The Waterbury area has seen increasing prices and strong demand. Waterbury's location right off I-89 has continued to make it a sought after town. According to the 2000 census, Waterbury has a population of 4,915. Waterbury has 51.35 square miles of land.
The information below is based from our MLS system. It does not reflect private sales.
RESIDENTIAL MARKET - 2nd Quarter 2008
ACTIVE: As of 7/1/2008 there are 29 active listings. The average list price is $429,152 and the median list price is $289,000. The average DOM is 193 and median DOM is 162. There are 7 homes under contract.
CLOSED: Between 04/1/2008 and 06/30/2008 there were 12 residential closings. The average list price was $270,989 and the average sale price was $252,278. The median list price was $262,500 and the median sale price was $256,000. The average DOM was 274 and median DOM was 304. The average price per finished square foot above grade was $137.
CONDO/TOWNHOMES MARKET - 2nd Qtr. 2008
ACTIVE: As of 7/1/2008 there are 2 active listings. The average list price is $274,500 and the median list price is $274,500. The average DOM is 46 and median DOM is 46. There are 3 Condos under contract.
CLOSED: Between 04/01/2008 and 06/30/2008 there was 1 condo sold. The average list price was $187,500 and the average sale price was $177,875. The median list price was $178,500 and the median sale price was $177,875. The average DOM was 22 and the median DOM was 22. The average price per finshed square foot above grade was $172.
LAND/LOT MARKET - 2nd Quarter 2008
ACTIVE: As of 7/1/2008 there are 13 active listings. The average list price is $479,031 and the median list price is $250,000. The average DOM is 320 and median DOM is 272. There is 1 lot under contract.
CLOSED: Between 04/01/2008 and 6/30/2008 there were no land closings in Waterbury.
2007 YEAR END REPORT - Waterbury
RESIDENTIAL MARKET - Year 2007
ACTIVE: As of 1/1/2008 there are 28 active listings. The average list price is $356,364 and the median list price is $294,000. The average DOM is 163 and median DOM is 124.
CLOSED: Between 1/1/2007 and 12/31/2007 there was 24 homes sold. The average list price was $332,154 and the average sale price was $326,429. The median list price was $304,000 and the median sale price was $302,000. The average DOM was 96 and median DOM was 38. The average price per finished square foot above grade was $150.
CONDO MARKET - Year 2007
ACTIVE: As of 1/1/2008 there are 2 active listings. The average list price is $256,200 and the median list price is $256,200. The average DOM is 36 and median DOM is 36.
CLOSED: Between 1/1/2007 and 12/31/2007 there were 4 condos sold. The average list price was $243,750 and the average sale price was $242,500. The median list price was $265,000 and the median sale price was $265,000. The average DOM was 207 and median DOM was 202. The average price per finished square foot above grade was $157.
LAND MARKET - Year 2007
ACTIVE: As of 1/1/2008 there are 11 active listings. The average list price is $587,636 and the median list price is $325,000. The average DOM is 304 and median DOM is 212. The average price per acre is $18,157.
CLOSED: Between 1/1/2007 and 12/31/2007 there were 3 land sales. The average list price was $176,667 and the average sale price was $178,333. The median list price was $210,000 and median sale price was $200,000. The average DOM was 93 and median DOM was 54. The average price per acre was $23,991.
2006 YEAR END REPORT - Waterbury:
RESIDENTIAL MARKET - Year 2006
ACTIVE: As of 1/1/07 there are 18 active listings. The average list price is $487,772 and the median list price is $427,500. The average days on market is 170.
CLOSED: Between 1/1/06 and 12/31/06 there were 40 residential closings. The average list price was $364,100 and the average sale price was $354,008. The median list price was $282,450 and the median sale price was $280,000. The average days on market was 114. The average price per square foot sold: $155.
CONDO/TOWNHOMES MARKET - Year 2006
ACTIVE: As of 1/1/07 there are 2 active listings. The Average List Price is $265,000 and Median List price is $265,000. The average Days on Market 293.
CLOSED: Between 1/1/06 and 12/31/06 there were 11 properties sold. The average list price was $168,882 and the average sale price was $166,091. The median list price was $175,000 and the median sale price was $168,000. The average days on market was 52. The average price per square foot sold: $151.
LAND/LOT MARKET - Year 2006
ACTIVE: As of 1/1/07 there are 8 active listings. The average list price is $287,250 and the median list price is $209,500. The average days on market is 336.
CLOSED: Between 1/1/06 and 12/31/06, 6 properties were sold. The average list price was $167,333 and the average sale price was $150,000. The median list price was $152,000 and the median sale price was $137,500. The average days on market was 154.
2005 YEAR END REPORT - Waterbury:
RESIDENTIAL MARKET - Year 2005
ACTIVE: As of 1/1/06 there are 19 active listings. The average list price is $516,874 and the median list price is $425,000. The average days on market is 108.
CLOSED: Between 1/1/05 and 12/31/05 there were 44 residential closings. The average list price was $327,068 and the average sale price was $318,570. The median list price was $269,900 and the median sale price was $263,500. The average days on market was 133.
CONDO/TOWNHOMES MARKET - Year 2005
ACTIVE: As of 1/1/06 there are 3 active listings. The Average List Price is $159,000 and Median List price is $175,000.
CLOSED: Between 1/1/05 and 12/31/05 there were 3 properties sold. The average list price was $145,267 and the average sale price was $145,800. The median list price was $150,000 and the median sale price was $152,500. The average days on market was 84.
LAND/LOT MARKET - Year 2005
ACTIVE: As of 1/1/06 there are 11 active listings. The average list price is $262,636 and the median list price is $275,000. The average days on market is 336.
CLOSED: Between 1/1/05 and 12/31/05, 4 properties were sold. The average list price was $216,250 and the average sale price was $211,250. The median list price was $195,000 and the median sale price was $192,500. The average days on market was 175.
ZIP Codes: 05676, 05677 Location Characteristics: Located in between Stowe, Burlington and Montpelier on I-89.
About Teresa Merelman, RealtorŪ:
I have been a licensed RealtorŪ in Stowe, Vermont since 1998. I believe in service with integrity and professionalism. My family and I have lived in Stowe since 1987. I am a mother of two boys and feel that the Stowe area is a great place to live and/or invest in.
I believe it is important in my profession to keep up with education and to be involved with my local community. Throughout the past years, I have obtained the following desigations: ABR (Accredited Buyer Representative), CBR (Certified Buyer Representative), e-PRO (Interet Professional) and CRS (Certified Residential Specialist). In 2004, 2006 and 2007 I was honored to be selected RealtorŪ of the Year for the Lamoille Area Board of RealtorsŪ. 2007 also honored me with Vermont RealtorŪ of the Year. In 2005 I was priviledged to serve as President of my local board. 2006 kept me busy as a member of the Board of Directors for the Vermont Association of RealtorsŪ. In 2007 I finally obtained my Broker's License! I just completed the Accredited Home-Staging Specialist class to better prepare Sellers with their property for a shorter period of time on the market and a higher return.
Please feel free to contact me at: Stowe Realty Office (802) 253-8484 Toll (800) 639-1812 Cell (802) 793-5171 Teresa@StoweUSA.com www.StoweUSA.com
I'd be happy to help with your real estate needs!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
