Bozeman MT Real Estate Prices – Bozeman Luxury Real Estate Sales Update To End 2015
613 Total Bozeman Luxury Real Estate Listings, $500,000 to $1,000,000 Range, January to Mid-November 2015: 142 = Average Days on Market – $624,250 = Median Price. Includes Big Sky, Belgrade, Bozeman.
Mid-November 2015 Update For All Homes: Median sold Bozeman home size is 1576 sf, price per square foot is $156, and 3% of properties had price increases and 16% had price decreases. Bozeman condos, homes, and townhouse inventory is declining.
Bozeman Montana Real Estate Reports: Bozeman Montana Real Estate Price Trends continue their stability, and Bozeman homes sales are slowing, as are home sales in other Southwest Montana cities.
In early 2015, Lawrence Yun, chief economist with the National Association of Realtors (NAR) stated, “Over 80% of millennial and Gen X buyers consider their home purchase a good financial investment, and the desire to own a home of their own was the top reason given by millennials for their purchase.”
2014 Bozeman Real Estate Prices
Though inventory in late 2014 was lower than earlier in 2014, continued sales demand and fewer Bozeman, Montana homes listed for sale contributed to a relatively long run of price increases until late Summer 2014.
The inventory of Bozeman homes declined into October 2014, and current supply and demand levels show signs of price stabilization for Bozeman luxury homes, residential dwellings, condos, and townhouses. Prices for Bozeman homes for sale hit another all time high in August 2014.
2013 Bozeman Realty Prices
In late 2013, the market cooled off as supply caught up with demand. Bozeman home prices fell somewhat but overall 2013 was the best real estate sales year in southwest Montana since 2006.
2012 Bozeman Property Prices
In 2012, Bozeman home sales were booming, with the highest home prices in the Montana. The region was once again attracting investors, and those with a few extra dollars to spend on Bozeman Montana real estate from Montana’s oil business. The artsy community of Bozeman was a draw to many out-of-state people searching for second homes. Bozeman home values were forecast to inflate the most for any area of Montana, averaging a 2.9% increase by years end.
2011 Bozeman Homes and Property Prices
In 2011, Housing Predictor’s Montana rankings have four cities’ home values trending upward: Great Falls at a 2.9% increase, followed by Missoula, poised to rise 2.4%, Bozeman home values to rise 2.0% , and Billings at 1.6% increase in home prices.
2010 Bozeman MT Home Prices
Pertaining to Montana real estate prices for 2010, this housing forecaster had Montana real estate prices dropping from 2.5% to 3.6% across the four, aforementioned Montana cities.
2009 Bozeman Montana Home Prices
Based on US housing data received during 2009, Housing Predictor published a top 25 US Housing Market ranking. Five Montana cities placed in the top 25 for 2009: Bozeman 14th, Billings 18th, Livingston, MT 20th, Great Falls 22nd, and Missoula 25th.
2008 Bozeman Real Estate Trends
In 2008, Housing Predictor Montana Rankings had five Montana cities in the top 25 and two within the top 10 (you may recall that in January 2009, Billings ranked 3rd and Bozeman ranked 9th, placing both cities in the top 10 for US home values appreciation in 2009).
MONTANA REAL ESTATE REPORTS
Taunya Fagan, PureWest Properties, REALTOR®, ABR, CRS, GRI, Top Bozeman Real Estate Sales and Consulting Services –
Christie’s International Real Estate, 1612 W. Main Street, Bozeman, Montana 59715 – Christie’s Luxury Homes Specialist – 406.579.9683
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