The properties of metal‐ammonia solutions in the concentration range of the metal‐nonmetal transition between 0.1 and 10 mol percent metal (MPM) are discussed. The high‐frequency electrical properties show a number of characteristic features in this intermediate concentration range, such as additional dielectric relaxations at about 0.1 MPM and 0.7 MPM for LiNH3 and NaNH3, respectively, and a resonance‐like behavior at about 1.0 MPM and 1.5 MPM for LiNH3 and NaNH3, respectively. For both LiNH3 and NaNH3 the real part of the high‐frequency dielectric function changes to large negative values around 2.5 MPM, indicating a transition to metallic behavior at high frequencies. The high‐frequency properties, which are also discussed in terms of electron conductivity, are explained quantitatively as a function of concentration, temperature, and frequency using a model of polaron hopping. The metal‐nonmetal transition is related to structural changes in the solutions which lead to phase separations in LiNH3 and NaNH3 at lower temperatures. The structural properties of the solutions are investigated using sound velocity and ultrasonic attenuation data. Concentration and temperature dependence of the ultrasonic attenuation in LiNH3 and NaNH3 can be described quantitatively in terms of structural fluctuation.