Real Estate Market Update

Found 36 blog entries about Real Estate Market Update.

Check out the quote from Forbes.com below about Bozeman's up and coming luxury real estate market!

"2. Bozeman, Montana: Bozeman has been long renowned among outdoor enthusiasts for its fishing, hiking, skiing, and cycling. Perhaps one of the first hubs of "Silicon Prairie," Bozeman has become home to quite a few tech startups. As more jobs pour into the area, people are not only coming to Bozeman but staying there thanks to the outdoor amenities and work-life balance it affords - and the real estate market is reflecting this.

Bozeman is one of the fastest-growing non-metropolitan areas in the country. As the number of single-family homes in Montana has grown exponentially over the past 25 years, Gallatin county continues to lead that growth." -

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Is your home potentially worth $350,000 or less? If that's the case and you've had a tough experience selling, pick up the phone and call us today! Currently, there are a total of 91 single family homes active or pending on the MLS, 72 of which are under contract. That means only 19 homes are actively waiting for a home buyer - meaning inventory is very low. If you're wanting to make more on your home, don't wait to sell. If you need an awesome Realtor, call Tamara Williams at (406) 223-6823!

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We are past our first quarter in 2018 and the numbers are interesting! The market is proving to be more than stable. For single family homes, the median sales price in the city proper have shown almost a 15% increase from the past year. While days on market has dropped 26% which means homes are selling fast. Currently the inventory is still very low at not quite 2 months of supply. Summer is around the corner and we should see the supply increasing in no time.   

If you are curious what this will mean for you (as a buyer or seller), please don't hesitate to reach out. You can reach Tamara Williams at (406) 223-6823. 

 

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This is no surprise. The real estate market in Bozeman is great but we have LOW inventory. 

If you are a seller, this is a great problem to have.  If you are a buyer, this is not a dooms day scenario. Spring has just begun and summer will be even busier with a lot more inventory. 

 

Supply of Homes for Sale

 

Pending Sales

 
 

Closed Sales

 

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Average and Median Sales Prices

 
 

Sales Price to

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FEBRUARY 2018 TRANSACTIONS


Sold Properties:
1.) 12645 Kelly Canyon, Bozeman
2.) 4132 Moonstone Drive, Bozeman
3.) 216 Three Feathers Trail, Bozeman
4.) 6700 Sherman Drive, Belgrade

Purchased Properties:
1.) 1721 W Kagy Avenue, Bozeman
2.) 3040 Trade Wind Lane, Bozeman



Current Listings Pending:

540 Valley Drive, Bozeman
483 Stafford Avenue, Bozeman
98 N Cottonwood Road, Bozeman
319 Red Fox Lane, Bozeman
89 Wally D Lane, Belgrade
740 Bozeman Hill Road, Bozeman
11770 Gooch Hill Road, Bozeman
1006 E Gallatin Avenue, Belgrade

February was a busy month for us! If you are thinking of listing your home, consider working with Tamara Williams & Company as your team of local experts! We have a great team of Realtors that can make the process of selling your home a seamless…
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Did you hear? FHA loan limits have increased for 2018!


(The above images and information are brought to you by Shannon Foley and Graver Johnson Cornerstone Home Lending Team)

See if you qualify today! Find out more information from Cornerstone Home Lending, Inc.

Then, checkout Tamara Williams and Company Real Estate to begin your home buying experience! 

Tamara Williams & Company
Tamara Williams - Broker
406.223.6823


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How is the Real Estate Market?  
If you have any questions about the real estate market and deciding whether you should buy or sell this winter, please don't hesitate to reach out. Everyone is in a different situation and each neighborhood varies from one to another in terms of days on market, price per square foot, and let's not forget your competition. :) 

If you'd like to print this report, scroll to the bottom of the page and click 'PRINT'.  Call Tamara Williams at (406) 223-6823 or email me at Tamara@BuyBozemanHomes.com

New Listings

 

Homes for Sale

 
 

Supply of Homes for Sale

 

Pending Sales

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