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Stowe, VT Area Home Sales Report - 1st Quarter 2017
Stowe, Vermont Area Home Sales Report - 1st Quarter 2017 Compared to 1st Quarter 2016There is definitely a mixed bag of statistics for Homes Sold in Stowe, Waterbury, Morristown, Hyde Park, Elmore, Johnson and Wolcott Vermont.  This is one of those good news and bad news reports and certainly varies between towns.Below is a Chart showing Number of Homes Sold, Median & Average Sale Prices and Inventory of Active Home Listings available for SaleSUMMARIES: State of Vermont Homes Sales:# f Homes Sold - Down 4%Median and Average Sale Price - Up 8%Inventory of Homes Available for Sale - Down 16% STOWE, Vermont Home Sales:# of Homes Sold - Down 52%Median Sale Price - Up 11%, Average Sale Price - Up 10%Inventory of Homes Available for Sale - Down 22% WATERBURY, Vermont Home Sales:# of Homes Sold - Up 57%Median Sale Price - Up 49%, Averale Sale Price - Up 58%Inventory of Homes Available for Sale - Up 19% MORRISTOWN, Vermont Home Sales:# of Homes Sold - Down 15%Median Sale Price - Up 6%, Average Sale Price - Up 67%Inventory of Homes Available for Sale - Down 13% HYDE PARK, Vermont Home Sales:# of Homes Sold - Down 40%Median Sale Price - Up 8%, Average Sale Price - Up 99%Inventory of Homes Available for Sale - Up 3% ELMORE, Vermont Home Sales# of Homes Sold - Up 300%Sold Price - no sales in 1st Quarter of 2016Inventory of Homes Available for Sale - Up 21% JOHNSON, Vermont Home Sales# of Homes Sold - Up 33%Median Sale Price - Up 15%, Average Sale Price - Up 6%Invenotry of Homes Available for Sale - Unchanged WOLCOTT, Vermont Homes Sales:# of Homes Sold - UnchangedMedian and Average Sale Price - Down 54%Inventory of Homes Available for Sale - Up 46% If you are looking to Sell your home a buy a home in the Stowe, Vermont area, give me a call at (802) 793-5171.  I'd be happy to help you with the process and advise you in the current market. Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More


Vermont - Stowe Area Home Sales Market Report- 2016 comparison to 2015
Vermont - Lamoille Area Market Report for Homes Sold in 2016 compared to 2015Overall, the Stowe Area home sales in 2016 have seen positive growth when compared to 2015.  This is good news for most sellers.  The statistics that I looked at for this report include the number of home sales, the average sale price, the median sale price and the inventory of homes available for sale.  The State of Vermont shows all positive indicators - more sales, higher sold prices, and lower inventory.  Each town in the Stowe area has it's own story.  The town that seems to be recovering the best at this point is Stowe while Elmore, Vermont is showing signs of a weakened market.Below is Chart which graphs the Market Activity for the State of Vermont, Stowe, VT, Waterbury, VT, Hyde Park, VT Elmore, VT, Johnson, VT and Wolcott, VT:STATE OF VERMONT:# of Homes Sold: Up 5%Median Sold Price:  Up 4%Average Sale Price:  Up 3%Inventory of Homes:  Down 11% STOWE, VERMONT:# of Homes Sold:  Up 28%Median Sale Price:  Down 3%Average Sale Price:  Up 24%Inventory of Homes:  Down 27% WATERBURY, VERMONT: # of Homes Sold:  Down 5%Median Sale Price:  Down 2%Average Sale Price:  Up 24%Inventory of Homes:  Up 9% MORRISTOWN, VERMONT:# of Homes Sold:  Down 7%Median Sale Price:  Up 22%Average Sale Price:  Up 18%Inventory of Homes:  Down 15% HYDE PARK, VERMONT:# of Homes Sold:  Down 11%Median Sale Price:  Up 13%Average Sale Price:  Up 6%Inventory of Homes:  Down 19% ELMORE, VERMONT: # of Homes Sold:  Down 47%Median Sale Price:  Down 19%Average Sale Price:  Down 41%Inventory of Homes:  Up 12% JOHNSON, VERMONT:# of Homes Sold:  Up 20%Median Sale Price:  Up 27%Average Sale Price:  Up 36%Inventory of Homes:  Up 3% WOLCOTT, VERMONT:# of Sales:  Down 41%Median Sale Price:  Up 33%Average Sale Price:  Up 24%Inventory of Homes:  Down 38% Are you looking to purchase a home or sell a home in 2017?  If so, please give me a call (802-793-5171).  I'd be happy to assist you.Local knowledge and experience is truly invaluable when it comes to Real Estate!  Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More


Stowe, VT - Market Report Home Sales - 2000 through 2016
Stowe, Vermont - Market Report of Home Sales in Stowe from 2000 through 2016Stowe, Vermont - Home Sales have seen a steady increase since 2009.  There was a decrease in 2015, but 2016 saw an increase of 28% sales.  The Average Sale Price went up 24% while the Median went down 3%.  Of significance is the declining inventory of homes available for sale since 2010.  From 2015 to 2016 there was 27% decrease.  Although Stowe tends to have slow moving market overall compared to other parts of the country, it does appear that home sales in Stowe are heading back to a sellers' market.  This is especially true in the lower priced real estate - below $500,000.Below is a Market Report Chart which shows the # of homes Sold, the Average/Median Sale Prices, and the Average Inventory over the past several years:                           If you are looking to purchase a home or sell a home in the Stowe, VT area, please feel free to contact me.  I'd love to help.Remember that experience and local knowledge are invaluable!!  Licensed in Stowe, Vermont since 1998.Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More


Stowe, VT - Market Report LAND Sales - 2007 through 2016
Stowe, Vermont - Market Report on Land Sales in Stowe, VT - 2007 through 2016Stowe, VT Land Sales over the past 10 years have been somewhat inconsistent.  Since the recession, the number of sales have gone down with a pick up in 2012.  There was a 46% increase from 2015 to 2016.  The inventory level has seen a downward trend since 2013 to 2016 but there was a slight increase in 2016.  The average and median sale price in 2016 saw a significant increase in sale prices.Land tends to not follow the overall market trends unless there is a severe lack of inventory in homes available for sale and a possible lower inventory of land for sale.  The cost to hold land by an owner tends to low in that property taxes are low on undeveloped land.  Now that Stowe has seen reduced inventory in existing homes along with increased sale prices, land sales may pick up in 2017.Below is a Chart of Stowe Land Sales from 2007 through 2016 shows Number of Land Sales, Average Inventory, and Average/Median Sale prices:If you are looking to buy land or sell land in Stowe, Vermont, please feel free contact me.  I'd be happy to help.Remember - experience and local knowledge are invaluable!!  Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More


Stowe, VT - Condo Sales Market Report - 2007 through 2016
Stowe, Vermont - Condo Sales Market Report: 2007 through 2016Stowe, Vermont Condo Sales have been on the rise since 2011 until 2016 which saw a 26% decrease in number of sales.  The average inventory remained the same from 2015 to 2016; however, there has been a steady decline in available condos for sale since 2010.  The average sale price rose a tad and median sale price was level when compared to 2015.  Below is Chart of Stowe, Vermont Condo Sale statistics from 2007 through 2016.  Please note that these do not include timeshares or fractional ownership sales:If you are interested in buying a condo or selling your condo in the Stowe, Vermont area, consider giving me a call.  I'd love to help.Remember that local knowledge and experience is invaluable!Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More


Morristown, VT - Real Estate Market Report Homes Sold: 2008 -- 2016
Morristown, Vermont - Market Report for Homes Sold 2008 through 2016The Real Estate Market in Morristown has definitely improved over the past 8 years.  The number of homes sold has been increasing overall, the sold average and median prices have increased, and the availability of homes for sale has been decreasing.  These are all signs of a healthier home sales market in Morristown, Vermont.Below is Chart which shows the sold numbers trend, the inventory of homes available for sale, and the average and median sold prices. If you are interested in buying a home or selling your home in the Morrisville, Vermont area, please give me a call.  I'd love to help.Remember, local knowledge and experience DOES make a difference!Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More


Waterbury, VT - Real Estate Home Sales Market Report 2008 thru 2016
Waterbury, Vermont - Market Report on Homes Sales in Waterbury comparison Chart - 2008 through 2016Looking at the trend in Waterbury, Vermont home sales over the past 8 years, the market has improved.  The number of homes sold has significantly increased over the recent 2 years, and the sold prices have been on a gradual increase.  All good signs of recovery from the housing recession of 2008.  The number of homes available for sale has varied a bit but remained fairly steady.  Waterbury's demand for homes in the lower price range is high, but the inventory in the lower range is low.Below is a chart showing # of homes sold, average inventory, and sold prices (average and median).If you are interested in buying a home or selling your home in the Waterbury, Vermont area, please give me a call.  I'd love to help.  Hire a local and experienced expert - it makes a difference.Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More


Stowe, VT Area Condo Sales Market Report: 1st - 3rd Quarters 2016/2015
Stowe, Vermont Area Condo Sales Market Report: 1st through 3rd Quarters 2016/2015Condo Sales in the Stowe Area have some mixed results.  State of Vermont Sales are up a tad. Waterbury and Morristown Sales have done better overall.  Stowe's numbers are certainly down but with a tad of an increase in sales prices.  Here's a Chart showing Vermont, Stowe, Morristown and Waterbury Condo Sales during the 1st through 3rd Quarters of 2016 compared to 2015: y: VERMONT Condo Sales - Statewide# of  Condos Sold - Up 5%Average Sale Price - Up 1%; Median Sale Price - Up 4%Inventory of Available Condo for Sale - Up 1% STOWE CONDO Sales:# of Condos Sold - Down 25%Average Sale Price - Up 2%; Median Sale Price - Up 17%Inventory of Condos Available for Sale - Up 21%WATERBURY Condo Sales:# of Condos Sold - Up 150%Average Sale Price - Up 68%; Median Sale Price - Up 54%Inventory of Condos Available for Sale - unchangedMORRISTOWN Condos Sales:# of Condos Sold - Up 75%Average Sale Price - Up 9%; Median Sale Price - Up 12%Inventory of Condos Available for Sale - Down 67% Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More


Stowe, VT Area - Land Sales Market Report: 1st-3rd Qtrs 2016/2015
Stowe, Vermont Area LAND Sales Market Report - 1st through 3rd Quarters - 2016/2015Since the recession, land sales in Vermont have been lagging while home and condo sales have been slowly gaining strength.  Overall, I still find this to be true with the notable exception of Stowe, Vermont.  I could see that Stowe land sales were overall doing better, but not by this much.Below is a Chart showing Land Sale numbers throughout most of the Lamoille Area.  Also included are the State of Vermont and Waterbury, Vermont sales data:         Summary: VERMONT Land Sales - Statewide:# of Lots Sold - Up 23%Average Sale Price - Up 11%; Median Sale Price - no changeInventory of Lots Available for Sale - Down 2% STOWE, VT Land Sales:# of Lots Sold - Up 300%Average Sale Price - Up 130%; Median Sale Price - Up 74%Inventory of Lots Available for Sale - Down 20% WATERBURY, VT Land Sales:# of Lots Sold - Down 25%Average Sale Price - Down 54%; Median Sale Price - Down 67%Inventory of Lots Available for Sale - Up 31% MORRISTOWN, VT Land Sales:# of Lots Sold - Up 57%Average Sale Price - Down 37%; Median Sale Price - Up 35%Inventory of Lots Available for Sale - Down 13% HYDE PARK, VT Land Sales:# of Lots Sold - Up 75%Average Sale Price - Down 59%; Median Sale Price - Down 79%Inventory of Lots Available for Sale - Down 25% ELMORE, VT Land Sales:# of Lots Sold - Down 100% - no salesAverage Sale and Median Sale Price - no salesInventory of Lots Available for Sale - Down 4% JOHNSON, VT Land Sales:# of Lots Sold - Up 40%Average Sale Price - Down 41%; Median Sale Price - Down 62%Inventory of Lots Available for Sale - Down 22% WOLCOTT, VT Land Sales:# of Lots Sold - Down 88%Average Sale Price - Down 58%; Median Sale Price - Down 43%Inventory of Lots Available for Sale - Up 33% Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More


Stowe Vermont Area - Home Sales Market Report: 1st - 3rd Qtrs 16/15
Stowe, Vermont Area - Home Sales Market Report - 1st - 3rd Quarters 2016/2015Vermont recently changed MLS systems so I had to wait a bit to be sure all data was current.  Every now and then, I am surprised by the numbers when I run marketports.  This report did have some unexpected results.  Overall, home sales have been better.  To me that means the number of sales are up, the average and median sale prices are up, and the inventory is down.  I knew Stowe was doing better, but did not realize how much better.  Here's the Chart for Home Sales in the Stowe, Vermont Area using sales from the 1st through the 3rd quarters of 2016 compared to the same time period in 2015: Summary: VERMONT Home Sales - Statewide:# of Homes Sold - Up 6%Average and Median Sale Prices - Up 2%Inventory of Homes Available for Sale - Down 17%STOWE, VT Home Sales:# of Homes Sold - Up 38%Average Sale Price - Up 45%; Median Sale Price - Up 2%Inventory of Homes Available for Sale - Down 33%WATERBURY, VT Home Sales:# of Homes Sold - Down 2%Average Sale Price - Up 26%; Median Sale Price - Down 6%Inventory of Homes Available for Sale - Up 11% MORRISTOWN, VT Home Sales: # of Homes Sold - No ChangeAverage Sale Price - Up 15%; Median Sale Price - Up 18%Inventory of Homes Available for Sale - Down 21% HYDE PARK, VT Home Sales:# of Homes Sold - Down 4%Average Sale Price - Up 14%; Median Sale Price - Up 22%Inventory of Homes Available for Sale - Down 5% ELMORE, VT Home Sales:# of Homes Sold - Down 40%Average Sale Price - Down 47%; Median Sale Price - Down 23%Inventory of Homes Available for Sale - Up 4% JOHNSON, VT Home Sales:# of Homes Sold - Up 25%Average Sale Price - Up 44%; Median Sale Price - Up 27%Inventory of Homes Available for Sale - Down 9% WOLCOTT, VT Home Sales:# of Homes Sold - Down 33%Average Sale Price - Up 24%; Median Sale Price - Up 32%Inventory of Homes Available for Sale - Down 32% Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSWilliam Raveis Stowe Realty25 Main Street, P.O. Box 1348Stowe, VT  05672(802) 253-8484 - office(802) 793-5171 - [email protected]                 ...Read More