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January 2024 Market Update

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Red Barn with Snowy Landscape

In 2023, Vermont’s real estate market continued to show resilience in the face of changing economic conditions. While home prices have continued to rise with buyer demand holding steady, the number of homes sold has fluctuated. This has primarily been due to the inventory shortage. As mortgage rates increased mid year, homeowners have found [...]

November 2023 Market Update

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Vermont landscape late autumn with farm house and farm land

The Vermont housing market has been experiencing several trends in the recent months, but the most consistent—low inventory. The scarcity of available homes for sale continues to influence the market dynamics, leading to increased competition among buyers and rising property prices. As the colder months approach, the market tends to [...]

October 2023 Market Update

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Red barn in Vermont countryside with foliage

As the weather shifts and colors begin to return to the mountains, it appears seasonal trends have also returned to the housing market. While the pandemic ‘unicorn years’ muted these annual ebbs and flows with disproportionate activity spikes, there has been an apparent slowdown in market activity since the close of summer.

While buyer [...]

September 2023 Market Update

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River through vermont fall landscape with cabin in background

The real estate market in Vermont continues to be competitive due to the combination of buyer demand, limited inventory, price growth, and affordability concerns. Home prices have been increasing steadily, and multiple offers are still common. Despite this, some buyers are still including inspections and financing contingencies in their [...]

August 2023 Market Update

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Vermont Farmhouse on long dirt road in summer time

Let’s take stock. While the housing market has moved past the intense fervor that defined the last couple years, this does not imply the current market has come to a halt. In fact, buyer activity remains robust as demand continues to be strong across local markets. Despite challenges presented by inflation and the Federal Reserve’s response [...]

July 2023 Market Update

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Time and time again, we are inspired by the unwavering spirit of our fellow Vermonters, and reminded of why we love our beloved state. This month, we experienced heavy rainfall and devastating floods, but through it all, we’ve witnessed the true strength and character that defines Vermont. We want to take this moment to extend our deepest [...]

June 2023 Market Update

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dirt road in open field

The housing market continues to be dynamic. While inventory levels remained low, the remote work trend had enabled greater mobility in the marketplace as buyers were able to relocate from more populous urban areas. Our market in Vermont has observed an increase in out-of-state buyers, which [...]

May 2023 Market Update

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Rustic barn with daffodil blooms in spring

It's May, but the spring homebuying season has yet to bloom. At this point, there is a possibility that it may not happen at all. As we progress through this season, buyers and sellers are still in a stalemate. The ongoing problem is lack of inventory. With tight inventory in the housing market, prices have remained high, which in turn has [...]

April 2023 Market Update

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Weathered Vermont barn sits on freshly thawed spring lawn

Since the second half of last year, real estate headlines seem to have done more to terrify than clarify, leaving consumers uncertain and cautious. We’ve seen questions around interest rates, inventory, and drops in home prices, all of which have led to buyers and sellers reconsidering their plans. However, this winter we saw buyers [...]

March 2023 Market Update

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Snowy barn with mountain background and split rail fence

Buyer activity is certainly picking up in Vermont. The start of 2023 saw a lot of prospective buyers returning to the market due to declining mortgage rates. As that rush of activity has leveled off, we have seen sale prices respond with a continuation of their downward slide. There are mixed views as to how much more home prices will [...]

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