Monday Market Update • May 18, 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 March 2020.
Condominiums in Bozeman city limits sold for 98.8% of their asking price for an average of $358,624 while townhouses sold for 100% of their asking price for an average of $342,788.
24 condos have gone under contract and 25 sold in March. As for townhouses, 21 went under contract and 14 sold.
There were a total of 109 condos for sale with an average days on market of 57. Only 31 townhouses were actively for sale with an average of 52 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…
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