| Single-Family January-December 2023 | ||||
|---|---|---|---|---|
| Median Sale Price: | Average Sale Price: | Units Sold: | Newly Listed: | Days on Market: |
| $423,000 +7.8% | $598,858 +23.9% | 106 -23.2% | 145 -6.5% | 29 -25.6% |
| Condos January-December 2023 | ||||
|---|---|---|---|---|
| Median Sale Price: | Average Sale Price: | Units Sold: | Newly Listed: | Days on Market: |
| $425,000 -6.6% | $425,000 -6.6% | 1 0.0% | 1 -80.0% | 7 -74.1% |
With only 106 single-family homes sold in 2023, the data for Grand Isle County can be affected by smaller shifts in sales and homes coming on the market. While the number of homes sold dropped 23%, this is not a reflection of demand, but a result of the shortage of new listings. A median sale price increase of almost 8% is on par with the rest of northwest Vermont. Further, the average number of days on the market of 29 seems to indicate that buyers are ready, willing, and able to make a move when the right property becomes available.
| MEDIAN SALE PRICE | VS 2022 | UNITS SOLD | VS 2022 | NEWLY LISTED | VS 2022 | DAYS ON MARKET | |
|---|---|---|---|---|---|---|---|
| Grand Isle County Single-Family | $423,000 | 7.80% | 106 | -23.20% | 145 | -6.50% | 29 |
| Alburgh | $345,000 | 27.80% | 31 | -34.00% | 45 | -4.30% | 44 |
| Grand Isle | $505,000 | 18.80% | 27 | -6.90% | 34 | 9.70% | 32 |
| Isle La Motte | $380,000 | 14.60% | 15 | 7.10% | 19 | -13.60% | 27 |
| North Hero | $600,000 | 39.60% | 19 | -34.50% | 23 | -28.10% | 12 |
| South Hero | $754,000 | 19.70% | 14 | -26.30% | 24 | 4.40% | 13 |