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

   

 

 

Comment balloon 0 commentsJenifer Lower • September 27 2011 09:31PM

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