Southern
Annual Market Report
Vermont Full Year 2022
Market Overview At A Glance
SOUTHERN VERMONT
The Southern Vermont region housing market, defined by Bennington and Windham counties, began to normalize in 2022 after nearly two red-hot years.
Limited inventory remained a major driving factor, and the total number of units sold was down by 21.3% across the Southern Vermont region. However, the average sales price increased by 15.4%, and the average days on market decreased by 32.6%. Additionally, properties sold above list price increased by +1.7%.
The hottest markets in Southern Vermont continued to be in and around the major resort areas. There is a full breakdown by county and town in this report for more details at a local market level.
Moving into 2023, the majority of headlines on a national level are predicting a downturn in the housing market. However, we have not seen that swift downturn of activity in the Southern Vermont region. Yes, the market has begun to normalize, but we anticipate that buyer demand will continue to be strong, driven by limited inventory and that pricing will continue to stabilize. 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.
Southern VT Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2022 - 12/31/2022) vs. Previous Year To Date (1/1/2021 - 12/31/2021)All Property Types - All Price Points -Bennington & Windham Counties, VT Southern VT 2022 2021 +/ - % TOTAL SALES IN UNITS: 3,646 4,632 - 21.3% TOTAL SALES DOLLARS: $1,457,023,000 $1,604,023,000 - 9.1% AVERAGE SALE PRICE: $399,686 $346,292 + 15.4% AVERAGE DAYS ON MARKET: 58 86 - 32.6% SOLD PRICE VS. LIST PRICE: 99.61% 97.96% + 1.7%
Key Market Highlights BENNINGTON COUNTY
OVERVIEW BY
WINDHAM
OVERVIEW
TOWN
COUNTY
BY TOWN
Bennington County Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2022 - 12/31/2022) vs. Previous Year To Date (1/1/2021 - 12/31/2021)All Property Types - All Price Points -Bennington County, VT Bennington County 2022 2021 +/ - % TOTAL SALES IN UNITS: 1,426 1,830 - 22.1% TOTAL SALES DOLLARS: $604,873,000 $693,663,000 - 12.8% AVERAGE SALE PRICE: $424,174 $379,051 + 11.9% AVERAGE DAYS ON MARKET: 62 89 - 30.3% SOLD PRICE VS. LIST PRICE: 99.76% 97.76% + 2.0%
Bennington County by Town
All Properties | All Price Points
ARLINGTON 2022 2021 +/- % TOTAL SALES IN UNITS: 39 61 - 36.1% AVERAGE SALE PRICE: $354,174 $279,355 + 26.8% AVERAGE DAYS ON MARKET: 44.0 74.0 - 40.5% SOLD PRICE VS. LIST PRICE: 100.33% 100.06% + 0.3% BENNINGTON 2022 2021 +/- % TOTAL SALES IN UNITS: 162 225 - 28.0% AVERAGE SALE PRICE: $219,211 $221,105 - 0.9% AVERAGE DAYS ON MARKET: 51.0 83.0 - 38.6% SOLD PRICE VS. LIST PRICE: 99.80% 97.84% + 2.0% DORSET 2022 2021 +/- % TOTAL SALES IN UNITS: 62 78 - 20.5% AVERAGE SALE PRICE: $787,232 $598,544 + 31.5% AVERAGE DAYS ON MARKET: 80.0 131.0 - 38.9% SOLD PRICE VS. LIST PRICE: 97.89% 95.48% + 2.5% GLASTENBURY 2022 2021 +/- % TOTAL SALES IN UNITS: 1 0 N/A AVERAGE SALE PRICE: $450,000 $0 N/A AVERAGE DAYS ON MARKET: 8.0 0.0 N/A SOLD PRICE VS. LIST PRICE: 104.90% 0.00% N/A LANDGROVE 2022 2021 +/- % TOTAL SALES IN UNITS: 5 10 - 50.0% AVERAGE SALE PRICE: $623,700 $627,400 - 0.6% AVERAGE DAYS ON MARKET: 89.0 61.0 + 45.9% SOLD PRICE VS. LIST PRICE: 96.49% 100.13% - 3.6%
PERU 2022 2021 +/- % TOTAL SALES IN UNITS: 27 35 - 22.9% AVERAGE SALE PRICE: $459,304 $353,486 + 29.9% AVERAGE DAYS ON MARKET: 62.0 24.0 + 158.3% SOLD PRICE VS. LIST PRICE: 103.53% 99.21% + 4.4% MANCHESTER 2022 2021 +/- % TOTAL SALES IN UNITS: 112 148 - 24.3% AVERAGE SALE PRICE: $552,523 $527,143 + 4.8% AVERAGE DAYS ON MARKET: 66.0 89.0 - 25.8% SOLD PRICE VS. LIST PRICE: 99.73% 98.54% + 1.2% POWNAL 2022 2021 +/- % TOTAL SALES IN UNITS: 37 29 + 27.6% AVERAGE SALE PRICE: $237,328 $228,214 + 4.0% AVERAGE DAYS ON MARKET: 103.0 115.0 - 10.4% SOLD PRICE VS. LIST PRICE: 100.08% 100.31% - 0.2% READSBORO 2022 2021 +/- % TOTAL SALES IN UNITS: 20 32 - 37.5% AVERAGE SALE PRICE: $166,860 $171,869 - 2.9% AVERAGE DAYS ON MARKET: 31.0 65.0 - 52.3% SOLD PRICE VS. LIST PRICE: 96.67% 98.40% - 1.8% RUPERT 2022 2021 +/- % TOTAL SALES IN UNITS: 14 14 0.0% AVERAGE SALE PRICE: $447,571 $500,643 - 10.6% AVERAGE DAYS ON MARKET: 75.0 173.0 - 56.6% SOLD PRICE VS. LIST PRICE: 88.68% 95.15% - 6.8% SANDGATE 2022 2021 +/- % TOTAL SALES IN UNITS: 7 8 - 12.5% AVERAGE SALE PRICE: $218,657 $422,938 - 48.3% AVERAGE DAYS ON MARKET: 62.0 176.0 - 64.8% SOLD PRICE VS. LIST PRICE: 90.35% 94.91% - 4.8%
SHAFTSBURY 2022 2021 +/- % TOTAL SALES IN UNITS: 50 64 - 21.9% AVERAGE SALE PRICE: $350,222 $318,838 + 9.8% AVERAGE DAYS ON MARKET: 75.0 72.0 + 4.2% SOLD PRICE VS. LIST PRICE: 99.17% 97.82% + 1.4% SEARSBURG 2022 2021 +/- % TOTAL SALES IN UNITS: 7 4 + 75.0% AVERAGE SALE PRICE: $165,857 $191,500 - 13.4% AVERAGE DAYS ON MARKET: 23.0 139.0 - 83.5% SOLD PRICE VS. LIST PRICE: 99.91% 94.92% + 5.3% STAMFORD 2022 2021 +/- % TOTAL SALES IN UNITS: 20 22 - 9.1% AVERAGE SALE PRICE: $283,788 $184,945 + 53.4% AVERAGE DAYS ON MARKET: 104.0 173.0 - 39.9% SOLD PRICE VS. LIST PRICE: 97.19% 92.24% + 5.4% SUNDERLAND 2022 2021 +/- % TOTAL SALES IN UNITS: 28 28 0.0% AVERAGE SALE PRICE: $307,411 $401,921 - 23.5% AVERAGE DAYS ON MARKET: 54.0 71.0 - 23.9% SOLD PRICE VS. LIST PRICE: 99.88% 98.11% + 1.8% WINHALL 2022 2021 +/- % TOTAL SALES IN UNITS: 114 141 - 19.1% AVERAGE SALE PRICE: $630,298 $525,524 + 19.9% AVERAGE DAYS ON MARKET: 53.0 83.0 - 36.1% SOLD PRICE VS. LIST PRICE: 102.28% 97.81% + 4.6% WOODFORD 2022 2021 +/- % TOTAL SALES IN UNITS: 8 16 - 50.0% AVERAGE SALE PRICE: $215,813 $224,322 - 3.8% AVERAGE DAYS ON MARKET: 71.0 96.0 - 26.0% SOLD PRICE VS. LIST PRICE: 99.40% 98.28% + 1.1%
Windham County Overview
All Properties | All Price Points
Source: Trendgraphix Data - (1/1/2022 - 12/31/2022) vs. Previous Year To Date (1/1/2021 - 12/31/2021)All Property Types - All Price Points -Windham County, VT Windham County 2022 2021 +/ - % TOTAL SALES IN UNITS: 2,220 2,802 - 20.8% TOTAL SALES DOLLARS: $852,382,000 $910,359,000 - 6.4% AVERAGE SALE PRICE: $383,956 $324,896 + 18.2% AVERAGE DAYS ON MARKET: 55 84 - 34.5% SOLD PRICE VS. LIST PRICE: 99.50% 98.12% + 1.4%
Windham County by Town
All Properties | All Price Points
ATHENS 2022 2021 +/- % TOTAL SALES IN UNITS: 7 11 - 36.4% AVERAGE SALE PRICE: $356,741 $250,455 + 42.4% AVERAGE DAYS ON MARKET: 110.0 33.0 + 233.3% SOLD PRICE VS. LIST PRICE: 98.28% 98.43% - 0.2% BRATTLEBORO 2022 2021 +/- % TOTAL SALES IN UNITS: 150 157 - 4.5% AVERAGE SALE PRICE: $288,251 $254,924 + 13.1% AVERAGE DAYS ON MARKET: 38.0 55.0 - 30.9% SOLD PRICE VS. LIST PRICE: 101.25% 100.04% + 1.2% DOVER 2022 2021 +/- % TOTAL SALES IN UNITS: 254 301 - 15.6% AVERAGE SALE PRICE: $381,124 $312,372 + 22.0% AVERAGE DAYS ON MARKET: 58.0 85.0 - 31.8% SOLD PRICE VS. LIST PRICE: 98.32% 98.60% - 0.3% DUMMERSTON 2022 2021 +/- % TOTAL SALES IN UNITS: 17 26 - 34.6% AVERAGE SALE PRICE: $429,524 $372,019 + 15.5% AVERAGE DAYS ON MARKET: 43.0 34.0 + 26.5% SOLD PRICE VS. LIST PRICE: 103.88% 98.95% + 5.0% GRAFTON 2022 2021 +/- % TOTAL SALES IN UNITS: 15 20 - 25.0% AVERAGE SALE PRICE: $353,600 $307,840 + 14.9% AVERAGE DAYS ON MARKET: 60.0 119.0 - 49.6% SOLD PRICE VS. LIST PRICE: 96.58% 95.54% + 1.1%
HALIFAX 2022 2021 +/- % TOTAL SALES IN UNITS: 24 16 + 50.0% AVERAGE SALE PRICE: $306,188 $386,719 - 20.8% AVERAGE DAYS ON MARKET: 46.0 74.0 - 37.8% SOLD PRICE VS. LIST PRICE: 101.92% 98.53% + 3.4% GUILFORD 2022 2021 +/- % TOTAL SALES IN UNITS: 30 26 + 15.4% AVERAGE SALE PRICE: $377,950 $332,169 + 13.8% AVERAGE DAYS ON MARKET: 62.0 56.0 + 10.7% SOLD PRICE VS. LIST PRICE: 103.82% 103.83% 0.0% JAMAICA 2022 2021 +/- % TOTAL SALES IN UNITS: 36 40 - 10.0% AVERAGE SALE PRICE: $408,000 $257,525 + 58.4% AVERAGE DAYS ON MARKET: 57.0 108.0 - 47.2% SOLD PRICE VS. LIST PRICE: 97.60% 97.37% + 0.2% LONDONDERRY 2022 2021 +/- % TOTAL SALES IN UNITS: 42 80 - 47.5% AVERAGE SALE PRICE: $427,676 $358,793 + 19.2% AVERAGE DAYS ON MARKET: 58.0 71.0 - 18.3% SOLD PRICE VS. LIST PRICE: 103.67% 99.10% + 4.6% MARLBORO 2022 2021 +/- % TOTAL SALES IN UNITS: 8 14 - 42.9% AVERAGE SALE PRICE: $326,425 $380,750 - 14.3% AVERAGE DAYS ON MARKET: 204.0 50.0 + 308.0% SOLD PRICE VS. LIST PRICE: 94.58% 97.68% - 3.2% NEWFANE 2022 2021 +/- % TOTAL SALES IN UNITS: 36 44 - 18.2% AVERAGE SALE PRICE: $316,486 $228,199 + 38.7% AVERAGE DAYS ON MARKET: 79.0 83.0 - 4.8% SOLD PRICE VS. LIST PRICE: 97.61% 98.33% - 0.7%
ROCKINGHAM 2022 2021 +/- % TOTAL SALES IN UNITS: 66 61 + 8.2% AVERAGE SALE PRICE: $223,342 $217,089 + 2.9% AVERAGE DAYS ON MARKET: 64.0 64.0 0.0% SOLD PRICE VS. LIST PRICE: 98.88% 97.82% + 1.1% PUTNEY 2022 2021 +/- % TOTAL SALES IN UNITS: 28 29 -3.4% AVERAGE SALE PRICE: $361,836 $271,747 33.2% AVERAGE DAYS ON MARKET: 34.0 81.0 -58.0% SOLD PRICE VS. LIST PRICE: 104.22% 99.10% 5.2% STRATTON 2022 2021 +/- % TOTAL SALES IN UNITS: 84 127 - 33.9% AVERAGE SALE PRICE: $805,962 $569,258 + 41.6% AVERAGE DAYS ON MARKET: 35.0 117.0 - 70.1% SOLD PRICE VS. LIST PRICE: 98.88% 96.57% + 2.4% TOWNSEND 2022 2021 +/- % TOTAL SALES IN UNITS: 1 1 0.0% AVERAGE SALE PRICE: $400,000 $605,000 - 33.9% AVERAGE DAYS ON MARKET: 0.0 7.0 - 100.0% SOLD PRICE VS. LIST PRICE: 100.25% 112.66% - 11.0% VERNON 2022 2021 +/- % TOTAL SALES IN UNITS: 18 30 - 40.0% AVERAGE SALE PRICE: $306,467 $239,717 + 27.8% AVERAGE DAYS ON MARKET: 47.0 43.0 + 9.3% SOLD PRICE VS. LIST PRICE: 102.21% 99.18% + 3.1% WARDSBORO 2022 2021 +/- % TOTAL SALES IN UNITS: 41 78 - 47.4% AVERAGE SALE PRICE: $293,052 $246,329 + 19.0% AVERAGE DAYS ON MARKET: 52.0 111.0 - 53.2% SOLD PRICE VS. LIST PRICE: 95.37% 100.13% - 4.8%
WHITINGHAM 2022 2021 +/- % TOTAL SALES IN UNITS: 44 43 + 2.3% AVERAGE SALE PRICE: $266,557 $286,102 - 6.8% AVERAGE DAYS ON MARKET: 96.0 79.0 + 21.5% SOLD PRICE VS. LIST PRICE: 99.99% 96.81% + 3.3% WESTMINISTER 2022 2021 +/- % TOTAL SALES IN UNITS: 30 42 - 28.6% AVERAGE SALE PRICE: $206,245 $226,445 - 8.9% AVERAGE DAYS ON MARKET: 73.0 84.0 - 13.1% SOLD PRICE VS. LIST PRICE: 99.24% 97.74% + 1.5% WILMINGTON 2022 2021 +/- % TOTAL SALES IN UNITS: 132 184 - 28.3% AVERAGE SALE PRICE: $482,701 $393,812 + 22.6% AVERAGE DAYS ON MARKET: 47.0 94.0 - 50.0% SOLD PRICE VS. LIST PRICE: 99.77% 96.63% + 3.2% WINDHAM 2022 2021 +/- % TOTAL SALES IN UNITS: 14 27 -48.1% AVERAGE SALE PRICE: $320,929 $212,698 + 50.9% AVERAGE DAYS ON MARKET: 22.0 143.0 - 84.6% SOLD PRICE VS. LIST PRICE: 103.69% 98.07% + 5.7%
Source: Trendgraphix Data - (1/1/2022 - 12/31/2022) vs. Previous Year To Date (1/1/2021 - 12/31/2021)All Property Types - All Price Points -Windham County, VT
Vermont
New York
New Hampshire
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
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
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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Hampshire