While it may seem like we see for sale signs everywhere we look around town, there has been a change in the real estate market the same time last year. I have provided below data published by Big Sky Country MLS the market activity for the Gallatin County. (Please note: this data reflects all cities in the Gallatin County, not just for Bozeman.)
- For new listings hitting the market, there has been a 14% decrease.
- Current homes for sale are down 31% from last year. This does not mean that homes are not moving (aka selling).
- In fact, there has been a 10% drop in average days on market at 67 days vs. 75 days on market September 2016.
- We are still working with many out of state buyers who are relocating either on a temporary or