2023 posted the least amount of volume and number of units sold in the past three years – however there was perhaps less of a marked shift in the market when comparing year over year than comparing by quarter. Higher than recent historic interest rates in combination with sellers not wanting to part with their …
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Quarter 4 2023 found the SW Montana real estate market in a continued ‘leveling’ trend. The market felt as though it were stagnating at times – however, inventory remains scarce and while buyers are moving slower to offer – there has been a recent uptick in multiple offer situations. Competition still exists for quality, well …
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Quarter 3 2023 was quite interesting from a numbers vs general market feel perspective – the market has felt like it has been moving at a slower pace but sales were steady – slightly below the volume of 2022 but not by much. Interest rates are having an impact on volume – especially in the …
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Single Family The slowdown in median sales price appreciation in Southwest Montana for Single Family homes that we have observed since late 2022 spring and that continued throughout the remainder of 2022 and start of 2023 continues to dominate the data. However, there are some very interesting data points worth highlighting. The number of homes …
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There was decent – i.e. more NORMAL (i.e. pre 2020 level) – price appreciation for 2022 year over year in most locations and for product that we track in southwestern Montana. An exception to this were areas and products that tend to harbor more entry level pricing. Our analytics point out that the core appreciation experienced …
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It seems that every news outlet is currently reporting on the fact that interest rates for home loans have gone up. And with a rise in interest rates the real estate market has slowed. But exactly how has it slowed Q4 2022 vs Q4 2021? According to our analytics, the huge median sales price appreciation experienced during the pandemic (2020-2021) years has not fallen. However, …
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Single Family Year over year Q1 2022 single family home median sales prices continued to leap from Q1 2021 in all areas of the market. City of Bozeman median sales price accelerated by the smallest margin at 19%. Big Sky jumped 32%. Belgrade jumped 49%. Greater Bozeman area jumped 68% and Livingston jumped $46% for …
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We’re so looking forward to more connectivity north south east and west on our trail systems. ‘Meaningful connection:’ Gallatin County approves triangle trail plan By Alex Miller Bozeman Daily Chronicle Staff Writer Nov 23, 2021 The future of trails in Gallatin County got a lot more connected Tuesday after the county commission adopted the Triangle …
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For a graphical chart version of this information, please visit our Market Stats page. Single Family Single Family homes sales in Q3 2021 have skyrocketed over Q3 2020. Q3 2020 is when much of the recovery from the Pandemic induced flattening of the market in Q2 2020 and there was a healthy jump over Q3 …
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For a graphical chart version of this information, please visit our Market Stats page. Single Family The Q2 2021 real estate market remained red hot for single family homes in the SW Montana. Looking back a year, Q2 2020 was the most adversely affected quarter due to the pandemic – though it showed modest gains …
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