Love2LiveInVT Team

Realtor®

Primary phone
(802) 793-2454
Secondary phone
(802) 696-2251
Website
http://love2liveinvt.com
Email
[email protected]
Address
91 Main Street,,
Stowe, VT 05672

Get to Know Me

Beyond being award-winning Realtors®, we’re active members of the community who have chosen to raise our families in Stowe while on a continuous adventure to enjoy everything that Vermont has to offer. You can often find us with friends and family downhill skiing at Stowe Mountain Resort, cross country skiing at area touring trails, or in the summer months paddleboarding on Waterbury Reservoir or hiking one of the many trails in the area. New to town and need some recommendations? From restaurants to hiking trails, interior designers to contractors, we’ve got you covered. We’re passionate about the Vermont lifestyle and can help you find your place here as well. We love2liveinVT, and we know you will too.

Karen Crist

2020 International Sterling Society
2021 International President’s Circle
Certified Global Luxury Specialist

A Vermont native, longtime Stowe resident, property investor, and a Realtor® since 2010, Karen Crist can deliver a one-stop-shop of services to her clients. Her unrivaled service, along with her personable nature and true professionalism have earned Karen a steady stream of referral and repeat clients. Karen’s expert knowledge of the Vermont housing market and ability to understand her clients’ needs are the reason she continuously exceeds their goals and expectations. Karen meticulously prepares her listings to maximize the sale value, while leveraging all avenues when searching for the right property for her buyers. When not giving her clients the inside scoop on Stowe and its real estate market, Karen can be found hiking or backcountry skiing in Sterling Valley with friends and family, and of course, her dog Zuma.

Brooke Mitchell

Since moving to Stowe ten years ago, Brooke has become an integral part of the community with her involvement in community events, outdoor adventures, and starting her own lifestyle company. Having relocated many times, Brooke’s eye for detail, style, and organizational skills have earned her a strong reputation for staging homes, making a profound impact on the sale of the home. Having worked with full-time residents and second homeowners, Brooke understands the emotional aspect of moving and preparing a home for sale. It is Brooke’s ability to understand the uniqueness of every project and attention to detail that makes every client feel special. Brooke lives in Stowe with her crew and can be found tackling mountains, teaching a spin class, or chatting with the locals while sipping a cappuccino in her spare time.

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What My Clients Say

We became first-time home owners with Karen Crist's exceptional help. When we outgrew our home years later, she helped us find a new house that was perfect for our family. And she sold our first one quickly, for more than we thought possible. The real estate market and home buying process can definitely be stressful but Karen always made it easy for us, she is both professional and caring, and we have been very lucky to work with her.

— Megan

What My Clients Say

I’ve worked with Brooke Mitchell for almost a decade on various projects in the Stowe Community. I’ve not only witnessed her passion, energy and cheeriness firsthand, but have many clients who have expressed the same to me. One remarkable effort was the 2014 USSA Junior Nationals (Olympics) XC Skiing Championships in Stowe. Brooke was charged with many tasks, but most noteworthy was her town-wide planning for hundreds of athletes and families from across North America. Planning parades, opening ceremonies, awards ceremonies and being that “go to” person who you know will get the job done was a big relief to the organizing committee. I’ve also witnessed Brooke work on various projects with other non-profits in Stowe (plan and implement charity golf events, provide administrative support on-demand, etc.) and engage with many seconds homeowners to create their "home away from home” every time. Her tireless energy is memorable, and her ability to envision project outcomes and work collaboratively has served her and the Community very well

— Buyer | Seller

What My Clients Say

We highly recommend Karen! She helped us 9 years ago when we first moved to VT and didn’t know anything about the area. And then when we were moving again and quickly need assistance she stepped in and sold our home within a week!

— Seller

Q3 2024 CBCRE Market Report: Stowe, Lamoille County, and Waterbury, VT

In the third quarter of 2024, the real estate markets in Stowe, Lamoille County, and Waterbury, Vermont, exhibited diverse yet interrelated trends, reflecting broader economic conditions and local market dynamics. Each area displayed its unique market adjustments, with varying degrees of activity across single-family homes and condo segments.

Stowe:

In Q3 2024, Stowe's real estate market saw a mixed performance in both single-family homes and condos. In Q3 we continued to see homes sell for less and take more time to sell from the peak and years directly after the Covid market. This has become more pronounced during Q3 2024 with the average days on market increasing 140% year over year and median days on market rose by 87.50%, while this can be attributed to higher priced homes, over $2M taking longer to sell, it is a trend to be taken into consideration across all price points. The single-family home market experienced a 33.33% increase in properties sold, indicating stronger market activity. Average and median sold prices saw notable rises of 13.61% and 43.79%, respectively, showcasing a trend toward higher-value transactions. New listings increased by 17.14%, signaling increased seller activity. While the increase in days on market is an important trend to monitor, it's worth noting that properties that were priced appropriately were still seeing relatively quick sales. Although there were price reductions for new listings and longer days on the market in the third quarter, the increase in average and median prices suggests that property values are holding steady in our market.

In the condo segment, Stowe experienced an 81.82% increase in properties sold. However, the average and median sold prices dropped by 32.74% and 34.38%, respectively, likely due to increased inventory and competition. New listings surged by 157.14%, but the average days on market dropped significantly by 90.56%. Several of these numbers are driven by the Mt. Side Condo development which transitions from fractional ownership to whole ownership on over 30 units. Many of these have traded without hitting the market, Coldwell Banker Carlson Real Estate is representing these units, and has access to all off market units. Outside of this development the market is showing that competitively priced condos were moving faster despite the overall price corrections.

Q3 2024 also saw the implementation of the new state transfer tax increase on second home purchases from 1.47% to 3.62% as well as new property assessments and tax increases. Since these new increases directly impact buyers, it’s important to factor them into proper market positioning. We expect their impact to continue to unfold over the next several quarters.

Key Statistics:

Single-Family Homes:

Properties Sold: +33.33%
Average Sold Price: +13.61%
Median Sold Price: +43.79%
New Listings: +17.14%
Average Days on Market: +140%
Median Days on Market: +87.50%

Condos:

Properties Sold: +81.82%
New Listings: +157.14%
Average Sold Price: -32.74%
Median Sold Price: -34.38%
Average Days on Market: -90.56%
Median Days on Market: -91.14%

Click here to see the Stowe stats!

Lamoille County:

The real estate market in Lamoille County in Q3 2024 experienced a moderate increase in overall activity, with an 8.05% rise in properties sold across all property types. Average sold prices rose by 17.77%, and the median sold price increased by 14.92%. New listings surged by 50.38%, indicating higher seller confidence. The average days on market decreased by 28.57%, while the median days on market rose by 9.09%, indicating that while more properties were entering the market, some were taking longer to close. Historically when we see our market transition from a seller's market to a buyer's market areas outside of Stowe tend to see the first signs of a slower market. The statistics indicate this to be true.

In specific areas of Lamoille County:

Morristown saw an 83% increase in new available single-family homes and a 73% increase in properties sold, with a 6.97% rise in median sold prices.
Johnson experienced a 7.14% decline in available listings and a 50% in properties sold, but the median sold price jumped by 66%.
Hyde Park saw an 88% increase in available single-family homes but faced a 91% drop in overall sales, with a 46% increase in median sold prices.

Key Statistics:

All Property Types:

Properties Sold: +8.05%
Average Sold Price: +17.77%
Median Sold Price: +14.92%
New Listings: +50.38%
Average Days on Market: -28.57%
Median Days on Market: +9.09%

Click here to see the Lamoille stats!

Waterbury:

Waterbury’s real estate market experienced a downturn in activity for single-family homes in Q3 2024. The number of properties sold dropped by 43.75%, and the average sold price decreased by 13.82%, while the median sold price saw a slight dip of 0.27%. Despite the drop in sales, new listings rose significantly by 86.67%, indicating a potential oversupply, which would be the first time this has occurred in the Waterbury market in over 10 years. The average days on market increased by 11.11%, but the median days on market decreased by 40%, suggesting that well-priced properties were still moving quickly. Looking forward into Q4 we expect to see the sales volume in Waterbury increase.

Key Statistics:

Single-Family Homes:

Properties Sold: -43.75%
Average Sold Price: -13.82%
Median Sold Price: -0.27%
New Listings: +86.67%
Average Days on Market: +11.11%
Median Days on Market: -40%

Click here to see the Waterbury stats!

Overall Market Insights:

The third quarter of 2024 saw a mixed performance across the Stowe, Lamoille County, and Waterbury real estate markets. Stowe and Lamoille County exhibited sustained growth in transaction volume and property values, especially in the single-family home segment. However, increased inventory and longer sales cycles in Stowe’s market and Waterbury’s declining sales suggest that strategic pricing will be key for sellers going into the next quarter. Buyers are becoming more selective and we have seen price corrections across our entire market, which usually indicates a shifting market. As we move into Q4, the combination of increased inventory and state and external economic factors, may exert downward pressure on the market, necessitating careful navigation by both buyers and sellers. Consulting with local real estate experts will be crucial for making informed decisions in this evolving market landscape.