🏡 June 2025 Vermont Real Estate Market Update

June brought another active month in the Vermont real estate market, with strong buyer activity, solid sales volume, and growing inventory giving buyers more to choose from. While homes are still moving, they’re not flying off the shelf the way they did last summer—and some sellers are having to make adjustments to stay competitive.

Market Activity Holds Strong, With a Slight Shift in Momentum

Inventory continued to build, with 542 active listings, up 16.81% year-over-year—though down slightly from May. With more homes on the market, buyer activity held steady, with 382 properties under contract, a 9.77% increase from last June and a 6.7% jump from May.

Closings also picked up: 316 homes closed in June, up 5% year-over-year and 20.61% from May.

Pricing Holds—But Negotiation Is Back on the Table

• Average Sale Price: $578,499 (↑ 1.73% YoY, ↑ 2.11% MoM)

• Median Sale Price: $499,000 (↑ 5.05% YoY, ↑ 3.74% MoM)

• Average Days on Market: 34 (↑ 30.77% YoY, ↓ 8.11% MoM)

• Median Days on Market: 8 (↑ 14.29% YoY, ↓ 11.11% MoM)

Homes are still moving at a healthy pace, but they’re sitting longer than they were last year—and negotiation is more common. The average list-to-sale ratio dipped to 99.8%, down from 101.14% in June 2024, meaning homes are now selling slightly under asking on average.

Price changes also spiked, with 297 listings adjusting their price in June, a 36% jump from May—further underscoring the importance of pricing it right the first time.

Luxury Market Update

The luxury market remained active, though slightly softer compared to last year:

• 25 homes closed over $1M in June (↓ slightly YoY, ↑ 19% MoM)

• Highest sale: $2.9M

• Average list-to-sale ratio in the luxury tier: ~96.83%

Even in the higher-end market, pricing and presentation are key. Top-tier buyers are showing up—but they’re also negotiating more than they did a year ago.

TL;DR – Quick Takeaways for June

• Inventory is up, and buyers are still active
  
  
• Price changes jumped 36%, and average list-to-sale dipped below 100%
  
  
• Homes are taking longer to sell, but closings and volume remain strong
  
  
• Luxury sales dipped YoY, but rebounded from May
  
  
• Smart pricing from the start is essential—and buyers shouldn't shy away from trying to negotiate
  

What This Means for Buyers & Sellers

Sellers: More listings mean more competition, and buyers have options. If your home is well-prepared and priced correctly, it will still sell—but overpricing is more likely to lead to a price reduction and longer days on market. To succeed this summer, focus on strategic pricing, strong presentation, and standout marketing.

Buyers: You have more room to explore and more negotiating power than in recent years. Well-prepped homes are still moving quickly, but listings that linger may offer some flexibility. If you’re ready, this could be a great window to find the right fit.

Want to See How the First Half of 2025 Is Shaping Up?

This June update gives a clear snapshot of what’s happening now—but if you’re curious how the broader market has been evolving across different areas, we’ve put together a detailed mid-year recap.

➡️ Read the Mid-Year County-by-County Market Trends Breakdown (Find out how trends vary across Chittenden, Franklin, Lamoille, and Washington counties—and what to watch for this fall.)

Ready to talk strategy or get a sense of your home’s value?

Curious what your home could sell for in the current market?
👉 Use our free home value tool to find out, or reach out anytime for a more personalized conversation. We’re happy to help you navigate your next steps with clarity and confidence!

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