Found 1 blog entry tagged as May Market.

REAL ESTATE MARKET UPDATE | BOZEMAN CITY LIMITS

Statistics from Big Sky Country MLS for May 2021 have been released! So let's compare it to May 2020.

  • Average Sales Price for Single Family Homes are starting to creep back up after April's plateau with a 41.2% increase, bumping to $745,179. Condo/Townhouses also saw an increase of 50.2% rising the Average Sales Price to $504,587.

  • Closed Sales have actually begun to increase for Single Family Homes with a total of 51 closed transactions, up from 41 in 2020. Condo/Townhouses are also increasing by 25.8% with 39 Closed Sales.

  • Inventory of Single Family Homes is still at a deficit by -65.9% with only 31 homes vs. 91 this time last year.  Inventory of Condo/Townhouse has seen a higher decrease…

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