Taunya Fagan Bozeman Real Estate Blog: SW Montana Homes: MLS Listings: Bozeman Housing Market Report Week 3 October 2013

Bozeman Housing Market Report Week 3 October 2013

Inventory for Bozeman Montana housing has been decreasing lately but the Market Action Index is falling as well.

With days-on-market climbing, these are relatively negative implications for Bozeman's real estate market.

Bozeman Housing Market Report Week 3 October 2013Bozeman's home market has been cooling off a bit in recent weeks, as more residential properties become available and demand declines.

We're already seeing prices move lower as a result. Expect this housing trend to continue especially if the index falls to the Buyer's zone.

Watch for a persistent up-turn in Market Action to signal Bozeman prices rising again.

This part of the southwest Montana Real Estate market has been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

Median list price, homes for sale in Bozeman, Montana this week is $387,450


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1 commentTaunya Fagan • October 19 2013 08:22AM

Comments

Taunya  this is an excellent market report that you are sharing with your local buyers and sellers!

Posted by Mark Loewenberg, PA 561-214-0370 (Keller Williams of the Palm Beaches) 11 months ago

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