Real Estate news
by Alice & Jim – Team Hayes Realtors
October 6, 2013
The figures of the Current Activity and the Past Activity show that we are moving forward—not at incredible speeds—but slowly moving forward. 2013 Residential sales to date are almost the same as the number for the entire year of 2011. 2013 Land sales to date are only 25 less than the number for the entire year of 2008. 2013 Commercial/Multi-Family sales continue at a slow pace. Looks like we are on the "Up-Swing" in sales— We are looking forward to even better sales numbers throughout 2013.
January 1, 2013 to October 1, 2013
Shows Current real estate figures are:
SALES & PENDINGS
107 Residential Sales:
54 in Libby
27 in Troy
4 in Yaak
21 in Sanders
1 in Flathead
42 Land Sales:
16 in Libby
15 in Troy
2 in Yaak;
9 in Sanders
6 Commercial Sales:
2 in Libby
3 in Troy
1 in Sanders
29 Residential Pending:
18 in Libby
2 in Troy
0 in Yaak
9 in Sanders
11 Land Pending:
6 in Libby
2 in Troy
1 in Yaak
2 in Sanders
2 Commercial/Multi-Family Pending:
1 in Libby
1 in Sanders
ACTIVE LISTINGS
329 Residential Actives:
155 – Libby
71 -Troy
16 –Yaak
81-Sanders
6 - Flathead
381 Land Actives:
130 – Libby
104 – Troy
28 –Yaak
105 –Sanders
14 –Flathead
37 Commercial Actives:
20 in Libby
8 in Troy
0 in Yaak
8 in Sanders
2013 at a glance—How Is Lincoln County Real Estate in 2013?
So how is our market actually doing? Let’s compare:
January 1-December 31, 2012
120 Residential SOLDS
33 Land SOLDS
6 Commercial SOLDS
January 1-December 31, 2011
111 Residential SOLDS
37 Land SOLDS
7 Commercial SOLDS
January 1-December 31, 2010
93 Residential SOLDS
28 Land SOLDS
0 Commercial SOLDS
January 1-December 31, 2009
82 Residential SOLDS
33 Land SOLDS
6 Commercial SOLDS
January 1-December 31, 2008
98 Residential SOLDS
67 Land SOLDS
11 Commercial SOLDS
Interest rates remain at all time lows. Inventory selection offers many choices. Now could be a great time to buy.
As of 10-01-13 Conforming and FHA Loans:
30- Year Fixed; Interest = 4.375%; APR= 4.547%
30- Year Fixed FHA; Interest = 4.250%; APR=5.766%
15- Year Fixed; Interest = 3.375%; APR=3.669%
Information obtained from Lincoln County MLS.
_________________________________
Alice & Jim – Team Hayes Realtors, www.AliceHayes.com
406-293-8364 or 406-293-1926
Loveless Realty, 519 W. 9th - Libby, Montana
alice@alicehayes.com
jim@alicehayes.com
406-293-8364 or 406-293-1926
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