Luxury Home Sales Continue to Grow in Northwest Vermont

Renovated expanded cape with large 3-story boat barn and waterfront lot with dock across the street in Charlotte.  MLS# 4789298
Luxury Homes   
Median Sale Price:Units Sold:Newly ListedDays on Market:
$968,000 -5.7%66 +26.9%113 -5.8%)123 -15.2%

Luxury Home sales, defined as $850,000 and above, in Northwest Vermont have continued to grow increasing 32% since 2016.

Nationally, the luxury market has slowed, but Vermont remains one of the most affordable luxury home markets in New England – which may be bolstering sales here. Local lenders report that Jumbo loans remain remarkably competitive offering favorable options for luxury home buyers, as well.

In Chittenden County, 49 luxury sales were closed, including homes in downtown Burlington, on spacious lots with views in Shelburne & Charlotte, along the popular Spear Street in South Burlington, as well as on the Lake Champlain shoreline.

Luxury sales of country homes in Addison County and lakefront homes in Grand Isle County rounded out the luxury market for 2019.

Many homes in the luxury category went “under contract” within just days of coming on the market demonstrating pent-up demand of buyers waiting for a home in the right location offering the the right amenities. The average “days on market” of 123 days is inflated by some of the special properties on the upper end of the market.

AddressTownCountySale Price
308 South Prospect StreetBurlingtonChittenden$850,000
2952 Greenbush RoadCharlotteChittenden$850,000
35 Cherry StreetBurlingtonChittenden$850,000
258 Summer Point LaneFerrisburghAddison$850,000
33 Burke RoadOrwellAddison$850,000
197 Pease Mountain RoadCharlotteChittenden$855,000
8 Hall RoadSouth HeroGrand Isle$862,000
2385 Shelburne Falls RoadHinesburgChittenden$862,500
345 Morgan DriveShelburneChittenden$870,000
25 Bayview StreetBurlingtonChittenden$880,000
1723 Marble Island RoadColchesterChittenden$880,000
51 Muddy Dog RunWestfordChittenden$890,000
1567 Morgan Horse Farm RoadWeybridgeAddison$890,000
622 Ridgefield RoadShelburneChittenden$892,500
338 Golf Course RoadSouth BurlingtonChittenden$900,000
345 Meadowridge RoadWillistonChittenden$900,000
6 Park RoadSouth BurlingtonChittenden$908,500
404 Staton DrivePantonAddison$910,850
1406 Spear StreetSouth BurlingtonChittenden$920,000
1490 Arnold Bay RoadPantonAddison$939,000
5520 Sand RoadFerrisburghAddison$939,000
127 Prindle RoadCharlotteChittenden$945,000
263 Golf Course RoadSouth BurlingtonChittenden$945,000
108 Brigham Hill RoadEssexChittenden$949,000
203 Nobles Hill RoadIsle La MotteGrand Isle$950,000
4 Fairholt DriveBurlingtonChittenden$950,000
282 Clearwater RoadShelburneChittenden$950,000
480 Staton DrivePantonAddison$961,000
161 Deforest RoadBurlingtonChittenden$975,000
366 Black Willow LaneCharlotteChittenden$989,000
146 Simmons DriveShelburneChittenden$990,000
35 Edgewood RoadCornwallAddison$1,000,000
608 Hills Point RoadCharlotteChittenden$1,015,000
1397 Spear StreetSouth BurlingtonChittenden$1,030,000
582 Autumn Hill LaneShelburneChittenden$1,040,000
7 Surf RoadBurlingtonChittenden$1,050,000
33 East Shore North RoadGrand IsleGrand Isle$1,080,000
3412 Harbor RoadShelburneChittenden$1,100,000
11 Adams Landing ExtensionGrand IsleGrand Isle$1,125,000
3410 Harbor RoadShelburneChittenden$1,125,000
265 Buff Ledge RoadColchesterChittenden$1,136,500
6135 Mt. Philo RoadCharlotteChittenden$1,150,000
274 Pine Haven Shores LaneShelburneChittenden$1,150,000
358 Golf Course RoadSouth BurlingtonChittenden$1,150,358
293 Mead Farm RoadHinesburgChittenden$1,200,000
24 Sunset Cliff RoadBurlingtonChittenden$1,200,000
289 Upper Old Town TrailCharlotteChittenden$1,250,000
294 Pine Haven Shores LaneShelburneChittenden$1,250,000
1283 Cheesefactory RoadShelburneChittenden$1,400,000
40 College StreetBurlingtonChittenden$1,400,000
793 Orchard RoadCharlotteChittenden$1,530,000
301 West Shore RoadSouth HeroGrand Isle$1,625,000
1400 Spear StreetSouth BurlingtonChittenden$1,650,000
321 Crooked Creek RoadColchesterChittenden$1,750,000
1054 Sherman HollowHinesburgChittenden$1,775,000
96 Cliff StreetBurlingtonChittenden$1,925,000
147 Appletree Point RoadBurlingtonChittenden$2,185,000
252 Windmill Bay RoadShelburneChittenden$2,500,000
3611 Harbor RoadShelburneChittenden$2,681,000
222 Deer Point RoadCharlotteChittenden$3,300,000
311 Whalley RoadCharlotteChittenden$3,540,000
203 Pheasant Hill LaneShelburneChittenden$3,710,000