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Morristown, Vermont - Market Report Home Sales - 2008 through 2017
Morristown, Vermont - Home Sales Market Report - 2008 through 2017Morristown, Vermont is a town just a bit North of Stowe, Vermont.  Morristown has a population of about 2,000 and is home to Copley Hospital.  It also has it's own school system plus a private school, Morrisville-Stowe Airport, Copley Golf Course and Ryder Brook Golf Course, and it provides many shopping venues such as Hannafords, Price Choppers, several pharmacies, plus McDonalds!  Several restarants are also in residence.The Number of Homes Sold in Morristown, Vermont - Overall one can see an increasing trend from 2012 through 2017.  When comparing 2017 to 2016, the number of homes sold increased by 5%.The Average Inventory of Homes available for sale reached it's peak in 2013/2014 and has been decreasing to only 41 homes in 2017.  The Average Inventory when down 56% from 2016 to 2017.The Average and Median Sold Prices - have been up and down over the past 10 year.  2015 to 2016 saw a strong increase in sale price.  In 2017, the average sale price was up 8% compared to 2016 while the median sale price went down a tad by 2%.The CHART Below summarizes the above data throughout the past 10 years: If you or anyone you know has an interest in purchasing or selling real estate in the Morristown, Vermont area, I'd be happy to help!Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - office(802) 793-5171 - [email protected]                 ...Read More


Waterbury, Vermont - Home Sales Market Report - 2008 through 2017
Waterbury, Vermont - Home Sales Market Report - 2008 through 2017Waterbury, Vermont is a very well located town in Vermont.  It is close to our major highway I-89 at exit 10.  It lies South of Stowe, North of Waitsfield/Warren, East of Burlington and West of Montpelier.  Many potential buyers like this spot so they can easily commute to Montpelier and Burlington for employment and head north and south to ski.When I look at the Waterbury home sales trends going back to 2008, Waterbury seems to be on a good course for solid sales.  Overall, the number of home sales have increased from 30 homes in 2008 to 58 homes in 2017.  The number of sales from 2016 to 2017 increased by 9%The average inventory of homes available for sale has fluctuated through the 10 years from 30 in 2008 to 33 in 2017.  Then average inventory from 2016 to 2017 was down by 15%.  The Median and Average Sale price from 2008 to 2017 it up significantly.  Between 2016 and 2017, the Average sold price went down about 1% whereas the median sold price remained about the same.The CHART below shows the summaries of Waterbury Home Sales, Closed Average and Median Sale Prices and the Average Inventory of Homes Available for sale.                           If you or anyone you know has interest in purchasing or selling real estate in the Waterbury, Vermont area, I'd love to hear from you! Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - office(802) 793-5171 - [email protected]                 ...Read More


Stowe, Vermont Real Estate Market - Stowe Homes, Condos & Land Sales
Stowe, Vermont - Real Estate Market Report for Stowe Homes, Stowe Condos and Stowe Land - Trends ReportsStowe, Vermont Home Sales - 2000 through 2017:Chart 1 - shows the number of single family homes SOLD in Stowe for the years 2000 through 2017.  It shows a low of 46 homes in 2009 (recession) to a high of 91 in 2016.  There was a dip in 2017 of 7%.Chart 2 - shows the median and average sale prices for the years 2000 through 2017.  2005 and 2006 show higher sale prices with dips in sale prices in 2008 and 2009.  Prices slowly increased with some dips along the way to 2017.  2017 has both average and median sale prices up over 2016.Chart 3 - shows the average inventory available for sale starting with 2005.  2010 shows the highest average inventory while 2017 shows the lowest for this time period.  Stowe, Vermont Condo Sales - 2007 through 2017: (does not include timeshare or fractional ownership)Chart 1 - shows the number of condo sales for the past 10 years.  You can see the lowest number is 2009.  Sales overall picked up each year (except 2016) and shot up 38% in 2017.  We continue to see demand for condo purchases strong this year.  The acquisition of the Stowe Mountain Operations by Vail and the introduction of the Epic Pass appear to be some of the main factors behind the increased demand.Chart 2 - shows the average and median sale prices.  The sold prices have been relatively stable over the past 3 years.Chart 3 - shows the average inventory of condos available for sale.  The highest level was in 2010 and the lowest was in 2017 - a 30% decrease. Stowe, Vermont Land Sales - 2007 through 2017:Chart 1 - shows that the number of land lots sold varies widely from year to year.  The highest number of lots sold was in 2017 with a 32% increase in number of lots sold.Chart 2 - once again shows average and median sale prices varying widely throughout the years.  2017 did show significant decreases in both average and median sold prices.Chart 3 - The average inventory of lots available for sale has been relatively been a bit more stable than number of sales and sold prices.  The inventory did not see a change from 2016 to 2017.                          It is always interesting and educational to look back at statistics.  You can see trends, analyze the data and make sense of it to some degree.  If only it were so easy to foresee the future!  Data and experience can help.Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - office(802) 793-5171 - [email protected]                 ...Read More


Stowe, VT Area Home Sales Market Report - 2017 compared to 2016
Stowe, Vermont Area - Homes Sales Market Report - 2017 compared to 2016Another year done and I have crunched the numbers.  Overall, the real estate home sales in the Stowe area which includes Waterbury VT, Morristown VT, Hyde Park VT, Johnson VT, Elmore VT and Wolcott VT showed positive signs - increased number of sales, increase sale prices and decreased inventory.  It seems like every year, there is one town that surprises me.  This time, it was Elmore, Vermont.  Although a small town, Elmore showed an increase the number of homes sold by $125%, significant increase in sold prices and a 37% decrease in inventory.Below is a chart showing the difference between 2017 and 2016 in the # of homes sold, median sale price, average sale price, and average inventory for Vermont, Stowe, Waterbury, Morristown, Hyde Park, Elmore, Johnson, and Wolcott, Vermont.CHART COMPARISON:  HOME SALES REAL ESTATE MARKET - 2017 COMPARED TO 2016Summary by Area:VERMONT Home SalesNumber of homes sold - Slight IncreaseMedian and Average sale price - Slight IncreaseInventory of homes available for sale - Moderate DecreaseSTOWE, Vermont Homes SalesNumber of homes sold - Slight DecreaseMedian Sold Price - Significant IncreaseAverage Sold Price - Slight IncreaseInventory of homes available for sale - Slight DecreaseWATERBURY, Vermont Home SalesNumber of homes sold - Slight IncreaseMedian Sold Price - Insignificant changeAverage Sold Price - Slight increaseInventory of homes available for sale - Moderate decreaseMORRISTOWN, Vermont Home SalesNumber of homes sold - Slight IncreaseMedian Sold Price - slight decreaseAverage Sold Price - Moderate increaseInventory of homes available for sale - Significant decreaseHYDE PARK, Vermont Home SalesNumber of homes sold - Significant IncreaseMedian Sale Price - slight decreaseAverage Sale Price - Significant increaseInventory of homes available for sale - Significant decreaseELMORE, Vermont Home SalesNumber of homes sold - Significant IncreaseMedian and Average Sale Prices - Significant IncreasesInventory of homes available for sale - Significant DecreaseJOHNSON, Vermont Home SalesNumber of homes sold - Significant IncreaseMedian Sold price - moderate increaseAverage Sold price - moderate decreaseInventory of homes available for sale - Significant DecreaseWOLCOTT, Vermont Home SalesNumber of homes sold - Significant IncreaseMedian and Average Sold Price - Moderate IncreaseInventory of homes available for sale - Moderate Increase Teresa Merelman -- Stowe Vermont Real Estate -- (802) 793-5171 -- www.StoweUSA.com Teresa Merelman, BrokerABR, CRS, e-PRO, SRES, GREEN, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - office(802) 793-5171 - [email protected]                 ...Read More


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, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - 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, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - 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, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - 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, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - 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, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - 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, RSPSPall Spera Company Realtors1800 Mountain Road, P.O. Box 539Stowe, VT  05672(802) 253-9771 - office(802) 793-5171 - [email protected]                 ...Read More