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Maddison Valley

Current Market Facts

 

CURRENT REAL ESTATE NEWS AS OF December, 2017

LOCAL REAL ESTATE MARKET STATISTICS- It was busy up until the end of the year! Hoping for a little break now, with several closings in January & February. 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 December 2017 are as follows:

Land: 287 vacant lots are listed ($21,000 to $3,300,000); 8 pending sales ($32,000 to $140,000); and 81 lots sold in 2017 ($20,000 to $1,875,000), totaling $9,118,560 at 90.6% of list prices.

HOMES: 74 homes listed ($119,000 to $7,500,000);12 pending sales ($160,000 to $725,000); and 101 homes have sold in 2017 ($26,500 to $2,550,000), totaling $33,806,850, which was 94.2% of list prices.

RANCHES: 3 listed ($3,300,000 to $14,950,000); 1 pending sale (2,850,000), 2 ranches sold ($1,000,000 to $5,350,000), totaling $6,350,000, which was 80% of asking price.

COMMERCIAL: 21 listed ($44,500 to $890,000) ;1 pending sales ; and 5 commerical  properties sold in 2017 ($35,000 to $240,000), totaling $763,000.

 

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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