Bozeman Market Update - Median Sales Price Nearly Doubled
Posted by Marisa Owen on
I was shocked to see some of these numbers in a recent market update from March 2021 and I wanted to share this with you.
Check out the NEW Median Sales Price this past month, March 2021. We are now at $709,000!!!! This is unreal. In March of 2020, the Median Sales Price for a single family home was just under $500,000. The median sales price has ALMOST DOUBLED! You can see that we are at an incredible LOW supply of inventory at less than 1 month. With a drop of 76% of inventory from last year same time, we are in desperate need of homes to sell.
Even more staggering of numbers are the homes OUTSIDE of City Limits with an increase of 63% in median sales price ($893,000) over the last year for single family homes. Even higher…
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