Taunya Fagan Bozeman Real Estate Blog: SW Montana Homes: MLS Listings: Bozeman Montana Real Estate Market Update Week 4 April 2013

Bozeman Montana Real Estate Market Update Week 4 April 2013

Bozeman homes inventory and days-on-market are both trending higher. However, the improving Market Action Index implies some increased demand in Bozeman Montana real estate will temper the negative trends.

Bozeman home sales have been exceeding new inventory for several weeks.

Bozeman Real Estate Market Report Week 4 April 2013While still a Buyer's market, Bozeman real estate prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.

Despite this week's decline, the price trend remains upward for several weeks. A persistent drop of the Market Action Index into the Buyer's zone will be a leading indicator of Bozeman MT homes price strength subsiding.

The median list price in BOZEMAN, MT this week is $512,400


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2 commentsTaunya Fagan • April 24 2013 12:54PM

Comments

Over the long run we see supply and demand control the market.  Watch the prices run up.

Posted by Elite Home Sales Team, A Tenacious and Skilled Real Estate Team (Keller Williams Realty) over 1 year ago

...happens every time. Thanks Mark.

Posted by Taunya Fagan, Montana Real Estate: Bozeman Luxury Real Estate: (PureWest Properties, Christie's Bozeman Real Estate) over 1 year ago

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