With 30+ active listings, totaling well over $10 million in value, The Corder and Associates team are experts at all types of Luxury homes and ranches for sale in Montana. Our vast experience in Montana real estate is not only in ranches, farms, and cabins but also specifically with luxury property. Here we will be breaking down just what to expect if you are in the market for a premium listing in the state of Montana
An Overview Of The Montana Real Estate Market
Beginning On the residential side, according to the Gardner Report, in the first quarter of 2022 home sales were 23% less than that of the first quarter in 2021. This indicates a trend of inventory becoming lower, as fewer sellers are listing homes driving more demand. A positive signal overall for property owners as pricing has increased by 13% from the final quarter in 2021.
According to the Billings Gazette, in 2021 land sales were at an all-time high, with almost 1.2 million acres selling compared to more than 800,000 acres in 2020. The record volume of sales was up 34% while inventory hit a record low, down nearly 50%.
When taking into consideration both the land and residential reports, you begin to get a sense of where the market is heading for luxury properties as well.
Finding Luxury Properties In Montana For Sale
Luxury properties in Montana can be a hot commodity with inventory trends and current demand in the state. This is a primary reason why working with an experienced local real estate agent can make a difference. We recommend starting by Browsing the inventory of properties currently available using a property search map, you can get a better sense of where in the state you can expect to find the right property for you
To get started, you can start by browsing our current inventory of listings, using our property search map, or contacting us directly by giving us a call. You can even start chatting directly with an agent using the green bubble on the bottom right of your screen.