Market Report

Read This Before Renting Your Home!

Stowe has seen condominium sales, and prices, rise significantly in the last two years. Much if this is attributed to the announcement of Vail Resorts purchasing Stowe. The popularity of websites such as Airbnb and VRBO have created a new market for condominium and single family home owners to rent properties when not in use, or make investments as income producing properties. If you are thinking about purchasing and renting, or are already doing so, there are some important things you should know to ensure your and your renters safety:

  • Make sure to contact your insurance agent to include extra coverage for renters
  • Make sure to have the proper smoke and carbon monoxide detectors installed. In Vermont photoelectric smoke detectors are need to be in every sleeping room
  • A rental property falls under Vermont State safety requirements, so you will need to have a Fire and Safety inspection. For more information go to the State website here: http://firesafety.vermont.gov/

Please feel free to contact me any time regarding any questions you may have about anything that may relate to investing in properties, and/or renting.  The Town of Stowe is in the process of adopting some of these, and additional rules and regulations, so we can update you as well as guide you through this process, along with providing any key contacts to ensure your property is up to code and regulation.

 

The Stowe Area Market is Moving

The Stowe Area Real Estate Market is Moving

 

Real estate sales volume and selling prices were up in most categories for 2017

  • 5% increase in average sales price of single family homes 2017

  • 63% increase in condominiums sold 2017

  • 40% increase in land sold in 2017

  • Coldwell Banker Carlson Real Estate represented 29% of Stowe market in 2017

Call me today for a consultation on your property. I won't just list your property, I will enhance and promote your listing with the latest available technology to get it sold.

 

Click here for complete details on the area Real Estate Market

 

Jeff Beattie 802.371.7491

Real Estate Market Report - Year End 2015

Welcome to the Coldwell Banker Carlson Real Estate market report; a 2015 Year-End examination of the real estate market in the Stowe area.  This report uses market-wide data based on transactions that closed in 2015 in the Multiple Listing Service, and compares them to sales that took place during 2014.

In 2015 the Stowe market generally reflects that of the broader market throughout Vermont, and much of the nation.   Many analysts have reported a continuation of a “level-headed market”; much of which is probably due to very low levels of inventory. We are seeing one of the lowest levels of residential and land inventory, in recent memory.  Most of which is seen in the lower price ranges.  Despite these factors, the continuation of low interest rates, steady job growth, and buyer demand, should keep real estate sales heading in the right direction.  Sales in general, show continued stability.

Click here read the enitre Market Report

2015 Third Quarter Market Report

Sales See Stability Once Again

Click Here To View Report

Summer and autumn have brought gorgeous weather, record numbers of visitors; and the colors of fall foliage will peak soon.  Real estate activity in Stowe, and the surrounding area, continues to be steady.   Much like the first six months of the year, Q3 shows that Stowe residential sales continue to reflect the trend of a more typical and stable market.  

Outside Influences?

For the first 9 months of the year, the number of sales decreased 26% as compared to Q3 of 2014.  This slow down, while still stable, can possibly be attributed to factors outside of the Stowe market, like potential rising interest rates and unsettled financial markets. Click here to read my complete 2015 Third Quarter Market Report.


Feel free to call (802-371-7491) or write with any questions or for more information.

Stowe Area 2015 First Quarter Market Report

Snow, Cold and More Snow!

We are finally shaking off the long cold winter here in Stowe, but no one is complaining as Vermont experienced the best snow in the country this winter.  The amazing snow meant lots of visitors and lots of outdoor fun!  Now our attention is turning to warmer months and a more active market.Click here to review report

Stowe residential sales, a tale of two markets...

While there was a decline in sales in Q1 2015, 16, compared to Q1 2014, 24, what 2015 is showing is a strong and stable market...


Click here to read my complete 2015 First Quarter Market Report.


Feel free to call (802-371-7491) or write with any questions or for more information.