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Ed & Karen Thomes
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(406) 219-7706
Mobile Phone:
(406) 570-6070
ed.thomes@
bhhsmt.com
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Welcome To The On-Line Housing Market Report

This Real Estate Report Includes The Entire Gallatin County, Plus Links For More

Details And Graphs About Bozeman, Belgrade, Manhattan, Three Forks, Livingston and Big Sky.

April 2018:  New residential real estate activity has been relatively slow in the first quarter of 2018, yet housing is proving its resiliency in a consistently improving economy. Some markets have had increases in signed contracts, but the vast majority of the nation continues to experience fewer closed sales and lower inventory compared to last year at this time. Despite there being fewer homes for sale, buyer demand has remained strong enough to keep prices on the rise, which should continue for the foreseeable future.

Gallatin County - Single Family Homes (see graph page below)
Closed Sales decreased 13.1 percent for Single Family homes and increased 31.4 percent for Condo/Townhouse homes. Pending Sales increased 0.6 percent for Single Family homes and 20.8 percent for Condo/Townhouse homes. Inventory decreased 19.9 percent for Single Family homes and increased 0.5 percent for Condo/Townhouses.

Gallatin County - Condos/Townhouses (see graph page below)
The Median Sales Price increased 13.6 percent to $399,000 for Single Family homes and 13.4 percent to $288,000 for Condo/Townhouse homes. Days on Market decreased 30.3 percent for Single Family homes and 27.5 percent for
Condo/Townhouse homes. Months Supply of Inventory decreased 18.2 percent for Single Family homes and remained flat for Condo/Townhouses.

ADDITIONAL  INFORMATION:
See the On-Line Housing Market Report link below for more Market Data in your local neighborhood.

 


ON-LINE MONTHLY HOUSING REPORT

If you would like a more detailed market analysis in your

neighborhood contact Ed and Karen for a no-obligation consultation