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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
2021 was a record breaking year in Montana Real estate across the board, especially with regard to land sales. According to Montana Land Source exceptionally high demand led to an extraordinary volume of sales, and increased sale prices. The Montana land market had had a large backlog of inventory going into 2021, and the extreme high demand cleared out much of that inventory, and as a result the median days on market decreased dramatically.
Going into 2022 these trends have continued to hold strong. Prices have continued to rise in 2022 for Montana real estate. The Gardner Reports 2nd quarter analyisis of the residential real estate market in Montana found that Home prices rose 17.8% year over year to an average of $710,428 but were 12.9% lower than in the first quarter of 2022.
Overall, the record setting land sales of 2021, the major changes in inventory across the board, and the strength of the residential market in 2022 all indicate that hunting property for sale in Montana is a strong investment with no signs of slowing down.
Not only has demand increased while inventory has lowered, but hunting proeprties in general in Montana can often be difficult to come by. 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.