REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS
Statistics for Big Sky County MLS for September 2020 have been released and we are excited to share what the market has done over the last month and compare it to September 2019.
- Average Sales Price for Single Family Homes have seen an increase of 6.4% jumping to $604,528. While Condo/Townhouses saw a decrease of 9.1% putting the Average Sales Price at $341,917.
- Closed Sales have increased for Single Family Homes with a total of 60 closed transactions, up from 51 in 2019. Condo/Townhouses have also seen a large increase of 211.1% with 84 Closed Sales.
- Inventory of Single Family Homes has decreased by 70.7% to only 41 homes vs. 140 this time last year. Inventory of Condo/Townhouse has also decreased 73.1% to 39, down from 145 in August 2019.
- Lastly, this statistic is always interesting. Percent of homes sold at or above list price came in at 100.1% for Single Family Homes and 101.3% for a Condo/Townhouse.
Source: Big Sky Country MLS
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 Broker Tamara Williams at (406) 223-6823.
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