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Market Overview At A Glance
Northeast Kingdom Of Vermont
The Northeast Kingdom housing market, defined by Caledonia, Essex and Orleans counties, showed signs of stabilizing during the First Half of 2023 after more than two red hot years.
Limited inventory remained the major driving factor, and the total number of units sold was down by -19.5% across the Northeast Kingdom combined. However, the average sales price increased by +7.3%, while the average days on market decreased by -19.5%.
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 2023, 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.