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

We decided to change things up a little and compare Bozeman City Limits statistics to outside Bozeman City Limits for July 2019.

Single family homes within city limits sold for 99.4% of their asking price with an average sales price of $524,751 while homes outside city limits sold for 98.4% of their asking price with an average sales price of $751,886. 

More properties are coming onto the marking within the city as new listings totaled 81 while outside city limits was 58.  More properties are also selling within the city as July totaled 73 closed sales and outside the city 49 properties sold in July. 

There were a total of 133 homes for sale…

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REAL ESTATE MARKET UPDATE

  • The Median Sales Price for Single Family homes in Bozeman for July 2019 has seen an increase of $90,500 compared to July 2018 and a $27,500 increase year-to-date!
  • Closed sales have increased 19.7% for Single Family homes and 10.2% for a Condo/Townhouse compared to July 2018.
  • Year to Date, we are looking at an average sale price of $503,352 for Single Family homes and $342,831 for a Condo/Townhouse.
  • Lastly, this statistic is always interesting. Percent of homes sold at or above list price came in at 99.3% year to date for Single Family homes and 99.1% for a Condo/Townhouse. 

 

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…

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