Bozeman Real Estate News and Tips: Helpful Market Calculation for Your Real Estate Transaction

Information about Bozeman Montana, including activities, calendars, news updates, business openings and real estate tips, ideas and listings for buyers and sellers.

Helpful Market Calculation for Your Real Estate Transaction

Home prices: Your local forecast

384 markets tracked

Median home prices are expected to fall another 0.8% for the 12 months ending December 2012 but rise 4.1% in the 12 months after that. See how your market is expected to fare.
Billings, MT Metropolitan Statistical Area
SEE ANOTHER MARKET
Forecast change: second quarter, 2011 – second quarter, 2012
+3%
Forecast change: second quarter, 2012 – second quarter, 2013
+6.9%

Market fundamentals
Median Family Income
(Fourth quarter 2011)
$61,700
Median Home Price
(Fourth quarter 2011)
N/A
Change in Home Prices
(From fourth quarter 2010 thru fourth quarter 2011)
-1.9%
Worst 1-Year Home Price Change
(1980-2011)
-16.4%
(1987:Q4)
 
Missoula, MT Metropolitan Statistical Area
SEE ANOTHER MARKET
Forecast change: second quarter, 2011 – second quarter, 2012
+2%
Forecast change: second quarter, 2012 – second quarter, 2013
+4%

Market fundamentals
Median Family Income
(Fourth quarter 2011)
$62,100
Median Home Price
(Fourth quarter 2011)
N/A
Change in Home Prices
(From fourth quarter 2010 thru fourth quarter 2011)
-1.9%
Worst 1-Year Home Price Change
(1980-2011)
-13.5%
(1982:Q3)
Forecasts as of May, 2012, courtesy of Fiserv

For Information On Bozeman, MT Real Estate, email me or check out these helpful links:

For Those Of Us Who Are Visual Learners: Real Estate Market Broken Down

Condos In The News Today

Builders Confidence Level Rising

Bank of America Offers $30K to Short Sale Owners

The Numbers Are In: 46 Months to Clear the Distressed Housing Supply

Simple Rules For The Real Estate Market

0 commentsJenifer Lower • May 23 2012 07:59AM

Comments

Participate