April 2025 Vermont Market Update

Spring momentum carried into April, with more homes hitting the market and buyer demand holding steady. While pricing trends continue to lean upward in some areas, we’re also seeing signs of adjustment, especially at higher price points. As we dig into the numbers, a few shifts are beginning to point toward where the spring and summer markets might be headed.

🔍 Inventory Builds, Sales Stay Steady

Active listings jumped nearly 36% year-over-year and were up almost 30% from March, signaling a seasonal wave of new properties hitting the market. At the same time, the number of homes under contract rose nearly 16% compared to last year, and total closed sales increased by 6%.

With more homes on the market, buyers have more opportunities than they’ve seen in a while when it comes to available properties—and demand continues to show up strong as we head deeper into the season. Sales volume topped $115 million in April—up nearly 10% from last year and 18% from the month before.

💰 Prices Edge Higher (But Not Across the Board)

• Average sold price: $541,473 (+3.57% YoY, –3.10% MoM)

• Median sold price: $477,450 (+6.10% YoY, +2.79% MoM)

The median price continues to climb steadily, while the average pulled back slightly from last month. This could signal a dip in high-end activity or more movement in the mid-range market—both common in early spring. It’s a reminder that pricing shifts aren’t one-size-fits-all and often vary by price point and location.

⏲️ Homes Taking a Bit Longer to Sell

• Average Days on Market: 48 days (+50% YoY)

• Median Days on Market: 11 days (+37.5% YoY)

Homes are still selling at a healthy pace, but they’re sitting a bit longer than they were this time last year. With more inventory to choose from, buyers may be opting to be a bit more selective and take a little extra time to weigh their options and make decisions.

🏡 Luxury Market Cools Slightly

The number of homes sold over $1M in April dipped to 9, compared to 12 in April of last year and 13 in March. That said, the highest-priced sale reached $5.075M—proof that ultra-high-end demand is still present, just a bit more selective than earlier in the year.

💡 What This Means for Buyers & Sellers

Sellers: Inventory is up, so standing out matters more. Thoughtful pricing, preparation, and presentation are key. The good news? Buyers are still active and willing to move quickly when the right home comes along.

Buyers: You may have more to choose from, and homes aren’t flying off the shelves as fast—but pricing remains strong, especially in the mid-range. If you’re hoping to buy before summer competition heats up further, now is a smart time to act.

As always, whether you’re thinking about buying, selling, or just have questions about what these shifts might mean for you, we’re here to help. Reach out anytime—we’re happy to talk strategy, timing, or next steps.

👀 Curious what your home could sell for this spring? 👉 Use our free home value tool to find out

**The market data used in this update is from single-family homes and condos in Chittenden, Franklin, Lamoille and Washington counties.