Monday Market Update • March 23, 2020

Posted by Tamara Williams on Monday, March 23rd, 2020 at 8:15am.

Good Morning Bozemanites! It's time for our Monday Market Update for Bozeman.

This week, we are comparing Bozeman city limits statistics to outside Bozeman city limits for February 2020.

Single family homes within city limits sold for 98.3% of their asking price with an average sales price of $538,938 while homes outside city limits sold for 102.1% of their asking price with an average sales price of $880,767

More properties are coming onto the marking outside the city as new listings totaled 49 while inside city limits was 29.  More properties are selling within the city as February totaled 32 closed sales and outside the city 15 properties sold. 

There were a total of 63 homes for sale inside the city while 118 homes were active in the market outside city limits.  With an average days on market of 66 days within the city and 75 outside the city, the duration your home is on the market can be attributed to; price, location, and layout.

The length of time your property stays active on the market makes a difference in how buyers view your home.  With over 13+ years of experience in the real estate industry, Tamara Williams has fine-tuned her bullet proof "Marketing Plan" to ensure the best course of action when it comes to selling your home. 

Determining how much you list your home for isn't always easy and hiring the right Agent can make all the difference.  In today's market, it's more important than ever to price your home right.  We know how to price your property to make sure it sells.  If you are curious about your home's value in today's market, CLICK HERE and we will send you a FREE "Comparative Market Analysis."

Do you have any specific questions on the local real estate market?  Don't hesitate to contact us!

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