Category: Bozeman Real Estate Market Reports
2022 Bozeman Real Estate Market Report
With the Fed’s help, we said goodbye to the frenetic bidding wars after the first quarter of 2022. This was a welcome market shift for buyers, who had to outbid and sacrifice condition issues to win a property. The price to pay……higher interest rates and higher payments for buyers obtaining financing. Today, the interest rate... Read More
Bozeman Summer 2022 Market Update
What is happening in the market? Here is a snapshot and our take on what to expect as we finish out the year. MARKET SHIFT The market has finally shifted closer to “normal” after a crazy post pandemic 2021. In 2021, the inventory stayed well below 1 month of supply for most of the year... Read More
232 Painted Hills – Stunning Home in SE Bozeman
Nestled in a gorgeous neighborhood in SE Bozeman, 232 Painted Hills exudes comfort. The wrap-around porch greets you from every entrance, beckoning you to sit and stay a while to soak up the mountain views and serene landscape. A gracious entry with warm vinyl plank floors sets the tone for a traditional country house. Each... Read More
426 Greenway – Bozeman Townhouse with Beautiful Views
Come see this single level three bedroom townhouse in NW Bozeman. Featuring vaulted ceilings, a fenced yard, and mountain views, 426 Greenway is a rare find in Bozeman. Recent updates include a new refrigerator, granite counters and newer stove, bath tile and beautiful engineered hardwood floors. The master suite offers a walk in closet. Two additional... Read More
Solution Series (Tip#9)
In our ninth installment, we break down some of the reasons for the rapid growth here in Bozeman and give our take on whether or not we are experiencing a housing bubble and when it’s likely to burst. This is a series of solutions and tips to help guide and empower you through Real Estate. Read More
3401 Fallon St. 3A: Affordable Bozeman living
Comfortable Bozeman Condo Take a look at this affordable Bozeman Condo, This 3rd floor unit is convenient to MSU, shopping, restaurants and the bus line. With a comfortable open floor plan and gas fireplace, you will stay toasty warm all winter and cool in the summer. The balcony with southern exposure and views of the... Read More
Market Update: December 2018
For those that have spent a good deal of time studying real estate market trends, you might know that our market is seasonally affected. Historically, January experiences the highest days on the market for residential property. In January, 2018, for example, the average days on market was 47, compared to 17 days in June, 2018.... Read More
Understanding the Purchasing Power of the Buyer
With all the news of the massive market changes, you might be wondering how this affects you as a buyer. We need to first look at what the current market is showing us through September 2018. Our trend for a strong seller’s market continues, with closed sales reported through September. Though we have seen a... Read More
On the Rise: Condos and Townhomes
If you drive past any part of Bozeman, you’ll more than likely find some sort of new housing development under construction. What may be surprising for some though is how many of these new developments are actually condos and townhomes, as opposed to traditional single-family detached homes. With both mortgage rates and gas prices having... Read More
How Rising Home Prices & Growing Wages Relate to Desirability in Montana
Montana housing market prices are high, especially in Bozeman. In 2016, the median sale price for a single-family home in Bozeman was $359,250. Fast forward one year— the median sale price in Bozeman in 2017 was $380,750 (a 5.98% increase from the previous year). This data was pulled from the Big Sky Country... Read More
- 1
- 2