2025 May - Mad River Valley Real Estate Driven by Data
Posted on 5/15/2025 by Erik H. Reisner
In Brief:
Spring has sprung! Lots of April and May showers have made the Green Mountains green up fast. Interesting factoid: Vermont has not had a weekend without some form of precipitation since December 2024. I suppose the positive take away is we shouldn’t have a drought for a while! Speaking of droughts, the real estate inventory has been at a trickle for quite some time. It’s been exciting to see some new inventory coming to market, and we anticipate seeing more in the coming weeks/months. Our “summer selling season” generally hits full steam around July 1, but maybe it’s hitting a bit early this year. Keep an eye on our website for up-to-date new listings and price changes on the home page!
Recreation and the forecast:
The very wet spring made for a lackluster spring ski and ride season. Such a fun time of year to get out there, but not nearly as much fun when the sun isn’t shining. Pack away the skis, board, and snow tires and break out the bikes, canoes, and hiking boots! The trails are still on the moist side due to all the precipitation, so please proceed with caution and respect any closure signs; it will help make the trail networks more durable and fun for the summer and fall. This Saturday is the first Farmer’s Market of the season on the Mad River Green. As one of the most popular farmer’s markets in the state, everyone is anxious to stock up on all of the fresh produce, and other locally sourced goods. Of course, everyone will bring their dogs. If you want to pet a pooch, please ask for permission first!
Now onto the market update:
Currently there are 12 single family homes under contract or pending sale in the price range of $79,900 - $1,590,000 (down from 14 last month, and up from 11 two months ago), 9 whole-ownership condominiums under contract or pending sale priced from $224,900 - $830,000 (up from 5 last month and 6 two months ago), 4 undeveloped land parcel under contract priced from $98,000 - $185,000 (up from 3 last month, and 6 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, 2 of the 9 condos, 1 of the 12 single family homes, and zero of the 4 land parcels were listed after April 1, 2025. The spring market typically doesn’t move as quickly as the upcoming summer selling season. We’ll have to see what the next few months bring, but Vermont and the Mad River Valley continue to attract buyers, for good reason!
Based on information from PrimeMLS, Inc. for the period 1/1/2025 through 5/14/2025.
There were 2 single family home sales in April 2025 from $684,000 - $850,000 (down from 3 sales in March). There were 3 whole-ownership condominium sales from $140,000 - $509,000 (up from 1 sale in March). There was 1 undeveloped land sale for $155,000 in April (down from 3 sales in March). There were ZERO commercial sales in April (ZERO sales in March as well).
Based on information from PrimeMLS, Inc. for the period 4/1/2025 through 4/30/2025.
Our Take on the Central Vermont Real Estate Market:
The current inventory in the Mad River Valley is up to 18 single family homes (15 this time last month), there are 15 whole-ownership condominiums (down from 17 this time last month), there are 10 undeveloped land parcels (11 this time last month), and 4 commercial properties (3 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.
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 April 30, 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 April 30, 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 4/30/2025. 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.