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Maddison Valley

Current Market Facts

 

CURRENT REAL ESTATE NEWS AS OF June, 2017

LOCAL REAL ESTATE MARKET STATISTICS- June sales were up but listings seemed to be down, or maybe it was just the difficulty we all had with using our new MLS program!  But we all stayed plenty busy!  Now we are gearing up for the peak season, starting on the 4th  Our local market is beginning to match the national one.  Running out of inventory and prices going up.

The Big Sky Country Multiple Listing statistics for the Madison valley area (including Ennis, Cameron, Mc Allister, Norris, Virginia City, Harrison, Pony, Whitehall, and Cardwell), for the month of June 2017 are as follows:

Land: 312 vacant lots are listed ($22,000 to $3,300,000); 16 pending sales ($21,000 to $655,000); and 41 lots sold ($22,000 to $1,875,000),.

HOMES: 97 homes listed ($74,900 to $7,500,000);24 pending sales ($69,900 to $2,950,000); and 38 homes have sold ($26,500 to $2,475,000), .

RANCHES: 4 listed ($3,150,000 to $14,950,000); 0 pending sales  , 2 sold ($1,000,000 to $5,350,000), which was 80% of asking price.

COMMERCIAL: 30 listed ($45,500 to $987,000) ;1 pending sale ($2,950,000); and 2 commerical  properties sold ($73,000 to $235,000), totaling $308,000, which was 87% of asking price.

 

Check out the 10 year statistics of the area at:

http://www.eralandmark.com/marketwatch/2017/02/era-landmarks-10-year-retrospective-real-estate-statistics-ennis-montana/

 

 

 


Toni Bowen on Zillow

My Madison Real Estate Listings

The graphs below show the year-to-date real estate activity in the Madison Valley, in several different ways to give you a complete perspective of our particular market.

Local: (406)682-4290       Fax: (406)682-4062       219 E. Main St       PO Box 546       Ennis, Montana 59729
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