRICE VS. LIST PRICE:
100.10%
100.78%
-0.7%
VERSHIRE
2023
2022
+/- %
TOTAL SALES IN UNITS:
11
8
37.5%
AVERAGE SALE PRICE:
$334,100
$246,700
35.4%
AVERAGE DAYS ON MARKET:
97.0
31.0
212.9%
SOLD PRICE VS. LIST PRICE:
94.01%
98.04%
-4.1%
WASHINGTON
2023
2022
+/- %
TOTAL SALES IN UNITS:
9
10
-10.0%
AVERAGE SALE PRICE:
$225,400
$288,100
-21.8%
AVERAGE DAYS ON MARKET:
29.0
27.0
7.4%
SOLD PRICE VS. LIST PRICE:
97.10%
103.50%
-6.2%
WELLS RIVER
2023
2022
+/- %
TOTAL SALES IN UNITS:
3
7
-57.1%
AVERAGE SALE PRICE:
$180,000
$213,200
-15.6%
AVERAGE DAYS ON MARKET:
16.0
74.0
-78.4%
SOLD PRICE VS. LIST PRICE:
101.31%
97.93%
3.5%
WEST FAIRLEE
2023
2022
+/- %
TOTAL SALES IN UNITS:
11
8
37.5%
AVERAGE SALE PRICE:
$334,100
$246,700
35.4%
AVERAGE DAYS ON MARKET:
97.0
31.0
212.9%
SOLD PRICE VS. LIST PRICE:
94.01%
98.04%
-4.1%
WILLIAMSTOWN
2023
2022
+/- %
TOTAL SALES IN UNITS:
32
40
-20.0%
AVERAGE SALE PRICE:
$268,100
$244,400
9.7%
AVERAGE DAYS ON MARKET:
31.0
57.0
-45.6%
SOLD PRICE VS. LIST PRICE:
100.72%
101.61%
-0.9%
Washington County Overview All Properties | All Price Points Washington County
2023
2022
+/-- % +/
TOTAL SALES IN UNITS:
1,454
1,832
- 20.6%
TOTAL SALES DOLLARS:
$562,723,000
$644,112,000
- 12.6%
AVERAGE SALE PRICE:
$387,017
$351,589
+ 10.1%
AVERAGE DAYS ON MARKET:
40
39
+ 2.6%
SOLD PRICE VS. LIST PRICE:
101.29%
102.03%
- 0.7%
Source: Trendgraphix Data - (1/1/2023 - 12/31/2023) vs. Previous Year To Date (1/1/2022 - 12/31/2022) All Property Types - All Price Points - Washington County, VT
Washington County by Town All Properties | All Price Points BARRE CITY
2023
2022
+/- %
TOTAL SALES IN UNITS:
98
153
-35.9%
AVERAGE SALE PRICE:
$254,400
$202,800
25.4%
AVERAGE DAYS ON MARKET:
26.0
34.0
-23.5%
SOLD PRICE VS. LIST PRICE:
102.49%
101.21%
1.3%
BARRE TOWN
2023
2022
+/- %
TOTAL SALES IN UNITS:
87
151
-42.4%
AVERAGE SALE PRICE:
$316,500
$290,800
8.8%
AVERAGE DAYS ON MARKET:
40.0
42.0
-4.8%
SOLD PRICE VS. LIST PRICE:
99.88%
100.67%
-0.8%
BERLIN
2023
2022
+/- %
TOTAL SALES IN UNITS:
30
38
-21.1%
AVERAGE SALE PRICE:
$318,400
$305,600
4.2%
AVERAGE DAYS ON MARKET:
51.0
37.0
37.8%
SOLD PRICE VS. LIST PRICE:
101.54%
100.94%
0.6%
CABOT
2023
2022
+/- %
TOTAL SALES IN UNITS:
16
19
-15.8%
AVERAGE SALE PRICE:
$265,900
$313,000
-15.0%
AVERAGE DAYS ON MARKET:
80.0
117.0
-31.6%
SOLD PRICE VS. LIST PRICE:
96.02%
99.09%
-3.1%
CALAIS
2023
2022
+/- %
TOTAL SALES IN UNITS:
22
18
22.2%
AVERAGE SALE PRICE:
$460,000
$344,000
33.7%
AVERAGE DAYS ON MARKET:
32.0
79.0
-59.5%
SOLD PRICE VS. LIST PRICE:
102.48%
102.71%
-0.2%
DUXBURY
2023
2022
+/- %
TOTAL SALES IN UNITS:
17
14
21.4%
AVERAGE SALE PRICE:
$300,500
$370,400
-18.9%
AVERAGE DAYS ON MARKET:
56.0
29.0
93.1%
SOLD PRICE VS. LIST PRICE:
96.50%
100.14%
-3.6%
EAST MONTPELIER
2023
2022
+/- %
TOTAL SALES IN UNITS:
21
28
-25.0%
AVERAGE SALE PRICE:
$358,900
$376,400
-4.6%
AVERAGE DAYS ON MARKET:
17.0
19.0
-10.5%
SOLD PRICE VS. LIST PRICE:
104.22%
103.37%
0.8%
FAYSTON
2023
2022
+/- %
TOTAL SALES IN UNITS:
37
35
5.7%
AVERAGE SALE PRICE:
$559,700
$501,500
11.6%
AVERAGE DAYS ON MARKET:
16.0
33.0
-51.5%
SOLD PRICE VS. LIST PRICE:
105.20%
104.65%
0.5%
MARSHFIELD
2023
2022
+/- %
TOTAL SALES IN UNITS:
11
18
-38.9%
AVERAGE SALE PRICE:
$348,800
$281,500
23.9%
AVERAGE DAYS ON MARKET:
29.0
53.0
-45.3%
SOLD PRICE VS. LIST PRICE:
100.85%
103.42%
-2.5%
MIDDLESEX
2023
2022
+/- %
TOTAL SALES IN UNITS:
17
17
0.0%
AVERAGE SALE PRICE:
$297,000
$381,500
-22.1%
AVERAGE DAYS ON MARKET:
27.0
30.0
-10.0%
SOLD PRICE VS. LIST PRICE:
103.87%
108.45%
-4.2%
MONTPELIER
2023
2022
+/- %
TOTAL SALES IN UNITS:
102
98
4.1%
AVERAGE SALE PRICE:
$425,800
$402,600
5.8%
AVERAGE DAYS ON MARKET:
41.0
22.0
86.4%
SOLD PRICE VS. LIST PRICE:
100.52%
101.58%
-1.0%
MORETOWN
2023
2022
+/- %
TOTAL SALES IN UNITS:
18
20
-10.0%
AVERAGE SALE PRICE:
$301,100
$331,200
-9.1%
AVERAGE DAYS ON MARKET:
41.0
102.0
-59.8%
SOLD PRICE VS. LIST PRICE:
98.79%
101.83%
-3.0%
NORTHFIELD
2023
2022
+/- %
TOTAL SALES IN UNITS:
35
54
-35.2%
AVERAGE SALE PRICE:
$384,100
$277,700
38.3%
AVERAGE DAYS ON MARKET:
34.0
40.0
-15.0%
SOLD PRICE VS. LIST PRICE:
97.60%
100.88%
-3.3%
PLAINFIELD
2023
2022
+/- %
TOTAL SALES IN UNITS:
13
10
30.0%
AVERAGE SALE PRICE:
$256,600
$296,500
-13.5%
AVERAGE DAYS ON MARKET:
95.0
55.0
72.7%
SOLD PRICE VS. LIST PRICE:
99.03%
101.04%
-2.0%
ROXBURY
2023
2022
+/- %
TOTAL SALES IN UNITS:
11
12
-8.3%
AVERAGE SALE PRICE:
$190,200
$249,800
-23.9%
AVERAGE DAYS ON MARKET:
72.0
39.0
84.6%
SOLD PRICE VS. LIST PRICE:
96.63%
102.37%
-5.6%
WAITSFIELD
2023
2022
+/- %
TOTAL SALES IN UNITS:
21
37
-43.2%
AVERAGE SALE PRICE:
$362,200
$546,000
-33.7%
AVERAGE DAYS ON MARKET:
38.0
32.0
18.8%
SOLD PRICE VS. LIST PRICE:
104.67%
111.19%
-5.9%
WARREN
2023
2022
+/- %
TOTAL SALES IN UNITS:
72
100
-28.0%
AVERAGE SALE PRICE:
$531,700
$472,300
12.6%
AVERAGE DAYS ON MARKET:
38.0
41.0
-7.3%
SOLD PRICE VS. LIST PRICE:
105.00%
100.36%
4.6%
WATERBURY
2023
2022
+/- %
TOTAL SALES IN UNITS:
71
65
9.2%
AVERAGE SALE PRICE:
$544,600
$503,900
8.1%
AVERAGE DAYS ON MARKET:
48.0
33.0
45.5%
SOLD PRICE VS. LIST PRICE:
98.98%
102.23%
-3.2%
WOODBURY
2023
2022
+/- %
TOTAL SALES IN UNITS:
16
17
-5.9%
AVERAGE SALE PRICE:
$357,900
$212,800
68.2%
AVERAGE DAYS ON MARKET:
63.0
19.0
231.6%
SOLD PRICE VS. LIST PRICE:
97.21%
101.82%
-4.5%
WORCESTER
2023
2022
+/- %
TOTAL SALES IN UNITS:
12
12
0.0%
AVERAGE SALE PRICE:
$393,800
$640,500
-38.5%
AVERAGE DAYS ON MARKET:
51.0
70.0
-27.1%
SOLD PRICE VS. LIST PRICE:
102.42%
97.39%
5.2%
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Vermont New York ChamplainHudson Valley Valley Kingston: 845.331.3100 South Burlington: 802.864.0541 Rhinebeck: 845.876.5100 Central Tivoli: Vermont 845.757.5000 Catskill: 518.943.7533 Rutland: 802.774.7007 518.822.0800 Killington:Hudson: 802.746.4203 Stowe: 802.253.7267 Upstate New York Northeast Kingdom Saratoga Springs: 518.580.8500 St. Johnsbury: Bolton802.751.7582 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: Thousand 802.362.4551 Islands Region: 315.685.8100 Okemo: 802.228.4537 Finger Lakes Region: 315.685.8100
New Hampshire 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
Upper Valley Western New York Fairlee: 802.333.4701 Buffalo: 716.320.1414 Rochester: 585.394.7111
Vermont New York Hudson Valley Champlain Valley Kingston:802.864.0541 845.331.3100 South Burlington: Rhinebeck: 845.876.5100 Central Tivoli:Vermont 845.757.5000 Catskill: 518.943.7533 Rutland: 802.774.7007 Hudson: 518.822.0800 Killington: 802.746.4203 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: Syracuse: 802.297.1100 315.685.8100 Thousand Manchester: Islands 802.362.4551 Region: 315.685.8100 Okemo: 802.228.4537 Finger Lakes Region: 315.685.8100
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Upper Western ValleyNew York Fairlee:Buffalo: 802.333.4701 716.320.1414 Rochester: 585.394.7111
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