2025 Q2 Market Report

The second quarter of 2025 continued to reflect the evolving dynamics of the Stowe Area real estate market. While pricing pressure and buyer selectivity remain prominent, increased activity in some sectors—particularly the condo market in Stowe and select towns in Lamoille County—suggests renewed interest where affordability and value intersect.

Stowe

In the single-family home segment, Stowe saw declines across most key indicators. Sales dropped by 13%. However, new listings were only down by only 2%, which is consistent with the listing bump we have seen the past two years going into summer, unlike the prior three years.  Both average sold price, $1,375,419, and median sold price, $1,137,500, fell by nearly 13% and 25%, respectively, marking a meaningful correction within the market. Buyers took significantly longer to transact, with average days on market rising 137%. The list-to-sell price ratio remained high at 97%, only dipping slightly by 0.75%.

The condo market, by contrast, surged in Q2. Sales rose nearly 89%, and new listings more than doubled, up 116%. Average sold price, $1,045,151, and median sold price, $5205K, jumped 53% and 70%, respectively, reflecting increased activity at higher price points. Days on market held steady, decreasing slightly by 2.94%, and the average list-to-sale ratio improved by over 5%, indicating strong buyer demand for well-positioned, turnkey units.

Single-Family Homes

• Properties Sold: -13%

• Average Sold Price: -12.67%

• Median Sold Price: -24.71%

• New Listings: -2.17%

• Avg. Days on Market: +137.5%

• List-to-Sell Ratio: -0.75%

Condos

• Properties Sold: +88.89%

• Average Sold Price: +53.13%

• Median Sold Price: +70%

• New Listings: +116%

• Avg. Days on Market: -2.94%

• List-to-Sell Ratio: +5.05%

Lamoille County

Lamoille County’s real estate market remained active in Q2, with total sales across all property types up 14.06% compared to the same period last year. Buyers had slightly more options, as new listings increased by 5.59%. The average sold price rose by 1.46%, and the median price jumped 8%, indicating strength in both the mid-range and select higher-end segments. While homes are taking a bit longer to sell—average days on market increased by nearly 12%—properties are still trading close to asking, with a list-to-sell ratio of 99.29%, down just 0.71% from last year.

All Property Types

• Properties Sold: +14.06%

• Average Sold Price: +1.46%

• Median Sold Price: +8%

• New Listings: +5.59%

• Avg. Days on Market: +11.76%

• List-to-Sell Ratio: -0.71%
  
  

Local Highlights:

• Morristown: Single-family sales down 16%, new listings down 33%, median single-family price fell 7.26% to $543K. However, homes sold faster—DOM dropped 32% to 17 days.
  
  

• Hyde Park: Single-family sales up 50%, new listings down 67%, median price down 5.18% to $403K. Homes sat longer, with DOM increasing 420%.
  
  

• Johnson: Activity surged—sales up 25%, listings up 80%, and median price climbed 77% to $341K. Median days on market fell by 36%.
  
  

• Cambridge: Sales up 67%, listings up 80%, median price increased 11% to $438K. Homes sold quickly, with DOM down 50%.

Waterbury

Waterbury’s single-family home market cooled notably in Q2. Sales dropped 46%, though new listings surged nearly 71%, easing some inventory pressure. The average sold price dipped 2.3% to $396,685, while the median rose 9.32% to $390K, suggesting more activity in the mid-range. Days on market rose 14%, and the list-to-sell ratio fell by nearly 3%, indicating lengthier negotiations and increased pricing sensitivity.

Single-Family Homes

• Properties Sold: -45.45%

• Average Sold Price: -2.30%

• Median Sold Price: +9.32%

• New Listings: +70.59%

• Avg. Days on Market: +14.29%

• List-to-Sell Ratio: -2.97%

Overall Market Insights

Q2 2025 brought continued shifts in the Stowe Area real estate market. Stowe’s luxury single-family segment saw pricing corrections and extended days on market, while the condo sector surged, buoyed by increased inventory and strong demand for turnkey options. In Lamoille County, market momentum varied widely by town, with Johnson and Cambridge standing out for both price growth and reduced market time. Waterbury experienced a slowdown in sales but an encouraging rise in listings and resilience in median prices.

As we move deeper into the year, accurately priced, well-prepared homes are still drawing strong buyer interest. With buyer behavior shifting toward thoughtful decision-making, sellers must remain strategic. Meanwhile, buyers—especially those targeting mid-range or turnkey homes—will find expanded opportunity in a slightly more balanced landscape.

Curious what these trends mean for your property goals in 2025? Let’s connect. Our team of local experts is here to help you navigate this evolving market with clarity, confidence, and a strategy tailored to your success.