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2025 September - Mad River Valley Real Estate Driven by Data

Posted on 9/15/2025 by Erik H. Reisner

In Brief:

Where did the time go?! Fall has arrived, the leaves are turning, and it’s getting colder. It seems like it was just a few days ago when I was complaining about the heat and humidity! No complaints as this is an amazing time of year in Vermont and the Mad River Valley. Ok, one complaint: the leaves may be a bit muted this season due to the drought. Too much rain in the spring and now that is all we’re looking for!

Recreation and the forecast:

Cooler temperatures are here for now. But don’t let Vermont fool you, I’m sure we’ll have an Indian Summer at some point before the frost sets in. The current forecast is mostly sunny for the next week or so, which typically is welcomed news; but with the extreme drought all of Vermont is experiencing, we’re all doing a bit of a rain dance here. But as they say, “make hay while the sun shines!” So, no excuses to not get outside and take advantage of this awesome weather. Other than shallow swimming holes, there is plenty to do! I’d say a hike to the top of Burnt Rock would be epic this time of year.

Now onto the market update:

Currently there are 16 single family homes under contract or pending sale in the price range of $399,000 - $2,795,000 (up from 12 last month, and down from19 two months ago), 6 whole-ownership condominiums under contract or pending sale priced from $209,000 - $839,000 (down from 7 last month and 11 two months ago), 6 undeveloped land parcel under contract priced from  $98,000  - $875,000 (up from 3 last month, and 3 two months ago too), and ZERO commercial properties under contract (up from 1 last month, and ZERO two months ago).

Regarding the properties that are currently under contract, 1 of the 6 condos, 8 of the 16 single family homes, and 1 of the 5 land parcels were listed after August 1, 2025. Half of the homes under contract were listed for less than 30 days, 7 of which lasted less than 10 days! So, some segments of the market remain quite active, while other portions of the market are starting to languish.

Based on information from PrimeMLS, Inc. for the period 1/1/2025 through 9/15/2025.

There were 7 single family home sales in August 2025 from $428,500 - $1,200,000 (down from 13 sales in July). There were 9 whole-ownership condominium sales from $158,500  - $800,000 (down from 12 sale in July). There were ZERO undeveloped land sales in August (1 sale in July). There were ZERO commercial sales in August (ZERO sales in July as well).

Based on information from PrimeMLS, Inc. for the period 8/1/2025 through 8/31/2025.

Our Take on the Central Vermont Real Estate Market:

The current inventory in the Mad River Valley is @ 37 single family homes (36 this time last month), there are 27 whole-ownership condominiums (24 this time last month), there are 15 undeveloped land parcels (18 this time last month), and 6 commercial properties (6 this time last month as well).

Regarding some of the single-family home inventory that has been sitting for a bit. We have seen several price reductions in recent weeks. So, either the market is changing for some segments, or some sellers may have had unrealistic price expectations. Either way, there may be some good opportunities for buyers out there!

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 August 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 August 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. Insert Graphs here Based on information from PrimeMLS, Inc. for the period 1/1/2006 through 8/31/2025.

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. 

5513 Main Street, Waitsfield, VT 05673 | 802-496-5000 | www.mrvre.com