Newsletter 2025
Rangeley Region Real Estate Update
February
2025
We're kicking off the new year with an exciting update on the real estate market in the Rangeley region. As the slopes at Saddleback are in full swing, the snowmobile trails are open, and winter temperatures have been consistently cold, the area has seen an uptick in winter visitors, and our team has been helping buyers and sellers start new chapters. Recently, we've seen a range of properties go under contract and come to close, including a charming camp on Russell Cove, two lodges condo units, a new spec home off Grandview Avenue, and a large ski chalet on Magalloway Loop up at Saddleback.
We’re seeing a variety of buyer preferences, particularly those listed below -
Homes with views
Close proximity to town
Private waterfront or shared water access
Ski-in/ski-out properties
We’re finding the most demand for properties with waterfront or expansive views, as well as any properties with short-term rental potential.
Our team has been enjoying hosting open houses on weekends, and we’re also available at the Saddleback Real Estate Center during weekends and vacation weeks. With events like Snodeo, the Pond Hockey Festival, and February vacation week on the horizon, we’re looking forward to an exciting and bustling month ahead.
Our office is open at our Main Street office 7 days a week from 9am - 4 pm. Feel free to stop by and chat with us about your real estate needs and goals! See you around town and on the slopes!
- The Morton & Furbish Team
MARKET SNAPSHOT
RANGELEY REGION 2024
2024 Statistics for the Rangeley Region (04970):
101 closed residential properties, up from 93 in 2023
Median sold price of $450,000, up from $406,000 in 2023
Average sold price of $540,730, up from $524,147 in 2023
Median days on market of 39 days, up from 38 days in 2023
Average days on market of 72 days, down from 85 days in 2023
FEATURED REAL ESTATE LISTINGS
Rangeley Region Real Estate Update
Mid-February 2025
Winter is flying by, and it's been a great season so far, with consistently cold temperatures and a recent boost of much needed snowfall setting the perfect stage for visitors and prospective home buyers to explore our beautiful region!
The Rangeley market is still strong with a variety of residential and land listings coming on the market and going under contract. Recently, the following listings have gone under contract or have closed:
Two Properties at Saddleback
An In-town Home on Center Street
A lot in Oquossoc’s West Side Drive Association
The area has also seen a flurry of new listings, including units at Saddleback, homes in Rangeley, as well as land.
Morton & Furbish has been steadily hosting open houses and events, providing visitors the opportunity to see homes for sale in the area, do something fun with their family, and make connections with our team and other folks in the community.
If you would like to see us, we’re open 7 days a week at our Main Street location, and at the Saddleback Sales Center on weekends and holiday weeks from 12:00 PM - 4:00 PM. We’re always available to assist with any questions or inquiries about the real estate or rental market. Come by and say hello — we’d love to chat!
- The Morton & Furbish Team
MARKET SNAPSHOT
RANGELEY REGION
January 2025 Residential Statistics for the Rangeley Region:
9 closed residential properties, compared to 11 in January 2024
Median sold price of $660,000, compared to $373,000 in January 2024
Average sold price of $768,944, compared to $697,818 in January 2024
Median days on market of 54 days, compared to 69 days in January 2024
Average days on market of 100 days, compared to 67 days in January 2024
FEATURED REAL ESTATE LISTINGS
Rangeley Region Real Estate Update
March 2025
Hello, March! With consistent, wintery weather for the past two months, we have been thrilled to enjoy fantastic skiing and riding conditions, and the snowmobile trails have been in awesome shape.
Buyers and sellers in the region have been consistently coming together to buy and sell homes and land. Here are a few listings that have either gone under contract or have recently closed -
Parmachenee A-Frame at Saddleback
Rock Pond Condo at Saddleback
A Camp on Bald Mountain Road
A Home on Center Street
Lots on Mill Brook and on Nichols Road
The area has also seen some new listings pop up, including units at Saddleback, a cottage in the Rangeley Manor, a listing on Rangeley Lake in Oquossoc, and lots on Mill Brook and Palmer Way.
Morton & Furbish has been steadily hosting open houses, and with events like the XC Loppet, the BMC Winter Fly In, music at Saddleback, and horse drawn carriage rides, there is also something to do or check out.
If you would like to see us, we’re open 7 days a week at our Main Street location, and at the Saddleback Sales Center on weekends from 12:00 PM - 4:00 PM. We’re always available to assist with any questions or inquiries about the real estate or rental market. Come by and say hello we’d love to chat!
- The Morton & Furbish Team
MARKET SNAPSHOT
RANGELEY REGION
2025 Statistics for the Rangeley Region (04970) as of 02/28:
45 Active Residential Listings
43 Active Land Listings
14 Closed Residential Listings, compared to 16 in the same time period in 2024
5 Closed Land Listings, compared to 7 in the same time period in 2024
$8,858,200 sold so far in 2025, compared to $12,989,000 in the same time period in 2024
$2,956,700 sold in February 2025, compared to $3,079,000 in February 2024
FEATURED REAL ESTATE LISTINGS
to Morton & Furbish Real Estate Listings
FEATURED RENTALS
Rangeley Region Real Estate Update
Mid-March 2025
Spring has arrived! After a chilly January and February, warmer temperatures are finally here – bringing spring conditions to Saddleback, sunny skies, and longer days.
We've seen a surge in homes going under contract recently, including two in the Quimby Pond neighborhood, a newer home off Grandview Avenue, a cozy home on the Oquossoc side of Route 4, as well as other homes and land in the area. New listings are popping up too, like the Fieldstone Cottages in town, a stunning contemporary home on Winston Road in Rangeley Overlook, and a quaint home on Gray Road in Sandy River Plantation.
Exciting events are happening in the region for the rest of the month, including:
Back to the Banks Banked Slalom at Saddleback on Saturday, 03/15
BMC Ice Golf Classic at BMC on Saturday, 03/15
Ski Patrol Auction on at Saddleback on Saturday, 03/22
Rob Fowler for the Après Music Series at Saddleback on Friday, 03/28
At Morton & Furbish, we’re open 7 days a week at our Main Street location and will be at the base of Saddleback in the Sales Center from 12:00 PM - 4:00 PM on weekends through March. Swing by anytime, we would love to see you! Also, don’t forget to follow us on Facebook and Instagram for daily updates and open house details! See you around!
-The Morton & Furbish Team
MARKET SNAPSHOT
RANGELEY REGION
2025 Statistics for the Rangeley Region (04970) as of 03/11:
45 Active Residential Listings
43 Active Land Listings
18 Closed Residential Listings, compared to 17 within the same time period in 2024
6 Closed Land Listings, compared to 9 within the same time period in 2024
$11,513,200 sold so far in 2025, compared to $13,443,000 within the same time period in 2024
FEATURED REAL ESTATE LISTINGS
to Morton & Furbish Real Estate Listings
Rangeley Region Real Estate Update
April
2025
Hello Spring!
March has flown by! Visitors and locals are enjoying spring skiing and riding conditions, while others look forward to warmer weather and green grass.
The region’s real estate market has been heating up like the weather with new listings coming on each week. There is now a menu of almost everything - waterfront, new construction, Saddleback units, a village home, a home in the Rangeley Overlook, as well as new land listings, too.
We have also seen many properties go under contract or close in the recent weeks. Here are a few notable ones:
Newer build on Beaver Lane in Sandy River Plantation
A Home on Quimby Farm Road in Rangeley
A Spec. Home on Bart’s Way in Rangeley
A Home on Camp Waya Awi Road in Dallas Plantation
Land on West Side Drive in Rangeley
In terms of events, the Morton & Furbish team will be doing open houses on Saturday, 03/29, Sunday, 03/30, as well as Saturday 04/05. Come check out our socials or stop in for timing and locations! There are tons of events up at Saddleback in the next two weeks too, including the Cardboard Box Race on Sunday, 03/30, and all the Spring Bash events on the weekend of 04/05-04/06.
-The Morton & Furbish Team
MARKET SNAPSHOT
RANGELEY REGION
2025 Statistics for the Rangeley Region (04970) as of 03/26:
48 Active Residential Listings
40 Active Land Listings
21 Closed Residential Listings, compared to 23 within the same time period in 2024
9 Closed Land Listings, compared to 13 within the same time period in 2024
$12,236,000 sold so far in 2025, compared to $17,190,900 within the same time period in 2024
FEATURED REAL ESTATE LISTINGS
Life is short. Take a vacation!
Rangeley Region Real Estate Update
Mid-April 2025
Hello April!
The Rangeley region real estate market is warming up like the weather with many buyers looking at available properties, and new listings popping on the market daily!
Some notable new listings include a property on Main Street with incredible views of Rangeley Lake and terrific craftsmanship, a luxurious home on Rangeley Lake, as well as a parcel of land on Johnson Lane.
We have also seen many properties go under contract or close in the recent weeks. Here are a few notable ones:
A home off of Country Club Road
A South Branch condo at Saddleback
A home in the Moose Ridge subdivision
Land off of Spruce Circle
In terms of events, the region will see the Bronco Buster challenge at Saddleback on Sunday 04/13, as well as the Smalls to the Wall kayak event at Smalls Falls on Saturday, 04/19.
-The Morton & Furbish Team
MARKET SNAPSHOT RANGELEY REGION
2025 Statistics for the Rangeley Region (04970) as of 04/07:
49 Active Residential Listings
41 Active Land Listings
22 Closed Residential Listings, compared to 26 within the same time period in 2024
11 Closed Land Listings, compared to 14 within the same time period in 2024
$13,327,700 sold so far in 2025, compared to $18,071,900 within the same time period in 2024
FEATURED REAL ESTATE LISTINGS
Rangeley Region Real Estate Update
Spring Has Officially Sprung!
Late April 2025
As ice begins to melt off the lakes, we're all starting to feel those early signs of summer (we know—it’s still a bit away, but we can dream!). In the meantime, the spring real estate market in the Rangeley area is showing some exciting momentum.
We’ve seen some great new listings pop up, including:
An A-Frame in Parmachenee Village at Saddleback
A spacious farmhouse on Dallas Hill Road
Two land parcels off Bird’s Eye Road in Rangeley Plantation
Things are moving fast! Here are a few notable properties that have recently gone under contract or sold:
A cottage in Rangeley Manor
A home on Camp Waya-Awi Road
A home off Route 4 in Sandy River Plantation Land on Johnson Lane
Get ready for a great weekend at Saddleback! Friday, April 25 – King of the Hill Snowmobile Hill Climb Pre-Party at the Saddleback Pub Saturday, April 26 – The Hill Climb Race at Saddleback Mountain
As always, we’re here to keep you in the loop and help you find the perfect home, land, or getaway in the beautiful Rangeley Lakes Region. Enjoy the season shift—and keep an eye on those listings!
— The Morton & Furbish Team
MARKET SNAPSHOT
Statistics for the Rangeley Region (04970) as of 04/21:
13 Closed Land Listings, compared to 17 within the same time period in
FEATURED REAL ESTATE LISTINGS
