Q1 2025 CBCRE Market Report

Q1 2025 Real Estate Market Report: Stowe, Lamoille County, and Waterbury, VT

The first quarter of 2025 brought a continued adjustment across the Stowe Area real estate markets. While pricing shifts and low inventory remain ongoing themes, buyer interest continues to show in specific segments—particularly where value and pricing align.

Stowe:

The single-family home market in Stowe experienced a notable shift. Sales volume declined by nearly 16%, and new listings fell by 13%, continuing the trend of constrained inventory. However, prices jumped significantly—average prices rose 33% and median prices surged nearly 68% year-over-year. The average price for a single-family home in Stowe remains above the $1 million mark, with the average single-family home now selling for $1.23 million, up from $1.07 million a year ago. Buyers continued to move cautiously—average days on market increased from 26 to 97. Homes sold at an average of 94% of the last list price, highlighting the importance of accurate pricing.

In contrast, the condo market was up: sales increased by 30%, and new listings jumped nearly 43%. While the average price increased 4% to $1 million, the median price dropped nearly 26% to $421K, likely due to a cluster of lower-priced units closing. That said, days on market decreased by 35%, and the average list-to-sale price rose to 98%, indicating strong demand for turnkey and lower-maintenance options.

Single-Family Homes:

• Properties Sold: -15.38%
  
  

• Average Sold Price: +32.96%
  
  

• Median Sold Price: +67.86%
  
  

• New Listings: -13.33%
  
  

• Average Days on Market: +273%
  
  

• Median Days on Market: +988%
  
  

Condos:

• Properties Sold: +30%
  
  

• Average Sold Price: +4.16%
  
  

• Median Sold Price: -25.97%
  
  

• New Listings: +42.86%
  
  

• Average Days on Market: -35.53%
  
  

• Median Days on Market: -10.53%
  
  

  Click here to see the Stowe stats!

Lamoille County (Excluding Stowe):

Lamoille County’s single-family home sales volume remained flat compared to Q1 2024, but saw an 8% increase in new listings. The average sales price rose slightly to $472K (+3%), while the median fell by 22%, to $400K. Buyers are taking longer to commit—days on market increased by nearly 34%.

In broader metrics across all property types, properties sold rose by 21% and new listings by 16%, but pricing remained mixed. The list-to-sell ratio for single-family homes held steady at 95%, suggesting that when homes are priced right, they’re still trading close to asking.

All Property Types:

• Properties Sold: +20.97%
  
  

• Average Sold Price: +3.11%
  
  

• Median Sold Price: -22.13%
  
  

• New Listings: +16%
  
  

• Average Days on Market: +3.28%
  
  

• Median Days on Market: +109.09%
  
  

In the single-family home segment:

• Properties Sold: 0%
  
  

• New Listings: +8%
  
  

• Average Days on Market: +33.96%
  
  

Local Highlights:

• Morristown: Sales down 18%, prices down 9%, days on market (DOM) nearly doubled to 34%

• Hyde Park: Sales up 166%, new listings up 80%, median DOM up to 49 from 6

• Elmore: No sales this quarter (down 33%)

• Johnson: Sales flat, median prices fell 54%, listings up 25%

• Cambridge: Sales up 100%, new listings up 60%, days on market remain flat

Click here to see the Lamoille stats!

Waterbury:

Waterbury's single-family home market saw a sharp rebound in activity, with a 133% increase in properties sold—though only 7 homes traded hands in Q1. New listings were limited, dropping 22%, reinforcing ongoing inventory challenges in Waterbury. Despite more sales, pricing pulled back slightly. The average price dipped by 5.62%, and the median fell 30%, reflecting a smaller sample size. Days on market skyrocketed from just 9 days in Q1 2024 to 80 days in Q1 2025, but notably, homes still sold above asking, with a 108% list-to-sale ratio.

Single-Family Homes:

• Properties Sold: +133.33%
  
  

• Average Sold Price: -5.62%
  
  

• Median Sold Price: -30%
  
  

• New Listings: -22.22%
  
  

• Average Days on Market: +788.89%
  
  

• Median Days on Market: +1000%
  
  

Click here to see the Waterbury stats!

Overall Market Insights:

The first quarter of 2025 reflected a market still adjusting to a post-pandemic world, with buyers showing increased selectivity and homes taking longer to sell across most segments. In Stowe, higher-end sales pushed average prices up, but fewer listings and significantly longer days on market signaled a more cautious buyer pool. Meanwhile, more accessible segments—like condos and mid-range single-family homes—saw stronger activity and faster sales, especially when priced and presented well.

Inventory remains tight in places like Waterbury and Stowe’s single-family market, but there are encouraging signs in Lamoille County and the Stowe condo segment, where new listings increased. While bidding wars are no longer the norm, select properties—especially in low-inventory areas—are still selling over asking. Sellers should focus on strategic pricing and presentation, while buyers may find opportunities in expanding inventory.

Understanding the latest market trends is essential whether you're buying, selling, or simply exploring your options. With inventory shifting, buyer behavior evolving, and pricing strategies more important than ever, now is the time to partner with a local expert.

Contact our team, your trusted real estate advisor, today to discuss what these Q1 2025 insights mean for your goals—and how to position yourself for success in 2025.