Real Estate in Libby, Troy & the Yaak - January 2019 Newsletter
by Guest article by Alice L. Hayes, Loveless Realty
January 1, 2019
How was Libby, Troy, Yaak Real Estate in 2018?
January 1, 2018 to December 31, 2018 real estate figures were:
SALES & PENDINGS: 182 Residential SALES: 112 in Libby, 60 in Troy, 10 in Yaak
81 Land SALES: 49 in Libby; 29 in Troy; 3 in Yaak
12 Commercial/Multi-Family SALES: 8 in Libby; 4 in Troy
7 Residential PENDING: 6 in Libby; 1 in Troy; 0 in Yaak
6 Land PENDING: 4 in Libby; 1 in Troy; 1 in Yaak
0 Commercial/M-Family PENDING:
ACTIVE LISTINGS: 102 Residential ACTIVES: 46 in Libby; 49 in Troy; 7 in Yaak
186 Land ACTIVES: 104 in Libby; 74 in Troy; 8 Yaak
16 Commercial/Multi-Fam ACTIVES: 14 in Libby; 2 in Troy; 0 in Yaak
2018 was a very busy year. 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. Quality Inventory is in 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 in 2018? 10K-$150,000 = 79 Sales 151K - $250,000 = 53 Sales 251K - $500,000 = 43 Sales 501K - $800,000 = 5 Sales 801K - $1,500,000 = 2
Interest rates remain Low - Now could be a great time to purchase. As of December 31, 2018, conforming & FHA Loans: 30-Year Fixed; Interst = 4.69%, APR=4.76% 15-Year Fixed; Interest = 4.17%; APR=4.28%
Information obtained from Montana Regional MLS (MRMLS)
Alice & Jim - Team Hayes Realtors Loveless Realty - 519 W. 9th - Libby, MT 59923 Cell #’s: (Alice) 406-293-8364, (Jim) 406-293-1926 Texts: (Alice) 406-293-8364 Emails: alice@alicehayes.com jim@alicehayes.com Website: www.alicehayes.com
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