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Conway NH Real Estate Market Update – The Bigger Picture (April 2023–April 2025)

If you only looked at Q1 numbers, you might think the Conway market is slowing down — but zooming out tells a much different story.

Yes, the first quarter of 2025 saw a few shifts:

• There were 28 single-family home sales, up from 21 in Q1 2024

• The median sold price dipped slightly from $470,000 to $445,700

• Days on market doubled (24 to 48)

• Cash sales were up a bit (9 this year vs. 7 last year)

But these short-term stats don’t tell the whole story.

Let’s take a step back and look at a full-year comparison:

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April 1, 2023 – April 1, 2024

• 143 single-family home sales

• Median sold price: $450,000

• Median days on market: 14

• 52 cash sales

April 1, 2024 – April 1, 2025

• 121 sales (a slight dip, likely due to low inventory)

• Median sold price: Still $450,000

• Median days on market: Dropped to 8 days

• 46 cash sales

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What Does It All Mean?

Despite higher interest rates, inflation concerns, and the usual market noise, home values in Conway have held steady. Not only that — homes are actually selling faster now than they were a year ago. That tells us demand is still strong, and well-priced homes are moving quickly.

Cash buyers remain active, making up roughly a third to nearly half of all purchases, and the fact that the median sale price hasn’t dropped is a strong indicator of stability.

Yes, Q1 2025 showed some hesitation — especially with homes taking longer to sell — but the bigger picture points to a healthy, resilient market.

If you're thinking of selling, now is still a great time to do it — especially if you price it right and have a smart marketing plan. And if you’re buying, you might have a little more breathing room than last year — but homes are still going fast.

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Want to talk more about where the Conway market is headed, or what your home might be worth today? I’m happy to help.

Reach out anytime — I’d love to chat real estate with you.

Madison, NH Real Estate Market Recap – 2024

The 2024 real estate market in Madison, NH saw steady activity, with 53 homes sold over the course of the year. From affordable homes to high-end properties, buyers showed strong interest across various price points, particularly in the Eidelweiss neighborhood.

Home Prices & Market Trends

Throughout the year, home prices in Madison reflected a diverse range:

• Average Sold Price: $523,449
• Median Sold Price: $399,000
• Median Days on Market: 12
• Lowest Sale Price: $165,000
• Highest Sale Price: $1,849,000

With a median days-on-market of just 12 days, well-priced homes continued to sell quickly. Buyers were willing to move fast, especially in competitive price ranges.

Buying Trends: Cash vs. Financing

A significant number of homes were purchased with cash in 2024, highlighting the presence of both investors and buyers looking to avoid mortgage-related delays.

• 25 of the 53 sales closed with cash

Eidelweiss is popular!

• 28 of the 53 homes sold were located in Eidelweiss, reaffirming its popularity among buyers

Eidelweiss, known for its scenic setting and access to ponds, remained a top choice for both primary homeowners and those seeking a vacation retreat.

What Buyers Purchased

Breaking down home sales by bedroom count offers insight into buyer demand:

• 1-Bedroom Homes: 1 sold
• 2-Bedroom Homes: 12 sold
• 3-Bedroom Homes: 31 sold
• 4+ Bedroom Homes: 9 sold

Three-bedroom homes remained the most in-demand, making up nearly 60% of total sales. These properties offered buyers the ideal balance of space, affordability, and functionality, making them a top choice in the market.

Key Takeaways from 2024

• Well-priced homes sold quickly, with a median of just 12 days on the market
• Cash buyers played a major role, closing nearly half of all transactions
• Eidelweiss remained the most active neighborhood, accounting for over half of all sales
• 3-bedroom homes dominated the market, showing strong demand for mid-sized properties

Looking Ahead

As the Madison real estate market moves into 2025, trends from 2024 highlight a competitive yet diverse market. With steady demand, quick sales, and strong buyer interest in Eidelweiss, Madison remains an attractive place for both homebuyers and sellers.

Thinking about buying or selling in 2025? Let’s connect! 

Here is a link to homes currently for sale in Madison

 

 

 

 

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From a story in today's Conway Daily Sun: Click here for the full story

Madison Zoning Board Sets New Limits on Short-Term Rentals Despite Court Ruling

The Madison Zoning Board of Adjustment (ZBA) has imposed new restrictions on short-term rental (STR) owners, despite a recent court ruling in their favor. The case involves two couples, the Ardizzonis and the Clymers, who own a property at 13 Lucerne Drive in Madison’s Eidelweiss community. The New Hampshire Land Use Court ruled in December that the owners could continue short-term renting under a "nonconforming pre-existing use" provision, as the property was used as an STR since 2017, before Madison’s 2022 ban on new STRs.

In response, the ZBA voted 5-0 to limit rentals to the highest number of days rented in a single year plus 15%. For the Ardizzoni/Clymer property, this translates to a 61-day rental limit. A similar case resulted in a 69-day cap. ZBA members believe the formula ensures fairness and consistency.

However, STR owners' attorney Matt Johnson warned that limiting rental days could face further legal challenges, arguing the ZBA lacks authority to impose such restrictions. David Cavanaugh of the MWV Responsible Renters Association criticized the decision, noting the court already deemed STRs as residential use, protected under grandfathering rights, and raising concerns about unequal treatment and enforcement issues.

With a 30-day appeal window open, further legal action may follow. The debate highlights the ongoing tension between property rights and local zoning regulations in Madison.

Regulating the number of days a property is rented is one of the hardest things to do. Out-of-state plates in the driveway? That could be the owner, a friend, family—or frankly, none of your business. Even if a town wanted to enforce it, how could they realistically track the number of rental days?

On the other hand, limiting occupancy is much easier. Airbnb or VRBO listings are public and can be regularly checked. Plus, in my opinion, occupancy limits tend to address the real issues. What’s better: 15 people in a three-bedroom house for 50 nights a year, or the proper number of guests with no strict rental timeline? Other towns have tried to regulate the number of rental nights, and it just doesn’t work.

 

 

 

 

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2024 North Conway Condo Sales Recap

North Conway, a precinct of Conway, NH, had a dynamic year for condo sales in the 03860 zip code. This recap focuses on standard condo transactions and excludes a few unique properties at the Eastern Slope Inn.

Key Market Highlights

• Total Sales: 51
• Asking Price Range: $289,000 to $1,595,000
• Selling Price Range: $300,000 to $1,536,150
• Average Days on Market: 45
• Median Days on Market: 11

Sales by Bedroom Count

• 1 Bedroom: 1 sale
• 2 Bedrooms: 16 sales
• 3 Bedrooms: 32 sales
• 4 Bedrooms: 2 sales

Financing Trends

• Cash Purchases: 28
• Financed Purchases: 23

Sales by Quarter

• Q1: 15 sales
• Q2: 9 sales
• Q3: 9 sales
• Q4: 18 sales

New Construction Impact

A significant portion of sales—20 units—were new construction condos located at or near Cranmore Mountain. These homes highlight the growing demand for modern, ski-accessible properties in the area.

Summary

With steady sales throughout the year, a median market time of just 11 days, and strong demand for 3-bedroom condos, the North Conway condo market showed its resilience and appeal. Cash buyers dominated, especially in higher-end properties, showcasing North Conway’s draw for both vacationers and investors.

Looking to buy or sell a condo in North Conway in 2025? Let’s make it happen! Reach out today to start the conversation.

2024 North Conway Home Sales Recap

North Conway, a precinct of Conway, NH, saw a strong year for home sales in 2024. It's important to note that while the 03860 zip code represents North Conway, these statistics do not encompass all home sales in the broader Conway area, which is covered by multiple zip codes.

Key Market Highlights:

• Number of Properties Sold: 38
• Asking Price Range: $305,000 to $929,000
• Selling Price Range: $290,000 to $900,000
• Average Days on Market: 38
• Median Days on Market: 12

Bedroom Breakdown:

• 1 Bedroom: 1 home sold
• 2 Bedroom: 3 homes sold
• 3 Bedroom: 21 homes sold
• 4 Bedroom: 11 homes sold
• 5 Bedroom: 2 homes sold

Financing Trends:

• Cash Purchases: 14
• Financed Purchases: 24

Quarterly Sales Distribution:

Sales were steady throughout the year, reflecting a healthy and balanced market:

• Q1: 10 sales
• Q2: 7 sales
• Q3: 11 sales
• Q4: 10 sales

The market in North Conway continues to attract a variety of buyers, from those seeking mountain retreats to larger family homes. The most popular category was 3-bedroom homes, which accounted for over half of all sales.

Additionally, with median days on the market at just 12, the 2024 market demonstrated strong demand and competitive activity. Nearly 37% of transactions were cash purchases, further underscoring North Conway's appeal to second-home buyers and investors.

Whether you're considering selling or buying in North Conway, the 2024 market trends showcase the area's enduring desirability and vibrant real estate activity. Reach out today to discuss your goals for 2025!

2024 Bartlett, NH Condo Market Recap

The Bartlett, NH condo market saw plenty of activity in 2024, with sales spread across all price points and styles. Whether you're a buyer looking for a mountain retreat or an investor seeking the perfect rental, Bartlett’s condo market continues to offer exciting opportunities.

Sales Overview

• Total Condos Sold: 68
• Cash vs. Financing:
  • 30 sales were cash transactions (44%)
  • 38 sales involved financing (56%)
• Price Range: $170,000 to $915,000

Pricing Insights

• Average Listing Price: $430,000
• Average Selling Price: $422,738
• Median Listing Price: $399,900
• Median Selling Price: $395,000

The slight difference between listing and selling prices reflects a competitive market where sellers priced condos strategically to meet buyer expectations.

Market Dynamics

• Average Days on Market: 55
• Median Days on Market: 29

While the average days on market suggest a two-month selling timeline, the median tells us that many condos sold much faster, often within a month.

Bedroom Breakdown

Buyers showed the most interest in two- and three-bedroom units, making up the majority of sales:

• 1 Bedroom: 6 sales
• 2 Bedrooms: 39 sales
• 3 Bedrooms: 20 sales
• 4 Bedrooms: 3 sales

Monthly Sales Activity

Condo sales were steady throughout the year, with a strong finish in December:

• January: 6 sales
• February: 6 sales
• March: 5 sales
• April: 10 sales
• May: 6 sales
• June: 4 sales
• July: 3 sales
• August: 6 sales
• September: 5 sales
• October: 9 sales
• November: 2 sales
• December: 12 sales

December’s peak highlights the appeal of Bartlett as a winter destination, particularly for ski enthusiasts seeking condos near the slopes.

Takeaway

The Bartlett condo market in 2024 was vibrant, offering options for all types of buyers. Two-bedroom condos were the clear favorite, and the strong finish in December underscores Bartlett’s appeal to skiers looking for a mountain retreat.

Whether you’re considering buying or selling, understanding these market trends can help you make informed decisions.

If you’re ready to dive into the Bartlett condo market, reach out today! Let’s find the perfect fit for your needs.

2024 Bartlett, NH Single Family Home Market Recap

The real estate market for single-family homes in Bartlett, NH, showed steady activity throughout 2024. Here's a detailed look at the key trends and statistics that defined the year:

Sales Overview

• Total Homes Sold: 57
• Price Range: $265,000 to $2,350,000
• Cash vs. Financing:
  • 32 sales were cash transactions (56%)
  • 25 sales involved financing (44%)

Pricing Insights

• Average Listing Price: $623,801
• Median Listing Price: $550,000
• Average Selling Price: $600,000
• Median Selling Price: $541,600

These figures reflect a market where homes generally sold for slightly below their listing price, indicative of realistic pricing strategies by sellers and balanced buyer demand.

Market Dynamics

• Average Days on Market: 48 days
• Median Days on Market: 40 days

Homes moved relatively quickly, with most properties finding buyers within a month and a half, showcasing strong interest in the Bartlett area.

Bedroom Breakdown

• 1 Bedroom: 1 sale
• 2 Bedrooms: 13 sales
• 3 Bedrooms: 35 sales
• 4 Bedrooms: 8 sales

Seasonal Trends

• January: 4 sales
• February: 6 sales
• March: 3 sales
• April: 5 sales
• May: 1 sale
• June: 5 sales
• July: 6 sales
• August: 6 sales
• September: 7 sales
• October: 5 sales
• November: 4 sales
• December: 5 sales

September’s peak indicates a robust fall market, often appealing to buyers seeking second homes or investment properties before the winter season.

Takeaway

The Bartlett single-family home market in 2024 demonstrated consistent demand across price points and seasons. The prevalence of cash buyers underscores a strong interest in Bartlett as both a vacation destination and a long-term investment. Whether you’re planning to buy or sell, understanding these trends is key to navigating the market effectively.

If you’d like more information or personalized advice, feel free to reach out!

I’m pleased to announce that I’m offering free Short-Term Rental (STR) safety inspections for homeowners in our community. This is a project I’ve been considering for quite some time, and a recent tragedy in Wakefield, NH—where four people died to due lack of working carbon monoxide detectors—prompted me to move forward with a sense of urgency. My mission is to help ensure that short-term rentals are as safe as possible for every guest.  This is also a good idea if you let friends and family use your vacation home.  For now, I will complete one inspection per week.

The inspection itself will take about 30–60 minutes. During that time, I’ll focus on the following areas:

• Fire safety – Verifying that smoke detectors, fire extinguishers, and other protective measures are in place and functioning correctly.
• Egress – Confirming that there are clear, accessible exits in case of an emergency.
• Carbon monoxide safety – Ensuring that CO detectors are installed and working properly to protect everyone in the home.
• General safety hazards – Identifying potential risks that may not be obvious at first glance.

Once the inspection is complete, I will share my observations only with you. I will not report them to any third party or online platform. However, I may use select photos or videos from the inspection for educational purposes—while always protecting your home’s identity.

If you would like to schedule a free STR safety inspection, please reach out. Together, we can help create a safer environment for your guests and our community as a whole. Let’s make sure your rental is ready to welcome everyone with peace of mind.

I will complete at least one inspection per week.  Click here to fill out a quick Google Form to be added to the wait list.

 

North Conway, New Hampshire, has once again been recognized as the premier ski town in the United States, securing the top spot in USA TODAY's 10Best Readers' Choice Awards for 2024.

This accolade highlights North Conway's enduring appeal to winter sports enthusiasts and its vibrant community spirit.

Nestled in the heart of the White Mountains, North Conway offers access to a variety of ski resorts catering to all skill levels:

• Cranmore Mountain Resort: Located within North Conway, Cranmore is renowned for its family-friendly atmosphere and diverse terrain. Beyond skiing and snowboarding, it features a Mountain Adventure Park and a highly-rated snow tubing area, which was recently ranked fourth best in the nation by USA TODAY readers.

• Attitash Mountain Resort: Situated in nearby Bartlett, Attitash encompasses two mountains—Attitash and Bear Peak—offering a combined 68 trails. The resort is known for its varied terrain, accommodating both beginners and seasoned skiers.

• Wildcat Mountain: Approximately a 30-minute drive from North Conway, Wildcat Mountain boasts some of the most stunning views in the region, including vistas of Mount Washington. It's celebrated for its challenging trails and substantial natural snowfall.

• Bretton Woods: As New Hampshire's largest ski area, Bretton Woods offers expansive terrain and consistently ranks high for snow quality and grooming. The resort provides a luxurious experience with its upscale amenities and panoramic mountain views.

• Black Mountain: Located in Jackson, Black Mountain is one of the oldest ski areas in New Hampshire. It offers a charming, laid-back atmosphere with a variety of trails suitable for families and those seeking a more relaxed skiing experience.

Beyond the slopes, North Conway's architecture and vibrant downtown area provide a quintessential New England experience. Visitors can explore local shops, dine in diverse restaurants, and enjoy various winter activities, making it a well-rounded destination for both skiers and non-skiers alike.

This recognition by USA TODAY underscores North Conway's status as a top-tier destination for winter sports and recreation, offering a unique blend of natural beauty, diverse skiing options, and a welcoming community atmosphere.

See the full USA Today story here

Imagine having your own cozy home base in the heart of the White Mountains all winter long. With a seasonal rental in North Conway, you can turn that dream into reality. Whether you’re a dedicated skier, snowboarder, or just love the winter vibe, here are the top reasons why a seasonal rental is a game-changer.

1. Keep Your Gear Where You Need It

Say goodbye to packing and unpacking your ski gear every weekend. With a seasonal rental, you can leave all your ski clothes, boots, and equipment at your rental, ready for action. No more digging through your car or worrying about forgetting something crucial like your gloves or goggles.

2. Skip the Check-Out Hassle

Unlike short-term stays, a seasonal rental gives you the freedom to come and go as you please. No more rushing to pack up on Sunday morning or stressing about cleaning before check-out. You can relax, knowing your place is always ready for you.

3. Be Ready for the Perfect Powder Day

Winter weather is unpredictable, but with a seasonal rental, you’re always prepared. When a big snowstorm hits, you can make a last-minute trip to North Conway without worrying about finding a place to stay. Flexibility is key when chasing fresh powder!

4. A Home Away from Home

Your seasonal rental can feel like your own ski chalet. Cook your meals, enjoy a warm fire after a day on the slopes, and create lasting memories with friends and family. It’s the perfect balance of convenience and comfort.

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Ski Mountains Near North Conway

North Conway is surrounded by some of the best ski mountains in New England. Here’s a quick look at what’s nearby, along with their proposed opening dates for the 2024-2025 season:

• Cranmore Mountain Resort (North Conway)
  Opening Date: November 24
  Located right in town, Cranmore is perfect for families and offers fantastic night skiing and a vibrant après-ski scene.

• Attitash Mountain Resort (Bartlett)
  Opening Date: November 23
  Known for its challenging terrain and long runs, Attitash is a favorite for seasoned skiers and snowboarders.

• Wildcat Mountain (Pinkham Notch)
  Opening Date: November 23
  Offering breathtaking views of Mount Washington, Wildcat is famous for its steep trails and reliable snow conditions.

• Bretton Woods (Carroll)
  Opening Date: November 22
  As New Hampshire’s largest ski area, Bretton Woods is known for its wide, well-groomed trails and luxurious amenities.

• Black Mountain (Jackson)
  Opening Date: December 2
  A smaller, family-friendly mountain with old-school charm and excellent beginner terrain.

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Make the Most of Winter in North Conway

A winter seasonal rental lets you fully embrace the ski lifestyle without the hassle of constant travel or last-minute lodging stress. Enjoy the flexibility to hit the slopes whenever you want, keep your gear ready to go, and savor the magic of winter in the White Mountains.

Whether you’re chasing fresh snow or just looking to enjoy the serene beauty of a New Hampshire winter, a seasonal rental in North Conway is your ticket to an unforgettable season.

Start your search today and get ready to make this your best winter yet!

If you own a short-term rental in Fryeburg, it’s time to take action! As of January 1, 2025, Fryeburg’s new short-term rental ordinance will officially go into effect. This means all short-term rental properties—those rented for fewer than 30 consecutive days per year—must be registered with the town before December 31, 2024. Properties rented fewer than 14 days annually are exempt, but everyone else needs to register to avoid fines.

What You Need to Know About the Ordinance

The ordinance, passed at the June town meeting, requires property owners to obtain a registration number and certificate through Fryeburg’s code enforcement officer. The goal? To ensure rentals meet safety standards and don’t disrupt the community.

Here are the basics:

• Application Fee: $150 (non-refundable).
• Registration Period: Valid for one year.
• Deadline: December 31, 2024.
• Application Available: Fryeburg Town Office or online on the town's website.

What Happens If You Don’t Register?

Failure to comply can be costly. Operating or advertising without a valid registration could result in fines. For the first offense, you’ll face a daily fine equal to the annual registration fee. For repeat offenses, the fine triples per day.

What’s Required for Registration?

The application involves providing details such as:

• Property type (single-family, duplex, etc.).
• Rental availability dates.
• Advertising methods.
• Occupancy limits.
• Parking details and a site plan.
• A septic system design (if applicable).

You’ll also complete a self-inspection checklist, including:

• Posting a copy of the permit inside the rental.
• Ensuring safety equipment like smoke detectors and fire extinguishers are in place.
• Maintaining proper trash disposal and parking access.

Where to Start

Download the application here or pick one up at the Fryeburg Town Office. Questions? Contact Fryeburg’s Zoning Officer, Caleb Bowles, who’s ready to help streamline the process.

Don’t wait! Protect your rental income and comply with Fryeburg’s new rules. Register your short-term rental today.

http://fryeburgmaine.org/sites/g/files/vyhlif4446/f/uploads/short-term_rental_applicationfinal_7-24-24.pdf