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Maddison Valley

Current Market Facts

 

CURRENT REAL ESTATE NEWS AS OF October, 2017

LOCAL REAL ESTATE MARKET STATISTICS- Our office is still busy processing transactions and receiving new offers.  Hunters have other things on their minds and skiers and snowmobilers aren't here yet. A little break would be nice.  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 October 2017 are as follows:

Land: 303 vacant lots are listed ($21,000 to $3,300,000); 5 pending sales ($22,000 to $3,300,000); and 72 lots sold ($22,500 to $1,875,000), totaling $8,320,560 at 84.9% of list prices.

HOMES: 94 homes listed ($125,000 to $7,500,000);18 pending sales ($119,000 to $485,000); and 81 homes have sold ($26,500 to $2,550,000), totaling $25,989,850, which was 95.4% 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 ($115,000 to $987,000) ;1 pending sale ($180,000); and 4 commerical  properties sold ($35,000 to $240,000), totaling $583,000.

 

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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