Real Estate in Libby, Troy & the Yaak
Guest article by Alice L. Hayes, Loveless Realty
January 16, 2014
The figures of the Current Activity and Past Activity show we are moving forward—not at incredible speeds—but slowly moving forward. 2013 Residential SALES are the Highest number since the 144 SALES for the year of 2007. 2013 Land SALES are only 11 less than the Highest number of 67 for the year 2008. 2013 Commercial/Multi-Family SALES are the same number as Sales for 2007. Looks like we are on the "Up-Swing" in Sales—We are looking forward to even BETTER sales numbers in the New Year!
January 1, 2013 – December 31, 2013 shows current Real Estate figures are:
SALES & PENDINGS
156 Residential SALES:
85 in Libby
35 in Troy
5 in Yaak
29 in Sanders
2 in Flathead
56 Land SALES:
20 in Libby
17 in Troy
3 in Yaak
16 in Sanders
7 Commercial SALES:
3 in Libby
3 in Troy
1 in Sanders
18 Residential PENDING:
11 in Libby
3 in Troy
0 in Yaak
4 in Sanders
11 Land PENDING:
7 in Libby
2 in Troy
0 in Yaak
2 in Sanders
0 Commercial/M-Family PENDING
ACTIVE LISTINGS
258 Residential ACTIVES:
123 – Libby
60 – Troy
4 – Yaak
65 – Sanders
6 – Flathead
329 Land ACTIVES:
90 – Libby
101 – Troy
27 –Yaak
94 –Sanders
17 –Flathead
34 Commercial ACTIVES:
16 in Libby
7 in Troy
1 in Yaak
2 Flathead
8 in Sanders
2013 at a Glance—How Was Lincoln County Real Estate in 2013?
So How Did Our Market Actually Do? 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
Information obtained from Lincoln County MT MLS.
Interest Rates Remain at ALL Time LOWS—
Inventory Selection Offers Many Choices—
NOW Could be a Great Time to Buy!
As of 12-31-13 Conforming & FHA Loans:
30- Year Fixed; Interest = 4.45%; APR= 4.53%
30- Year Fixed FHA; Interest = 4.125%; APR=5.640%
15- Year Fixed; Interest = 3.250%; APR=3.883%
___________________________________
Team Hayes Realtors—Alice & Jim Hayes
Loveless Realty, 519 W. 9th, Libby, MT 59923
Phone: 406-293-1926 Mobile: 406-293-8364
alice@alicehayes.com
jim@alicehayes.com
www.alicehayes.com
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