• Year to date, the median sales price of condos has increased by 12% and Single Family Home prices has increased by 6%.  
  • Inventory has dropped year to date by 3% and more drastically condo inventory has plummeted by 40%.
  • Months supply of inventory for condos and townhomes has dropped 46%. In addition, there is a 2.8 month of supply left for single family homes. 
  • This means it's definitely a seller's market right now.

    Overall, these are positive statistics for Bozeman, reflecting on the positive growth of our city. These numbers do not cry out any alarming updates that we should be concerned about, rather that our local market is doing great this past year! 

(These numbers are from the October 2016 update now available. (The November 2016 local market update to be available soon.)

BuyBozemanHomes Update:

It has been a crazy month with 4 homes pending to close this month!

We are expecting to put a few more under contract by the end of the 2016 year too! December tends to become a slower time of year but it's still going steady! There is also a hidden listing not on the below post in Westridge Subdivision - 4,060 sq ft home on a 20,000 sq ft lot so please do give me a ring if you're interested. Bozeman inventory is low right now; however, new construction lots (single family homes, condos, and townhomes) will be coming on the market Spring / Summer 2017, so keep a pulse on this by getting in contact ASAP. 

We are still scheduling Open Houses by Appointment until the end of the year! Let me know ASAP that you are interested and we will help get you into seeing homes. Check out my listings still available in Bozeman + Belgrade!  

Give me a call / text to 406-223-6823 or email Tamara@BuyBozemanHomes.com to schedule a showing today! 

Posted by Tamara Williams on


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