Found 57 blog entries tagged as market update.

REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS

Statistics for Big Sky County MLS for June 2020 have been released and we are excited to share what the market has done over the last month and compared to June 2019. 

  • Average Sales Price for Single Family Homes have seen an increase of $56,717 jumping to $545,197. While Condo/Townhouses saw a decrease of 14.7% dropping the Average Sales Price to $291,791!

  • Closed Sales have slightly increased for Single Family Homes with a total of 66 closed transactions, up from 61 in 2019. Condo/Townhouses have also seen an increase of 10% with 55 Closed Sales.

  • Inventory of Single Family Homes has decreased by 31.2% to only 86 homes vs. 125 this time last year.  Inventory of Condo/Townhouse has increased…

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REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS

Statistics for Big Sky County MLS for May 2020 have been released and we are excited to share what the market has done over the last month and compared to May 2019. 

  • Average Sales Price for Single Family Homes have seen an increase of $25,097 jumping to $527,786. While Condo/Townhouses saw a decrease of 5.5% dropping the Average Sales Price to $336,042.
  • Closed Sales have decreased for Single Family Homes with a total of 41 closed transactions, down from 67 in 2019. Condo/Townhouses have also seen a decrease of 29.5% with 31 Closed Sales.
  • Inventory of Single Family Homes has decreased by 16.2% to only 88 homes vs. 105 this time last year.  Inventory of Condo/Townhouse has increased 44.1% to…

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REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS

Statistics for Big Sky County MLS for April 2020 have been released and we are dying to share what the market has done over the last month and compared to April 2019.

  • Median Sales Price for Single Family homes have seen an increase of $61,500 jumping to $490,000. While Condo/Townhouses saw an increase of 11.1% to $355,000.
  • Closed Sales have decreased for Single Family homes with a total of 23 closed transactions. Condo/Townhouses have seen an increase of 5.7% with 37 Closed Sales.
  • Average Sales Price for Single Family homes has jumped drastically with an increase of 35.2% to $657,573!  The Average Sales Price a Condo/Townhouse was $360,327 which is an increase of 1.2%.
  • Lastly, this…

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We've heard about it on the news lately, but what is it? What are the stipulations, will you go into default when you apply for it? How does it work, do you have to pay back the money after? Get the answers to these questions in our video!
Join Broker, Tamara Williams, and Loan Officer, Shannon Foley of Cornerstone Home Lending, as they dive into these questions and more.

For other COVID-19 updates check out these videos:
Mortgage changes with COVID-19 
COVID-19 | The Real Estate Market
Bozeman's Real Estate Market Changes Amidst COVID-19


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REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS

Statistics for Big Sky County MLS for March 2020 have been released and we are dying to share what the market has done over the last month and compared to March 2019.

  • The Median Sales Price for Single Family homes in Bozeman for March 2020 has seen an increase of $37,100 compared to March 2019.
  • Closed sales have remained the same for Single Family homes compared to March 2019 with a total of 41 closed transactions.
  • Year to Date, we are looking at an average sale price of $559,075 for Single Family homes which is an increase of 13.9% compared to March 2019. The average sales price for a Condo/Townhouse for March 2020 is $352,939 which is an increase of 9.9% compared to March of last year.
    • …

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REAL ESTATE MARKET UPDATE

  • The Median Sales Price for Single Family homes in Bozeman for February 2020 has seen an increase of $48,250 compared to February 2019.
  • Closed sales have remained the same for Single Family homes compared to February 2019.
  • Year to Date, we are looking at an average sale price of $538,938 for Single Family homes and $327,256 for a Condo/Townhouse.
  • Lastly, this statistic is always interesting. Percent of homes sold at or above list price came in at 98.3% year to date for Single Family homes and 98.5% 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 out. You can reach Broker, Tamara Williams at (406)…

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What happens when you want to sell your home and use those fund to buy your new home? Well, there's a name for that! It's called a contingency of sales, and it's not as complicated as you might think... or rather, it's not as complicated as people can make it out to be. We'll show you how to go about it properly!

 

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REAL ESTATE MARKET UPDATE

  • The Median Sales Price for Single Family homes in Bozeman for August 2019 has seen an increase of $54,000 compared to August 2018 and a $40,000 increase year-to-date!
  • Pending sales have increased 8.8% for Single Family homes compared to August 2018.
  • Year to Date, we are looking at an average sale price of $510,635 for Single Family homes and $336,620 for a Condo/Townhouse.
  • Lastly, this statistic is always interesting. Percent of homes sold at or above list price came in at 99.2% year to date for Single Family homes and 99% 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 out. You can reach Broker,…

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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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Happy Monday! Check out our local Monday Market Update for Bozeman City Limits.

In July 2019, single family homes in Bozeman City limits sold for 99.4% of their asking price! 

63 homes have gone under contract and 73 homes have sold! Here at Tamara Williams and Company we placed 9 properties under contract and sold 10 others. Take a look at our July 2019 Production. 

There were a total of 133 homes for sale, that is 36 homes less than 2018.  With an average days on market of 37 days, we bet you thought the average days on market was much less!  If homes were on the market longer than 37 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…

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