Top Small Teams in Vermont – Ranked By Sides

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2023 Vermont Housing Market Summary

Vermont started 2023 with a total of 673 single-family homes on the market, with a median home price of $425,000 and an average price per square foot of $264. By the end of the year, inventory had increased to 892 homes on the market (+32%), with a median home price of $499,000 (+17%) and an average price per square foot of $305 (+15%).

At the start of 2023, the median days on market (DOM) was 98 days – by the end of the year, median DOM had decreased to 84 days.

Vermont started the year with 28% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 25% of Vermont homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Vermont started 2023 as a strong seller’s market, with an MAI score of 45; by the end of the year, the MAI had dropped to 34 – a balanced buyer and seller’s market.

This market summary is powered by Altos Research – click here to run a free report for your area.

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