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:
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:
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.