Market Update Bitterroot Valley | Real Living Greater Montana | Real Living Real Estate

Bitterroot Valley Market Update

February 2019

 Yes we have had quite the winter.  Spring is trying to make a showing
but it has had a hard time.

With all the snow in February it is understandable that we are down on
new listings and sales.  We are only down 5% on overall listings compared
to a year ago, but we are down 47% on the number of homes that sold in
February.  When you combine January & February sales we are down 23% 
from a year ago.  Our median sales price has increased but so has our
days on market, but that is to be expected with the winter we have had
since the first of the year.

If you are thinking of selling right now is a perfect time to put your
home on the market.  With lower interest rates and fewer homes on the 
you will be excited about the activity you will have selling your home.
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