How is the Bozeman Real Estate Market Doing?

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, contact us!
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

Listings

$1,495,000 205 W Cleveland Street, Bozeman 205 W Cleveland Street
Bozeman, Montana
4 Beds | 5 Baths | 0.31 Acres
$779,900 3433 E Valley Center Road, Bozeman 3433 E Valley Center Road
Bozeman, Montana
4 Beds | 3 Baths | 1.65 Acres
$455,000 206 N Sweetgrass Avenue, Bozeman 206 N Sweetgrass Avenue
Bozeman, Montana
3 Beds | 3 Baths | 0.23 Acres

My wife and I used Jody Savage for the sale of our home in Gallatin Gateway, MT. Jody was exceptional in all phases of our sale. We had multiple offers over asking price and sold our home in two days! Jody uses up to date modern marketing, was extremely professional and knowledgeable regarding our market and addressing our needs. She was great to work with and very responsive to any questions we had. Jody is the best in the business and we highly recommend her services!

G & B

Jody Savage is knowledgeable, trustworthy and tireless. I purchased a property this spring (2017) near Bozeman; Jody represented me as well as the seller in the transaction. Jody led me through the entire process because this was the first property I had ever purchased. HOA complications and other details made the purchase more difficult. Jody undertook a boat-load of legwork to make the transaction go smoothly. I hope to work with Jody again.

J.D.

Jody was awesome to work with. We were new to the area and she was helpful and knowledgeable about not only the housing market, but schools, and lenders. She worked with my work schedule for showings. Jody also stayed late to write an offer to meet our schedule. I would recommend Jody to anyone needing a realtor.

M.L.

Jody is amazing. She knows the market and was able to advise us on all our many concerns. We so appreciated how responsive she was; within minutes of submitting an online request for realtor contact on a house, she had called us. All our communications with her were like that; we never had to wait long to hear back from her. She was patient and always willing to sit down and meet with us. When we found the house we wanted, she worked tirelessly to secure it for us, and she was extremely patient with us. She was easy to communicate with, understand, and a pleasure to work with – I highly recommend Jody!

J.T.

Jody is FANTASTIC!! We were first time home buyers and she was with us ever step of the way! She never made us feel silly for being new to the process. She definitely knows the area, always kept us up to date on new listings and was just a delight to work with. I would have absolutely zero hesitation recommending her to anyone. Thanks for all the hard-work Jody! We love our house!

K.G.

We chose to talk to Jody about representing us in selling our home for one primary reason… her website. I researched realtor websites in Bozeman and reached the conclusion that I liked hers the best – clean, simple to use, great photography, and the virtual tours really appealed to me.   When we met with her, it was obvious that she offered so much more than just a great website.  She was very knowledgeable of our specific area and homes that have sold and those currently on the market.  She had realistic ideas on pricing and great recommendations on staging our house. And everything was done so quickly… our house was on the market within 36 hours complete with photography and the virtual tour.

Shortly after it was listed, another realtor was showing the home next door.  He came over to ask a quick question, saw Jody’s sign out front, and said “I see you hired the selling machine”.  Well, I took that as confirmation that we had made the right choice… I have nothing but positives to report about how she handled negotiations and the advice that she gave us along the way.  She responds immediately (I like early risers).  I love her energy.  We were pleased with the outcome.  We highly recommend her.

S & D - 9/2019
406.209.8884