Wondering how the Bozeman Real Estate market is doing compared to previous years? You might be surprised to know that despite everything happening with COVID-19, the Bozeman real estate market is holding steady. People are still buying and selling homes. Thanks to technology, we are able to take so much of the home selling and buying process online. From 3D virtual tours to online document signing to low contact closings, we are able to move transactions forward. If you’re into data, below are some stats comparing this year to previous years for active listings, new listings, pending, back on the market, and sold listings. If you have any questions,
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Total Active Residential Listings – Bozeman and surrounding Bozeman area (North, South and Four Corners)
March 1 – April 15
2016 – 383
2017 – 352
2018 – 400
2019 – 311
2020 – 382
New residential listings (condo, townhouse, single family – all price points) in Bozeman and surrounding Bozeman area (North, South and Four Corners)
March 1 – April 15
2016 – 261
2017 – 251
2018 – 268
2019 – 228
2020 – 238
These went pending (under contract) during:
March 1 – April 15
2016 – 270
2017 – 291
2018 – 205
2019 – 208
2020 – 187
Back on the Market (failed sale) – reason unknown ie: inspection items, buyer got cold feet, financing / appraisal issues
March 1 – April 15
2016 – 42 = 11% of total available
2017 – 26 = 7% of total available
2018 – 46 = 11% of total available
2019 – 27 = 8% of total available
2020 – 54 = 14% of total available
Sold / Closed
March 1 – April 15
2016 – 175
2017 – 152
2018 – 159
2019 – 169
2020 – 152