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Maddison Valley

Current Market Facts

 

CURRENT REAL ESTATE NEWS AS OF April 2019

LOCAL REAL ESTATE MARKET STATISTICS-Roads to remote proerties are again open and buyers are starting to show up hoping to find their dream vacation properties. Some subdivisions have no lots for sale! Not seen since the boom years! Some homes go on MLS and are sold in a day. This is unusual for our market. It seems the Madison Valley has been re-discovered!   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 April 2019 are as follows:

Land: 235 vacant land listings ($24,500 to $2,999,999); 23 pending sales ($29,000 to $235,000); and 37 parcels have sold in 2019 ($12,500 to $312,000), totaling $1,901,950, at 95.3% of list prices.

HOMES: 72 homes listed ($119,000 to $2,990,000);14 pending sales ($229,000 to $1,480,000); and 13 homes have sold in 2019 ($150,000 to $4,580,000), totaling $8,698,900, which was 92.9% of list prices.

RANCHES: 5 listed ($1,495,000 to $4,495,000); 0 pending sales, 0 ranches sold in 2019, so far!.

COMMERCIAL: 15 listed ($121,000 to $1,100,000) ;pending sales ($115,000 to $585,000); and 3 commerical  properties have sold in 2019 ($130,000 to $350,000) totaling $629,000 at 92.9% of list 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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