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.