Q1 Market Report 2023 Northeast Kingdom of Vermont 748 Hurlbut Hill Lane | Waterford, VT Under Contract
72 Keene Road | Walden, VT | Closed
Market Overview At A Glance
NORTHEAST KINGDOM OF VERMONT
The Northeast Kingdom housing market, defined by Caledonia, Essex and Orleans 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 60% across the Northeast Kingdom of Vermont combined. Additionally, the average sales price decreased by 64.3% and the average days on market increased by 34.5%.
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 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.
552 Alpine Lane | Burke, VT | Under Contract
Northeast Kingdom Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/23 - 3/31/23) vs. Previous Year To Date (1/1/22 - 3/31/22) All Property Types - All Price Points - Caledonia, Essex & Orleans Counties - VT Northeast Kingdom VT 2023 2022 +/ - % TOTAL SALES IN UNITS: 4.0 10.0 - 60.0% TOTAL SALES DOLLARS: $947,000 $5,518,000 - 82.8% AVERAGE SALE PRICE: $263,500 $739,000 - 64.3% AVERAGE DAYS ON MARKET: 108.0 80.3 + 34.5% SOLD PRICE VS. LIST PRICE: 97.98% 98.89% - 0.9%
461 Harvey Mountain Road | Barnet, VT | Under Contract
280 Quarter Horse Road | Newark, VT | Closed
Key Market Highlights
COUNTY OVERVIEW BY TOWN ESSEX COUNTY BY TOWN ORLEANS COUNTY OVERVIEW BY TOWN
CALEDONIA
200 Orchard Road | Burke, VT | Closed
Caledonia County Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/23 - 3/31/23) vs. Previous Year To Date (1/1/22 - 3/31/22) All Property Types - All Price Points - Caledonia County Caledonia County 2023 2022 +/ - % TOTAL SALES IN UNITS: 2.0 5.0 - 60.0% TOTAL SALES DOLLARS: $527,000 $2,385,000 - 77.9% AVERAGE SALE PRICE: $263,500 $577,500 - 54.4% AVERAGE DAYS ON MARKET: 108.0 114.5 - 5.7% SOLD PRICE VS. LIST PRICE: 96.70% 102.27% - 5.4%
748 Hurlbut Hill Lane | Waterford, VT | Under Contract
Caledonia County by Town
All Properties | All Price Points
BARNET 2023 2022 +/- % TOTAL SALES IN UNITS: 4 7 - 42.9% AVERAGE SALE PRICE: $132,500 $163,300 - 18.9% AVERAGE DAYS ON MARKET: 172.0 47.0 + 266.0% SOLD PRICE VS. LIST PRICE: 100.19% 95.09% + 5.4% BURKE 2023 2022 +/- % TOTAL SALES IN UNITS: 6 9 - 33.3% AVERAGE SALE PRICE: $284,600 $161,900 + 75.8% AVERAGE DAYS ON MARKET: 144.0 178.0 - 19.1% SOLD PRICE VS. LIST PRICE: 92.45% 95.39% - 3.1% DANVILLE 2023 2022 +/- % TOTAL SALES IN UNITS: 5 8 - 37.5% AVERAGE SALE PRICE: $242,700 $238,100 + 1.9% AVERAGE DAYS ON MARKET: 43.0 54.0 - 20.4% SOLD PRICE VS. LIST PRICE: 89.10% 100.68% - 11.5% GROTON 2023 2022 +/- % TOTAL SALES IN UNITS: 3 3 0.0% AVERAGE SALE PRICE: $256,300 $253,300 + 1.2% AVERAGE DAYS ON MARKET: 133.0 79.0 + 68.4% SOLD PRICE VS. LIST PRICE: 94.59% 107.80% - 12.3% HARDWICK 2023 2022 +/- % TOTAL SALES IN UNITS: 5 4 + 25.0% AVERAGE SALE PRICE: $239,200 $211,300 + 13.2% AVERAGE DAYS ON MARKET: 42.0 22.0 + 90.9% SOLD PRICE VS. LIST PRICE: 96.53% 98.03% - 1.5%
LYNDON 2023 2022 +/- % TOTAL SALES IN UNITS: 9 14 - 35.7% AVERAGE SALE PRICE: $270,600 $182,700 + 48.1% AVERAGE DAYS ON MARKET: 86.0 173.0 - 50.3% SOLD PRICE VS. LIST PRICE: 89.29% 94.88% - 5.9% KIRBY 2023 2022 +/- % TOTAL SALES IN UNITS: 1 3 - 66.7% AVERAGE SALE PRICE: $79,000 $316,700 - 75.1% AVERAGE DAYS ON MARKET: 110.0 318.0 - 65.4% SOLD PRICE VS. LIST PRICE: 88.76% 96.15% - 7.7% NEWARK 2023 2022 +/- % TOTAL SALES IN UNITS: 2 5 - 60.0% AVERAGE SALE PRICE: $88,000 $255,000 - 65.5% AVERAGE DAYS ON MARKET: 6.0 154.0 - 96.1% SOLD PRICE VS. LIST PRICE: 95.14% 98.14% - 3.1% PEACHAM 2023 2022 +/- % TOTAL SALES IN UNITS: 2 4 - 50.0% AVERAGE SALE PRICE: $260,000 $101,300 + 156.7% AVERAGE DAYS ON MARKET: 25.0 70.0 - 64.3% SOLD PRICE VS. LIST PRICE: 97.20% 97.83% - 0.6% RYGATE 2023 2022 +/- % TOTAL SALES IN UNITS: 1 0 N/A AVERAGE SALE PRICE: $32,000 0.0 N/A AVERAGE DAYS ON MARKET: 166.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 91.43% 0.00% N/A SHEFFIELD 2023 2022 +/- % TOTAL SALES IN UNITS: 5 2 + 150.0% AVERAGE SALE PRICE: $158,200 $132,000 + 19.8% AVERAGE DAYS ON MARKET: 173.0 59.0 + 193.2% SOLD PRICE VS. LIST PRICE: 90.30% 91.35% - 1.1%
SUTTON 2023 2022 +/- % TOTAL SALES IN UNITS: 2 3 - 33.3% AVERAGE SALE PRICE: $120,000 $573,300 - 79.1% AVERAGE DAYS ON MARKET: 15.0 58.0 - 74.1% SOLD PRICE VS. LIST PRICE: 93.39% 102.38% - 8.8% STANNARD 2023 2022 +/- % TOTAL SALES IN UNITS: 0 2 - 100.0% AVERAGE SALE PRICE: 0.0 $186,000 - 100.0% AVERAGE DAYS ON MARKET: 0.0 139.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 101.36% - 100.0% WALDEN 2023 2022 +/- % TOTAL SALES IN UNITS: 3 2 + 50.0% AVERAGE SALE PRICE: $366,700 $249,500 + 47.0% AVERAGE DAYS ON MARKET: 39.0 8.0 + 387.5% SOLD PRICE VS. LIST PRICE: 96.24% 102.25% - 5.9% WATERFORD 2023 2022 +/- % TOTAL SALES IN UNITS: 4 5 - 20.0% AVERAGE SALE PRICE: $293,200 $129,400 + 126.6% AVERAGE DAYS ON MARKET: 69.0 177.0 - 61.0% SOLD PRICE VS. LIST PRICE: 93.51% 98.76% - 5.3% WHEELOCK 2023 2022 +/- % TOTAL SALES IN UNITS: 3 6 - 50.0% AVERAGE SALE PRICE: $81,700 $194,500 - 58.0% AVERAGE DAYS ON MARKET: 79.0 148.0 - 46.6% SOLD PRICE VS. LIST PRICE: 94.59% 98.15% - 3.6% ST. JOHNSBURY 2023 2022 +/- % TOTAL SALES IN UNITS: 13 11 + 18.2% AVERAGE SALE PRICE: $161,900 $127,600 + 26.9% AVERAGE DAYS ON MARKET: 60.0 152.0 - 60.5% SOLD PRICE VS. LIST PRICE: 96.62% 97.23% - 0.6%
280 Quarter Horse Road | Newark, VT | Closed
Essex County by Town
All Properties | All Price Points
AVERILL 2023 2022 +/- % TOTAL SALES IN UNITS: 1 0 N/A AVERAGE SALE PRICE: $62,500 0.0 N/A AVERAGE DAYS ON MARKET: 5.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 100.81% 0.00% N/A AVERYS GORE 2023 2022 +/- % TOTAL SALES IN UNITS: 0 0 N/A AVERAGE SALE PRICE: 0.0 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 BLOOMFIELD 2023 2022 +/- % TOTAL SALES IN UNITS: 1 0 N/A AVERAGE SALE PRICE: $108,000 0.0 N/A AVERAGE DAYS ON MARKET: 126.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 74.48% 0.00% N/A BRIGHTON 2023 2022 +/- % TOTAL SALES IN UNITS: 3 6 - 50.0% AVERAGE SALE PRICE: $234,300 $200,600 + 16.8% AVERAGE DAYS ON MARKET: 60.0 49.0 + 22.4% SOLD PRICE VS. LIST PRICE: 99.28% 94.47% 5.1% BRUNSWICK 2023 2022 +/- % TOTAL SALES IN UNITS: 0 1 - 100.0% AVERAGE SALE PRICE: 0.0 $233,000 - 100.0% AVERAGE DAYS ON MARKET: 0.0 60.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 93.57% - 100.0%
CONCORD 2023 2022 +/- % TOTAL SALES IN UNITS: 2 8 - 75.0% AVERAGE SALE PRICE: $58,500 $115,200 - 49.2% AVERAGE DAYS ON MARKET: 103.0 86.0 + 19.8% SOLD PRICE VS. LIST PRICE: 83.57% 94.55% - 11.6% CANAAN 2023 2022 +/- % TOTAL SALES IN UNITS: 3 6 - 50.0% AVERAGE SALE PRICE: $90,800 $199,000 - 54.4% AVERAGE DAYS ON MARKET: 317.0 91.0 + 248.4% SOLD PRICE VS. LIST PRICE: 84.10% 93.72% - 10.3% EAST HAVEN 2023 2022 +/- % TOTAL SALES IN UNITS: 0 0 N/A AVERAGE SALE PRICE: 0.0 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 FERDINAND 2023 2022 +/- % TOTAL SALES IN UNITS: 0 0 N/A AVERAGE SALE PRICE: 0 0 N/A AVERAGE DAYS ON MARKET: 0 0 N/A SOLD PRICE VS. LIST PRICE: 0.00% 0.00% N/A GRANBY 2023 2022 +/- % TOTAL SALES IN UNITS: 2 0 N/A AVERAGE SALE PRICE: $314,500 0.0 N/A AVERAGE DAYS ON MARKET: 93.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 97.07% 0.00% N/A LEMINGTON 2023 2022 +/- % TOTAL SALES IN UNITS: 1 1 0.0% AVERAGE SALE PRICE: $70,000 $150,000 - 53.3% AVERAGE DAYS ON MARKET: 10.0 85.0 - 88.2% SOLD PRICE VS. LIST PRICE: 101.45% 100.67% + 0.8%
MAIDSTONE 2023 2022 +/- % TOTAL SALES IN UNITS: 3 0 N/A AVERAGE SALE PRICE: $328,800 0.0 N/A AVERAGE DAYS ON MARKET: 70.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 95.78% 0.00% N/A LUNENBURG 2023 2022 +/- % TOTAL SALES IN UNITS: 1 3 - 66.7% AVERAGE SALE PRICE: $76,000 $89,100 - 14.7% AVERAGE DAYS ON MARKET: 15.0 109.0 - 86.2% SOLD PRICE VS. LIST PRICE: 116.92% 96.19% + 21.6% NORTON 2023 2022 +/- % TOTAL SALES IN UNITS: 0 1 - 100.0% AVERAGE SALE PRICE: 0.0 $124,900 - 100.0% AVERAGE DAYS ON MARKET: 0.0 $209,000 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 96.82% - 100.0% VICTORY 2023 2022 +/- % TOTAL SALES IN UNITS: 0 0 N/A AVERAGE SALE PRICE: 0.0 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 WARNERS GRANT 2023 2022 +/- % TOTAL SALES IN UNITS: 0 0 N/A AVERAGE SALE PRICE: 0.0 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 LEWIS 2023 2022 +/- % TOTAL SALES IN UNITS: 0 0 N/A AVERAGE SALE PRICE: 0.0 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
WARREN GORE 2023 2022 +/- % TOTAL SALES IN UNITS: 0 1 - 100.0% AVERAGE SALE PRICE: 0.0 $120,000 - 100.0% AVERAGE DAYS ON MARKET: 0.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 0.00% 92.31% - 100.0% 72 Keene Road | Walden, VT | Closed
782 Woods Hill Road | Danville, VT | Closed
Orleans County Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/23 - 3/31/23) vs. Previous Year To Date (1/1/22 - 3/31/22) All Property Types - All Price Points - Orleans County Orleans County 2023 2022 +/ - % TOTAL SALES IN UNITS: 2.0 5.0 - 60.0% TOTAL SALES DOLLARS: $420,000 $3,133,000 - 86.6% AVERAGE SALE PRICE: $0 $1,062,000 - 100.0% AVERAGE DAYS ON MARKET: 0.0 10.3 - 100.0% SOLD PRICE VS. LIST PRICE: 99.64% 96.46% 3.3%
107 Marriner Drive | Jay, VT | Under Contract
Orleans County by Town
All Properties | All Price Points
ALBANY 2023 2022 +/- % TOTAL SALES IN UNITS: 1 0 N/A AVERAGE SALE PRICE: $146,000 0.0 N/A AVERAGE DAYS ON MARKET: 267.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 81.56% 0.00% N/A BARTON 2023 2022 +/- % TOTAL SALES IN UNITS: 4 7 - 42.9% AVERAGE SALE PRICE: $132,500 $163,300 - 18.9% AVERAGE DAYS ON MARKET: 172.0 47.0 + 266.0% SOLD PRICE VS. LIST PRICE: 100.19% 95.09% + 5.4% BROWNINGTON 2023 2022 +/- % TOTAL SALES IN UNITS: 3 2 + 50.0% AVERAGE SALE PRICE: $146,700 $64,300 + 128.1% AVERAGE DAYS ON MARKET: 41.0 77.0 - 46.8% SOLD PRICE VS. LIST PRICE: 98.00% 95.19% + 3.0% CHARLESTON 2023 2022 +/- % TOTAL SALES IN UNITS: 3 4 - 25.0% AVERAGE SALE PRICE: $99,700 $348,400 - 71.4% AVERAGE DAYS ON MARKET: 21.0 90.0 - 76.7% SOLD PRICE VS. LIST PRICE: 87.17% 99.32% - 12.2% COVENTRY 2023 2022 +/- % TOTAL SALES IN UNITS: 2 5 - 60.0% AVERAGE SALE PRICE: $96,800 $297,900 - 67.5% AVERAGE DAYS ON MARKET: 69.0 88.0 - 21.6% SOLD PRICE VS. LIST PRICE: 96.27% 97.54% - 1.3%
DERBY 2023 2022 +/- % TOTAL SALES IN UNITS: 18 15 + 20.0% AVERAGE SALE PRICE: $291,100 $166,300 + 75.0% AVERAGE DAYS ON MARKET: 74.0 166.0 - 55.4% SOLD PRICE VS. LIST PRICE: 97.82% 96.93% + 0.9% CRAFTSBURY 2023 2022 +/- % TOTAL SALES IN UNITS: 4 2 + 100.0% AVERAGE SALE PRICE: $381,300 $137,300 + 177.7% AVERAGE DAYS ON MARKET: 14.0 21.0 - 33.3% SOLD PRICE VS. LIST PRICE: 100.73% 108.93% - 7.5% GLOVER 2023 2022 +/- % TOTAL SALES IN UNITS: 4 6 - 33.3% AVERAGE SALE PRICE: $266,300 $269,000 - 1.0% AVERAGE DAYS ON MARKET: 19.0 32.0 - 40.6% SOLD PRICE VS. LIST PRICE: 97.71% 96.19% + 1.6% GREENSBORO 2023 2022 +/- % TOTAL SALES IN UNITS: 0 3 - 100.0% AVERAGE SALE PRICE: 0.0 $790,000 - 100.0% AVERAGE DAYS ON MARKET: 0.0 70.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 92.76% - 100.0% HOLLAND 2023 2022 +/- % TOTAL SALES IN UNITS: 1 1 0.0% AVERAGE SALE PRICE: $272,500 $300,000 - 9.2% AVERAGE DAYS ON MARKET: 36.0 343.0 - 89.5% SOLD PRICE VS. LIST PRICE: 95.95% 92.59% 3.6% IRASBURG 2023 2022 +/- % TOTAL SALES IN UNITS: 2 2 0.0% AVERAGE SALE PRICE: $68,000 $347,000 - 80.4% AVERAGE DAYS ON MARKET: 81.0 112.0 - 27.7% SOLD PRICE VS. LIST PRICE: 102.97% 102.36% + 0.6%
MORGAN 2023 2022 +/- % TOTAL SALES IN UNITS: 5 7 - 28.6% AVERAGE SALE PRICE: $215,200 $150,900 + 42.6% AVERAGE DAYS ON MARKET: 58.0 28.0 + 107.1% SOLD PRICE VS. LIST PRICE: 98.53% 93.32% + 5.6% LOWELL 2023 2022 +/- % TOTAL SALES IN UNITS: 10 5 + 100.0% AVERAGE SALE PRICE: $103,200 $126,000 - 18.1% AVERAGE DAYS ON MARKET: 40.0 132.0 - 69.7% SOLD PRICE VS. LIST PRICE: 96.76% 91.57% + 5.7% NEWPORT CITY 2023 2022 +/- % TOTAL SALES IN UNITS: 8 24 - 66.7% AVERAGE SALE PRICE: $418,500 $197,900 + 111.5% AVERAGE DAYS ON MARKET: 33.0 34.0 - 2.9% SOLD PRICE VS. LIST PRICE: 82.54% 98.97% - 16.6% NEWPORT TOWN 2023 2022 +/- % TOTAL SALES IN UNITS: 8 7 + 14.3% AVERAGE SALE PRICE: $178,700 $188,000 - 4.9% AVERAGE DAYS ON MARKET: 55.0 79.0 - 30.4% SOLD PRICE VS. LIST PRICE: 95.79% 96.69% - 0.9% ORLEANS 2023 2022 +/- % TOTAL SALES IN UNITS: 3 4 - 25.0% AVERAGE SALE PRICE: $107,500 $138,300 - 22.3% AVERAGE DAYS ON MARKET: 78.0 8.0 + 875.0% SOLD PRICE VS. LIST PRICE: 96.85% 102.84% - 5.8% JAY 2023 2022 +/- % TOTAL SALES IN UNITS: 7 12 - 41.7% AVERAGE SALE PRICE: $191,000 $223,800 - 14.7% AVERAGE DAYS ON MARKET: 95.0 132.0 - 28.0% SOLD PRICE VS. LIST PRICE: 95.50% 96.03% - 0.6%
WESTFIELD 2023 2022 +/- % TOTAL SALES IN UNITS: 1 3 - 66.7% AVERAGE SALE PRICE: $140,000 $141,700 - 1.2% AVERAGE DAYS ON MARKET: 71.0 163.0 - 56.4% SOLD PRICE VS. LIST PRICE: 82.84% 94.65% - 12.5% TROY 2023 2022 +/- % TOTAL SALES IN UNITS: 3 11 - 72.7% AVERAGE SALE PRICE: $159,300 $110,400 + 44.3% AVERAGE DAYS ON MARKET: 81.0 174.0 - 53.4% SOLD PRICE VS. LIST PRICE: 100.38% 99.66% + 0.7% WESTMORE 2023 2022 +/- % TOTAL SALES IN UNITS: 1 3 - 66.7% AVERAGE SALE PRICE: $127,000 $182,300 - 30.3% AVERAGE DAYS ON MARKET: 6.0 153.0 - 96.1% SOLD PRICE VS. LIST PRICE: 100.00% 93.99% + 6.4%
| Closed
782 Woods Hill Road | Danville, VT
Vermont
New York
Champlain Valley South Burlington: 802.864.0541
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
Saratoga Springs: 518.580.8500
St. Johnsbury: 802.751.7582
Bolton Landing: 518.644.9500
Southern Vermont
Lake Placid: 518.523.2550
Mount Snow: 802.464.1200
Central New York
Stratton: 802.297.1100
Syracuse: 315.685.8100
Manchester: 802.362.4551
Okemo: 802.228.4537
Thousand Islands Region: 315.685.8100
Upper Valley
Fairlee: 802.333.4701
Finger Lakes Region: 315.685.8100
Western New York
Buffalo: 716.320.1414
Rochester: 585.394.7111
New Hampshire New York
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
Vermont
Champlain Valley South Burlington: 802.864.0541
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
Southern Vermont
Lake Placid: 518.523.2550
Mount Snow: 802.464.1200
Central New York
Stratton: 802.297.1100
Syracuse: 315.685.8100
Manchester: 802.362.4551
Okemo: 802.228.4537
Thousand Islands Region: 315.685.8100
Upper Valley Fairlee: 802.333.4701
Finger Lakes Region: 315.685.8100
Western New York
Buffalo: 716.320.1414
Rochester: 585.394.7111
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552 Alpine Lane | Burke, VT Under Contract