Karen Cleary

Karen Cleary

Sales Associate | Realtor®

Get to Know Me

Born and raised in northern Vermont, Karen has been exploring the mountains, lakes, and backroads of the Green Mountain State her entire life. After attending the University of Vermont and spending the better part of a decade skiing, Karen became a founding employee of an award-winning travel company based in Stowe. Her explorations across much of the globe have informed her sense of place and what makes Vermont truly special.
 
She and her husband are raising two children who attend Morrisville schools, and are active in the Morrisville Soccer Club. They enjoy the interconnectedness of the Stowe, Morrisville, and Elmore communities, and the amazing assortment of local recreational opportunities for the whole family to enjoy, including downhill and Nordic skiing, mountain biking, hiking, and numerous swimming holes and sparkling lakes to explore.
 
A resident of both Stowe and Morrisville for more than 25 years, and with a passion for homes that embrace Vermont's beauty, Karen knows the hidden gems and unique highlights of central Vermont. From your first home, to your dream home, Karen's deep local knowledge will help you discover the perfect place for you.

 

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What My Clients Say

Karen helped us navigate a competitive real estate market in the Stowe area. She was patient throughout our search, and helped us think outside the box to find the best fit for our wish list. She was flexible, responsive, and accommodating - ultimately guiding us to find a beautiful property with amazing views.

— Jill H.

My Portfolio

For Sale
For Lease
Sold
176 Wildewood Lane Unit 17
Sold
$2,150,000
176 Wildewood Lane Unit: 17, Stowe, VT 05672
4 Beds 4 Baths 2,913 Sq.Ft.
160 Black Bear Run
For Sale
$1,425,000
160 Black Bear Run, Stowe, VT 05672
3 Beds 4 Baths 3,050 Sq.Ft.
239 Tall Pines Lane
Sold
$1,107,500
239 Tall Pines Lane, Stowe, VT 05672
2 Beds 3 Baths 2,963 Sq.Ft.
174 Red Tree Lane
Sold
$976,248
174 Red Tree Lane, Morristown, VT 05661
3 Beds 3 Baths 2,716 Sq.Ft.
82 Palisades Street
Sold
$962,500
82 Palisades Street, Stowe, VT 05672
3 Beds 3 Baths 1,980 Sq.Ft.
199 Sterling View Annex
Sold
$850,000
199 Sterling View Annex, Elmore, VT 05661
3 Beds 3 Baths 2,300 Sq.Ft.
220 Thomas Lane
Sold
$840,000
220 Thomas Lane, Stowe, VT 05672
3 Beds 2 Baths 1,576 Sq.Ft.
754 Cole Hill Road
Sold
$755,000
754 Cole Hill Road, Morristown, VT 05661
3 Beds 3 Baths 3,250 Sq.Ft.
1833 Cote Hill Road
Sold
$705,000
1833 Cote Hill Road, Morristown, VT 05661
3 Beds 3 Baths 1,961 Sq.Ft.
187 Gates Farm Road
Sold
$600,000
187 Gates Farm Road, Elmore, VT 05657
3 Beds 3 Baths 2,136 Sq.Ft.
233 Fox Hill Road Unit 44
Sold
$555,000
233 Fox Hill Road Unit: 44, Stowe, VT 05672
3 Beds 3 Baths 1,755 Sq.Ft.
4156 Randolph Road
Sold
$530,000
4156 Randolph Road, Morristown, VT 05661
3 Beds 2 Baths 2,138 Sq.Ft.
242 Jersey Way
For Sale
$510,000
242 Jersey Way, Morristown, VT 05661
3 Beds 2 Baths 2,042 Sq.Ft.
1457 Mountain Road Unit 4
Sold
$500,000
1457 Mountain Road Unit: 4, Stowe, VT 05672
1 Bed 2 Baths 985 Sq.Ft.
159 Sargent Drive
Sold
$495,000
159 Sargent Drive, Johnson, VT 05656
4 Beds 3 Baths 2,240 Sq.Ft.
144 Main Street Unit 4
Sold
$485,000
144 Main Street Unit: 4, Stowe, VT 05672
2 Beds 1 Bath 791 Sq.Ft.
159 Sargent Drive
Sold
$475,000
159 Sargent Drive, Johnson, VT 05656
3 Beds 3 Baths 2,280 Sq.Ft.
903 Gould Hill
Sold
$465,000
903 Gould Hill, Johnson, VT 05656
3 Beds 2 Baths 1,536 Sq.Ft.
194 Spruce Lane
Sold
$428,000
194 Spruce Lane, Hyde Park, VT 05656
3 Beds 2 Baths 1,430 Sq.Ft.
3758 Pond Road
Sold
$395,000
3758 Elmore Pond Road, Elmore, VT 05680
2 Beds 2 Baths 1,176 Sq.Ft.
1566 Upper French Hill Road
Sold
$389,000
1566 Upper French Hill Road, Johnson, VT 05656
3 Beds 2 Baths 1,680 Sq.Ft.
3758 Elmore Pond Road
Sold
$340,000
3758 Elmore Pond Road, Elmore, VT 05657
2 Beds 2 Baths 1,176 Sq.Ft.
47 Fontaine Hill Road
Sold
$325,000
47 Fontaine Hill Road, Morristown, VT 05661
3 Beds 1 Bath 1,152 Sq.Ft.
44 Park Street Unit 202
Sold
$310,000
44 Park Street Unit 202, Stowe, VT 05672
1 Bed 1 Bath 725 Sq.Ft.
7412 Mountain Road Unit 3-123
Sold
$125,000
7412 Mountain Road Unit: 3-123, Stowe, VT 05672
3 Beds 4 Baths 2,500 Sq.Ft.
7412 Mountain Road Unit 3-32
Sold
$116,400
7412 Mountain Road Unit: 3-32, Stowe, VT 05672
3 Beds 4 Baths 2,500 Sq.Ft.

Q2 2024 CBCRE Market Report: Stowe, Lamoille County, and Waterbury, VT

In the second quarter of 2024, the real estate markets in Stowe, Lamoille County, and Waterbury, Vermont, exhibited diverse yet interconnected trends. Each area displayed unique patterns of activity, reflecting broader economic conditions and local market adjustments.

Stowe:

Single-Family Homes: The single-family home market in Stowe saw a decrease in properties sold by 17.65%, reflecting tempered market activity. Despite the decline in sales volume, the average sold price increased by 37.24% and the median sold price rose by 10.33%, showcasing that valuations on properties are remaining relatively stable, compared to last year. New listings in this segment increased significantly by 66.67%, pointing to a shift among sellers back to a more traditional ownership cycle. The average days on market decreased by 20%, highlighting quick closures for appropriately priced properties, while the median days on market increased by 83%, showing that homes priced over market value were taking longer to sell and often required price adjustments. The majority of these were properties listed over $2M.

Condos: The condo market in Stowe experienced significant dynamics. The volume of condo sales decreased by 53%, indicating a slower market for condos. New listings surged by 108%, suggesting more condo owners are attempting to capitalize on current market conditions. However, the average sold price and median sold price both decreased by 18% and 46%, respectively, highlighting downward pressure on prices, likely due to increased supply. Additionally, the median days on market for condos increased dramatically by 326%, indicating that condos are taking significantly longer to sell. This prolonged market time suggests that buyers are becoming more selective, and properties may need more competitive pricing or improvements to attract interest.

Key Statistics:

  • Single-Family Homes:
    • Properties Sold: -17.65%
    • Average Sold Price: +37.24%
    • Median Sold Price: +10.33%
    • New Listings: +66.67%
    • Average Days on Market: -20%
    • Median Days on Market: +83%
  • Condos:
    • Properties Sold: -53%
    • New Listings: +108%
    • Average Sold Price: -18%
    • Median Sold Price: -46%
    • Median Days on Market: +326%

Click here to see the Stowe stats!

Lamoille County:

The single-family home market in Lamoille County saw a decrease in properties sold by 5%, reflecting a tempered market activity. Despite the decline in sales volume, the average sold price increased by 29% and the median sold price rose by 7%, indicating that the properties being sold were of higher value. New listings in this segment increased significantly by 37%, pointing to an optimistic outlook among sellers who are likely adjusting to market demands. The average days on market increased by 52%. The median days on market increased by 142%, indicating that homes priced above market value required more time and often price adjustments to sell.

Key Statistics:

  • Single-Family Homes:
    • Properties Sold: -5%
    • Average Sold Price: +29%
    • Median Sold Price: +7%
    • New Listings: +37%
    • Average Days on Market: +52%
    • Median Days on Market: +142%

Click to see the Lamoille County stats!

Waterbury:

The single-family home market in Waterbury saw an increase in properties sold by 25%. Both the average and median sold prices rose significantly, by 39% and 52%, respectively. New listings in this segment decreased by 5%. The average days on market decreased by 65%, highlighting quicker closures for appropriately priced properties. The median days on market saw a notable decrease of 33%, indicating that Waterbury continues to have a lack of inventory, keeping the market in positive territory. 

Key Statistics:

  • Single-Family Homes:
    • Properties Sold: +25%
    • Average Sold Price: +39%
    • Median Sold Price: +52%
    • New Listings: -5%
    • Average Days on Market: -65%
    • Median Days on Market: -33%

Click to see the Waterbury stats!

Overall Market Insights:

The second quarter of 2024 in the Stowe area real estate market was characterized by fewer transactions but continued stability in property values for certain segments, reflecting a market adjusting to economic conditions and buyer preferences. The rapid sales pace for single-family homes indicates robust demand for well-priced properties, while the increase in days on market for some segments of single family and condos suggests a need for strategic pricing to attract buyers. Overall, the trends indicate a shift towards faster transactions for properly priced properties and a more competitive environment for sellers, with buyers focusing on value and quick closures.

Looking ahead to Q3, the combination of multiple tax increases and the rise in inventory is likely to exert downward pressure on the market. The potential for interest rate decreases could counter the tax pressures. Sellers may need to adjust their pricing strategies to attract buyers in a more competitive landscape. Consulting with local real estate experts will be crucial for both buyers and sellers to navigate these evolving market conditions and make informed decisions.

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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