January | February 2025 Market Report ❄️
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Cassie Mason Szeliga
Cassie fosters long-term relationships with her clients who oftentimes turn out to become great friends...
Cassie fosters long-term relationships with her clients who oftentimes turn out to become great friends...
Bethel & Newry Market Report: Year-to-Date
As we look at the real estate market in Bethel and Newry for the year so far, it's clear that the past two months have been unusually quiet. Activity has been nearly frozen, with minimal transactions and a noticeable slowdown in buyer movement. Whether due to seasonal shifts, economic factors, or buyer hesitation, this pause contrasts with the momentum we saw in previous months. However, with spring on the horizon, we’re keeping a close watch on how the market will respond in the coming weeks. Here’s a breakdown of the key trends and data shaping the year-to-date market.
Single Family
97.06%
Sale-to-List Price
26
New Listings
2
Single Family Pending
71
Active Listings
8
Single Family Closed Sale
Condominium
100.05 %
Sale-to-List Price
9
New Condo Listings
2
Condo Pending
32
Active Condo Listings
6
Condo Closed Sale
Why Has the Ski Real Estate Market Slowed Down? Key Factors at Play:
Several factors have contributed to the recent slowdown in the ski real estate market around Bethel and Newry. Higher interest rates have made financing more expensive, leading many buyers to pause or adjust their budgets. Additionally, economic uncertainty and inflation concerns have caused some to hold off on major investments, particularly in second homes. High asking prices have created a standoff between buyers waiting for deals and sellers holding firm on their valuations.