Luxury Home Market Results

This custom-built home sits on 1.35 acres with 100 feet of private sandy beach & pristine waterfront on Lake Champlain. MLS# 4872242
Northwest Vermont Luxury January-June 2021
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$999,000 12.3%$1,176,597 -8.5%62 200%99 47.8%83 -23.2%
Chittenden County Luxury January-June 2021
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$1,037,500 16.7%$1,232,467 -5%44 144.4%75 63%48 -40.7%

The stunning increase in Luxury sales across northwest Vermont and the entire state in 2020 has continued through 2021. Driven by cash buyers from within Vermont, who desire high-end amenities, views, and additional flexible living space, plus out-of-state buyers moving out of metro areas and closer to family – the luxury market grew by 200%.

Luxury home sellers recognized the opportunity to right-size their lifestyle or capitalize on their strong equity position, taking their REALTOR’s advice and listing their homes earlier in the year. A 48% increase in new homes coming to market offered new opportunities for buyers who snapped up properties across the region – predominantly in Chittenden County, which accounted for 81% of the area’s luxury sales.

Internationally, Coldwell Banker agents transact $168 million in daily luxury sales, including more than 32,000 properties sold. Locally, our agents represented clients in 1 out of 3 luxury sales closed in northwest Vermont so far this year. Our agents and our marketing, including best-in-class domestic and global listing syndication and prestigious publications, are a remarkable force in the arena of high-end real estate.

*For this report, Luxury homes are defined as residential properties priced $850,000 or more.

AddressTownCountySale PriceDate Sold
25 Ministry LaneSouth HeroGrand Isle$850,000 2/16/2021
38 Cliff StreetBurlingtonChittenden$850,000 6/28/2021
5296 Dorset StreetShelburneChittenden$850,000 3/1/2021
117 Lakeview TerraceBurlingtonChittenden$870,000 3/19/2021
217 Heather LaneShelburneChittenden$875,000 3/16/2021
550 South Bay CircleColchesterChittenden$875,000 5/14/2021
76 St. Paul StreetBurlingtonChittenden$875,000 6/14/2021
1740 Hooker RoadLeicesterAddison$875,000 5/14/2021
1 Valley Watch RoadSt. Albans TownFranklin$880,000 1/29/2021
657 South Prospect StreetBurlingtonChittenden$880,000 6/1/2021
19 Harbor Watch RoadBurlingtonChittenden$885,000 1/29/2021
21 Chipman StreetSouth BurlingtonChittenden$890,530 4/30/2021
74 Bixby Hill RoadEssexChittenden$895,000 3/18/2021
40 College StreetBurlingtonChittenden$895,000 3/24/2021
1075 Grandey RoadAddisonAddison$895,000 6/18/2021
404 Ridgefield RoadShelburneChittenden$895,556 4/23/2021
42 Irish Farm RoadSouth BurlingtonChittenden$899,000 6/1/2021
276 Sherwood Forest RoadWillistonChittenden$900,000 5/25/2021
1222 Church Hill RoadCharlotteChittenden$900,000 6/30/2021
800 Maquam Shore RoadSt. Albans TownFranklin$905,000 1/29/2021
84 Deforest HeightsBurlingtonChittenden$908,000 6/7/2021
391 Southwind RoadHinesburgChittenden$915,000 6/4/2021
102 Adams StreetBurlingtonChittenden$925,000 5/28/2021
137 Ledge RoadBurlingtonChittenden$955,000 5/14/2021
47 Four Winds LaneNorth HeroGrand Isle$960,000 6/7/2021
55 Cliff StreetBurlingtonChittenden$965,000 6/17/2021
548 Ridgefield RoadShelburneChittenden$974,000 6/1/2021
2493 Lake StreetAddisonAddison$975,000 5/11/2021
410 Golf Course RoadSouth BurlingtonChittenden$985,000 2/10/2021
72 Porters Point CourtColchesterChittenden$987,500 6/1/2021
349 Morgan DriveShelburneChittenden$995,000 6/21/2021
3416 Harbor RoadShelburneChittenden$995,000 5/21/2021
300 Martel LaneSt. GeorgeChittenden$999,000 4/30/2021
1263 Church Hill RoadCharlotteChittenden$999,000 6/18/2021
373 Maeck Farm RoadShelburneChittenden$1,025,000 5/26/2021
273 West Shore RoadSouth HeroGrand Isle$1,050,000 4/29/2021
40 College StreetBurlingtonChittenden$1,050,000 2/26/2021
58 Featherbed LaneSouth HeroGrand Isle$1,051,000 6/10/2021
1721 Marble Island RoadColchesterChittenden$1,100,000 6/4/2021
158 Westview DriveShelburneChittenden$1,100,000 6/30/2021
6 Summit RidgeBurlingtonChittenden$1,100,000 6/7/2021
1490 Arnold Bay RoadPantonAddison$1,100,000 6/11/2021
48 Henderson TerraceBurlingtonChittenden$1,145,000 6/1/2021
339 Golf Course RoadSouth BurlingtonChittenden$1,150,000 4/14/2021
140 South Ridge RoadShelburneChittenden$1,165,000 1/5/2021
87 Pinecrest DriveEssexChittenden$1,175,000 6/30/2021
142 Acorn LaneShelburneChittenden$1,195,000 6/11/2021
311 Autumn Hill LaneShelburneChittenden$1,200,000 4/16/2021
166 Sutton Farm DriveWillistonChittenden$1,210,000 1/19/2021
294 Elm Point RoadAddisonAddison$1,225,000 5/28/2021
81 Gardenside LaneShelburneChittenden$1,232,500 4/30/2021
301 Appletree Point RoadBurlingtonChittenden$1,250,000 5/7/2021
2952 Greenbush RoadCharlotteChittenden$1,250,000 4/28/2021
1209 Cider Mill RoadCornwallAddison$1,250,000 1/28/2021
51 Depot RoadColchesterChittenden$1,325,000 4/27/2021
62 Overlake ParkBurlingtonChittenden$1,415,000 4/15/2021
1348 Irish Hill RoadShelburneChittenden$1,575,000 5/3/2021
1505 Dorset StreetSouth BurlingtonChittenden$1,575,000 5/28/2021
931 Red Rock RoadColchesterChittenden$2,209,000 5/27/2021
175 McGuire Pent RoadCharlotteChittenden$2,375,000 4/22/2021
3685 Harbor RoadShelburneChittenden$3,090,000 2/11/2021
11 Driftwood LaneBurlingtonChittenden$3,750,000 6/30/2021