Bozeman Real Estate News and Tips: January 2012

Three Forks Montana Real Estate 4th Quarter Market Update

Three Forks Real Estate 4th Quarter Market update

The following graphs should help you understand where the market in Three Forks is for the 4th quarter of 2011.

Market for Single Family Homes in Three Forks, MT

three forks montana real estate 

The previous graph indicates that the fourth quarter we sold more homes than we have in the first three quarters of the year, however, the homes selling that are selling are the lower price point.  Three Forks is still a slower market presently, we are hoping to get through the foreclosure inventory and back to a stable market this next year.

Real Estate Inventory for Three Forks, MT

three forks montana real estate

This graph is an indication of our inventory, how well it is moving, and how long it might take to get your home sold. We refer to this as the Absorption Rate.  For Three Forks, this graph is a dismal indication that you will have to plan on an extended market time to sell your home as there are more homes for sale that there are buyers available. 

Average Asking Price to Actual Sold Price

Three forks montana real estate

The last chart I would like to share with you is the average asking price to sold price. As you can see, if you own a Single Family home under an acre you can expect some negotiations on your asking price, but we have done a better job of pricing those homes over an acre and there is less negotiating.

If you have further questions about Three Forks homes for sale, or would like to search the homes for sale in Three Forks Montana, please don't hesitate to call or email! We are your expert local real estate broker.

0 commentsJenifer Lower • January 30 2012 10:11AM
Three Forks Montana Real Estate 4th Quarter Market Update
share
Three Forks Real Estate 4th Quarter Market update The following graphs should help you understand where the market in Three Forks is for the 4th quarter of 2011. Market for Single Family Homes in Three Forks, MT The previous graph indicates… more
Manhattan Montana Real Estate 4th Quarter Market Update
share
Manhattan ontana Real Estate 4th Quarter Market update The following graphs should help you understand where the market in Manhattan is for the 4th quarter of 2011. Market for Single Family Homes in Manhattan, MT The previous graph… more
Belgrade Montana Real Estate 4th Quarter Market Update
share
Belgrade Montana Real Estate 4th Quarter Market update The following graphs should help you understand where the market in Belgrade is for the 4th quarter of 2011. Market for Residential Real Estate in Belgrade, MT The previous graph indicates that… more
Bozeman Montana Real Estate 4th Quarter Market Update
share
Bozeman Montana Real Estate 4 th Quarter Market update The following graphs should help you understand where the market in Bozeman is for the 4 th quarter of 2011. Market for Single Family Homes in Bozeman, MT The previous graph indicates… more
Staging for Pet Owning Sellers: CATS
share
Staging for Pet Owning Sellers Part 1 - Cats When you list your house, you hope it will sell quickly, being a pet owner can make the selling process a little more difficult and time consuming. Here are some suggestions that may help the sellers… more
Want to Visit Bozeman? Bozeman International Airport Flight Specials!
share
Looking for ways to get to MT? Here are just a few more! Bozeman Yellowstone International Airport is offering a new direct service flight to San Francisco beginning this April. The new flight will occur twice-a-week with prices starting at.. more
Ultimate Trust
share
Again, you can't connect the dots looking forward; you can only connect them looking backwards. So you have to TRUST that the dots will somehow connect in your future. You have to trust in something - your gut, destiny, life, karma, whatever. This… more
Foreclosure and Short Sale Weekly Listing for Gallatin Valley,…
share
Active Foreclosures in Bozeman, Belgrade, Manhattan, Three Forks, & Big Sky! Week of January 23, 2012 The following links are for the current FORECLOSED HOMES in the Gallatin Valley. They are usually priced well and most do not stay on the… more
BZN Gallatin Field Airport Goes International!
share
BZN Gallatin Field Airport Bozeman airport HAS MADE MAJOR IMPROVEMENTS AND IS NOW AN INTERNATIONAL AIRPORT! Bozeman airport has made many changes to make it a classier, fancier, and an all around more impressive airport… more
Preparing Your Child for a Move
share
Sooner or later, many families face the prospect of moving. Disruptive as moving can be for parents, the experience can be even more traumatic for kids, who may not be a part of the decision to move and might not understand it. Some children… more