Picking the Right Listing Agent – Exposure

What to look for in a Real Estate Agent when Selling your home

Why choose Keller Williams and the Jeremy Williams Team to sell your next home? Because we don’t all do the same things to sell a home.  Internet exposure is just one of the many tools that sets us apart from the competition. Be an educated seller and ask questions.

Jeremy Williams
Keller Williams Western Montana
Direct | 406-926-6767
jeremywilliams@kw.com
Missoula,MT


Missoula Residential Real Estate Market Update – June 2016

Download full report: Missoula Market Report June 2016

By The Numbers:

  • Homes sold June: 149; YTD 577
  • Average days on market June: 108; YTD 114
  • List-to-sale price June: 98%; YTD: 98%
  • Median sold price: $257,000; YTD: $246,381
  • % homes sold under $350,000: 5%
  • Homes actively listed at end of June: 443
  • Months of inventory: 5

SUMMER HAS ARRIVED IN MISSOULA! Despite low inventory, Missoula residential real estate sales were strong over the last six months. Homes in Missoula priced below $350,000 are being absorbed at a much faster rate than higher priced homes, leaving less than six months of inventory and fewer options for buyers to choose from. Demand for the more affordable homes outpaces supply, creating a seller’s market for most price points under $450,000. Conversely, there is between 9 and 16 months of inventory of homes priced at $450,000 and higher.

Absorption by Price Range_Missoula

Summer months usually bring more buyers to the market and, unless more new listings priced below $300,000 come on the market in the next couple of months, we anticipate it will remain a seller’s market throughout the remainder of summer in Missoula. Buyers who are seriously looking should be prepared with a pre-approval letter from a lender and be ready to make an offer, especially if shopping for a home priced under $300,000. Sellers whose homes are competitively priced will likely see a lot of activity and could sell within 97-98 percent of asking price.

Download full report here: Missoula Market Report_June 2016

Jeremy Williams
Keller Williams


Commercial Division – Keller Williams Western Montana

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June 18, 2016

Dear Clients:

WE AT KELLER WILLIAMS REALTY WESTERN MONTANA ARE VERY PLEASED TO ANNOUNCE THAT KW COMMERCIAL HAS OPENED A DIVISION HERE IN MISSOULA.

KW Commercial is the commercial real estate arm of Keller Williams Realty, one of the largest real estate firms in the United States.

KW Commercial is a full service commercial real estate firm with services including landlord, tenant, buyer and seller representation on all types of commercial property.  All property types include but are not limited to office, retail, industrial, land, multi-family, investment grade property, NNN properties and special use requirements.  Typical commercial transactions include leasing, selling, sale-lease back, investment sales and purchases, 1031 Exchanges, not-for-profit requirements, executive suite consultations, special consulting services, broker opinion of value, and a myriad of other services to meet commercial objectives.

KELLER WILLIAMS REALTY WESTERN MONTANA strives to provide you with outstanding real estate services.  With our affiliation to KW Commercial we can say that we truly encompass a full real estate spectrum from residential to commercial requirements.

Internationally, KW Commercial’s collective experience and knowledge spans a few hundred years.  Here in Missoula our team brings years of commercial real estate experience and knowledge which is positioned to meet your commercial real estate goals and objectives.

Thank you and we look forward to meeting all of your real estate needs.

 

It truly is a Great Day at Keller Williams.

Regards,

Jeremy Williams    

jeremywilliams@kw.com

Cell 406-531-1519 | Direct 406-926-6767

Keller Williams Western Montana

1817 South Ave West | Missoula, MT 59801




Missoula Residential Real Estate – 1st Quarter 2016

Download full report: Missoula Residential Real Estate Market Update_1st Q 2016

Missoula Residential Real Estate – By The Numbers:

  • Homes sold this quarter: 194
  • Average days on market: 112
  • List-to-sale price: 98%
  • Median sold price: $232,117
  • % homes sold under $300,000: 76%
  • Homes actively listed at end of quarter: 398
  • Months of inventory: 6.2

SPRING HAS SPRUNG! Missoula residential real estate sales were strong over the last three months despite low inventory. Homes in Missoula priced below $300,000 are being absorbed at a much faster rate than higher priced homes, leaving less than six months of inventory and fewer options for buyers to choose from. Demand for the more affordable homes outpaces supply, creating a seller’s market for most price points under $300,000. Conversely, there is between 11 and 42 months of inventory of homes priced at $450,000 and higher.

missoula residential real estate
Absorption by price range

Summer months usually bring more buyers to the market and, unless more new listings priced below $300,000 come on the market in the next couple of months, we anticipate it will remain a seller’s market throughout the summer in Missoula. Buyers who are seriously looking should be prepared with a pre-approval letter from a lender and be ready to make an offer, especially if shopping for a home priced under $300,000. Sellers whose homes are competitively priced will likely see a lot of activity and could sell within 97-98 percent of asking price.

Download full report here: Missoula Residential Real Estate Market Update_1st Q 2016

PS – We’ve moved to Keller Williams! Same great team, same excellent service!

Jeremy Williams
Keller Williams


We made the move!

Keller Williams
Dear Friends,
This year is already off to a great start and we have some very exciting news to share.  During the week of March 21, 2016, we will be moving our real estate business to Keller Williams Realty.  KW is the largest real estate franchise in the world currently with 134,000 agents and rapidly growing.  My family has also been given the amazing opportunity to become personally involved in the new Keller Williams Missoula-based office.  Not only does this opportunity bring a large national and global audience to our client’s properties, Keller Williams also offers our clients a wide reach across the sate of Montana with market centers in Kalispell, Bozeman, Billings, Helena and a smaller business center in Great Falls.  While the Keller Williams brand is new to Missoula, the leadership team and owners are local families that have been in the Missoula and the Bitterroot Valley real estate business for 10-20 years respectively.

What does this mean for our clients?  Keller Williams offers excellent exposure on properties, more tools for our buyers and sellers, and top notch technology.  Over 87% of buyers are finding the home they purchase on the internet and then use an agent (a National Association of Realtors statistic).  With the technology and internet reach that Keller Williams offers, we will have added on-line exposure of our listings to capture those buyers.  Our clients will continue to have the same great service we have provided for the last 10 years with additional tools to better serve you.

We are extremely grateful to Windermere Real Estate, our broker John Brauer, and the Mytty family for our time shared together.  Our appreciation and respect for everyone at Windermere Real Estate remains steadfast. We didn’t leave because we were unhappy.

We are very excited for this next chapter in our real estate careers and to be part of Keller Williams.  We look forward to sharing the KW experience with our friends and clients.  So, if you, or anyone you know, is looking to buy or sell real estate, we would appreciate you sharing our new contact information with them.  Referrals are a very important part of our business, and we look forward to helping you, your friends and your family with all of your real estate needs.  Please notice that we do have new email addresses:  jeremywilliams@kw.com

 and kimw@kw.com.

 

With gratitude,

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Jeremy Williams

Keller Williams Realty

406-926-6767 (Direct)

jeremywilliams@kw.com


Missoula’s Newest Townhomes

Aspens Missoula

Aspen Trees Small

There are no refunds for time, so spend your time wisely.Missoulas Newest Townhomes
  • Maybe you are ready to downsize.
  • Maybe you are ready to own instead of rent.
  • Maybe you would rather enjoy a baseball game instead of cut the grass.
  • Maybe you would rather float the river instead of paint your house.
  • Maybe you would rather go to dinner with friends instead of shovel snow.
  • Whatever your reason, The Aspens is a great place to call home.

Ask about:

Down payment Assistance Programs and Possible 100% Financing options for qualified buyers

Compare payments to rent!

 

The beauty of a townhome is that you get to live in a home that is basically worry-free with less time spent on maintenance and more time spent doing the activities you enjoy in life.

The Aspens are conveniently located near Southgate Mall, easily accessed by Reserve Street and centrally located in the heart of Missoula. At The Aspens, you are ten minutes in any direction (sometimes less) from sporting events, great dining and as much culture as you have time in your schedule to enjoy.

Aspens Missoula Plat Map

Directions: From Reserve Street, East on Spurgin, Right on Eaton, Right onto Aspen Grove.

Current Offerings:

Lot Number                      Model                         Price                            Estimated Completion

16                                             Blackfoot                     $238,000                              End of January

17                                             Clark Fork                   $245,500                              End of February

53                                            Blackfoot                      $234,500                              End of November

55                                            Clark Fork                    $242,500                              January

Prices and home offerings as of 11/17

 

You have a list of things you want to accomplish in life. If owning a brand new home is on your list, let us help you fulfill that dream.

Home ownership has never been so affordable.

The Aspens Bldg1V1Main     The Aspens Bldg1V1Upper

To see the newest phase of townhomes available and for current pricing, call Jeremy 406.532.7919 today!

Williams & Associates | Keller Williams Realty

406.926.6767 | www.missoulacountyhomes.com

Aspen Trees Small


Denny Martz Custom Homes

A Signature Denny Martz Home

Recognized as one of Missoula’s premier home builders, Denny Martz has 20 years of experience building homes in the Missoula Valley, and April Martz has over 10 years invested in working along side her husband as a designer. Clients of Denny Martz Homes will experience….

  • A committed builder and interior designer dedicated to transforming your vision into a home built with quality products and careful attention to detail.
  • A construction process that delivers on time and on budget.
  • A continuity between interior design and exterior finishes.
  • Design plans that enhance functionality and creative expression.
  • A local, family-owned business that understands the value of integrity and professionalism.


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For information about home building opportunities available with Denny Martz Homes, please contact us today.


Missoula Residential Real Estate – December 2015


BY THE NUMBERS

  • Homes sold December 2015: 56
  • Average days on market: 119
  • List-to-sale price: 98%
  • Median sold price: $224,750
  • Homes sold YTD December 2015: 1,034
  • Median sold price YTD December 2015: $253,529
  • Homes actively listed for sale at the end of December 2015: 262

DESPITE LOW INVENTORY, HOME SALES GREW 14% in 2015

Despite a dip in December, home sales in 2015 outpaced 2014 sales nearly each month of the year; the year ended with a total of 127 more sales than in 2014, a 14 percent increase. Homes continued to sell between 97 and 98 percent of asking price with homes selling, on average, in about three and a half months. There were 262 homes on the market at the end of the year.

missoula residential real estate by the numbers December 2015

OVERALL SHORT-TERM MARKET OUTLOOK

Missoula residential real estate market performance throughout 2015 demonstrated that it is still a seller’s market and unless something drastic happens with inventory or interest rates over the next couple of months, it appears it will continue to be a seller’s market into the first part of 2016.

2015 inventory levels were lower than 2014 levels and year-to-date sales outpaced 2014 by about 14 percent. Both inventory and sales typically decrease during the winter months but based on the sales data we have seen over the last several months, we believe homeowners who list their homes while there is still snow on the ground will see that there are plenty of qualified buyers out there looking to purchase, especially in the under $350,000 price range.

Seller Recommendation: As is typical for the winter months, many homeowners have taken their homes off the market. With inventory at the lowest levels we’ve experienced in years (262 active listings at the end of December) there are many buyers out in the market who are unable to find a home that suits their needs and wants. We strongly recommend to sellers that they either keep their home listed or put it on the market now while there is minimal competition. Homeowners who are competitively priced may entertain multiple offers; sellers are currently getting between 97 and 98 percent of asking price.

Buyer Recommendation: With the lowest inventory levels we’ve seen in years buyers are having a difficult time finding homes to purchase – so be prepared to pay between 97 and 98 percent of asking price, on average, for a reasonably priced home. Prior to beginning your search we recommend that you be prepared with a loan pre-approval letter and ready to make an offer immediately to avoid a possible multiple offer scenario. Your choice of Realtor will also be extremely important, as a proactive agent will not limit their search to the active listings on the MLS and will likely be more creative in finding homes for their buyers.

Download a copy of the full Missoula Residential Real Estate market report here:  Market Report_December 2015

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Keller Williams Real Estate – Missoula,MT