How long does it take to sell a home in Bozeman? | Bozeman Real Estate Group

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How long does it take to sell a home in Bozeman?

How long does it take to sell a home in Bozeman?

On August 19th, 2020

The number of days a home currently spends on the market in Bozeman is just 16 days, 60% lower than it was 5 years ago. The number of homes for sale in Bozeman has decreased 38% in the last five years, and our real estate market is seeing record low inventory along with increasing demand. 

Bozeman is a seller's market, there's no doubt about it. 

Median Days on Market in Bozeman
Median Sale Price in Bozeman
So, how quickly will your home sell?

It depends on your home’s location, price point, and the marketing behind it. According to Bozeman Real Estate Group agent Tyler Wilkinson, if your home is priced competitively and marketed well, don’t be surprised if you see multiple offers within a few days of listing. Find out more about marketing your home for sale here. With the pandemic, more people are moving to Bozeman than ever before, and the lack of supply is making homes sell even faster and driving prices higher. These days it's common for a home to have multiple offers within hours of it being listed.  

 

There’s no better time than now.

If you’re wondering about the return on your investment, take a look at these numbers. The average sale price of a home in Bozeman has increased 75% since the beginning of 2013, reaching a median sold price of more than $557,350 for single-family homes, $325,000 for condos, and $361,000 for townhomes. Click here for the most recent market stats.  

That same trend is echoed in the areas that surround Bozeman like Belgrade, Manhattan, and Livingston. As Gallatin County’s population growth continues at an average of 3% per year, the low inventory and high demand for housing put the cards in the seller’s hands.  If you are thinking about selling your home in the Bozeman area, we are here to help. View our seller resources here, give us a call at 406.587.1717 or send a message to info@bozemanrealestate.group.

 

*Statistics provided by the Big Sky Country MLS via InfoSparks. 


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