2025 June - Mad River Valley Real Estate Driven by Data
Posted on 6/14/2025 by Erik H. Reisner
In Brief:
Summer seems to be on its way, but the super-warm and humid days have not hit the Mad River Valley yet. There have been more clouds than sunshine, and rain seems to be in the forecast every weekend. However, we may be spared this weekend, but the sun will still be elusive at best. The grass sure is green and the leaves are all filled in an amazing transformation that we see every year. The real estate inventory is also growing! Will this summer be as frantic and competitive as the last several years? Stay tuned to find out…
Recreation and the forecast:
Between the air and water temperatures, it’s still a bit cool to be jumping into the popular swimming holes here in the valley. However, the hiking and biking trails are starting to firm up a bit after a very wet spring. I also saw a street sweeper on RT 100 last week which should make the road cyclists happy. We’re fast approaching the busy summers season which kicks off with the famous Warren 4th of July Parade. The theme this year is ‘Stand Up For Democracy,” which will surely bring out some, let’s say, colorful floats and messages. Our own David M. Dion will resume his long standing role as one of the judges after a brief hiatus last summer. Here’s to hoping for a summer full of sunshine, mild humidity, and PLEASE, no flooding!
Now onto the market update:
Currently there are 16 single family homes under contract or pending sale in the price range of $79,900 - $1,590,000 (up from 12 last month, and up from 14 two months ago), 10 whole-ownership condominiums under contract or pending sale priced from $230,000 - $795,000 (up from 9 last month and 5 two months ago), 2 undeveloped land parcel under contract priced from $98,000 - $132,000 (down from 4 last month, and 3 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, 5 of the 10 condos, 10 of the 18 single family homes, and zero of the 42 land parcels were listed after May 1, 2025. So, more than 50% of the inventory Under Contract lasted less than 25 days on the market. This shows that properly priced inventory still generally moves quickly for the most part.
Based on information from PrimeMLS, Inc. for the period 1/1/2025 through 6/13/2025.
There were 7 single family home sales in May 2025 from $130,000 - $975,000 (up from 2 sales in April). There were 2 whole-ownership condominium sales from $300,000 - $410,000 (down from 3 sale in April). There was 1 undeveloped land sale for $39,900 in May (1 sale in April as well). There were ZERO commercial sales in May (ZERO sales in April as well).
Based on information from PrimeMLS, Inc. for the period 5/1/2025 through 5/31/2025.
Our Take on the Central Vermont Real Estate Market:
The current inventory in the Mad River Valley is up to 26 single family homes (18 this time last month), there are 16 whole-ownership condominiums (16 this time last month too), there are 14 undeveloped land parcels (10 this time last month), and 7 commercial properties (4 this time last month).
Are you in the market for a property here in the Mad River Valley and beyond? If so, the team at MRVRE has 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.
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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 May 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 May 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 5/31/2025.
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.