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Vermont Realtors: prices rose while sales cooled; Act 181 interim exemptions helping smaller projects

2101724 · January 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Peter Tucker of the Vermont Association of Realtors told the House General & Housing Committee on Jan. 10 that statewide median single‑family prices reached about $415,000 in 2024 even as sales volumes declined, and he highlighted Act 181 interim exemptions and recent industry regulatory changes following an antitrust case.

Peter Tucker, director of advocacy and public policy for the Vermont Association of Realtors, told the House Committee on General & Housing on Jan. 10 that statewide median single‑family home prices rose to about $415,000 in 2024 even as sales volume cooled and inventory increased roughly 14–15 percent.

Tucker said those trends are visible through the association’s multiple listing service and a public dashboard called Domus Analytics, which the association updates from MLS data. He also told the committee that a statutory change known as Act 181 (the 2024 interim exemptions tied to Act 250 rules) has created a temporary pathway for smaller multiunit projects in many communities.

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