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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Bozeman, Montana

Reported by Diane Fuhrman, REALTOR

Updated May 1, 2012.

Current Market Rating: 3




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Buyer's

Seller's

Current Price Trend: 4




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Falling

Rising

Bozeman's real estate market is currently considered a buyer's market, so take advantage and call me today!

Some notable real estate statistics for single family homes on less than 1 acre in Bozeman:

• The average sales price in April, 2012 was $285,507 showing a 4% increase from $273,965 in April, 2011.

• The average list price at sale in April, 2012 was $293,912 showing a 2.8% increase from $285,631 in April, 2011.

• Homes sold at 97.1% of list price in April, 2012 as compared to 95.9% of list price in April, 2011.

• The average number of days on market for sold listings in April, 2012 was 81, down 61% from 130 in April, 2011.

• There are currently 213 single family homes on less than 1 acre for sale in Bozeman.

• The absorption rate (the time it would take to sell off the current inventory at the current rate of sales) is 6.6 months, indicating a neutral/buyer's market!

I am happy to assist you with any questions about this real estate market or this area! Call or email me today to discuss the best way for you to take advantage of this market!

ZIP Code: 59715

Location Characteristics: Bozeman, Montana, the county seat and largest community in Gallatin County, provides a lifestyle unparalleled. Situated in the beautiful Gallatin Valley with breathtaking 360 degree mountain views, Bozeman is sure to impress. Bozeman has a population of approximately 38,000, and its economy is based upon agriculture, Montana State University, government, and tourism.

Bozeman is an outdoor sports mecca, boasting a wide variety of activities within an hour's drive, including hiking, fly fishing, biking, golfing, and horseback riding. When you're done, soak those aching muscles in one of the many area hot springs! Enjoy access to world renown winter activities at Bridger Bowl Ski Area, Big Sky Ski Resort, and Moonlight Basin. Feel like staying in? Take in some live theater or opera, stroll the Gallatin Valley Mall or the many shops on Main Street, cheer for the Bobcats at an MSU game, or check out the world famous Museum of the Rockies. Whatever mood you're in, Bozeman surely has something to offer!


For More Information:

View Market Conditions of other areas served by Diane Fuhrman

Navigate: Top > Montana > Bozeman

About Diane Fuhrman:
Diane Fuhrman is a native Montanan who has lived in the Gallatin Valley all of her life. She has received many awards as a real estate professional and is committed to helping families buy or sell their homes. Diane is a broker, a member of multiple listing service (MLS), an accredited buyer representative (ABR), and a graduate of the Realtor Institute (GRI).

Whether you are interested in a home, vacant land or commercial property — please give Diane a call and talk to her about Montana, Bozeman, and your relocation needs. Let Diane put her real estate experience and extensive knowledge of Bozeman and the Gallatin Valley to work for you.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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