It's time for our Monday Market Update for Bozeman City Limits.
This week we are comparing condominium and townhouse statistics for February 2020.
Condominiums in Bozeman city limits sold for 98.4% of their asking price for an average of $327,762 while townhouses sold for 99.7% of their asking price for an average of $319,950.
39 condos have gone under contract and 29 sold in February. As for townhouses, 14 went under contract and 2 sold.
There were a total of 85 condos for sale with an average days on market of 81. Only 33 townhouses were actively for sale with an average of 48 days on the market! If properties were on the market longer there are several factors that could have contributed to that; 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!