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Maddison Valley

Current Market Facts

 

CURRENT REAL ESTATE NEWS AS OF August, 2018

LOCAL REAL ESTATE MARKET STATISTICS-  Lots of visitors in town so lots of potential buyer. And historically, sales increase in the Fall as buyers become more serious about finding their piece of Montana.  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 May 2018 are as follows:

Land: 318 vacant land listings ($20,000 to $12,000,000); 19 pending sales ($29,900 to $240,000); and 82 parcels have sold in 2018 ($17,400 to $1,100,000), totaling $7,527,900, at 91.8% of list.

HOMES: 99 homes listed ($89,000 to $4,950,000);11 pending sales ($189,000 to $449,500); and 60 homes have sold in 2018 ($117,000 to $1,100,000), totaling $22,817,224, which was 96.4% of list prices.

RANCHES: 6 listed ($695,000 to $14,950,000); 0 pending sales, 1 ranches sold in 2018, so far!$2,650,000) at 93% of list price.

COMMERCIAL: 25 listed ($75,000 to $800,000) ;2 pending sales ($189,000 to $585,000); and 4 commerical  properties have sold in 2018 ($49,500 to $498,000) totaling $1,132,000 at 95% 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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