Bozeman Area Happenings

BOZEMAN REAL ESTATE MARKET REPORT

August 2017 Real Estate Market
Posted by Rebekah Holten on September 05, 2017 in  Bozeman  Bozeman real estate  Buyers  Moving to Bozeman  Real Estate  Sellers
The average number of days on the market for a home has increased this month to 92; the past 5 months it has been 43-51 days on average.  An explanation as to the reason for the sudden increase in days on the market and decrease in sold homes, could be due to the average sale price of a single family home is now at the highest level that it has been in the past year.  The average single family home in Bozeman is now $563,172!  During the month of July, townhomes and condos took a jump ... read more
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In terms of days on the market, not much has changed.  Homes spent an average of 51 days on the market in March, 43 DOM in April, 46 DOM in May, and 47 DOM in June and July.  The total homes sold has increased since the summer began (going into the hundreds), but has remained pretty consistent the past few months.  Where we saw the big change was in the VALUE of the home.  Townhomes skyrocketed in price.  The average sale price of a townhouse in Bozeman was $436,780 this month (up from $266... read more
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This article was written by our agent, Mark Corner.  Mark has been in real estate for 33 years and grew up ski racing at Bridger Bowl since 1972!  Contact him at (406) 579-6636 or mark.corner@coldwellbanker.com 1. A STRONGER CHANCE YOUR OFFER WILL GET ACCEPTED. A seller is looking for the strongest offer possible for their home.  A preapproval letter means that you have met with a lender, provided all of your income, expenses, assets, debts, and credit report and met the basic requirements for... read more
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Another great month for real estate! The single family homes sold arethe highest it has been all year at 109 homes!  Just a month ago, there were only 79 homes sold.  Days on the market is way down for single family homes from last month (108 DOM for May and 49 DOM for June) this is also the lowest it has been all year.  There weren't as many townhomes sold this month as last month, however.  But the ones that were sold, went for a much less average sale price ($302,800) than last month ($316,45... read more
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