Real Estate in Libby, Troy & the Yaak
by Guest article by Alice L. Hayes, Loveless Realty
January 19, 2015
The figures of the Current Activity and Past Activity show we are moving forward—not at incredible speeds—but slowly moving ahead.
2014 showed One (1) More Residential SALES than 2013.
2014 showed Land SALES were Three (3) Less than 2013.
2014 showed One (1) More Commercial SALES than 2013.
2013 and 2014 were busy years with a number of our long-time listings moving to new owners.
We are looking forward to keeping the SALES momentum moving.
Interest Rates Remain at ALL Time LOWS—
Inventory Selections Are Growing—
NOW Could be a Great Time to Buy!
As of 1/01/2015 Conforming & FHA Loans:
30- Year Fixed; Interest = 3.81%; APR= 3.89%
15- Year Fixed; Interest = 3.10; APR=3.22%
2014 at a Glance—How Was Lincoln County Real Estate in 2014?
ACTIVE LISTINGS
263 Residential ACTIVES:
105 in Libby
64 in Troy
8 in Yaak
14 in Flathead
72 in Sanders
376 Land ACTIVES:
128 in Libby
107 in Troy
18 in Yaak
27 in Flathead
96 in Sanders
31 Commercial ACTIVE:
14 in Libby
3 in Troy
2 in Yaak
2 in Flathead
10 in Sanders
January 1, 2014—December 31, 2014 Current Real Estate Figures:
SALES & PENDINGS
157 Residential SALES:
99 in Libby
29 in Troy
4 in Yaak
5 in Flathead
20 in Sanders
53 Land SALES:
17 in Libby
18 in Troy
5 in Yaak
1 in Flathead
12 in Sanders
8 Commercial SALES:
5 in Libby
1in Troy
2 in Sanders
22 Residential PENDING:
5 in Libby
5 in Troy
1 in Yaak
2 in Flathead
9 in Sanders
12 Land PENDING:
8 in Libby
3 in Troy
1 in Sanders
2 Commercial/M-Family PENDING:
2 in Libby
So How Did Our Market Actually Do? Let’s Compare
January 1 to December 31, 2013
156 Residential SOLDS
56 Land SOLDS
7 Commercial SOLDS
January 1 to December 31, 2012
120 Residential SOLDS
33 Land SOLDS
6 Commercial SOLDS
January 1 to December 31, 2011
111 Residential SOLDS
37 Land SOLDS
7 Commercial SOLDS
January 1 to December 31, 2010
93 Residential SOLDS
28 Land SOLDS
0 Commercial SOLDS
January 1 to December 31, 2009
82 Residential SOLDS
33 Land SOLDS
6 Commercial SOLDS
January 1 to December 31, 2008
98 Residential SOLDS
67 Land SOLDS
11 Commercial SOLDS
For more information contact:
Alice & Jim Hayes, Team Hayes
Loveless Realty
519 W. 9th
Libby, MT 59923
PHONE: 406-293-8364 or 406-293-1926
TEXT: 406-293-8364
EMAIL: alice@alicehayes.com or jim@alicehayes.com
WEBSITE: www.alicehayes.com
Information obtained from Lincoln County MLS.
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