Karen Cleary

Karen Cleary

Realtor® | Luxury Property Specialist

Get to Know Me

Born and raised in northern Vermont, Karen is an award-winning real estate professional who has been exploring the mountains, lakes, and backroads of the Green Mountain State her entire life. As a long-time resident of both Stowe and Morristown, Karen offers unmatched knowledge of central Vermont for both buyers and sellers. Her full-service approach, tireless work ethic, and understanding of local markets has led to her reputation as a trusted advisor to both first-time and seasoned buyers and sellers.
 
Karen has lived in Stowe and Morristown for more than 25 years, drawn to the area's skiing and adventure opportunities after graduating from the University of Vermont. As a founding employee of an award-winning travel company based in Stowe, she traveled much of the globe, which has served to inform her sense of place and what makes Vermont truly special.
 
With a passion for homes that embrace Vermont's beauty, Karen knows the hidden gems and unique highlights of central Vermont. Whether you are looking to buy or sell your first home, or your dream home, Karen's deep local knowledge helps buyers discover their ideal piece of Vermont, and sellers realize their property's potential.
 
As a Luxury Property Specialist with the Coldwell Banker Global Luxury® program, Karen also has access to a network of agents serving luxury buyers, and comprehensive digital resources to showcase high-end homes, ensuring each unique property is seen by a broad global audience.
 
  • 2024 International Diamond Society

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What My Clients Say

Karen was an exceptional agent who put in lots of time and incredible patience while helping us find our dream home. Over the course of almost 3 years we worked with Karen off and on, and as our circumstances changed, she was always helpful and available. She suggested properties that matched our desires, and was able to help us weed out the ones that might look good online, but in reality were not worth our time. We couldn't have been happier with her throughout the entire process, especially walking us through all the steps from putting in a bid to closing. We highly recommend Karen!!!

— Sydney C. | We couldn't have been happier with her throughout the entire process

What My Clients Say

We could not recommend Karen highly enough. We had less than easy sellers in our purchase transaction. Karen kept calm, level headed, kept us informed and gave us sound advice through the entire transaction. She was knowledgeable of the market, did extra research about Special tax programs and went above and beyond the call of duty. If you are looking for a great experience and knowledgeable partner to help with your real estate transaction look no further then Karen.

— Ben H.

What My Clients Say

Karen was awesome! She guided us through the whole process, including the provisioning of multiple inspections to reduce our risk. She always seemed to be on top of the process with timely suggestions. I felt in good hands with her, and I would definitely want to work with her again.

— Matt G.

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Q2 2025 Real Estate Market Report: Stowe, Lamoille County, and Waterbury, VT

The second quarter of 2025 continued to reflect the evolving dynamics of the Stowe Area real estate market. While pricing pressure and buyer selectivity remain prominent, increased activity in some sectors—particularly the condo market in Stowe and select towns in Lamoille County—suggests renewed interest where affordability and value intersect.

Stowe

In the single-family home segment, Stowe saw declines across most key indicators. Sales dropped by 13%. However, new listings were only down by only 2%, which is consistent with the listing bump we have seen the past two years going into summer, unlike the prior three years.  Both average sold price, $1,375,419, and median sold price, $1,137,500, fell by nearly 13% and 25%, respectively, marking a meaningful correction within the market. Buyers took significantly longer to transact, with average days on market rising 137%. The list-to-sell price ratio remained high at 97%, only dipping slightly by 0.75%.

The condo market, by contrast, surged in Q2. Sales rose nearly 89%, and new listings more than doubled, up 116%. Average sold price, $1,045,151, and median sold price, $5205K, jumped 53% and 70%, respectively, reflecting increased activity at higher price points. Days on market held steady, decreasing slightly by 2.94%, and the average list-to-sale ratio improved by over 5%, indicating strong buyer demand for well-positioned, turnkey units.

Single-Family Homes

  • Properties Sold: -13%

  • Average Sold Price: -12.67%

  • Median Sold Price: -24.71%

  • New Listings: -2.17%

  • Avg. Days on Market: +137.5%

  • List-to-Sell Ratio: -0.75%

Condos

  • Properties Sold: +88.89%

  • Average Sold Price: +53.13%

  • Median Sold Price: +70%

  • New Listings: +116%

  • Avg. Days on Market: -2.94%

  • List-to-Sell Ratio: +5.05%

Click here to see the Stowe stats!

Lamoille County

Lamoille County’s real estate market remained active in Q2, with total sales across all property types up 14.06% compared to the same period last year. Buyers had slightly more options, as new listings increased by 5.59%. The average sold price rose by 1.46%, and the median price jumped 8%, indicating strength in both the mid-range and select higher-end segments. While homes are taking a bit longer to sell—average days on market increased by nearly 12%—properties are still trading close to asking, with a list-to-sell ratio of 99.29%, down just 0.71% from last year.

All Property Types

  • Properties Sold: +14.06%

  • Average Sold Price: +1.46%

  • Median Sold Price: +8%

  • New Listings: +5.59%

  • Avg. Days on Market: +11.76%

  • List-to-Sell Ratio: -0.71%

Local Highlights:

  • Morristown: Single-family sales down 16%, new listings down 33%, median single-family price fell 7.26% to $543K. However, homes sold faster—DOM dropped 32% to 17 days.

  • Hyde Park: Single-family sales up 50%, new listings down 67%, median price down 5.18% to $403K. Homes sat longer, with DOM increasing 420%.

  • Johnson: Activity surged—sales up 25%, listings up 80%, and median price climbed 77% to $341K. Median days on market fell by 36%.

  • Cambridge: Sales up 67%, listings up 80%, median price increased 11% to $438K. Homes sold quickly, with DOM down 50%.

Click here to see the Lamoille stats!

Waterbury

Waterbury’s single-family home market cooled notably in Q2. Sales dropped 46%, though new listings surged nearly 71%, easing some inventory pressure. The average sold price dipped 2.3% to $396,685, while the median rose 9.32% to $390K, suggesting more activity in the mid-range. Days on market rose 14%, and the list-to-sell ratio fell by nearly 3%, indicating lengthier negotiations and increased pricing sensitivity.

Single-Family Homes

  • Properties Sold: -45.45%

  • Average Sold Price: -2.30%

  • Median Sold Price: +9.32%

  • New Listings: +70.59%

  • Avg. Days on Market: +14.29%

  • List-to-Sell Ratio: -2.97%

    Click here to see the Waterbury stats!

📈 Overall Market Insights

Q2 2025 brought continued shifts in the Stowe Area real estate market. Stowe’s luxury single-family segment saw pricing corrections and extended days on market, while the condo sector surged, buoyed by increased inventory and strong demand for turnkey options. In Lamoille County, market momentum varied widely by town, with Johnson and Cambridge standing out for both price growth and reduced market time. Waterbury experienced a slowdown in sales but an encouraging rise in listings and resilience in median prices.

As we move deeper into the year, accurately priced, well-prepared homes are still drawing strong buyer interest. With buyer behavior shifting toward thoughtful decision-making, sellers must remain strategic. Meanwhile, buyers—especially those targeting mid-range or turnkey homes—will find expanded opportunity in a slightly more balanced landscape.

Curious what these trends mean for your property goals in 2025? Let’s connect. Our team of local experts is here to help

Work With Karen

If you’re looking for the largest selection of real estate available in our area, you’ve come to the right place and we’re here to help you.

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