Monday Market Update • July 6, 2020
Posted by Tamara Williams on
It's time for our Monday Market Update for Bozeman City Limits.
This week we are comparing condominium and townhouse statistics for May 2020.
Condominiums in Bozeman City Limits sold for 99.1% of their asking price for an average of $324,929 while townhouses sold for 99.3% of their asking price for an average of $374,143.
44 condos have gone under contract and 24 sold in May. As for townhouses, 18 went under contract and 7 sold.
There were a total of 122 condos for sale with an average days on market of 27. Only 25 townhouses were actively for sale with an average of 92 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…
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