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.