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Steve Laakso | Steve Laakso Real Estate Team Blog

Wednesday, September 6, 2023   /   by Steven Laakso

Market Update

As we step into the final month of the 3rd Quarter in 2023, the pulse of the Gillette market remains steady, firmly holding its ground. Our inventory is on the upswing, with just over 100 homes available in Gillette and around 70 homes currently under contract. Notably, our year-to-date days on the market have increased by 5 days, reaching 64 in comparison to the previous year. Although it might seem like a significant shift, this is primarily attributed to limited inventory and rising rates rather than a shortage of eager buyers. Properties priced under $250,000 still draw multiple offers, and the demand for multi-family/investment properties remains robust, with low vacancy rates and rising rental rates. This year, the $250,000-$299,999 price range continues to be the most active.

One common question we get is, “Is it still a good time to buy with strong prices and higher interest rates?”

Steve says, “It depends on you and your situation.”

“If y ...

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Wednesday, August 23, 2023   /   by Steven Laakso

Neighborhood Spotlight - Sage Bluffs/Sage Valley

Both Cam and I grew up in Sage Bluffs/Sage Valley subdivision, holding a special place in our hearts. What Cam loved about growing up in Sage Valley/Sage Bluffs were the walking paths, park (Sage Valley/Sage Bluffs Park), and the convenience of being so close to school. My favorite thing was the huge park to play basketball, football, and baseball in the summer, along with an ice-skating rink in the winter. How fun! With a skate park, Campbell County Public Library, Paintbrush Elementary School, and Sage Valley Junior High School all in close proximity, residents enjoy both outdoor activities and learning. What’s not to love about that? The strong sense of community ties everything together, making it a great place to call home for families and individuals alike.
Currently, there are two active listings and three under contract within the subdivision. The price range in the neighborhood varies from $200,000 to $600,000. If you would like more information on homes avail! ...

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