Bozeman Real Estate Prices, Values, Statistics 2008 Through 2009
Includes Southwest Montana Real Estate Market - Gallatin County Montana Real Estate Volume
Earlier this year, Housing Predictor (a housing forecasting website) had ranked the 25 top US cities for home value appreciation in 2009. The Housing Predictor Montana Rankings had five Montana cities in the top 25 and two within the top 10 (you may recall that in January 2009, Billings ranked 3rd and Bozeman ranked 9th, placing both cities in the top 10 for appreciation in 2009: excellent rankings for any state).
Apparently, based on US housing data received during 2009, Housing Predictor has published a revised, or more accurately, a final tally of the top 25 US Housing Market appreciation results for 2009. Again, five Montana cities have placed in the top 25 for 2009, but the revised ranking now places Bozeman 14th, Billings 18th, Livingston 20th, Great Falls 22nd, and Missoula 25th, still far better 2009 housing sales results than ANY other state in the US, and a fairly accurate prediction on the part of Housing Predictor for, at least, Bozeman, MT.
Housing Predictor will be coming out with its 2010 predictions in the next month or so. The independent real estate market forecaster has made some early predictions as to US housing prices in 2010.
Pertaining to Montana real estate prices for 2010, the housing forecaster has Montana real estate prices dropping from 2.5% to 3.6% across the five, aforementioned Montana cities.
Below is a comparison chart for regional, Gallatin County and Bozeman Real Estate Prices, January through December 2008 and January through November 2009:
|
SOUTHWEST MONTANA REAL ESTATE ACTIVITY 2008-2009 |
# |
Total Volume |
Average |
Median |
DOM* |
|
FINAL RESULTS YEAR 2008 VOLUME |
|
|
|
|
|
|
All Gallatin County Montana |
Over 950 |
Over $700M |
Over $725K |
Over $400K |
Over 150 |
|
Bozeman Real Estate Area |
Over 550 |
Over $350M |
Over $650K |
Over $400K |
Over 150 |
|
Belgrade Real Estate Area |
Over 150 |
Over $50M |
Over $325K |
Over $225K |
Over 125 |
|
Manhattan Real Estate Area |
Over 35 |
Over $20M |
Over $550K |
Over $350K |
Over 130 |
|
Three Forks Real Estate Area |
Over 30 |
Over $950K |
Over $225K |
Over $175K |
Over 150 |
|
Gallatin Canyon, West Yellowstone, Big Sky Real Estate |
Over 125 |
Over $225M |
Over $1.5M |
Over $125K |
Over 225 |
|
CURRENT ACTIVITY YEAR 2009 VOLUME |
|
|
|
|
|
| All Gallatin County Montana | Over 875 | Over $700M | Over $800K | Over $400K | Over 175 |
| Bozeman Area Real Estate | Over 525 | Over $375M | Over $700K | Over $400K | Over 175 |
| Belgrade Area Real Estate | Over 125 | Over $50M | Over $400K | Over $225K | Over 150 |
| Manhattan Area Real Estate | Over 40 | Over $20M | Over $500K | Over $250K | Over 200 |
| Three Forks Area Real Estate | Over 40 | Over $12M | Over $300K | Over $250K | Over 125 |
| Gallatin Canyon, West Yellowstone, Big Sky Real Estate | Over 125 | Over $225M | Over $1.5M | Over $1.1M | Over 500 |
* DOM = "Days On Market"
giving you the advantage...®
Taunya Fagan Bozeman Montana Real Estate
406.579.9683 - taunya at taunyafagan dot com
