The Bozeman Real Estate Inventory has been lightening lately and the Market Action Index has been trending up.
Though days-on-market is increasing, these are mildly positive indications for the Bozeman's real estate market.
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Bozeman's home market has been cooling off a bit in the past few weeks, as more Bozeman homes become available and consumer demand for houses declines.
We have been observing Bozeman home prices move lower as a result. Expect this housing trend to continue especially if Bozeman's market index falls to the Buyer's zone.
Watch for a persistent up-turn in Market Action, signaling Bozeman prices increasing once again.
As noted in previous weeks, this portion of our southwest Montana Real Estate market has been on a downward trend and this week, while again remaining flat, doesn't break us out of that cycle.
Median list price, homes for sale in Bozeman, Montana this week is $398,00
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