As we move into Vermont's midsummer market, residential sales over $1 million increased 19% year-over-year, while total dollar volume rose 23%.

At first glance, the increase in dollar volume might suggest that luxury home prices have risen significantly. However, dollar volume reflects both the number of homes sold and their [...]

 

While Vermonts luxury real estate market continues to see robust saleswith $1 million+ volume up 16% year-over-year*the landscape is shifting. Inventory has expanded significantly. Months of Inventory** have risen from approximately 4 to 12 months, tipping the scales in favor of buyers for the first time since before the pre-pandemic, [...]