Champlain Valley Market Report | First Half 2024

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FIRST HALF 2024

Market Overview At A Glance

CHAMPLAIN VALLEY

The Champlain Valley region housing market, defined by Addison, Chittenden, Franklin and Grand Isle counties, continued to stabilize during the First half of 2024.

The total number of units sold was up slightly by +2.1% across the Champlain Valley region. The average sales price continued to increase by +6.8%, and the average days on markets increased by +10.9%.

There is a full breakdown by county and town in this report for more details at a local market level.

Moving into the remainder of 2024, we’ve seen a slow down in the market, particularly in the Luxury Market with numerous price reductions. 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.

Champlain Valley Overview

All Properties | All Price Points

Source: Trendgraphix Data - (1/1/2024 - 6/30/2024) vs. Previous Year To Date (1/1/2023 - 6/30/2023)All Property Types - All Price Points - Chittenden, Franklin & Grand Isle Counties - VT

Key Market Highlights

ADDISON COUNTY

OVERVIEW BY TOWN

CHITTENDEN COUNTY

OVERVIEW BY TOWN

FRANKLIN COUNTY

OVERVIEW BY TOWN

GRAND ISLE COUNTY

OVERVIEW BY TOWN

Addison County Overview

All Properties | All Price Points

Source: Trendgraphix Data - (1/1/2024 - 6/30/2024) vs. Previous Year To Date (1/1/2023 - 6/30/2023)All Property Types - All Price Points - Addison County - VT Addison County

Addison County by Town

All Properties | All Price Points

Chittenden County Overview

All Properties | All Price Points

Chittenden County

Source: Trendgraphix Data - (1/1/2024 - 6/30/2024) vs. Previous Year To Date (1/1/2023 - 6/30/2023)All Property Types - All Price Points - Chittenden County - VT

Chittenden County by Town

All Properties | All Price Points

Franklin County Overview

All Properties | All Price Points

Source: Trendgraphix Data - (1/1/2024 - 6/30/2024) vs. Previous Year To Date (1/1/2023 - 6/30/2023)All Property Types - All Price Points - Franklin County - VT

Franklin County by Town

All Properties | All Price Points

Grand Isle County Overview

All Properties | All Price Points

Source: Trendgraphix Data - (1/1/2024 - 6/30/2024) vs. Previous Year To Date (1/1/2023 - 6/30/2023)All Property Types - All Price Points - Grand Isle County - VT Grand Isle County

Grand Isle County by Town

All Properties | All Price Points

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 Fairlee: 802.333.4701

Western New York

Buffalo: 716.320.1414

Rochester: 585.394.7111

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

New York

Champlain Valley South Burlington:

Hudson Valley

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 St. Johnsbury: 802.751.7582

Saratoga Springs: 518.580.8500

Bolton Landing: 518.644.9500

Lake Placid: 518.523.2550

Upper Valley Fairlee: 802.333.4701

Western New York

Buffalo: 716.320.1414 Rochester: 585.394.7111

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