This Bozeman real estate market update provides clear, data-driven insight into pricing, inventory, and buyer behavior across the Gallatin Valley. Rather than focusing on headlines or national averages, this report is designed to help buyers and sellers understand what is actually happening on the ground — and how market conditions vary by price point and location.

Statistics from Big Sky Country MLS for September 2021 have been released! So let's compare it to September 2020 -

September Market Update

  • Average Sales Price for Single Family Homes has gone up 33%, vs Condo/Townhomes in Bozeman which have increased to 73% from September 2020 to September 2021. 
  • Closed Sales have begun to decrease for Single Family Homes by 28%, whereas Condo/Townhomes have also decreased by 19% in the last year. 
  • Inventory of Single Family Homes for Sale has seen an increase of 26%, vs the Inventory for Condo/Townhomes for sale has also increased to 10%. 
  • The Percent of List Price Received for Single Family Homes has increased by 26% which is similar to Condo/Townhomes that have increased by 28%.

Source: Big Sky Country MLS

If you…

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Statistics from Big Sky Country MLS for August 2021 have been released! So let's compare it to August 2020 -Real Estate Market Update

  • Average Sales Price for Single Family Homes has gone up 30%, similarly to Condo/Townhomes in Bozeman which have increased to 46% from August 2020 to August 2021. 
  • Closed Sales have begun to decrease for Single Family Homes by 17%, whereas Condo/Townhomes have been up by 8% in the last year. 
  • Inventory of Single Family Homes for Sale has seen an increase of 9%, vs the Inventory for Condo/Townhomes for sale has decreased to almost 50%. 
  • The Percent of List Price Received for Single Family Homes has increased by 1% which is exactly the same as Condo/Townhomes that have increased by 1% as well. 

Source: Big Sky Country MLS

If…

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Bozeman Real Estate Market Update Is The Market Slowing Down?

Home Buyers: If you are looking to purchase a home in the $350k-$600k price range, we have noticed less competition in the Bozeman market! (And that’s saying a lot!) 

The past year has been absolutely crazy for the local market. The pandemic resulted in a huge influx of people of all ages moving out of cities, making Bozeman a hot spot! As summer approached the Bozeman real estate market was still surging - driving up the prices. 

We're starting to see characteristics of parts years markets prior to 2020-2021. It is normal to see a drop in the market when kids start school. It normally picks up mid to late September, this is the time to take advantage of fewer buyers in the market before inventory starts to shrink! We…

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Statistics from Big Sky Country MLS for July 2021 have been released! So let's compare it to July 2020.

Bozeman Real Estate Market Update

  • Average Sales Price for Single Family homes has gone up 51%, similarly to Condo/Townhomes in Bozeman which have increased to 5% from July 2020 to July 2021. 
  • Closed Sales have begun to decrease for Single Family Homes by 42%, where Condo/Townhomes have only decreased by 9% in the last year. 
  • Inventory of Single Family Homes for Sale has seen a decrease of 30%, vs the Inventory for Condo/Townhomes for sale has decreased to 67%. 
  • The Percent of List Price Received for Single Family Homes has increased by 1.5% which is similar to Condo/Townhomes that have increased by 3.1%

Source: Big Sky Country MLS

If you are curious what this…

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REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS

Statistics from Big Sky Country MLS for June 2021 have been released! So let's compare it to June 2020.

Bozeman Real Estate Market Update

  • Average Sales Price for Single Family homes has gone up 53% as well as Condo/Townhomes in Bozeman have increased to a  whopping 74%  from June 2020 to June 2021. 
  • Closed Sales have begun to decrease for Single Family Homes by 12%, where Condo/Townhomes have increased by 20% in the last year. 
  • Inventory of Single Family Homes for Sale has seen a decrease at 47%, whereas, the Inventory for Condo/Townhomes for sale has decreased to 76%. 
  • The Percent of List Price Received for Singal Family Homes and Condo/Townhomes has remained the same from this past year around 102.5% 

Source:…

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REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS

Statistics from Big Sky Country MLS for May 2021 have been released! So let's compare it to May 2020.

  • Average Sales Price for Single Family Homes are starting to creep back up after April's plateau with a 41.2% increase, bumping to $745,179. Condo/Townhouses also saw an increase of 50.2% rising the Average Sales Price to $504,587.

  • Closed Sales have actually begun to increase for Single Family Homes with a total of 51 closed transactions, up from 41 in 2020. Condo/Townhouses are also increasing by 25.8% with 39 Closed Sales.

  • Inventory of Single Family Homes is still at a deficit by -65.9% with only 31 homes vs. 91 this time last year.  Inventory of Condo/Townhouse has seen a higher decrease…

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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 April 2021.  

Single Family Homes within City Limits sold for 102.3% of their asking price with an average sales price of $692,225 while homes Outside City Limits sold for 100.4% of their asking price with an average sales price of $1,290,336. 

There are about the same number of listings coming onto the market inside the City as new listings totaled 48 and Outside City Limits there were 49.  More properties are selling outside the City as April totaled 51 closed sales and inside the city 36 properties sold. 

There were a total of 19 homes for sale inside the City while 42 homes were active…

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IT'S TIME FOR OUR MONDAY MARKET UPDATE FOR BOZEMAN CITY LIMITS, April 2021.

In April 2021, Single Family Homes in Bozeman City Limits sold for 102.3% of their asking price! 

51 homes have gone under contract and 36 homes have sold! Here at Tamara Williams and Company we placed 10 properties under contract and sold 14 others. Take a look at our April 2021 Production.

There were a total of 19 homes for sale, which is -77.6% less than April 2020.  48 new listings, and sold properties have an average of 9 days on market. If homes were on the market longer than that there are several factors that could have contributed to that; price, location, layout, and seller preference. One promising factor buyers will want to keep an eye on in the upcoming…

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Listed Properties :

1. 91 N Shore Dr, Unit 8, Belgrade (Tamara Williams) 

Properties Pended :

1. 16 Ryan Lane, Whitehall (Diana Hafemeyer) (Buyer Represented)
2. 1522/1610 Hillcrest Dr, Polson (Diana Hafemeyer) (Buyer Represented)

Properties Sold :

1.  3138 Annie Street, Bozeman (Tamara Williams) (Buyer Represented)
2. 101 Quartz Street Unit #OC, Butte (Diana Hafemeyer) (Buyer Represented)
3. 4174 Moonstone Drive, Bozeman (Tamara Williams) (Buyer Represented)
4. 403 E Jefferson Ave, Unit A, Bozeman (Tamara Williams)
5. 75 Cherokee Trail, Three Forks (Tamara Williams) (Buyer Represented)
6. 2975 Outlaw Drive, Belgrade (Tamara Williams)/(Ashley Taylor) (Buyer Represented)
7. TBD Dobbins Court, Lot 2, Bozeman (Ashley Taylor)

To see what other…

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REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS

Statistics from Big Sky Country MLS for April 2021 have been released! So let's compare it to April 2020.

  • Average Sales Price for Single Family Homes have seen a smaller increase than previous months of 5.3%, bumping to $692,225. While Condo/Townhouses saw an increase of 19.3% rising the Average Sales Price to $429,874.

  • Closed Sales have actually begun to increase for Single Family Homes with a total of 36 closed transactions, up from 23 in 2020. Condo/Townhouses have also seen an increase of 24.3% with 46 Closed Sales.

  • Inventory of Single Family Homes is still at a deficit by -77.6% to only 19 homes vs. 85 this time last year.  Inventory of Condo/Townhouse has seen a higher decrease at …

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