Bozeman, MT - market update

Is It Too Late to Sell My Home In 2022?

As 2022 enters the final few months, you may be wondering about making your move now to sell a home. "Can I still sell my home?" "Should I sell in 2022 or wait until the spring market of 2023?"

In every situation, this is a personal decision. If now is the right time for you and your family to move, there's no reason not to enter the market by listing. Some sellers, though, have the flexibility and want to ensure they are selling at the ideal time when they can get the best price for their home or the fastest offer.

Let us take a closer look at the market and overall conditions to get a better idea if now is the right time to sell.

What’s to Come in the Mortgage Market

There is no doubt we are entering a bit of a period…

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6 Things Sellers Need to Know Today that Weren't True Last Year

The housing market has been a seller's market throughout the pandemic, but is this still the case? The current trends are pointing towards an end to the real estate market conditions that created a bonanza for sellers. Many issues created a high-pressure market environment severely skewed in favor of sellers. From sky-high home prices, intense competition between buyers, and tactical play from sellers waiting for the right moment to put their homes for sale. 

It's worth saying outright: things are changing, and there are things home sellers need to be aware of today that weren't true last year. Here's what they are:

1. Home prices growth is returning to pre-pandemic levels

This is not the same as saying home prices are…

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How Do You Know If You're Ready To Buy a Home?

The Wild Wild West housing market had many people in panic mode — worrying that if they don't act now, they may never be able to buy a house amid record-high housing prices and increasing interest rates. With the ever-changing market conditions of today, hopeful homebuyers may be in a better position to act. It’s very important to remember that no matter what the market is doing, buying a home is something you shouldn't rush into. 

A mortgage is one of the biggest — and most important — responsibilities you’ll have in your life. Entering into home ownership before you are ready could have negative impacts on your financial health. In this post, we will take you through some steps to help you decide whether or not you are actually ready to…

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Monday Market Update • June 7, 2021

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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Monday Market Update • May, 10 2021

GOOD MORNING BOZEMANITES! IT'S TIME FOR OUR MONDAY MARKET UPDATE FOR BOZEMAN AND BELGRADE CITY LIMITS.

We decided to change things up a little and compare Bozeman City Limits statistics to Belgrade City Limits for March 2021.

Single Family Homes within Bozeman City Limits sold for 100.8% of their asking price while homes in Belgrade City Limits sold for 101.5% of their asking price.   

More properties are slowly starting to hit the market within the City of Bozeman as new listings totaled 43 and Belgrade City Limits had 45. More properties are selling within the City of Bozeman as March totaled 37 closed sales and 20 properties sold in Belgrade City Limits. 

There were a total of 22 homes for sale inside Bozeman while 19 homes were…

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Monday Market Update • April, 12 2021

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

This week we are comparing condominium and townhouse statistics for March 2021.

Condominiums in Bozeman City Limits sold for 101.8% of their asking price for an average of $465,641 while townhouses sold for 102.3% of their asking price for an average of $395,783.

55 condos have gone under contract and 33 sold in September. As for townhouses, 6 went under contract and 9 sold. 

There were a total of 20 condos for sale with an average days on market of 4. Only 4 townhouses were actively for sale with an average of 3 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.  

…

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Monday Market Update • April 5, 2021

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

In February 2021, Single Family Homes in Bozeman City Limits sold for 101.1% of their asking price! 

31 homes have gone under contract and 27 homes have sold! Here at Tamara Williams and Company we placed 11 properties under contract and sold 1 other. Take a look at our March 2021 Production.

There were a total of 22 homes for sale, which is -69% less than February 2020.  Sold properties have an average of 20 days on market. If homes were on the market longer than 20 days there are several factors that could have contributed to that; price, location, and layout. 

The length of time your property stays active on the market makes a difference in how buyers view…

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Monday Market Update • March 29, 2021

GOOD MORNING BOZEMANITES! IT'S TIME FOR OUR MONDAY MARKET UPDATE FOR BOZEMAN AND BELGRADE CITY LIMITS.

We decided to change things up a little and compare Bozeman City Limits statistics to Belgrade City Limits for February 2021.

Single Family Homes within Bozeman City Limits sold for 101.1% of their asking price while homes in Belgrade City Limits sold for 99.8% of their asking price.   

More properties are hitting the market within the City of Bozeman as new listings totaled 37 while Belgrade City Limits had 20. More properties are selling within the City of Bozeman as February totaled 27 closed sales and 20 properties sold in Belgrade City Limits. 

There were a total of 22 homes for sale inside Bozeman while 15 homes were on the…

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Local Real Estate Market Update | February 2021

REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS

Statistics for Big Sky Country MLS for February 2021 have been released and we are excited to share what the market has done over the last month and compare it to February 2020.

• Average Sales Price for Single Family Homes have seen an increase of 36.2% jumping to $733,804. While Condo/Townhouses saw an increase of 28.4% rising the Average Sales Price to $420,059.
  
  
• Closed Sales have decreased for Single Family Homes with a total of 27 closed transactions, down from 32 in 2020. Condo/Townhouses have also seen a slight decrease of 6.5% with 29 Closed Sales.
  
  
• Inventory of Single Family Homes has decreased by -69% to only 22 homes vs. 71 this time last year.  Inventory…

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Monday Market Update • March 8, 2021

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

We decided to change things up a little and compare Bozeman City Limits statistics to Belgrade City Limits for January 2021.

Single Family Homes within Bozeman City Limits sold for 99.9% of their asking price while homes in Belgrade City Limits sold for 99.6% of their asking price.   

More properties are hitting the market within the City of Bozeman as new listings totaled 40 while Belgrade City Limits had 18. More properties are selling within the City of Bozeman as January totaled 20 closed sales and 17 properties sold in Belgrade City Limits. 

There were a total of 18 homes for sale inside Bozeman while 14 homes were on the…

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