Where have all the North Of Montana lot values gone? – Santa Monica Real Estate
Anyone who has been looking for a piece of dirt NOM has seen the prices sky rocketing. A tear down on 21st St came on the market for $2.2mm and received 11 offers. It will close escrow for over $2.6mm in the next week.
The demand for dirt is at an all time high with both owner/users and developers competing for the land. We haven’t seen this kind of demand since the peak in 2006. If you are looking for a deal you won’t find it North of Montana for lot values. However, you might find a deal on older homes that need work.