According to Housing Predictor, in the 2012 Bozeman MT housing market, home buyers, encouraged by very low mortgage rates, should help increase Bozeman home sales in 2012; Housing Predictor has also predicted in 2012 prices of Bozeman homes will decline by an additional 4.2%.
The chart below shows the 2011 Bozeman real estate market’s residential real estate history from January 1, 2011 to December 31, 2011 for all Bozeman’s residential housing areas (2B, 2FC, 2G, 2N, 2NW, 2T, 1SM, 1NE, 1NW, 1SK, 2SE, 2SW). Note the currently active number of Bozeman homes for sale:
| Beds |
Current Active |
Avg List Price |
Avg DOM |
| All |
499 |
$590,494 |
228 |
| All |
499 |
$590,494 |
228 |
| 0-1 |
11 |
$194,272 |
114 |
| 2 |
81 |
$316,720 |
249 |
| 3 |
221 |
$462,497 |
204 |
| 4 |
134 |
$733,130 |
234 |
| 5+ |
52 |
$1,277,194 |
305 |
| Southwest Montana Real Estate Home Sales and Land Sales Data History |
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| Average Home Sales Prices SW Montana Real Estate 2006 – 2010 |
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The chart above documents southwest Montana real estate average sales prices for 2006 – 2010. Red Line data includes All Areas and Classes. Blue Line data covers Only Areas1 and 2, Residential.The chart below represents the southwest Montana real estate sales volume by quarter for home sales and land sales for the years 2006 through 2008 (2009 – 2010 pending).
(Southwest Montana home sales data includes, single-family homes, condominiums, townhomes, and manufactured and modular residences.)Up-To-Date Census Bureau New US Home Sales Data
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Regional Historical Real Estate Data: SW Montana Homes Sold – Total $ Volume – Average Home Prices – Median Home Prices – Days On Market (DOM)
Bozeman 2009 – 2010
Single Family
|
# Sold
|
Total $ Volume
|
Avg $
|
Median $
|
DOM
|
1st Qtr 09
|
67
|
$22,295,030
|
$332,762
|
$270,000
|
112
|
2nd Qtr 09
|
118
|
$37,094,088
|
$314,357
|
$276,500
|
129
|
3rd Qtr 09
|
141
|
$50,159,685
|
$355,742
|
$270,000
|
99
|
4th Qtr 09
|
136
|
$43,816,827
|
$322,183
|
$264,900
|
118
|
1st Qtr 10
|
92
|
$33,827,856
|
$367,694
|
$281,250
|
101
|
2nd Qtr 10
|
184
|
$60,021,846
|
$326,206
|
$259,975
|
95
|
3rd Qtr 10
|
129
|
$38,900,881
|
$301,557
|
$256,000
|
114
|
4th Qtr 10
|
131
|
$47,571,694
|
$363,143
|
$263,400
|
130
|
Belgrade 2009 – 2010
Single Family
|
# Sold
|
Total $ Volume
|
Avg $
|
Median $
|
DOM
|
1st Qtr 09
|
27
|
$5,988,400
|
$221,793
|
$189,000
|
93
|
2nd Qtr 09
|
49
|
$10,244,500
|
$209,071
|
$191,500
|
114
|
3rd Qtr 09
|
36
|
$9,886,150
|
$274,615
|
$198,700
|
114
|
4th Qtr 09
|
46
|
$10,693,000
|
$232,457
|
$197,500
|
100
|
1st Qtr 10
|
33
|
$6,590,731
|
$199,719
|
$169,900
|
77
|
2nd Qtr 10
|
56
|
$10,813,786
|
$193,103
|
$175,500
|
84
|
3rd Qtr 10
|
36
|
$6,836,311
|
$189,898
|
$172,000
|
110
|
4th Qtr 10
|
38
|
$7,168,675
|
$188,649
|
$170,000
|
110
|
|
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Bozeman 2006 – 2008
|
Single Family |
# Sold |
Tot Volume |
Avg $ |
Med $ |
DOM |
| 2nd Qtr 06 |
208 |
$86,792,611 |
$417,272 |
$338,900 |
62 |
| 3rd Qtr 06 |
191 |
$85,740,813 |
$448,905 |
$355,000 |
59 |
| 4th Qtr 06 |
137 |
$61,756,215 |
$450,775 |
$328,000 |
64 |
| 1st Qtr 07 |
107 |
$47,005,855 |
$439,307 |
$350,000 |
88 |
| 2nd Qtr 07 |
174 |
$72,159,746 |
$414,711 |
$320,000 |
84 |
| 3rd Qtr 07 |
167 |
$70,792,823 |
$423,909 |
$339,000 |
80 |
| 4th Qtr 07 |
104 |
$41,878,963 |
$402,682 |
$312,500 |
79 |
| 1st Qtr 08 |
90 |
$36,726,293 |
$408,070 |
$295,000 |
108 |
| 2nd Qtr 08 |
163 |
$68,597,546 |
$420,844 |
$310,000 |
108 |
|
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Belgrade 2006 – 2008
|
Single Family |
# Sold |
Tot Volume |
Avg $ |
Med $ |
DOM |
| 2nd Qtr 06 |
71 |
$17,967,612 |
$253,065 |
$228,000 |
65 |
| 3rd Qtr 06 |
72 |
$22,895,841 |
$317,998 |
$232,075 |
62 |
| 4th Qtr 06 |
74 |
$20,500,225 |
$277,030 |
$249,950 |
74 |
| 1st Qtr 07 |
70 |
$21,520,394 |
$307,434 |
$237,250 |
91 |
| 2nd Qtr 07 |
88 |
$23,904,970 |
$271,647 |
$240,000 |
71 |
| 3rd Qtr 07 |
67 |
$19,097,552 |
$285,038 |
$236,630 |
72 |
| 4th Qtr 07 |
44 |
$13,413,031 |
$304,842 |
$239,700 |
87 |
| 1st Qtr 08 |
25 |
$6,003,450 |
$240,138 |
$234,900 |
112 |
| 2nd Qtr 08 |
65 |
$24,549,900 |
$377,691 |
$245,000 |
110 |
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| Montana Home Mortgage Delinquencies 1988-2007 |
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| Montana Home Mortgage Delinquencies Q2-2005 to Q1-2008 |
