Contact Us 406.556.7188

Bozeman Montana Market Update

Bozeman Montana Market Update

The below graphs show some marked improvements for our real estate market locally! The number of homes sold in the second quarter have nearly doubled, and the sales prices are creeping upward. This coupled with the phenomenal interest rates makes this an opportune time to consider your new home purchase. August, the first month of the third quarter, sets precedent for an outstanding third quarter! This month alone we have sold 67 homes with only 79 average days on the market.

If you are considering placing your home on the market, this is one of the best climates in the last 2 years to do so. And, if you are considering a purchase, it might be the perfect storm. Call our office for help with either and let us help you make the best decisions you can for your personal situation.

 

Homes on less than 1 acre
1st Qt

2nd Qt
 
# of Homes Sold 98 188
Days on the Market 126 82
% of Asking Price 96% 97%
Average Sales Price $212,136 $215,913

 

Homes on
1+ acres 
 

1st Qt

2nd Qt
 
# of Homes Sold 27 32
Days on the Market 179 106
% of Asking Price 92% 96%
Average Sales Price $464,511 $383,500

 

Share

Leave a Comment

You must be logged in to post a comment.