Bozeman and the Gallatin Valley have experienced steady, solid growth in both population growth and real estate values over the past decade.
The luxury home market ($1.9+ Million) has
dramatically increased, more than doubling in volume from the recorded sales of 2005 to 2006, with nearly triple the number of homes sold.
Stuart and Sally, proven leaders in exclusive
properties, participated in 75% of the sales in 2006 of properties over $2.5 million dollars. Non-resident ownership of land in Montana was reported at 11% of property sales in the Gallatin
Valley in 2005. According to recently published U.S. Census Bureau figures,
Gallatin Valley is the fastest-growing county in Montana, clocking a 19.3% growth rate between 2000 and 2006.
Economic predictions are that—if anything—Gallatin Valley will continue to grow at an even healthier pace.
U.S. & Montana Economic Outlook
This "U.S. & Montana Economic
Outlook" presentation has been brought to you by First Interstate Bank
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- Overall Residential Market Report 2000-2006
- Single Family Homes Market Report 2000-2006
- Vacant Land Market Report 2000-2006
So what is driving the fantastic growth of the Bozeman and the Gallatin Valley real estate market?
- The distinctive Montana lifestyle
- The limited quantity of available land
- The dynamic community of Bozeman
Bozeman has been named the
#1 'Dreamtown' by Bizjournals.com for its quality of life and business growth, edging out Jackson Hole and Durango, Colorado. Bozeman is a small college town with a sophisticated and cultured atmosphere. Despite its size, Bozeman boasts amenities that larger urban cities would envy. No matter what the season, there are a full range of activities to
enjoy, from world-class fly fishing to the thrill of skiing to attending a wonderful symphonic concert. Whether you are starting up a business, relocating a family, or just wishing to retire
or own a second home here:
an investment in Bozeman real estate is a sound decision.
Surrounded by 5 mountain ranges, with national and state land edging right up to the city and county lines, land is finite, while the sense of space is vast. Land values reflect the
precious, limited nature of available acreage, while quality homes are in short supply. Bozeman real estate continues to appreciate as more people desire to live in a place relatively free
from crime, embraced by nature, unpolluted and stress-free, in which they can create and enjoy the benefits of a lifestyle unlike any other in America.
- Overall Residential Market Report 2000-2006
- Single Family Homes Market Report 2000-2006
- Vacant Land Market Report 2000-2006