{"id":5115,"date":"2025-09-19T15:29:22","date_gmt":"2025-09-19T19:29:22","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=5115"},"modified":"2025-09-19T15:29:23","modified_gmt":"2025-09-19T19:29:23","slug":"mid-year-2025-market-report","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2025\/09\/mid-year-2025-market-report\/","title":{"rendered":"MID-YEAR 2025 MARKET REPORT"},"content":{"rendered":"\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image wp-image-5116 size-large\">\n<figure class=\"alignleft\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/01\/eagles-rest-shelburne-vermont-luxury-home-1024x576.jpg\" alt=\"\" class=\"wp-image-5116\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/01\/eagles-rest-shelburne-vermont-luxury-home-1024x576.jpg 1024w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/01\/eagles-rest-shelburne-vermont-luxury-home-300x169.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/01\/eagles-rest-shelburne-vermont-luxury-home-768x432.jpg 768w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/01\/eagles-rest-shelburne-vermont-luxury-home.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/www.hickokandboardman.com\/real-estate\/shelburne\/225-eagles-rest-road\/5045896.html\">225 Eagles Rest Road, Shelburne, VT<\/a> ~ This priceless Lake Champlain legacy waterfront home is a timeless masterpiece nestled on 12 private acres with approximately 830 feet of Shelburne Point waterfront &#8211; including an extraordinary 450 feet of rare sandy beach.<\/figcaption><\/figure><\/div>\n\n<div id=\"elevenlabs-audionative-widget\" data-height=\"90\" data-width=\"100%\" data-frameborder=\"no\" data-scrolling=\"no\" data-publicuserid=\"7f5a0832d04d06ebe4ca931cfa9cb2e0a1d8e0132a02f8e0a4f528315c7ceef9\" data-playerurl=\"https:\/\/elevenlabs.io\/player\/index.html\" data-projectid=\"7w3PQRAtU18zAJLWgQla\">Loading the <a href=\"https:\/\/elevenlabs.io\/text-to-speech\" target=\"_blank\" rel=\"noopener\">Elevenlabs Text to Speech<\/a> AudioNative Player&#8230;<\/div>\n<p><script src=\"https:\/\/elevenlabs.io\/player\/audioNativeHelper.js\" type=\"text\/javascript\"><\/script><\/p>\n\n\n<article><p>Both the <strong>U.S. and <a href=\"https:\/\/www.hickokandboardman.com\/vermont-property-search-results\/status_active_active-with-contract\/quick.html\">Vermont real estate<\/a> markets <\/strong>are exhibiting <strong>stability<\/strong> and <strong>signs of long-term health<\/strong>. While some local markets are seeing slight price corrections due to rising inventory and more balanced supply\/demand dynamics, these shifts are part of a necessary and sustainable market normalization.<\/p>\n\n\n\n<table id=\"tablepress-607\" class=\"tablepress tablepress-id-607 market_averages tablepress-responsive\">\n<thead>\n<tr class=\"row-1\">\n\t<th colspan=\"3\" class=\"column-1\">Single-Family January-June 2025<\/th><th class=\"column-4\"><\/th><th class=\"column-5\"><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Median Sale Price:<\/td><td class=\"column-2\">Average Sale Price:<\/td><td class=\"column-3\">Units Sold:<\/td><td class=\"column-4\">Newly Listed:<\/td><td class=\"column-5\">Days on Market:<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">$500,000   |   5.3%<\/td><td class=\"column-2\">$571,265   |   3.1%<\/td><td class=\"column-3\">1,005   |   8.9%<\/td><td class=\"column-4\">1,723   |    20.1%<\/td><td class=\"column-5\">43   |   4.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-607 from cache -->\n\n\n<table id=\"tablepress-608\" class=\"tablepress tablepress-id-608 market_averages tablepress-responsive\">\n<thead>\n<tr class=\"row-1\">\n\t<th colspan=\"3\" class=\"column-1\">Condos January-June 2025<\/th><th class=\"column-4\"><\/th><th class=\"column-5\"><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Median Sale Price:<\/td><td class=\"column-2\">Average Sale Price:<\/td><td class=\"column-3\">Units Sold:<\/td><td class=\"column-4\">Newly Listed:<\/td><td class=\"column-5\">Days on Market:<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">$370,000   |   7.3%<\/td><td class=\"column-2\">$407,904   |   3.2%<\/td><td class=\"column-3\">305   |   -10.8%<\/td><td class=\"column-4\">494   |   -0.2%<\/td><td class=\"column-5\">42   |   90.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-608 from cache -->\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/24166635\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/24166635\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n\n\n<p>At the <strong>national level, housing experts remain optimistic. <\/strong>According to the latest Home Price Expectations Survey from Fannie Mae, over 100 leading economists and <strong>analysts predict<\/strong> that <strong>home prices will continue to rise<\/strong> over the next five years, <strong>averaging 3.3% annual appreciation <\/strong>through 2029. Even the <strong>most conservative projections<\/strong> still forecast <strong>annual gains of 1.3%<\/strong>, while <strong>optimists expect growth closer to 5%<\/strong>. Crucially, no group surveyed anticipates a decline in national home values, thanks to factors such as low foreclosure rates, stable lending, and near-record levels of homeowner equity.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.hickokandboardman.com\/maintaining-your-home.html?search=Mortgage%20Services&amp;type=I62\" data-type=\"link\" data-id=\"https:\/\/www.hickokandboardman.com\/maintaining-your-home.html?search=Mortgage%20Services&amp;type=I62\">Mortgage rates<\/a> remain a headwind for many buyers,<\/strong> but the pressure is easing. The average 30-year fixed <strong>mortgage rate now stands at 6.72%, down 17 basis points <\/strong>from this time last year. This<strong> modest shift <\/strong>has <strong>spurred a meaningful rebound in buyer activity<\/strong>: purchase <strong>applications are up 25%. <\/strong>As mortgage rates continue a gradual downward trend, buyer confidence appears to be strengthening across many regions. Most c<strong>onsumers now accept that mortgage rates will not return <\/strong>to the historically <strong>low 3.0-4.0% range.<\/strong> <a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/trends\/\" data-type=\"link\" data-id=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/trends\/\">Learn more about local mortgage trends from Union Bank.<\/a><\/p>\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/24162204\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/24162204\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n\n\n<p>Inventory is also improving nationally. While some seasonal dips have occurred\u2014particularly around the July 4th holiday\u2014the overall trend is upward. <strong>New listings are increasing, and price reductions are becoming more common,<\/strong> a <strong>sign that sellers are adjusting expectations<\/strong> in response to rising <strong>competition <\/strong>and <strong>elevated borrowing costs<\/strong>. At the same time, <strong>homeowner equity remains a powerful market stabilizer<\/strong>. More than<strong> 82% of U.S. homeowners have at least 30% equity<\/strong>, and the national <strong>loan-to-value ratio is at a low 46.9%<\/strong>. In Vermont, over <strong>85% of homeowners are equity rich<\/strong>, meaning they have <strong>at least 50% equity in their property;<\/strong> making <strong>sellers well positioned <\/strong>for their next move. With the majority of <strong>homeowners locked into long-term, fixed-rate loans<\/strong> and experiencing wage growth, there\u2019s <strong>little pressure to sell under duress.<\/strong><\/p>\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/24166775\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/24166775\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n\n\n<h2 class=\"wp-block-heading\"><strong>What are the latest market trends in Vermont real estate?<\/strong><\/h2>\n\n\n\n<p>In <strong>Vermont, the market reflects many of these national patterns<\/strong> but also exhibits some unique local dynamics. In northwest and central Vermont, the <strong>median sale price for single-family homes has climbed to $500,000, a 5.26% increase from last year<\/strong>. This marks a<strong> continuation of an eight-year trend<\/strong> that has seen <strong>prices rise nearly 89% since 2017.<\/strong> Sales volume is also up, with <strong>1,005 homes sold so far this year<\/strong>\u2014a <strong>9% increase over 2024.<\/strong> Homes are <strong>taking slightly longer to sell<\/strong>, with the average days on market rising to 43, indicating a return to more thoughtful, <strong>less hurried decision-making among buyers<\/strong>.<\/p>\n\n\n\n<p>The<a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/luxury\/\" data-type=\"link\" data-id=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/luxury\/\"> <strong>luxury real estate market <\/strong><\/a>across the United States and in Vermont is <strong>evolving<\/strong> into a more <strong>balanced, strategic space<\/strong> where <strong>buyers are discerning<\/strong>, sellers must be thoughtful, and opportunities are still available.<\/p>\n\n\n\n<p>Despite <strong>global economic uncertainty<\/strong>, the upper tier of the <strong>housing market is proving its resilience<\/strong>\u2014<strong>fueled by equity gains, wealth preservation strategies, and shifting generational demand.<\/strong><br>The <a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/multi-family\/\" data-type=\"link\" data-id=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/multi-family\/\"><strong>multi-family sector<\/strong><\/a> is the <strong>standout performer in Vermont,<\/strong> with median sale <strong>prices up 26.9%<\/strong> and average sale prices up over 33%. <strong>Units sold are up nearly 28%<\/strong>, fueled by <strong>investor activity and demand for flexible housing<\/strong> options. <strong>Condo prices also rose (up 7.25%)<\/strong>, though the number of <strong>units sold declined<\/strong>, potentially due to <strong>supply limitations or shifting affordability<\/strong>. The<strong> <a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/land\/\" data-type=\"link\" data-id=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/market\/land\/\">land segment<\/a> <\/strong>saw an<strong> 8% decline in median sale price<\/strong>, yet <strong>sales still rose by 3.57%<\/strong>, highlighting continued interest in development opportunities.<\/p>\n\n\n\n<p><strong>Buyers in Vermont,<\/strong> like their national counterparts, are <strong>gaining more time to explore<\/strong> and <strong>negotiate<\/strong>. Inventory is expanding, with <strong>new listings<\/strong> for single-family homes <strong>up 20%<\/strong>, and <strong>sellers are<\/strong> responding by <strong>pricing more strategically<\/strong>. The high equity environment and steady wage growth among Vermont homeowners offers a strong financial foundation that helps maintain market confidence.<\/p><\/article>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/24184555\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/24184555\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n<figcaption class=\"wp-element-caption\">Coldwell Banker Hickok &#038; Boardman ranked the #1 Real Estate Company in the State of Vermont according to PrimeMLS<\/figcaption>\n\n\n\n<p>  <\/p>\n\n\n\n<p>Footnotes:<\/p>\n\n\n\n<ol>\n<li>PrimeMLS, <em><a href=\"https:\/\/primemls.com\/\" data-type=\"link\" data-id=\"https:\/\/primemls.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">PrimeMLS.com<\/a><\/em>, <\/li>\n\n\n\n<li>Fannie Mae, <em><a href=\"https:\/\/www.fanniemae.com\/data-and-insights\/surveys-indices\/home-price-expectations-survey-hpes\" data-type=\"link\" data-id=\"https:\/\/www.fanniemae.com\/data-and-insights\/surveys-indices\/home-price-expectations-survey-hpes\" target=\"_blank\" rel=\"noreferrer noopener\">Home Price Expectations Survey (HPES)<\/a><\/em>, <\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Loading the Elevenlabs Text to Speech AudioNative Player&#8230; Both the U.S. and Vermont real estate markets are exhibiting stability and signs of long-term health. While some local markets are seeing slight price corrections due to rising inventory and more balanced supply\/demand dynamics, these shifts are part of a necessary and sustainable market normalization. At the &#8230; <a class=\"read-more\" href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2025\/09\/mid-year-2025-market-report\/\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5115"}],"collection":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/comments?post=5115"}],"version-history":[{"count":27,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5115\/revisions"}],"predecessor-version":[{"id":5449,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5115\/revisions\/5449"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=5115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=5115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=5115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}