Taunya Fagan Bozeman Real Estate Blog: SW Montana Homes: MLS Listings

Bozeman Real Estate Homes Sales Trending Up Third Quarter 2009

According to the National Association of Realtors...

NAR says, so far in 2009, the trend is: First-time Home Buyers have pushed 45% of all US home sales.

In concert with this national trend upward in US home sales, which was 13.0% for existing home sales in the Western part of the United States, interest in the Bozeman, Montana Real Estate Residential Home Market, including interest in the Bozeman Luxury Real Estate Market, had been trending upward in the last few weeks of the third quarter of 2009.

Bozeman and the Surrounding Area's Sold Data For Years 2003 Through 2009 

Year # Homes Sold $ Total Sales Volume $ Average $ Median *DOM
           
2003 703 $185,483,838 $263,846 $217,000 69
2004 731 $225,186,403 $308,053 $257,500 64
2005 816 $295,215,066 $361,783 $300,000 62
2006 650 $280,571,095 $431,648 $340,851 62
2007 556 $233,759,262 $420,430 $327,250 83
2008 502 $206,974,405 $412,300 $308,850 108
2009 338 $113,569,803 $336,005 $271,500 115

* DOM: Days on Market

The Year 2009 Pending Bozeman Home Sales Breakdown Through September 2009:

  • Bozeman - 111
  • Belgrade - 42
  • Big Sky - 17

The total number of homes sold in 2009 in the Bozeman real estate market appears to be trending toward 2008's sold total but with a trend downward in Bozeman area home sales prices, which is good for Bozeman home buyers.

Good News Update: with the October 28, 2009 Congressional (Senate) action on the distinct possibility of extending the Home Buyer Tax Credit, Bozeman home sales for 2009 may end up being higher than the number of Bozeman homes sold in 2008. After Senate approval, the Bill would have to go to the House and on to President Obama, who, along with some key Democrats, is a bit reluctant to extend the tax credit because of the additional cost to tax payers.

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0 commentsTaunya Fagan • October 28 2009 04:30PM
Bozeman Real Estate Homes Sales Trending Up Third Quarter 2009
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According to the National Association of Realtors.. NAR says, so far in 2009, the trend is: First-time Home Buyers have pushed 45% of all US home sales. In concert with this national trend upward in US home sales which was 13. 0% for existing… more
Bozeman Montana's Real Estate Report
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The BozemanRealEstateReport. com in southwest Montana If you would like to know more about the Bozeman, Montana real estate market and beyond, the Bozeman, Montana Real Estate Report is an ever-expanding repository of southwest Montana real… more