Bozeman Real Estate Market Updates indicates inventory has been decreasing lately but the Market Action Index is falling also.
With days-on-market climbing, these are relatively negative implications for the Bozeman real estate market.
In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit.
Technically supply levels indicate this is a Seller's market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.
As noted in previous weeks, this portion of our southwest Montana Real Estate market The 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 $379,900
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