Lamoille County Market Results

Jeffersonville Dream Come True
Well maintained & updated 3 bedroom, 2.5 bath sunlit Cape, located near the end of a sleepy cul-de-sac just minutes away from all that Jeffersonville has to offer. Cambridge
Single-Family Q1 2023
New ListingsUnits SoldMedian Sold PriceDays on Market
53 (-21%)42 (-31%)
$498K (+14%)
24 (+60%)
Condos Q1 2023
New ListingsUnits SoldMedian Sold PriceDays on Market
37 (+23%)28 (+27%)
$463K (+26%)
27 (-6.90%)

 

Lamoille County‘s single-family home market saw a decline in both sales volume and new listings in the first quarter of 2023, with a drop of approximately 31% and 21%, respectively, compared to the same period last year.

Despite the lower sales volume and limited inventory, the median sold price for single-family homes in the county increased by approximately 14.7% year-over-year, indicating continued strong demand in this segment of the market.

The condo market in Lamoille County fared better, with a median price increase of around 26% compared to the first quarter of 2022, and an increase in both sales volume (27.7%) and new listings (23%) for condos. This suggests that the condo market may be a more attractive option for buyers in this area, given the limited inventory for single-family homes.

 

NEW LISTINGSVS Q1 2021PROPERTIES SOLDVS Q1 2021MEDIAN SOLD PRICEVS Q1 2021MEDIA DOM
Belvidere2100% 1-50% $360 K6.67% 3
Single Family2100% 1-50% $360 K6.67% 3
Condo00$00
Cambridge11-15% 12-7.69% $300 K30% 27
Single Family60.00% 1043% $304 K-7.88% 27
Condo5-29% 2-67% $300 K74% 196
Eden3200% 2-50% $233 K-21% 7
Single Family3200% 2-50% $233 K-21% 7
Condo00$00
Elmore11-75% $500 K4.17% 58
Single Family11-75% $500 K4.17% 58
Condo00$00
Hyde Park5-55% 3-40% $300 K-9.37% 7
Single Family5-55% 3-40% $300 K-9.37% 7
Condo00$00
Johnson2-71% 3-40% $389 K3.18% 23
Single Family2-71% 3-40% $389 K3.18% 23
Condo00$00
Morristown19-14% 10-38% $350 K-11% 8
Single Family17-19% 8-50% $420 K6.34% 8
Condo2100% 2$273 K16
Stowe4313% 3719% $968 K-0.72% 35
Single Family13-19% 13-13% $1.20 M-29% 42
Condo3036% 2450% $705 K34% 30
Wolcott350% 1-67% $495 K32% 42
Single Family350% 1-67% $495 K32% 42
Condo00$00
Total90-7.22% 70-16% $484 K16% 25
Single Family53-21% 42-31% $498 K14% 24
Condo3723% 2827% $463 K26% 27