Housing Prices in Bozeman Rise Over 20 Percent in Past Year

The Gallatin Association of Realtors recently released its residential real estate market statistics for October 2018, revealing increases in closed sales and sale prices and a tightening inventory of available homes.

Single Family Homes – Gallatin County – October 2018

• The number of new single-family listings increased slightly from 133 in October 2017 to 135 this October, a 1.5 percent increase. The number of units sold increased 14.9 percent, from 148 last October to 170 this year, while the median sale price saw a 20.9 percent spike, jumping from $372,361 to $450,000.

Condo/Townhouse Market – Gallatin County – October 2018

• The median sale price in the condo/townhouse market jumped 20.2 percent, from $248,700 in October 2017 to $299,000 last month.

For more information, click here.