2025 April - Mad River Valley Real Estate Driven by Data
Posted on 4/15/2025 by Erik H. Reisner
In Brief:
The middle of April means a few things: the ski season is almost over unless you want to “earn your turns,” spring is trying its hardest to arrive, and its Tax Season. At least we have the arrival of spring to look forward to! The sap season is drying up fast too, but a least that yields some sweetness for the year to come. Most of the skiers and riders have hung up their boards, and most winter seasonal rentals are ending right about now. So, retailers and restaurants in the Mad River Valley are a bit slow these days. The real estate market is also a bit quiet now after a fairly busy March, but that is very typical for this time of year. We should see things picking back up in a month or so. Stay tuned!
Recreation and the forecast:
Sugarbush’s Lincoln Peak is still open for a few more weeks, and there appears to be plenty of snow at elevation for those that haven’t gotten their fill of spring skiing. The temperatures have not been favorable for the classic “corn” cycle yet. We need some warmer temps accompanied by some sunshine, which has mostly been elusive recently. The Mad River “Triathlon” was this past weekend (a four-legged triathlon). It was cool and cloudy, but it appeared that there was a strong turnout for this event, which just re-started last year after a hiatus of several years. The water is still too cold to swim, and for the most part, the trails are too muddy for hiking and mountain biking. Be patient my friends, good things come to those who wait!
Now onto the market update:
Currently there are 14 single family homes under contract or pending sale in the price range of $79,900 - $1,590,000 (up from 11 last month, and 9 two months ago), 5 whole-ownership condominiums under contract or pending sale priced from $315,000 - $830,000 (down from 6 last month and matching 5 two months ago), 3 undeveloped land parcel under contract priced from $39,900 - $132,000 (down from 6 last month, and 7 two months ago), and ZERO commercial properties under contract (ZERO last month, and ZERO two months ago).
Regarding the properties that are currently under contract, 1 of the 5 condos, 3 of the 14 single family homes, and zero of the 3 land parcels were listed after March 1, 2025. So, some properties still sell fast, but more are lingering on the market a bit longer. This could easily be chalked up to the time of year with fewer buyers in area right now.
Based on information from PrimeMLS, Inc. for the period 1/1/2025 through 4/14/2025.
There were 3 single family home sales in March 2025 from $765,000 - $2,400,000 (down from 5 sales in February). There was one whole-ownership condominium sale for $632,500 (down from 6 sales in February). There were 3 undeveloped land sales from $200,000 - $500,000 in March (up from 2 sale in February). There were ZERO commercial sales in March (ZERO sales in February as well).
Based on information from PrimeMLS, Inc. for the period 3/1/2025 through 3/31/2025.
Our Take on the Central Vermont Real Estate Market:
The current inventory in the Mad River Valley is down to 15 single family homes (16 this time last month), there are 17 whole-ownership condominiums (up from 12 this time last month), there are 11 undeveloped land parcels (14 this time last month), and 3 commercial properties (3 last month as well).
Are you in the market for a property here in the Mad River Valley and beyond? If so, the partners at MRVRE have more than 80 years of combined experience in helping buyers and sellers navigate the local real estate market, Call, email, or text now so that we can learn about your property search and help you stay informed.
Have you been on the fence wondering when the best time might be to sell your Vermont property? Allow us to provide you with a complimentary market analysis to see if it makes sense for you. No pressure!
If you are a potential buyer, make sure you are tracking activity, or better yet contact us at (802) 496-5000 or info@mrvre.com and we can help you do that! Also make sure your finances are in order so that you can be poised to make a competitive offer, with or without financing. We can also help you find the right lender if needed. Check out our Lender Resources Page.
Historical Mad River Valley Real Estate to March 31, 2025:
Below is a graph that show the total number of units sold (single family homes, condominiums, commercial properties, undeveloped land), as well as the total dollar volume through March 31, 2025.
This blog post will be updated monthly to track year-to-date real estate sales in the Mad River Valley. The data is gathered from the State of Vermont Property Tax Transfer records and includes all sales above $20,000.
Based on information from PrimeMLS, Inc. for the period 1/1/2006 through 3/31/2025.
Whether you are a potential buyer or seller, this data is a valuable resource to help you make informed real estate and financial decisions. If you have any questions, real estate related or otherwise, give Mad River Valley Real Estate a call or send us an email.