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Town is Quiet; Real Estate is Not

It is really starting to feel like spring! Although the snow has been off the mountain for some time things are finally greening up. Town is a little quieter, some restaurants are closed for a few weeks and the Town has started street sweeping.

Meanwhile the office is busy: preparing new listings, showing our current inventory and negotiating offers. Although town may feel quiet real estate isn't. A combination of factors seem to be a play: continued low interest rates, reduced inventory (almost back to 2008 levels), and motivated buyers and sellers.

2011 was another interesting year with median selling prices down again but units sales still increasing for the 3rd year in a row.

 
Stowe, Vermont Unit Residental Units Sales
 
 

Graph Showing Units Sales for Residential, Condminium and Land in Stowe, VT

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