Bozeman Real Estate Market Report Week 1 October 2013

Real Estate Agent with Taunya Fagan Bozeman Montana Real Estate 15157

Though not ALL sales have been reported for determining specific totals "to date," I will say that over 560 Residential Bozeman Homes and 250 Bozeman Condos and Townhomes have been sold in 2013.

Original content by Taunya Fagan Bozeman Real Estate RRE-BRO-LIC-61433

Bozeman Real Estate, Homes and Properties' inventory has been decreasing lately but the Market Action Index is falling as well. With days-on-market climbing, these are relatively negative implications for the market.

Click For Larger Bozeman Real Estate Market Report Week 1 October 2013BOZEMAN MONTANA HOMES' SUPPLY AND DEMAND: The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We're already seeing prices move lower as a result. Expect this trend to continue expecially if the index falls to the Buyer's zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

BOZEMAN REAL ESTATE PRICES: Again this week we see a downward notch for prices. Prices continue to pull back from the market's highs. The Market Action Index is a good leading indicator for the durability of this trend.

The median list price in BOZEMAN, Montana this week is $388,700.

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Comments (1)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate
Hi Brett; always enjoy viewing charts and stats on other communities. tks for sharing with us.
Oct 08, 2013 05:58 AM