The Stowe real estate market is showing strength. Data shows that 2013 saw an upswing in sales volume and a shrinking inventory of homes. More importantly, homes in all sectors of the market, from first-time homes to luxury vacation homes are selling. The positive trends being seen in the Stowe market are indicative of a strengthening economy and higher consumer confidence.
Highlights of Stowe real estate include:
- The number of homes sold in Stowe hit an 8-year high in 2013.
- There was a 10% increase in single family homes sold in 2013 over 2012.
- Sales of condos are up 3%.
- Home sales have started off strong in 2014, with 20 homes currently under contract in the Stowe area.
Second homes were the biggest sector of the market in 2013, showing a growing demand for vacation homes in Stowe. The quality of life available here, including recreation and a great sense of community is a strong draw to second-home buyers as well as those in the primary home market looking for a healthy and comfortable home base from which to work. Contact us today to learn more abut current market conditions. We welcome the opportunity to be your guides to Stowe real estate.
Click here to read “Home sales soar in Stowe, county” from the Stowe Reporter.