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2024 Year to date real estate update

2024 Real Estate Market Update: Bartlett, Conway, Madison, Jackson, and Tamworth

In our latest update, we're providing a concise overview of the real estate market trends in these key areas for the year to date. Here are the highlights:

Single Family Homes

  • Sales to Date: 25
  • Selling Price: Homes are selling at 96% of their list price.
  • Days on Market: Median of 56 days.
  • Sale Price Range: $290,000 to $2,350,000 with a median sales price of $466,500.
  • Cash Purchases: 44% of sales were made in cash.
  • Current Market: 34 homes on the market, prices range from $179,900 to $1,725,000 (Median: $497,400). 35 homes under agreement, ranging from $172,000 to $1,650,000 (Median: $529,000).

Condos

  • Sales to Date: 21
  • Selling Price: Condos are selling at 98% of list price.
  • Cash Purchases: 10 out of 21 sales were cash purchases.
  • Sale Price Range: $190,000 to $1,234,400 with a median of $435,000.
  • Current Market: 25 condos for sale, ranging from $185,000 to $1,725,000 (Median: $425,000). 23 condos under agreement, prices from $199,000 to $1,650,000 (Median: $399,900).

Some properties in the analysis above are listed as both condos and single-family homes

Summary

The market is showing a healthy mix of activity across both single-family homes and condos, with a steady pace of sales and a strong presence of cash buyers.  For more detailed insights or assistance, feel free to contact us at North Conway Realty.

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