Manhattan's real estate market is currently considered a buyer's market, so take advantage and call me today!
Some notable real estate statistics for single family homes on less than 1 acre in Manhattan:
• The average sales price in December, 2011* was $186,000 showing a 20% decrease from $237,925 in January, 2011.
• The average list price at sale in December, 2011 was $209,000 showing a 13% decrease from $237,925 in January, 2011.
• Homes sold at 87% of list price in December, 2011 as compared to 93% of list price in January, 2011.
• The average number of days on market for sold listings in December, 2011 was 104, down 24% from 129 in January, 2011.
• There are currently 26 single family homes on less than 1 acre for sale in Manhattan.
• The absorption rate (the time it would take to sell off the current inventory at the current rate of sales) is over 12 months, indicating a strong buyer's market!
I am happy to assist you with any questions about this real estate market or this area! Call or email me today to discuss the best way for you to take advantage of this market!
*December, 2011 is the most recent comparable data available for this market area.
ZIP Code: 59741 Location Characteristics: The community of Manhattan, Montana is located approximately 20 miles west of Bozeman in Gallatin County. It is surrounded by wide open spaces and area farms, stunning mountain views, and lots of wildlife. Manhattan is a small community with a population of approximately 1,700. Special community events and seasonal festivals celebrate Manhattan's pride, heritage, and rural lifestyle.
Manhattan boasts a wide variety of activities within an hour's drive, including hiking, fly fishing, biking, golfing, and horseback riding. Enjoy access to world renown winter activities at Bridger Bowl Ski Area, Big Sky Ski Resort, and Moonlight Basin, and points of interest like Yellowstone National Park and the Lewis and Clark Caverns. And when you're done, soak those aching muscles in one of the many area hot springs!
About Diane Fuhrman:
Diane Fuhrman is a native Montanan who has lived in the Gallatin Valley all of her life. She has received many awards as a real estate professional and is committed to helping families buy or sell their homes. Diane is a broker, a member of multiple listing service (MLS), an accredited buyer representative (ABR), and a graduate of the Realtor Institute (GRI).
Whether you are interested in a home, vacant land or commercial property — please give Diane a call and talk to her about Montana, Bozeman, and your relocation needs. Let Diane put her real estate experience and extensive knowledge of Bozeman and the Gallatin Valley to work for you.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
