horses
horse
quote
elk
arrow real estate
ennis montana
fly fishing
cowboys
fishing
Maddison Valley

Current Market Facts

 

CURRENT REAL ESTATE NEWS AS OF March, 2017

LOCAL REAL ESTATE MARKET STATISTICS- This has to be one of, if not THE, busiest winters we have seen!  And if this is any indication of the rest of the year, the stampede is on!  The pendulum is on the upswing and it is a good time to list and a good time to buy. The Southwest Montana 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 March 2017 are as follows:

Land: 286 vacant lots are listed ($21,000 to $1,650,000); 11 pending sales ($7,000 to $195,000); and 12 lots sold ($28,900 to $195,000), totaling $773,400, which was 94% of asking price.

HOMES: 86 homes listed ($65,000 to $5,600,000);18 pending sales ($104,000 to $2,675,000); and 12 homes have sold ($26,500 to $448,000), totaling $3,157,500, which was 95% of asking prices.

RANCHES: 1 listed ($9,950,000); 1 pending sales ($6,750,000) , 1 sold ($1,000,000), which was 83% of asking price.

COMMERCIAL: 31 listed ($44,500 to $2,950,000) ;0 pending sales 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
Designed and Developed by Little Apple Technologies