Real Estate in Libby, Troy & the Yaak March, 2016 Newsletter
by Guest article by Alice L. Hayes, Loveless Realty
March 23, 2016
(As of 03/01/16)
The figures for 2015 showed 2015 was quite a good year. And the figures for January through March of 2016 show we continue to move forward. Our amazing warm and sunny weather puts sellers and buyers in the mood to think about selling and/or think about buying real estate. We are looking forward to keeping the SALES momentum moving throughout this new year!
January 1 March 1, 2016 Current Real Estate Figures:
ACTIVE LISTINGS
201 Residential ACTIVES:
84 in Libby
45 in Troy
45 in Yaak
11 in Flathead 53 in Sanders
299 Land ACTIVES:
79 in Libby
87 in Troy
14 in Yaak
41 in Flathead
81 in Sanders
28 Commercial ACTIVE:
15 in Libby
5 in Troy
1 in Yaak
7 in Sanders
SALES & PENDINGS
15 Residential SALES:
8 in Libby
3 in Troy
2 in Yaak
2 in Sanders
2 in Flathead
12 Land SALES:
7 in Libby
1 in Troy
2 in Yaak
1 in Flathead
1 in Sanders
1 Commercial PENDING:
1 in Libby
33 Residential PENDING:
11 in Libby
8 in Troy
2 in Yaak
2 in Flathead
10 in Sanders
12 Land PENDING:
10 in Libby
1 in Troy
1in Flathead
So How Did Our Market Actually Do? Lets Compare
January 1 to December 31, 2015
148 Residential SOLDS
58 Land SOLDS
6 Commercial SOLDS
January 1 to December 31, 2014
157 Residential SOLDS
53 Land SOLDS
8 Commercial SOLDS
January 1 to December 31, 2013
120 Residential SOLDS
33 Land SOLDS
6 Commercial SOLDS
January 1 to December 31, 2012
111 Residential SOLDS
37 Land SOLDS
7 Commercial SOLD
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
Interest rates remain at all-time LOWS. Inventory selections are pretty slim and new properties are Welcome.
As of 03/01/2016
Conforming & FHA Loans:
30-Year Fixed; Interest = 3.74%; APR= 3.81%
15-Year Fixed; Interest = 3.00%; APR=3.13%
(Per Mort. 101)
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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