Vermont Luxury Real Estate Market

1108 Quarry Road, Middlebury, VT ~ Tucked away with views of the Green Mountains is this 14-acre haven of unspoiled woodland beauty surrounding a large pond.
Single-Family January-December 2023
Median Sale Price:Average Sale Price:Units Sold:Newly Listed:Days on Market:
$1,300,000 0% $1,503,209 -10.7%103 +13.2%86 -4.4%42 +5%

In the luxury market (defined in this report as residential properties with a sale price of $1,000,000 or more), the median sale price remained steady at $1,300,000 while the number of sales increased by 13% to 103 units. With many high-end buyers paying cash for their purchase, the rising mortgage rates had less impact on this segment of the market. Agents reported a solid number of showings for new listings as buyers looked outside of Burlington and lakefront properties to meet their needs. Locally our agents closed 1 in 4 luxury transactions in northwest Vermont – far more than any company in our area.

Our skilled agents and our 360-degree marketing approach combine to share the beauty of luxury homes with an affluent audience locally, nationally, and globally. Many of our agents are certified as Luxury Property Specialists. Aligning them with the best among Coldwell Banker agents. In 2023, Coldwell Banker affiliated agents achieved tremendous results with $267 million in Luxury closed sales daily and an average sale price of $1,900,000 worldwide.

CountyTop townsUnits ClosedMedian Sale PriceAverage Sale PriceLowHigh
Addison13$1,512,500$1,824,269$1,015,000$3,450,000
Leicester4$1,265,000$1,264,375$1,015,000$1,512,500
Panton3$2,450,000$2,318,833$1,906,500$2,600,000
Salisbury2$1,225,750$1,225,750$1,140,000$1,311,500
Chittenden76$1,245,000$1,410,402$1,000,000$3,169,000
Burlington20$1,210,000$1,367,950$1,000,000$2,900,000
Charlotte9$1,615,000$1,708,333$1,100,000$2,340,000
Colchester6$1,232,500$1,388,333$1,010,000$2,315,000
Essex3$1,250,000$1,288,333$1,240,000$1,375,000
Richmond8$1,238,000$1,435,583$1,055,833$2,300,000
Shelburne16$1,273,000$1,424,031$1,000,000$3,169,000
South Burlington6$1,127,500$1,285,407$1,055,000$1,902,445
Underhill2$1,137,500$1,137,500$1,075,000$1,200,000
Williston4$1,172,500$1,276,500$1,000,000$1,760,000
Franklin3$1,110,000$1,409,166$1,100,000$2,017,500
Grand Isle11$1,499,900$1,790,627$1,000,000$3,200,000
Grand Isle5$2,500,000$2,409,400$1,297,000$3,200,000
South Hero4$1,424,950$1,393,725$1,000,000$1,725,000
Lamoille74$1,522,500$1,863,649$1,000,000$4,600,000
Stowe70$1,542,292$1,901,771$1,027,000$4,600,000
Hyde Park1$1,755,000$1,755,000$1,755,000$1,755,000
Morristown2$1,015,500$1,015,500$1,000,000$1,031,000
Washington26$1,275,000$1,415,038$1,000,000$3,750,000
Fayston4$1,590,000$1,595,000$1,400,000$1,800,000
Warren6$1,342,500$1,709,166$1,150,000$3,750,000
Waterbury9$1,200,000$1,196,333$1,000,000$1,500,000
Woodbury2$1,343,500$1,343,500$1,192,000$1,495,000