Bozeman Homes For Sale
Search ALL Bozeman Houses For Sale – Data on Absorption Rates and History, Bozeman Homes For Sale
Up-To-Date Bozeman Homes Graphs Below:
Median Percent of Last List Price, Inside Bozeman City Limits and Outside City Limits
2019: The inventory of homes from late 2017 to the present has remained fairly even. Inside Bozeman the supply has been ~2.75 months. Outside the City limits the supply has hovered around 4 months.
2013 to 2017: Since mid-2017, the inventory of Bozeman homes inside city limits has increased.
But since mid-2016, the duration of time these homes have been for sale has decreased, from ~four months to ~2.5 months in 2019.
Median percent of list price from 2012 through late 2016 increased from 96+% to over 99+%, but, in Q3-2018 “median percent of list price” dropped, though it remains high.
Total Supply Bozeman Homes, Inside Bozeman City Limits and Outside City Limits
Beginning in the second half of 2017, homes for sale inside Bozeman city limits increased but continued decreasing outside of Bozeman’s city limits.
In 2019, the number of homes for sale within Bozeman’s city limit is decreasing once again.
The consistent drop in the past few years of the “Month’s Supply of Homes For Sale” stabilized at a very low point in early 2017 and has remained around 3 months since.
ABSORPTION RATE
Month’s Supply of Bozeman Homes Inside and Outside City Limits
Absorption Rate indicates how long it takes the average home, condo, town-home, etc. listing to sell in a particular area.
This rate is calculated by dividing the number of active homes for sale in a given month by the number of homes sold in a given month.
Absorption Rate = Active Listings/Sold Listings
LISTINGS IN OTHER SOUTHWEST MONTANA CITIES: BOZEMAN REAL ESTATE LISTINGS – BELGRADE MT REAL ESTATE LISTINGS – BIG SKY REAL ESTATE LISTINGS – GALLATIN GATEWAY MONTANA REAL ESTATE LISTINGS – LIVINGSTON MONTANA REAL ESTATE LISTINGS – MANHATTAN MT REAL ESTATE LISTINGS – THREE FORKS MONTANA REAL ESTATE LISTINGS – BRIDGER CANYON REAL ESTATE JACKSON CREEK HOMES
Taunya Fagan, Bozeman Real Estate – Boutique Luxury @ ESTATE House, 3960 Valley Commons Drive, Suite 1, Bozeman, MT 59718 – Call 406.579.9683
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