Here are the Butte market stats for you to look over. Currently there are 293 Active Residential Listings in Butte. The Average sale price is $118,445 and the average days on market 127. Last year at this time sales prices were up 5% average sold price $124,452 and the average days on market 111. Overall sales are down 48% from last year.

It’s a great time to buy, prices and interest rates are down.

The current stats for the week of May 14-21 vs. previous week:

• 7 Sold verse last week 27
• 14 New listings verse last week 17
• 13 Price Changes verse last week 7
• 4 Expired verse last week 2

I believe that you readers out there appreciate and deserve this factual information about the Butte real estate market. We need more open honest information, not less. I’ m not making up these sales stats I’m just reporting them. In fact, I try to keep my personal opinions to a minimum and let you all inform the debate. Or do you want all real estate agents to be typical sales people who always paint a sunny picture even when it’s not in your interest or not true.  I am curious to hear what you think.

To all our loyal blog readers – while we love writing the blog and will continue to do so, we do make our living selling real estate in Butte. So please feel free to call upon us at 406-491-1234 for your real estate needs. Thanks for reading!

*Stats based on information from the Butte Board of REALTORS® MLS Service.

Tags: Realtors

Posted on Friday, May 22nd, 2009 at 1:07 pm and is filed under House Listings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.