2023 Q3 Market Analysis

 

2023 Q3 Median Sales Price – Bozeman 

The chart below shows the Median Sales Price (Mid-point) for Single Family homes in the city limits of Bozeman and the Greater Bozeman area.  The third quarter for 2023 shows the Median Sales Price is now $950,000 which is up +8.3% from the same period for the prior year. 

2023 Q3 Closed Sales – Bozeman 

The chart below shows the number of closed sales for Single Family homes in the city limits of Bozeman and the Greater Bozeman area.  The third quarter for 2023 shows the number of closed sales to be 197 which is down -4.4% from the same period for the prior year.  

2023 Q3 Median Sold Price per Sq. Ft. – Bozeman 

The chart below shows the median sold price per square foot for Single Family homes in the city limits of Bozeman and the Greater Bozeman area.  The third quarter for 2023 shows the median sold price  per square foot to be $399 which is up +2.7% from the same period for the prior year.  

2023 Q3 Days on Market – Bozeman 

The chart below shows the days on market for Single Family homes in the city limits of Bozeman and the Greater Bozeman area.  The third quarter for 2023 shows the days on market to be 30 which is up +3.4% from the same period for the prior year. 

2023 Q3 Months Supply of Inventory – Bozeman 

The chart below shows the months supply of inventory for Single Family homes in the city limits of Bozeman and the Greater Bozeman area.  The third quarter for 2023 shows the months supply of inventory to be 3.22 which is down –20.2% from the same period for the prior year.  So we have less inventory available than we did in the prior year.

2023 Q3 Average Percent of Final List Price Received – Bozeman 

The chart below shows the average percent of final list price received for Single Family homes in the city limits of Bozeman and the Greater Bozeman area.  The third quarter for 2023 shows the average percent of final list price received to be 97.8% which is up +0.3% from the same period for the prior year.  

Get in touch with me today. Call me at 406-539-7653 or send me an email at travis@houseofbozeman.com

Travis Ballenger
Broker | House of Bozeman Realty
(406)-539-7653
travis@houseofbozeman.com

RRE-BRO-LIC-45370

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