Bozeman Montana Real Estate and Home Sales Update

Bozeman and Belgrade Montana homes sales data for 2011 indicate from January 2011 to October 2011 home sales prices were approximately 5.5% lower than or 94.5% of home list prices, based on approximately 951 sales from 1,686 listings: For example, a home listed for $257,563 sold for $243,436 in 2011.

In review: In January 2009, the national real estate data company, Housing Predictor declared the city of Bozeman, MT, home to Montana State University, RightNow, and a host of other Montana business entities, to be one of the top ten US real estate markets for home appreciation during 2009. By September of 2009 the Bozeman housing market made the “top ten hottest real estate markets in the US.”

From mid-2009, when the Bozeman-Southwest Montana homes market hit its lowest point, to late 2010, southwest Montana realty prices had been trending upward ever so slightly: a review of Bozeman real estate prices, 2006 through 2010, indicated prices for town-homes, condos, and residential home sales continued slowly climbing but, as indicated above, 2011 sales data for homes, condos, and town-homes indicates sales prices dropped during the first three-quarters of 2011, indicating apparently southwest Montana real estate home prices were a bit high in 2011.

Taunya Fagan Top Prudential Bozeman Real Estate Agent 2009 and 2010, giving you the advantage…®

406.579.9683  –  taunya at taunyafagan.com

One Bozeman Housing Prediction for 2009 – Bozeman Home Values May Rise

*Housing Predictor, a national online real estate research firm, is forecasting that Bozeman and four other Montana cities will be among the top 25 U.S. housing markets in 2009.

Housing Predictor, predicating its forecasts upon data like income levels, employment trends, school enrollment, and housing markets, predicts Bozeman home values will increase 1.8% in 2009.

From Bozeman’s Daily Chronicle: …Mike Basile, broker-owner of Prudential Montana Real Estate and a 28-year veteran of the Bozeman housing market, said, “I would agree we’d see appreciation from 2008,” a year when prices declined slightly.

“I do think we’ll see a slow, moderate rebound,” Basile said. “We’re seeing a large number of buyers. … not to the degree we did two years ago, but still there are buyers buying. … They’re bargain-hunting, they’re seeing the value of low interest rates.”

With mortgage rates below 5 percent, Basile said, this is an “amazing time to buy.” Buyers also feel optimistic because there’s a new U.S. president and a federal incentive of $7,500 for first-time homebuyers….

giving you the advantage….®

Taunya Fagan Prudential Bozeman Real Estate – Montana Real Estate

*Note: These are predictions and opinions, and in no manner do they guarantee housing value appreciation in 2009.

Taunya Fagan Prudential Montana Real Estate Agent

Taunya Fagan Prudential Montana Real Estate Agent

Taunya is committed to Prudential core values of excellent customer service and outstanding trustworthiness. Taunya’s professionalism, real estate knowledge, attention to the smallest of details, and community expertise allows her to better care for you and your family than most real estate agents.

Taunya serves these Montana cities: Bozeman , Belgrade, Big Sky, Manhattan, Livingston, Butte, Helena, Ennis, Dillon, Three Forks, and these Montana counties: Gallatin, Park, Madison, Silver Bow, Lewis and Clark, Broadwater, Jefferson, Sweetgrass, Beaverhead, and beyond, giving you the advantage…

Whether you are looking to sell or purchase Montana real estate, Taunya Fagan, Prudential Montana Realtor, is here to take you through the real estate process, helping you relocate to or make your move in Montana. Taunya wants to be your Montana REALTOR®!

Please contact her at taunya.fagan@prumt.com for Bozeman Homes, Montana Ranches, Land, Luxury Homes, Condos, Townhomes, Commercial Property, Investment Real Estate, and enjoy the difference of working with a superior Montana Real Estate Agent.