The 2016 residential market in Bozeman and Belgrade has been highly active from October to November, compared to last year. Between these two cities, 317 single family homes closed, up from 284 in 2015. The median sales price, has also increased from $295,000 to $323,000. The total sales volume of $123,751,980 for this time period increased from last year’s total of $112,737,420. The seller’s market continues, with low inventory and high buyer demand.
Here are the statistics for October and November, 2016 and 2015:
Residential Sales-Units:
October to November 2015: 284
October to November 2016: 317
Residential Sales--Median Sales Price
October to November 2015: $295,000
October to November 2016: $323,000
Residential Sales- Total Sales Volume
October to November 2015: $112,737,420
October to November 2016: $123,751,980
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