2026 May - Mad River Valley Real Estate Driven by Data
Posted on 5/15/2026 by Erik H. Reisner
In Brief:
Last year it felt like it went straight from winter to summer after a fairly rough mud season. This spring, mud season was almost a non-event, but cooler temperatures have lingered making the transition to summer feel a bit slower. There are some warmer temperatures on the horizon and as the temperatures rise, the real estate market typically starts to heat up as well. Keep checking MRVRE.COM’s home page to see the newest listings and price changes!
Recreation and the forecast:
While T-shirt and flip flop season isn’t quite here yet, the weather has generally been favorable to get outside for some fresh air and spring cleanup. The hiking and mountain biking trails are drying out nicely for the most part, but please tread lightly where it’s still muddy in spots. The Waitsfield Farmer’s Market, rumored to be the most popular in the State, opens this weekend. It’s quite the scene and gathering, and for some reason a very popular spot to bring dogs. If you bring yours, please keep it on a leash and pick up any droppings! You may recall the tragic fire at the Sugarbush Golf Course last fall. Luckily no one was hurt and thanks to the Warren, Waitsfield-Fayston, Moretown, and Waterbury Fire Departments for their great response and efforts. A new temporary club house is being constructed as I type!
Now onto the market update:
Currently there are 7 single family homes under contract or pending sale in the price range of $399,000 - $1,500,000 (4 last month as well as 4 two months ago), 10 whole-ownership condominiums under contract or pending sale priced from $235,000 - $1,250,000 (up from 9 sales last month and 8 two months ago), 5 undeveloped land parcel under contract priced from $135,000 - $800,000 (up from 3 parcels each of the last two months), and ZERO commercial property under contract (ZERO last month, and 1 two months ago).
Regarding the properties that are currently under contract, 2 of the 10 condos, 5 of the 7 single family homes, and 2 of the 5 land parcels were listed after April 1, 2026. Interesting data regarding the condos. I’ll chalk that up to end of ski season and many of those buyers aren’t jumping in the car to drive back to VT yet.

Based on information from PrimeMLS, Inc. for the period 3/1/2026 through 5/15/2026.
There were 3 single family home sales in April 2026 from $398,500 - $1,725,000 (3 sales in March as well). There were 6 whole-ownership condominium sales from $635,000 - $850,000 (up from 3 sale in March). There were 2 undeveloped land sales in April from $149,000 - $254,500 (up from 1 sale in March). There was 1 commercial sale in April for $499,000 (ZERO sales in March).

Based on information from PrimeMLS, Inc. for the period 3/1/2026 through 4/30/2026.
Our Take on the Central Vermont Real Estate Market:
The current inventory in the Mad River Valley is @ 24 single family homes (24 this time last month as well), there are 19 whole-ownership condominiums (21 this time last month), there are 20 undeveloped land parcels (17 this time last month), and 1 commercial property (2 this time last month).

There are only a few patches of manmade snow left up at Sugarbush, a sure sign that summer is near! The winter seasonal rentals are all wrapped up, and many potential second home ski & ride families are on to spring sports back at home. There’s still a month or so of school for most kids and then graduations and summer break will be upon us. That is when folks will start coming back to VT to enjoy everything the Mad River Valley has to offer in the summer months. I love to ski but truly believe that summers in Vermont are even better than the winters! We should see some more inventory trickling onto the market, but overall inventory will likely stay on the low side for some time to come. So, keep your eyes peeled if you are in the market to purchase.
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? The time very well could be NOW! We are happy 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 [email protected] 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, 2026:
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, 2026.
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 1/1/2007 through 4/30/2026.
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.
