APRIL 2022 STATISTICS
Ø LOCAL REAL ESTATE MARKET STATISTICS: After a short pause, it is starting to pick up more steam. Even with the dire predictions in the economy, there are still people wanting to invest in Montana. Big Sky Country Multiple Listing statistics for the Madison Valley area (including Ennis, Cameron, McAllister, Norris, Virginia City, Nevada City, Harrison, Pony), for the month of APRIL were as follows:
· HOMES: 29↑ homes listed ($469,900 to $11,250,000); 9↑ pending sales ($395,000 to $4,100,000); and 13 homes have sold in 2023 ($305,000 to $2,100,000), totaling $11,034,334 at 96% ↑ of list prices.
· LAND: 77↑ vacant lots listed ($30,397 to $4,500,000); 11↑ pending sales ($90,000 to $999,900); and 16 lots have sold in 2023 ($10,000 to $850,000), totaling $3,667,000 at 91.3%↓ of list prices.
· COMMERCIAL: 4 commercial properties listed ($497,500 to $2,950,000); 0 pending sales; and 4 commercial properties have sold in 2023 ($85,000 to $2,250,000), totaling $4,835,000, at 90.5%↑ of list prices.
· RANCHES: The same 2 ranches are still listed ($2,250,000 to $6,999,999); 0 pending sales, and 0 ranches sold in 2023.
“The best investment on Earth is earth.” Louis J. Glickman, real estate mogul/philanthropist
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Gallatin Association of REALTORS Southwest Montana MLS |
Equal Housing Opportunity |
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