2017 was another great year for real estate (especially in Bozeman). In spite of low inventory, we saw an increase in residential units for the entire Big Sky Country MLS up 9% and total volume sold up 13.6%. The low-interest rates continue to give buyers a stronger buying power, offsetting some of the increased sales prices of homes in the area. Experts expect some of these trends to continue into 2018 with moderate and steady gains in the market, both nationally and locally.
Here's a look ... read more
#1) EVER INCREASING DEMANDDemand is at an all-time high in Bozeman. If you’ve been thinking of selling your home, there is no better time than now! The number of new residents moving to the area has made Gallatin County one of the fastest growing counties in the nation. Demand for housing in Bozeman priced under $400,000 is extremely high. Through November 2017, 459 single family homes were sold in the price range of $200,000 -$400,000, while the second highest was 295 single family homes in the $401,000 to $... read more
The Bozeman market is always interesting. Here is a recap of what has happened in the past year:
The total number of homes sold each month was in the 70-90 range (in the Bozeman area) until “real estate season” hit (May) and then we saw a drastic increase. In May, 123 homes were sold, in June 169, July saw 165 and then in August there was 140. Now that the warm weather is heading South, we are seeing the number of homes sold decrease. In September there were a total of 11... read more