Libby Area Real Estate News – September 2018
by Alice & Jim - Team Hayes Realtors
September 1, 2018
How has Libby, Troy, Yaak’s Market been in 2018? January 1, 2018 to August 31, 2018 Current real estate figures were:
SALES & PENDINGS: 110 Residential SALES: 66 in Libby; 39 in Troy; 5 in Yaak
60 Land SALES: 39 in Libby; 19 in Troy; 2 in Yaak
8 Commercial/Multi-Family SALES: 7 in Libby; 1 in Troy
37 Residential PENDING: 27 in Libby; 7 in Troy; 3 in Yaak
6 Land PENDING: 8 in Libby; 6 in Troy; 2 in Yaak
1 Commercial/M-Family PENDING: 1 in Libby
ACTIVE LISTINGS: 125 Residential ACTIVES: 59 in Libby; 58 in Troy; 8 Yaak
216 Land ACTIVES: 118 in Libby; 84 in Troy; 14 in Yaak
17 Comm/Multi-Fam ACTIVE: 14 in Libby; 3 in Troy; 0 Yaak
2018 has been very busy. We have been able to help many people move to their new home, move out of their old home, sell their land, or even move to a new town. But, there have been others who are still looking to sell their home or land or looking to buy that ‘just right home’ or ‘perfect piece of land’. We trust this will be their year.
Inventory is in pretty Short supply and we are looking for more options to offer buyers. If you’ve ‘toyed’ with the idea of selling –we would enjoy visiting with you about how we can help.
What Were the Price Ranges of SOLDS so far in 2018? 10K - $150,000 = 42 Sales 151K - $250,000 = 37 Sales; 251K - $500,000 = 26 Sales 501K - $800,000 = 3 Sales 801K - $1,500,000 = 2
Interest Rates Remain LOW— NOW Could be a Great Time to Purchase As of 08/31/2018 Conforming & FHA Loans: 30-Year Fixed; Interest = 4.66%; APR= 4.73% 15-Year Fixed; Interest = 4.14 %; APR= 4.26% Information obtained from Montana Regional MLS (MRMLS)
Cell #’s: (Alice) 406-293-8364 (Jim) 406-293-1926
Emails: alice@alicehayes.com jim@alicehayes.com Website: www.alicehayes.com
Loveless Realty - 519 W. 9th - Libby, MT 59923
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