ERA Landmark releases market statistic updates as well as emails our Market Watch newsletter monthly. If you would like to receive our monthly Market Watch email, simply visit the home page (http://www.ERALandmark.com) and enter your name and email into the form or contact us. (info@eralandmark.com or 800-788-2372)
Inside Bozeman City Limits, residential inventory has continued to decrease by 22% compared to this time last year. Outside Bozeman to Manhattan/Three Forks sees very little change in the amount of active inventory with Belgrade showing a decrease of 9%. (see graph below)
Across Bozeman, Belgrade, and Manhattan/Three Forks we continue to show an increase in sold units. The greatest increase for sales growth is in Manhattan/Three Forks with a total increase of 96% over last August. Bozeman reports an increase inside the city limits of 17% and outside city limits of 36%. The average sold price in Bozeman is $276,074 and the median sold price of $237,389. Belgrade is reporting an increase in sales units of 7% with an average selling price of $190,815 and a median of $124,500. Manhattan/Three Forks is showing a small increase in average sales price compared to August 2009, $206,969. (see graph below)
*Data collected from all members of Southwestern Montana MLS.
Feel free to contact us if you would like more specific information or a free comparative market analysis for your home.
Posted by ERA Landmark Real Estate on
Leave A Comment