Real Estate Market Update

Found 48 blog entries about Real Estate Market Update.

Bozeman is one of the fastest growing micropolitan cities in all of America. This means our Gallatin Valley real estate market is also rapidly growing and changing as well. 

Big Sky MLS released a 2018 Annual real estate market report and the results did not disappoint. 

Here are some key takeaway stats from the report: 

  • In Gallatin County, we saw an average sales price rise by 13.4% in 2018 compared to 2017.
  • One of the many factors to the rise in pricing is due to the low inventory which dropped by 14.6% from 2017 to 2018.
  • Within the Bozeman City Limits, the total sales closed increased by 3.6% in 2018 and the percent of list priced received came in at 99.1% of all sold homes in the area. 

This Annual Report features many more

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REAL ESTATE MARKET UPDATE

  • The Median Sales Price for Single Family homes in Bozeman has seen a $20,500 decrease February 2019 compared to February 2018.  
  • Year to Date, we are looking at an AVERAGE sales price of $437,000.
  • There has been a 29.2% decrease year to date of sold properties in Bozeman. 
  • Lastly, this statistic is always interesting. Percent of homes sold at or above list price came in at 98.8% year to date. 

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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We are busy here at Tamara Williams and Company preparing for the Spring market! While there is still a significant amount of snow on the ground, believe it or not, spring is coming! 

 

Our awesome team spent the month of February not only helping our wonderful clients, but also tightening up procedures and marketing tools such as our website, strategic sales plan, and SWMBIA Home Expo displays.

Check out our production over the last month and let us know if you want your home to be next!

Listed Properties - 
1. 15135 Eagle Eye Way, Gallatin Gateway
2. 447 Hyalite View Drive, Bozeman
3. 502 N River Rock, Belgrade
4. 3430 S 23rd Avenue, Bozeman

Properties Pended - 
1. 3686 Tschache Lane, Bozeman
2. 6100 Bear Claw Lane, Bozeman
3. 1511 Ingomar, Belgrade

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REAL ESTATE MARKET UPDATE

  • The Median Sales Price for Single Family homes in Bozeman has seen a $80,000 increase January 2019 compared to January 2018.  
  • Year to Date, we are looking at an AVERAGE sales price of $475,000.
  • There has been a 42,4% decrease year to date of sold properties in Bozeman. 
  • Lastly, this statistic is always interesting. Percent of homes sold at or above list price came in at 98.3% year to date. 

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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Tamara Williams & Company had a great start to 2019 with over $900,000 in sales! 

As the days are getting longer, we are preparing for the soon to come inventory rush with spring!
Get your home listed while inventory is still low to be ahead of the game!


Check out our production over the last month and let us know if you want your home to be next!

Sold Properties - 
1. 1124 Longbow Lane #1E, Bozeman
2. 345 Topax Road, Belgrade
3. 319 Rex Fox Lane, Bozeman

Listed Properties - 
1. 299 Ramshorn Peak Lane, Bozeman
2. 3426 Lemhi Trail Drive, Bozeman

Properties Pended - 
1. 299 Ramshorn Peak Lane Bozeman
2. 3426 Lemhi Trail Drive Bozeman

To see what other listings we have in our inventory, CLICK HERE!

To get more information about buying your next home or…
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REAL ESTATE MARKET UPDATE

  • The Median Sales Price for Single Family homes in Bozeman has seen a $13,000 increase December 2018 compared to December 2017.  
  • Year to Date, we are looking at an AVERAGE sales price of $478,343.
  • There has been a 7.4% increase year to date of sold properties in Bozeman. 
  • Lastly, this statistic is always interesting. Percent of homes sold at or above list price came in at 99% year to date. 

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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2018 was a great year here at Tamara Williams & Company. We sold over $24 Million in Real Estate!

We are so thankful for our clients and our wonderful team of agents and office staff for their hard work and dedication to help us reach record numbers over the past year. 

In 2018, we sold at least one home every week and we look forward to helping many more clients with their real estate needs in 2019.

Brokerage Accomplishments:

  • In 2018, Tamara Williams ranked #11 Top Producing Agents in the Gallatin County for Residential sales 
    (There are 1,182 Active Brokers and Agents in the Gallatin Association of Realtors)

  • In 2018, Tamara Williams and Company ranked #16 Top Producing Brokerages in the Gallatin County for Residential sales
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    Today we are going over why the current Real Estate Market is of mixed value to both buyers and sellers, as well as, what can we anticipate for 2019? 

    Check out my blog if you are debating on Selling Your Home This Winter. Call Tamara Williams at (406) 223-6823 if you have any questions about this video, are interesting selling or buying property, and for all other Real Estate needs. 

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    Every 5 to 6 years, the U.S. Census Bureau provides data on our city, county, jobs, real estate data. Here are some data points from a City of Bozeman report on Demographic and Real Estate Market Assessment published in 2018. Check out the highlights below! 

     

    City of Bozeman Population 
    45,250

    Population Growth projection for the Gallatin County by 2045 is 159,000 people
    2017 - Current Population in Gallatin County is 105,000 people

    In the next 28 years, Gallatin County is projected to grow at 2,000+ people per year until 2045.

    Out of this growth, about half of the growth is likely to occur in the City of Bozeman. 

    Land Demand Projections 
    For residential, single family dwellings the density standard will be 3.0 units per every 1 acre. This is an

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    December 2018 Transactions

    We wrapped up the end of our 2018 year with a December to remember with over $1 Million in Sales!

    These numbers are proof that Winter is a great time to buy or sell a home!

    Check out our production over the last month and let us know if you want your home to be next!

    Sold Properties - 
    1. 615 1st Ave, Three Forks
    3. Upper Dam Drive, Canyon Ferry Lake (Buy Side)
    4. Upper Dam Drive, Canyon Ferry Lake (List Side)
    5. 1519 Ingomar Blvd, Belgrade
    6. 76 Cottonwood Road, Bozeman

    Listed Properties - 
    1. 15135 Eagle Eye Way, Gallatin Gateway

    Properties Pended - 
    1. 345 Topaz Road, Belgrade
    2. 3426 Lemhi Trail Drive, Bozeman

    To see what other listings we have in our inventory, CLICK HERE!

    To get more information about buying your next home…
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