Activity in Bozeman continues to trend very positively.  Big Sky continues to improve in median price and also days on market.  Belgrade is up and Manhattan and Three Forks continue to improve.  Bozeman and the Gallatin Valley are moving nicely!  The realtors and their suppliers are still very busy, prices are rising, days on market stats are shrinking.  It is a great place to live and the stats continue to prove this out.

Stats for Improved Properties:

 

Market Area

Units Sold – 2012 (thru Sept 30th)

Units Sold – 2011

Median Price – 2012

Median Price – 2011

Ave Days on Market – 2012

Ave Days on Market – 2011

Indicator

Bozeman

809

663

$235,000.00

$224,000.00

87

108

Improved

Belgrade

180

168

$160,750.00

$150,000.00

85

95

Improved

Big Sky

117

131

$355,000.00

$306,424.00

217

240

Mixed

Manhattan

43

41

$175,000.00

$159,000.00

234

191

Improved

Three Forks

26

20

$153,750.00

$154,500.00

240

128

Mixed

* Data is for period Jan 1 – Sept 30th – includes all improved categories except for mobile/manufactured.

Summary of Data for Improved Properties:

  • Bozeman continues to trend up – 146 more improved properties sold this year vs. last year, days on market continue to shrink.
  • Belgrade also improved.  12 more units have sold year to year, median price up and days on market are down.
  • Big Sky statistics are mixed.   Median price continues to trend up – almost $45 k, units sold down a touch and days on market now improved over last year.  The trend is improving and should continue to.  
  • Manhattan now trending up – 2 more units sold, median price up $16k, days on market the only lagging indicator.
  • Three Forks finally gaining ground – six more properties sold year to year, median price about stagnant, days on market not improved though.

 

 

 

Overall, the Gallatin Valley is very healthy and continuing to improve!

Call, e-mail or text me for more information on the market and to get signed up for property alerts  which are daily updates based on your parameters or visit my web site..  I look forward to serving you!   Tim