Rutland County Vermont
First Half 2023
Market
Report
Market Overview At A Glance
RUTLAND COUNTY
The Rutland County housing market began to normalize to pre-pandemic levels in the First Half of 2023 after more than two red-hot years.
Limited inventory remained a major driving factor, and the total number of units sold was down by -28.8% across Rutland County. Additionally, the average sales price decreased by -9.8%, and the average days on market decreased by +15.4%.
The most active markets in Rutland County were Brandon, Castleton, Killington and Rutland City. There is a full breakdown by 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.
Now more than ever, you need an experienced real estate professional to guide you through this ever-changing market.
Rutland County Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2023 - 6/30/2023) vs. Previous Year To Date (1/1/2022 - 6/30/2022)All Property Types - All Price Points -Rutland County, VT Rutland County 2023 2022 +/ - % TOTAL SALES IN UNITS: 708 994 - 28.8% TOTAL SALES DOLLARS: $206,269,000 $320,931,000 - 35.7% AVERAGE SALE PRICE: $291,341 $322,868 - 9.8% AVERAGE DAYS ON MARKET: 60 52 + 15.4% SOLD PRICE VS. LIST PRICE: 98.78% 99.63% - 0.9%
Rutland County by Town
All Properties | All Price Points
BENSON 2023 2022 +/- % TOTAL SALES IN UNITS: 3 4 - 25.0% AVERAGE SALE PRICE: $288,300 $325,500 - 11.4% AVERAGE DAYS ON MARKET: 181.0 51.0 + 254.9% SOLD PRICE VS. LIST PRICE: 90.20% 104.41% - 13.6% BRANDON 2023 2022 +/- % TOTAL SALES IN UNITS: 20 27 - 25.9% AVERAGE SALE PRICE: $338,700 $274,200 + 23.5% AVERAGE DAYS ON MARKET: 85.0 61.0 + 39.3% SOLD PRICE VS. LIST PRICE: 100.04% 100.05% 0.0% CASTLETON 2023 2022 +/- % TOTAL SALES IN UNITS: 17 35 - 51.4% AVERAGE SALE PRICE: $298,900 $389,700 - 23.3% AVERAGE DAYS ON MARKET: 68.0 33.0 + 106.1% SOLD PRICE VS. LIST PRICE: 96.03% 97.10% - 1.1% CHITTENDEN 2023 2022 +/- % TOTAL SALES IN UNITS: 4 3 + 33.3% AVERAGE SALE PRICE: $234,000 $284,000 - 17.6% AVERAGE DAYS ON MARKET: 67.0 40.0 + 67.5% SOLD PRICE VS. LIST PRICE: 93.79% 108.12% - 13.3% CLARENDON 2023 2022 +/- % TOTAL SALES IN UNITS: 9 12 - 25.0% AVERAGE SALE PRICE: $317,500 $374,500 - 15.2% AVERAGE DAYS ON MARKET: 54.0 79.0 - 31.6% SOLD PRICE VS. LIST PRICE: 97.03% 96.88% + 0.2%
FAIR HAVEN 2023 2022 +/- % TOTAL SALES IN UNITS: 9 11 - 18.2% AVERAGE SALE PRICE: $168,400 $217,800 - 22.7% AVERAGE DAYS ON MARKET: 41.0 42.0 - 2.4% SOLD PRICE VS. LIST PRICE: 97.58% 96.42% + 1.2% DANBY 2023 2022 +/- % TOTAL SALES IN UNITS: 5 17 - 70.6% AVERAGE SALE PRICE: $152,800 $533,700 - 71.4% AVERAGE DAYS ON MARKET: 56.0 121.0 - 53.7% SOLD PRICE VS. LIST PRICE: 91.39% 98.21% - 6.9% HUBBARDTON 2023 2022 +/- % TOTAL SALES IN UNITS: 7 5 + 40.0% AVERAGE SALE PRICE: $269,200 $372,000 - 27.6% AVERAGE DAYS ON MARKET: 106.0 6.0 + 1666.7% SOLD PRICE VS. LIST PRICE: 94.17% 98.57% - 4.5% IRA 2023 2022 +/- % TOTAL SALES IN UNITS: 3 1 + 200.0% AVERAGE SALE PRICE: $294,400 $380,000 - 22.5% AVERAGE DAYS ON MARKET: 76.0 15.0 + 406.7% SOLD PRICE VS. LIST PRICE: 98.25% 100.26% - 2.0% KILLINGTON 2023 2022 +/- % TOTAL SALES IN UNITS: 47 84 - 44.0% AVERAGE SALE PRICE: $382,000 $425,400 - 10.2% AVERAGE DAYS ON MARKET: 42.0 32.0 + 31.3% SOLD PRICE VS. LIST PRICE: 101.58% 100.28% + 1.3% MENDON 2023 2022 +/- % TOTAL SALES IN UNITS: 13 16 - 18.8% AVERAGE SALE PRICE: $314,400 $202,800 + 55.0% AVERAGE DAYS ON MARKET: 38.0 44.0 - 13.6% SOLD PRICE VS. LIST PRICE: 101.34% 106.48% - 4.8%
MOUNT HOLLY 2023 2022 +/- % TOTAL SALES IN UNITS: 7 18 - 61.1% AVERAGE SALE PRICE: $395,700 $504,100 - 21.5% AVERAGE DAYS ON MARKET: 108.0 63.0 + 71.4% SOLD PRICE VS. LIST PRICE: 98.36% 100.64% - 2.3% MIDDLETOWN SPRINGS 2023 2022 +/- % TOTAL SALES IN UNITS: 0 8 - 100.0% AVERAGE SALE PRICE: 0.0 $148,100 - 100.0% AVERAGE DAYS ON MARKET: 0.0 44.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 100.51% - 100.0% MOUNT TABOR 2023 2022 +/- % TOTAL SALES IN UNITS: 2 2 0.0% AVERAGE SALE PRICE: $152,500 $390,000 - 60.9% AVERAGE DAYS ON MARKET: 258.0 85.0 + 203.5% SOLD PRICE VS. LIST PRICE: 96.83% 92.86% + 4.3% PAWLET 2023 2022 +/- % TOTAL SALES IN UNITS: 10 6 + 66.7% AVERAGE SALE PRICE: $333,100 $145,200 + 129.4% AVERAGE DAYS ON MARKET: 84.0 46.0 + 82.6% SOLD PRICE VS. LIST PRICE: 100.15% 99.32% + 0.8% PITTSFIELD 2023 2022 +/- % TOTAL SALES IN UNITS: 3 4 - 25.0% AVERAGE SALE PRICE: $210,000 $317,100 - 33.8% AVERAGE DAYS ON MARKET: 92.0 8.0 + 1050.0% SOLD PRICE VS. LIST PRICE: 95.45% 109.53% - 12.9% PITTSFORD 2023 2022 +/- % TOTAL SALES IN UNITS: 11 12 - 8.3% AVERAGE SALE PRICE: $292,500 $328,200 - 10.9% AVERAGE DAYS ON MARKET: 59.0 128.0 - 53.9% SOLD PRICE VS. LIST PRICE: 100.09% 97.30% + 2.9%
RUTLAND CITY 2023 2022 +/- % TOTAL SALES IN UNITS: 94 115 - 18.3% AVERAGE SALE PRICE: $220,900 $206,100 + 7.2% AVERAGE DAYS ON MARKET: 55.0 40.0 + 37.5% SOLD PRICE VS. LIST PRICE: 97.88% 100.35% - 2.5% POULTNEY 2023 2022 +/- % TOTAL SALES IN UNITS: 20 21 - 4.8% AVERAGE SALE PRICE: $297,700 $242,600 + 22.7% AVERAGE DAYS ON MARKET: 56.0 50.0 + 12.0% SOLD PRICE VS. LIST PRICE: 97.68% 100.14% - 2.5% PROCTOR 2023 2022 +/- % TOTAL SALES IN UNITS: 9 12 - 25.0% AVERAGE SALE PRICE: $213,300 $192,300 + 10.9% AVERAGE DAYS ON MARKET: 14.0 36.0 - 61.1% SOLD PRICE VS. LIST PRICE: 97.02% 97.20% - 0.2% RUTLAND TOWN 2023 2022 +/- % TOTAL SALES IN UNITS: 20 27 - 25.9% AVERAGE SALE PRICE: $414,500 $420,300 - 1.4% AVERAGE DAYS ON MARKET: 41.0 49.0 - 16.3% SOLD PRICE VS. LIST PRICE: 99.90% 101.28% - 1.4% SHREWSBURY 2023 2022 +/- % TOTAL SALES IN UNITS: 3 11 - 72.7% AVERAGE SALE PRICE: $355,000 $412,600 - 14.0% AVERAGE DAYS ON MARKET: 24.0 47.0 - 48.9% SOLD PRICE VS. LIST PRICE: 97.53% 102.52% - 4.9% SUDBURY 2023 2022 +/- % TOTAL SALES IN UNITS: 6 7 - 14.3% AVERAGE SALE PRICE: $288,100 $227,400 + 26.7% AVERAGE DAYS ON MARKET: 135.0 114.0 + 18.4% SOLD PRICE VS. LIST PRICE: 98.72% 100.70% - 2.0%
WELLS 2023 2022 +/- % TOTAL SALES IN UNITS: 12 5 + 140.0% AVERAGE SALE PRICE: $260,700 $258,400 + 0.9% AVERAGE DAYS ON MARKET: 75.0 61.0 + 23.0% SOLD PRICE VS. LIST PRICE: 96.00% 99.69% - 3.7% TINMOUTH 2023 2022 +/- % TOTAL SALES IN UNITS: 2 2 0.0% AVERAGE SALE PRICE: $769,500 $482,500 + 59.5% AVERAGE DAYS ON MARKET: 22.0 275.0 - 92.0% SOLD PRICE VS. LIST PRICE: 100.00% 83.91% + 19.2% WALLINGFORD 2023 2022 +/- % TOTAL SALES IN UNITS: 11 18 - 38.9% AVERAGE SALE PRICE: $313,900 $478,600 - 34.4% AVERAGE DAYS ON MARKET: 80.0 76.0 + 5.3% SOLD PRICE VS. LIST PRICE: 101.01% 96.94% + 4.2% WEST HAVEN 2023 2022 +/- % TOTAL SALES IN UNITS: 0 1 - 100.0% AVERAGE SALE PRICE: 0.0 $287,300 - 100.0% AVERAGE DAYS ON MARKET: 0.0 482.0 - 100.0% SOLD PRICE VS. LIST PRICE: 0.00% 88.68% - 100.0% WEST RUTLAND 2023 2022 +/- % TOTAL SALES IN UNITS: 8 13 - 38.5% AVERAGE SALE PRICE: $230,800 $248,200 - 7.0% AVERAGE DAYS ON MARKET: 25.0 85.0 - 70.6% SOLD PRICE VS. LIST PRICE: 98.38% 101.21% - 2.8%
6/30/2023)
6/30/2022)
Source: Trendgraphix Data - (1/1/2023 -
vs. Previous Year To Date (1/1/2022 -
All Property Types - All Price Points -Rutland County, VT
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
Vermont
New York
Hudson Valley
Kingston: 845.331.3100
Champlain Valley 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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