Libby area real estate news July 2023
by Team Hayes Realtors LLC
July 3, 2023
Goodbye June
Hello July!! How has the market been so far in 2023? January 1, 2023 June 20, 2023 Real Estate figures were:
65 Residential SALES: 49 Libby; 15 Troy; 1 Yaak
44 Land SALES: 24 Libby; 15 Troy; 5 Yaak
6 Commercial/Multi-Family SALES: 6 Libby
23 Residential PENDING: 18 Libby; 5 Troy
25 Land PENDING: 10 Libby; 14 Troy; 1 Yaak
1 Commercial/Multi-Family PENDING (Libby):
100 Residential ACTIVES: 57 Libby; 41 Troy; 2 Yaak
93 Land ACTIVES: 53 in Libby; 36 in Troy; 44 in Yaak
17 Comm/Multi-Fam ACTIVES: 9 Libby
2023 has started off better than we thought it might. High interest and minimal inventory were a challenge - but our inventory has increased over the last few months. Homes and Land are selling, even though you may hear differently. If youve thought of selling, this could be the year to contact your Realtor and see if this just might be the time to move forward. Have a wonderful summer - it will be fall before you know it!!
Interest rates are rather challenging. As of June 30, 2023- Conforming & FHA Loans: Per Quicken 30-Year Fixed: Interest/6.731%; APR/6.808% 15-Year Fixed: Interest/5.987%; APR/6.129% OFFICE #: 406-293-2725 Cell #s: (Alice) 406-293-8364 (Jim) 406-293-1926 Texts: (Alice) 406-293-8364 alice@alicehayes.com jim@alicehayes.com www.teamhayesrealtors.com 417 Mineral Ave, Suite 1, in the Mineral Plaza Libby, Montana
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