{"id":5226,"date":"2025-07-23T11:48:50","date_gmt":"2025-07-23T15:48:50","guid":{"rendered":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/?p=5226"},"modified":"2026-02-05T15:42:57","modified_gmt":"2026-02-05T20:42:57","slug":"luxury-real-estate-market-2025luxury","status":"publish","type":"post","link":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2025\/07\/luxury-real-estate-market-2025luxury\/","title":{"rendered":"Luxury Real Estate Market 2025"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/25-Oakledge-Drive-Burlington-VT.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/25-Oakledge-Drive-Burlington-VT-1024x576.jpg\" alt=\"\" class=\"wp-image-5227\" srcset=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/25-Oakledge-Drive-Burlington-VT-1024x576.jpg 1024w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/25-Oakledge-Drive-Burlington-VT-300x169.jpg 300w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/25-Oakledge-Drive-Burlington-VT-768x432.jpg 768w, https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-content\/uploads\/2025\/07\/25-Oakledge-Drive-Burlington-VT.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/www.hickokandboardman.com\/real-estate\/burlington\/25-oakledge-drive\/5039447.html\" data-type=\"link\" data-id=\"https:\/\/www.hickokandboardman.com\/real-estate\/burlington\/25-oakledge-drive\/5039447.html\">25 Oakledge Drive, Burlington, VT<\/a> &#8211; This home offers breathtaking views of <a href=\"https:\/\/www.hickokandboardman.com\/vermont\/special-markets\/homes-sale-lake-champlain.html\" data-type=\"link\" data-id=\"https:\/\/www.hickokandboardman.com\/vermont\/special-markets\/homes-sale-lake-champlain.html\">Lake Champlain<\/a>, the Adirondack Mountains, and Shelburne Point from nearly every room, creating a perfect blend of privacy, natural beauty, and urban convenience.<\/figcaption><\/figure>\n\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=\"bT2Jj23Zt6MApb8wcRs9\">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<table id=\"tablepress-631\" class=\"tablepress tablepress-id-631 tablepress-responsive\">\n<thead>\n<tr class=\"row-1 odd\">\n\t<th class=\"column-1\"><\/th><th class=\"column-2\">Median Price<\/th><th class=\"column-3\">VS 2024<\/th><th class=\"column-4\">Units Sold<\/th><th class=\"column-5\">VS 2024<\/th><th class=\"column-6\">New Listings<\/th><th class=\"column-7\">VS 2024<\/th><th class=\"column-8\">Average DOM<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\">\n<tr class=\"row-2 even\">\n\t<td class=\"column-1\">All Five Counties<\/td><td class=\"column-2\"> $1,512,500 <\/td><td class=\"column-3\">-8.3%<\/td><td class=\"column-4\">42<\/td><td class=\"column-5\">50.0%<\/td><td class=\"column-6\">23<\/td><td class=\"column-7\">-0.5<\/td><td class=\"column-8\">83<\/td>\n<\/tr>\n<tr class=\"row-3 odd\">\n\t<td class=\"column-1\">Chittenden County<\/td><td class=\"column-2\"> $1,512,500 <\/td><td class=\"column-3\">-8.3%<\/td><td class=\"column-4\">28<\/td><td class=\"column-5\">64.7%<\/td><td class=\"column-6\">18<\/td><td class=\"column-7\">-0.3333<\/td><td class=\"column-8\">67<\/td>\n<\/tr>\n<tr class=\"row-4 even\">\n\t<td class=\"column-1\">Addison County<\/td><td class=\"column-2\"> $3,200,000 <\/td><td class=\"column-3\">77.8%<\/td><td class=\"column-4\">1<\/td><td class=\"column-5\">-66.7%<\/td><td class=\"column-6\"><\/td><td class=\"column-7\">0<\/td><td class=\"column-8\">533<\/td>\n<\/tr>\n<tr class=\"row-5 odd\">\n\t<td class=\"column-1\">Franklin County<\/td><td class=\"column-2\"> $1,359,000 <\/td><td class=\"column-3\">&#8211;<\/td><td class=\"column-4\">1<\/td><td class=\"column-5\">0.0%<\/td><td class=\"column-6\">1<\/td><td class=\"column-7\">0<\/td><td class=\"column-8\">1<\/td>\n<\/tr>\n<tr class=\"row-6 even\">\n\t<td class=\"column-1\">Grand Isle County<\/td><td class=\"column-2\"> $1,399,900 <\/td><td class=\"column-3\">&#8211;<\/td><td class=\"column-4\">3<\/td><td class=\"column-5\">0.0%<\/td><td class=\"column-6\">2<\/td><td class=\"column-7\">-0.5<\/td><td class=\"column-8\">8<\/td>\n<\/tr>\n<tr class=\"row-7 odd\">\n\t<td class=\"column-1\">Washington County<\/td><td class=\"column-2\"> $1,550,000 <\/td><td class=\"column-3\">-1.5%<\/td><td class=\"column-4\">9<\/td><td class=\"column-5\">12.5%<\/td><td class=\"column-6\">2<\/td><td class=\"column-7\">-0.7778<\/td><td class=\"column-8\">115<\/td>\n<\/tr>\n<tr class=\"row-8 even\">\n\t<td class=\"column-1\">Lamoille County<\/td><td class=\"column-2\"> $1,700,000 <\/td><td class=\"column-3\">6.3%<\/td><td class=\"column-4\">126<\/td><td class=\"column-5\">13.5%<\/td><td class=\"column-6\"><\/td><td class=\"column-7\"><\/td><td class=\"column-8\">109<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-631 from cache -->\n\n\n<p><strong>Nationally, luxury home prices remain strong.<\/strong> <strong>Median sold prices for single-family luxury homes increased 1.8% year-over-year<\/strong>, while <strong>attached properties (such as high-end condos and townhomes) saw 8.4% year-over-year growth<\/strong>, and an <strong>impressive 16.5% jump over 2023<\/strong>. This is largely driven by <strong>continued demand in major urban markets like New York City and Los Angeles<\/strong>, where <strong>trophy properties remain coveted<\/strong>.<\/p>\n\n\n\n<p><strong>Luxury inventory has climbed to a two-year high<\/strong>, with <strong>single-family listings up 40% since last year<\/strong>. This <strong>increase in supply reflects growing seller confidence and improved market conditions<\/strong>. Yet, despite more listings, <strong>high-quality properties continue to sell at strong prices<\/strong>\u2014proof that <strong>buyers remain active, and values are holding firm<\/strong>.<\/p>\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/24178686\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/24178686\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n\n\n<p><strong>A shift in buyer behavior is also shaping today\u2019s market.<\/strong> A <strong>\u201ctale of two luxury buyers\u201d is emerging<\/strong>:<\/p>\n\n\n\n<ul>\n<li><strong>The no-compromise buyer<\/strong>, willing to pay a premium for turnkey, best-in-class properties.<\/li>\n\n\n\n<li><strong>The value-oriented buyer<\/strong>, more focused on long-term investment potential, location trade-offs, or renovation opportunities.<\/li>\n<\/ul>\n\n\n\n<p><strong>Luxury real estate is increasingly viewed as a cornerstone of wealth protection.<\/strong> According to Luxury Property Specialists surveyed, <strong>68% of clients are maintaining or increasing their real estate investments<\/strong>, and even more are <strong>making all-cash purchases<\/strong>\u2014highlighting the <strong>role of real estate as a hedge against market volatility<\/strong>.<\/p>\n\n\n\n<p><strong>Looking ahead, practicality is expected to outweigh lifestyle-driven splurges.<\/strong> <strong>Economic uncertainty is prompting buyers to refocus on tax strategies, liquidity, and long-term value.<\/strong> Also contributing to future growth is the <strong>47% jump in U.S. home prices over the past five years<\/strong>, which has <strong>created trillions in equity<\/strong>\u2014ushering in a <strong>new generation of move-up buyers entering the luxury tier<\/strong>. <strong>Millennials and Gen Z are making a stronger impact<\/strong>, seeking <strong>modern features like sustainability, turnkey convenience, and smart home technology<\/strong>.<\/p>\n\n\n\n<p><strong>Vermont\u2019s luxury market&#8230;is reflecting many of the national trends, but with a distinctly regional character.<\/strong> While <strong>prices have corrected slightly<\/strong>, <strong>buyer activity was strong during the first half of the year<\/strong>, revealing <strong>underlying demand and greater market depth<\/strong>.<\/p>\n\n\n\n<p>As of mid-2025, the <strong>median luxury home price across northwest and central Vermont is $1,512,500<\/strong>, a <strong>decrease of 8% year-over-year<\/strong>. The <strong>average sale price also fell 28.7%<\/strong>, likely due to a <strong>broader mix of properties entering the market<\/strong>, and more negotiated deals. However, <strong>this price shift did not deter buyers<\/strong>\u2014<strong>luxury home sales are up 50%<\/strong>, with <strong>42 units sold so far in 2025<\/strong>, the <strong>highest on record for the region<\/strong>.<\/p>\n\n\n\n<p>In <strong>northwest Vermont, Chittenden County remains a luxury leader<\/strong>, accounting for <strong>28 of the 42 sales<\/strong>. <strong>Lamoille County saw remarkable activity as well<\/strong>, with <strong>126 transactions<\/strong>, reflecting the <strong>appeal of resort and second-home destinations like Stowe<\/strong>. <strong>Addison County posted the highest median sale price at $3.2 million<\/strong>, although this was based on <strong>very limited volume<\/strong>.<\/p>\n\n\n\n<p>The <strong>days on market for luxury homes jumped to 83 days<\/strong>, up significantly from last year, signaling a <strong>shift in pace<\/strong>. <strong>Buyers are taking more time to evaluate options<\/strong>, and <strong>sellers must now emphasize presentation, pricing, and condition more than ever<\/strong>. <strong>Inventory is somewhat limited in certain counties<\/strong>, with <strong>new luxury listings down overall by 50%<\/strong>, making <strong>well-positioned homes even more attractive<\/strong>.<\/p>\n\n\n\n<p><strong>Proven Strength: Our market share reflects consistent performance across the luxury market, reinforcing the confidence high-end buyers and sellers have in our company and brand.<\/strong><\/p>\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/24183228\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/24183228\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\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>Coldwell Banker Global Luxury <a href=\"https:\/\/www.coldwellbankerluxury.com\/editorial\/the-mid-year-report-2025\" data-type=\"link\" data-id=\"https:\/\/www.coldwellbankerluxury.com\/editorial\/the-mid-year-report-2025\">2025 <\/a><a href=\"https:\/\/www.coldwellbankerluxury.com\/editorial\/the-mid-year-report-2025\" data-type=\"link\" data-id=\"https:\/\/www.coldwellbankerluxury.com\/editorial\/the-mid-year-report-2025\" target=\"_blank\" rel=\"noreferrer noopener\">Mid-Year Report<\/a><\/li>\n\n\n\n<li>UBS <a href=\"https:\/\/www.ubs.com\/global\/en\/media\/display-page-ndp\/en-20250618-gwr-2025.html\" data-type=\"link\" data-id=\"https:\/\/www.ubs.com\/global\/en\/media\/display-page-ndp\/en-20250618-gwr-2025.html\" target=\"_blank\" rel=\"noreferrer noopener\">Global Wealth Report 2025: Wealth growth accelerated in 2024<\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Loading the Elevenlabs Text to Speech AudioNative Player&#8230; Nationally, luxury home prices remain strong. Median sold prices for single-family luxury homes increased 1.8% year-over-year, while attached properties (such as high-end condos and townhomes) saw 8.4% year-over-year growth, and an impressive 16.5% jump over 2023. This is largely driven by continued demand in major urban markets &#8230; <a class=\"read-more\" href=\"https:\/\/www.hickokandboardman.com\/vermont-market-report\/2025\/07\/luxury-real-estate-market-2025luxury\/\">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":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5226"}],"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=5226"}],"version-history":[{"count":11,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5226\/revisions"}],"predecessor-version":[{"id":5489,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/posts\/5226\/revisions\/5489"}],"wp:attachment":[{"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/media?parent=5226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/categories?post=5226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hickokandboardman.com\/vermont-market-report\/wp-json\/wp\/v2\/tags?post=5226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}