Annual Market Report Southern Vermont Q1 2023
Market Overview At A Glance
SOUTHERN VERMONT
The Southern Vermont housing market, defined by Bennington and Windham counties, was relatively quiet in Q1 2023 as the market started to return to a more traditional seasonality.
Limited inventory remained a major driving factor, and the total number of units sold was down by 38.8% across Southern Vermont combined. However, the average sales price remained relatively flat decreasing by 1.4%, while the average days on market increased slightly by 5.0%.
There is a full breakdown by county and town in this report for more details at a local market level.
Moving into Spring/Summer 2023, we have already begun to see a slight uptick in listings coming on the market. The market will continue to normalize, but we anticipate that buyer demand will continue to be active, 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, especially at the higher end of the market.
Now more than ever, you need an experienced real estate professional to guide you through this ever-changing market.
Southern VT Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2023 - 3/31/2023) vs. Previous Year To Date (1/1/2022 - 3/31/2022)All Property Types - All Price Points -Bennington & Windham Counties, VT Southern VT 2023 2022 +/ - % TOTAL SALES IN UNITS: 534 872 - 38.8% TOTAL SALES DOLLARS: $201,306,000 $333,437,000 - 39.6% AVERAGE SALE PRICE: $376,978 $382,382 - 1.4% AVERAGE DAYS ON MARKET: 84 89 + 5.0% SOLD PRICE VS. LIST PRICE: 97.00% 98.87% - 1.9%
Key Market Highlights BENNINGTON COUNTY
OVERVIEW BY
WINDHAM
OVERVIEW
TOWN
COUNTY
BY TOWN
Bennington County Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2023 - 3/31/2023) vs. Previous Year To Date (1/1/2022 - 3/31/2022)All Property Types - All Price Points -Bennington County, VT Bennington County 2023 2022 +/ - % TOTAL SALES IN UNITS: 234 312 - 25.0% TOTAL SALES DOLLARS: $79.825,000 $125,431,000 - 36.4% AVERAGE SALE PRICE: $341,133 $402,024 - 15.1% AVERAGE DAYS ON MARKET: 77 100 - 23.0% SOLD PRICE VS. LIST PRICE: 97.58% 98.65% - 1.1%
Bennington County by Town
All Properties | All Price Points
ARLINGTON 2023 2022 +/- % TOTAL SALES IN UNITS: 6 6 0.0% AVERAGE SALE PRICE: $283,500 $630,000 -55.0% AVERAGE DAYS ON MARKET: 166.0 44.0 277.3% SOLD PRICE VS. LIST PRICE: 94.82% 98.73% -4.0% BENNINGTON 2023 2022 +/- % TOTAL SALES IN UNITS: 35 37 - 5.4% AVERAGE SALE PRICE: $200,700 $188,800 + 6.3% AVERAGE DAYS ON MARKET: 41.0 64.0 - 35.9% SOLD PRICE VS. LIST PRICE: 98.48% 98.67% - 0.2% DORSET 2023 2022 +/- % TOTAL SALES IN UNITS: 9 12 - 25.0% AVERAGE SALE PRICE: $487,500 $754,600 - 35.4% AVERAGE DAYS ON MARKET: 68.0 62.0 + 9.7% SOLD PRICE VS. LIST PRICE: 88.49% 97.19% - 9.0% GLASTENBURY 2023 2022 +/- % TOTAL SALES IN UNITS: 0 0 N/A AVERAGE SALE PRICE: $0 $0 N/A AVERAGE DAYS ON MARKET: 0.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 0.00% 0.00% N/A LANDGROVE 2023 2022 +/- % TOTAL SALES IN UNITS: 1 1 0.0% AVERAGE SALE PRICE: $349,000 $452,500 - 22.9% AVERAGE DAYS ON MARKET: 672.0 74.0 + 808.1% SOLD PRICE VS. LIST PRICE: 100.00% 90.68% + 10.3%
PERU 2023 2022 +/- % TOTAL SALES IN UNITS: 4 5 - 20.0% AVERAGE SALE PRICE: $326,200 $463,000 - 29.5% AVERAGE DAYS ON MARKET: 131.0 194.0 - 32.5% SOLD PRICE VS. LIST PRICE: 95.67% 106.78% - 10.4% MANCHESTER 2023 2022 +/- % TOTAL SALES IN UNITS: 14 24 -41.7% AVERAGE SALE PRICE: $642,300 $614,300 4.6% AVERAGE DAYS ON MARKET: 43.0 134.0 -67.9% SOLD PRICE VS. LIST PRICE: 99.24% 96.74% 2.6% POWNAL 2023 2022 +/- % TOTAL SALES IN UNITS: 5 7 - 28.6% AVERAGE SALE PRICE: $252,400 $173,900 + 45.1% AVERAGE DAYS ON MARKET: 68.0 79.0 - 13.9% SOLD PRICE VS. LIST PRICE: 96.48% 93.91% + 2.7% READSBORO 2023 2022 +/- % TOTAL SALES IN UNITS: 5 4 + 25.0% AVERAGE SALE PRICE: $57,600 $138,600 - 58.4% AVERAGE DAYS ON MARKET: 145.0 26.0 + 457.7% SOLD PRICE VS. LIST PRICE: 98.56% 94.62% + 4.2% RUPERT 2023 2022 +/- % TOTAL SALES IN UNITS: 3 3 0.0% AVERAGE SALE PRICE: $270,000 $50,200 + 437.8% AVERAGE DAYS ON MARKET: 94.0 150.0 - 37.3% SOLD PRICE VS. LIST PRICE: 96.65% 89.05% + 8.5% SANDGATE 2023 2022 +/- % TOTAL SALES IN UNITS: 0 2 - 100.0% AVERAGE SALE PRICE: $0 $137,000 - 100.0% AVERAGE DAYS ON MARKET: 0.0 92.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 98.24% - 100.0%
SHAFTSBURY 2023 2022 +/- % TOTAL SALES IN UNITS: 8 12 - 33.3% AVERAGE SALE PRICE: $262,700 $264,000 - 0.5% AVERAGE DAYS ON MARKET: 121.0 154.0 - 21.4% SOLD PRICE VS. LIST PRICE: 99.17% 97.89% + 1.3% SEARSBURG 2023 2022 +/- % TOTAL SALES IN UNITS: 3 0 N/A AVERAGE SALE PRICE: $95,000 $0 N/A AVERAGE DAYS ON MARKET: 110.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 86.10% 0.0% N/A STAMFORD 2023 2022 +/- % TOTAL SALES IN UNITS: 5 6 - 16.7% AVERAGE SALE PRICE: $157,700 $388,900 - 59.4% AVERAGE DAYS ON MARKET: 128.0 206.0 - 37.9% SOLD PRICE VS. LIST PRICE: 111.20% 93.48% + 19.0% SUNDERLAND 2023 2022 +/- % TOTAL SALES IN UNITS: 0 7 - 100.0% AVERAGE SALE PRICE: $0 $236,300 - 100.0% AVERAGE DAYS ON MARKET: 0.0 65.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 91.58% - 100.0% WINHALL 2023 2022 +/- % TOTAL SALES IN UNITS: 17 26 - 34.6% AVERAGE SALE PRICE: $609,200 $602,800 + 1.1% AVERAGE DAYS ON MARKET: 47.0 102.0 - 53.9% SOLD PRICE VS. LIST PRICE: 99.82% 103.21% - 3.3% WOODFORD 2023 2022 +/- % TOTAL SALES IN UNITS: 2 4 - 50.0% AVERAGE SALE PRICE: $130.500 $89.600 + 45.6% AVERAGE DAYS ON MARKET: 15.0 102.0 - 85.3% SOLD PRICE VS. LIST PRICE: 98.86% 93.60% + 5.6%
Windham County Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2023 - 3/31/2023) vs. Previous Year To Date (1/1/2022 - 3/31/2022)All Property Types - All Price Points -Windham County, VT Windham County 2023 2022 +/ - % TOTAL SALES IN UNITS: 300 560 - 46.4% TOTAL SALES DOLLARS: $121,481,000 $208,006,000 - 41.6% AVERAGE SALE PRICE: $404,937 $371,439 + 9.0% AVERAGE DAYS ON MARKET: 90 70 + 28.6% SOLD PRICE VS. LIST PRICE: 96.63% 99.01% - 2.4%
Windham County by Town
All Properties | All Price Points
ATHENS 2023 2022 +/- % TOTAL SALES IN UNITS: 7 11 - 36.4% AVERAGE SALE PRICE: $0 $197,500 - 100.0% AVERAGE DAYS ON MARKET: 0.0 89.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 99.25% - 100.0% BRATTLEBORO 2023 2022 +/- % TOTAL SALES IN UNITS: 21 26 - 19.2% AVERAGE SALE PRICE: $238,600 $252,300 - 5.4% AVERAGE DAYS ON MARKET: 58.0 20.0 + 190.0% SOLD PRICE VS. LIST PRICE: 95.88% 99.98% - 4.1% DOVER 2023 2022 +/- % TOTAL SALES IN UNITS: 41 64 - 35.9% AVERAGE SALE PRICE: $415,800 $436,900 - 4.8% AVERAGE DAYS ON MARKET: 137.0 81.0 + 69.1% SOLD PRICE VS. LIST PRICE: 92.57% 97.32% - 4.9% DUMMERSTON 2023 2022 +/- % TOTAL SALES IN UNITS: 2 6 - 66.7% AVERAGE SALE PRICE: $330,500 $267,500 + 23.6% AVERAGE DAYS ON MARKET: 32.0 64.0 - 50.0% SOLD PRICE VS. LIST PRICE: 98.07% 97.50% + 0.6% GRAFTON 2023 2022 +/- % TOTAL SALES IN UNITS: 2 4 - 50.0% AVERAGE SALE PRICE: $373,200 $275,000 + 35.7% AVERAGE DAYS ON MARKET: 77.0 58.0 + 32.8% SOLD PRICE VS. LIST PRICE: 97.06% 95.40% + 1.7%
HALIFAX 2023 2022 +/- % TOTAL SALES IN UNITS: 5 9 - 44.4% AVERAGE SALE PRICE: $411,600 $266,200 + 54.6% AVERAGE DAYS ON MARKET: 112.0 45.0 + 148.9% SOLD PRICE VS. LIST PRICE: 99.04% 101.01% - 2.0% GUILFORD 2023 2022 +/- % TOTAL SALES IN UNITS: 0 8 - 100.0% AVERAGE SALE PRICE: $0 $278,600 - 100.0% AVERAGE DAYS ON MARKET: 0.0 88.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 97.83% - 100.0% JAMAICA 2023 2022 +/- % TOTAL SALES IN UNITS: 6 8 - 25.0% AVERAGE SALE PRICE: $356,200 $586,400 - 39.3% AVERAGE DAYS ON MARKET: 41.0 115.0 - 64.3% SOLD PRICE VS. LIST PRICE: 100.71% 96.90% + 3.9% LONDONDERRY 2023 2022 +/- % TOTAL SALES IN UNITS: 9 16 - 43.8% AVERAGE SALE PRICE: $741,200 $231,400 + 220.3% AVERAGE DAYS ON MARKET: 89.0 119.0 - 25.2% SOLD PRICE VS. LIST PRICE: 99.46% 101.31% - 1.8% MARLBORO 2023 2022 +/- % TOTAL SALES IN UNITS: 0 1 - 100.0% AVERAGE SALE PRICE: $0 $176,400 - 100.0% AVERAGE DAYS ON MARKET: 0.0 5.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 110.94% - 100.0% NEWFANE 2023 2022 +/- % TOTAL SALES IN UNITS: 6 9 - 33.3% AVERAGE SALE PRICE: $128,300 $369,900 - 65.3% AVERAGE DAYS ON MARKET: 99.0 204.0 - 51.5% SOLD PRICE VS. LIST PRICE: 92.88% 90.07% + 3.1%
ROCKINGHAM 2023 2022 +/- % TOTAL SALES IN UNITS: 13 11 + 18.2% AVERAGE SALE PRICE: $172,100 $235,900 - 27.0% AVERAGE DAYS ON MARKET: 98.0 68.0 + 44.1% SOLD PRICE VS. LIST PRICE: 103.12% 98.96% + 4.2% PUTNEY 2023 2022 +/- % TOTAL SALES IN UNITS: 3 6 - 50.0% AVERAGE SALE PRICE: $392,200 $502,200 - 21.9% AVERAGE DAYS ON MARKET: 71.0 82.0 - 13.4% SOLD PRICE VS. LIST PRICE: 104.21% 104.51% - 0.3% STRATTON 2023 2022 +/- % TOTAL SALES IN UNITS: 5 23 - 78.3% AVERAGE SALE PRICE: $1,309,000 $616,900 + 112.2% AVERAGE DAYS ON MARKET: 5.0 16.0 - 68.8% SOLD PRICE VS. LIST PRICE: 99.47% 101.30% - 1.8% TOWNSEND 2023 2022 +/- % TOTAL SALES IN UNITS: 0 0 N/A AVERAGE SALE PRICE: $0 $0 N/A AVERAGE DAYS ON MARKET: 0.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 0.00% 0.00% N/A VERNON 2023 2022 +/- % TOTAL SALES IN UNITS: 3 4 - 25.0% AVERAGE SALE PRICE: $241,300 $320,400 - 24.7% AVERAGE DAYS ON MARKET: 83.0 49.0 + 69.4% SOLD PRICE VS. LIST PRICE: 93.66% 106.78% - 12.3% WARDSBORO 2023 2022 +/- % TOTAL SALES IN UNITS: 5 14 - 64.3% AVERAGE SALE PRICE: $249,500 $210,000 + 18.8% AVERAGE DAYS ON MARKET: 83.0 60.0 + 38.3% SOLD PRICE VS. LIST PRICE: 91.25% 97.83% - 6.7%
WHITINGHAM 2023 2022 +/- % TOTAL SALES IN UNITS: 3 10 - 70.0% AVERAGE SALE PRICE: $174,000 $268,000 - 35.1% AVERAGE DAYS ON MARKET: 190.0 89.0 + 113.5% SOLD PRICE VS. LIST PRICE: 95.96% 101.30% - 5.3% WESTMINISTER 2023 2022 +/- % TOTAL SALES IN UNITS: 2 12 - 83.3% AVERAGE SALE PRICE: $121,000 $232,700 - 48.0% AVERAGE DAYS ON MARKET: 27.0 48.0 - 43.8% SOLD PRICE VS. LIST PRICE: 96.03% 100.75% - 4.7% WILMINGTON 2023 2022 +/- % TOTAL SALES IN UNITS: 20 36 - 44.4% AVERAGE SALE PRICE: $588,200 $481,600 + 22.1% AVERAGE DAYS ON MARKET: 64.0 44.0 + 45.5% SOLD PRICE VS. LIST PRICE: 98.11% 99.54% - 1.4% WINDHAM 2023 2022 +/- % TOTAL SALES IN UNITS: 2 5 - 60.0% AVERAGE SALE PRICE: $414,000 $299,600 + 38.2% AVERAGE DAYS ON MARKET: 46.0 8.0 + 475.0% SOLD PRICE VS. LIST PRICE: 95.94% 109.99% - 12.8%
Source: Trendgraphix Data - (1/1/2023 - 3/31/2023) vs. Previous Year To Date (1/1/2022 - 3/31/2022)All Property Types - All Price Points -Windham County, VT
Vermont
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
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
Hudson Valley
Kingston: 845.331.3100
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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