Real Estate in Libby, Troy & the Yaak – January 2020 Newsletter
Guest article by Alice L. Hayes, Loveless Realty
February 5, 2020
How is Libby, Troy, Yaak Real Estate market in 2019?
January 1, 2019 to December 31, 2019 real estate figures were:
SALES & PENDINGS:
174 Residential SALES:
115 in Libby, 53 in Troy, 6 in Yaak
89 Land SALES:
4 in Libby; 33 in Troy; 8 in Yaak
5 Commercial/Multi-Family SALES:
4 in Libby; 1 in Troy
21 Residential PENDING:
16 in Libby; 5 in Troy
2 Land PENDING:
1 in Libby; 1 in Troy
0 Commercial/M-Family PENDING:
ACTIVE LISTINGS:
85 Residential ACTIVES:
42 in Libby; 32 in Troy; 11 in Yaak
157 Land ACTIVES:
83 in Libby; 60 in Troy; 14 Yaak
4 Commercial/Multi-Fam ACTIVES:
4 in Libby
2019 was super busy. We were 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.'
Our Inventory of homes is in rather 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 2019?
10K-$150,000 = 62 Sales
151K - $250,000 = 56 Sales
251K - $500,000 = 49 Sales
501K - $800,000 = 6 Sales
801K - $1,500,000 = 1 Sale
Interest rates are GOOD - Now could be a great time to purchase.
As of December 31, 2019, conforming & FHA Loans:
30-Year Fixed; Interest = 4.250%, APR=4.375%
15-Year Fixed; Interest = 3.625%; APR=3.843%
Information obtained from Quicken.
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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