Great Falls Real Estate Report for August 2011
August 2011 SOLD listings for Great Falls Montana increased 36.5% over August 2010
This is good news for the area, and debunks the rumors that real estate is slowing or double dipping.
The most active price range was $140,000 - $160,000, typically where first time home buyers are buying. The biggest increase in sales percentage wise was the $250,000 - $300,000 price range. It appears upgrade buyers are taking advantage of the low interest rates and great home prices.
There were 1102 Active Listings in Great Falls in August 2011 and 176 New Listings, an increase of 9.3% over 2010
Overall sales are steady with properly priced homes seeing good activity. We hope to see similar numbers in September.