Real Estate Industry Finishes Strong
Posted by ERA Landmark Real Estate on
We have watched real estate sales rebound strongly over the past three years. By the end of 2013, the number of sales exceeded the peak year of 2005. The numbers in 2014 were even more robust. This summary compares 2014 to 2013 sales information using the Southwest Montana Multiple Listing Service (SWMLS) as the source.
Within the city of Bozeman, single-family home sales increased by 7%. There were 523 single-family homes sold in 2014, compared to 489 in 2013. There was a hearty increase to 399 condo/ townhomes sold in 2014 which equaled 17% growth over the 341 sales in 2013. The average sales price for single-family homes also showed further recovery with a 7% increase to $331,817 in 2014 from $310,099 in 2013, while attached housing showed a…
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