May Montana Real Estate Market News

Posted by PollyAnna Snyder on Saturday, May 26th, 2018 at 8:41am


MAY - 2018

 
M O N T A N A   L I V I N G
 
   
                                                                                                        
 

Spring in Bozeman and Livingston

In early May, as temperatures warm, the ice melts off and the garage gets switched out. Skis are maintained and stored, and out come the clubs, bikes, canoes and kayaks, and all the footwear to accompany these activities. The mountain bikes stay dormant until later in May or even early June, as environmentally correct locals wait for the miles and miles of trails in the valley to properly dry out. Hiking is the best way to enjoy the trails and get the calves ready for mountain biking. The rivers are running high and the renewed sounds of rushing water provide roaring acoustics for hikers. By June, the days warm up and last longer, suddenly the hills and valley floor are verdant, and the contrast against the still-snowy mountain peaks is brilliant. Enjoy!

                                                                                                                                           

INTERESTING ARTICLES:

BUYING A SECOND HOME AS CAPITAL INVESTMENT

HOW BITCOIN WORKS AND ITS IMPACT ON THE REAL ESTATE MARKET

VALUE-ADDING LUXURY HOME ACCENTS FOR YOUR INTERIOR DESIGN

• BOZEMAN VOTED IN THE TOP 10 OF BEST PLACES TO LIVE IN MONEY

                                                                                                         

ENGEL&VÖLKERS BIG SKY COUNTRY 

 
 
N E W   L I S T I N G S

 

Modern Luxury in South Bozeman

5 Beds | 6 Baths | 6,086 SF | .25 AC

Offered at $1,895,000

This contemporary architectural masterpiece offers a sophisticated & inviting floor plan w/ fabulous views & seamless indoor-outdoor flow. A transformative home w/ modern, innovative style featuring expansive rooms, lavish kitchen with amenities & design for formal or casual living, master spa-like bath & luxuriant closet. Just minutes from downtown Bozeman. 

Rocking Horse

6 Beds | 6 Baths | 6,718 SF | 11.66 AC

Offered at $1,895,000

11+ acres with direct Gallatin River access & an easement to State land - just what your Buyers have been waiting for with close proximity to Bozeman & airport. You will feel lost in the tranquility that is Montana! The features of this property are extensive including river & state land access, seven garage spaces/shop for cars, toys, equipment, etc - 3 attached to main house (1274 sqft), & 4 heated detached spaces (1590 sqft) with unfinished area above for a detached guest quarters/office (1050 sqft).

Rock Creek

7 Beds | 6 Baths | 11,000 SF | 20.77 AC

Offered at $2,250,000

Rock Creek features both a cozy home and a rustic lodge for entertaining bordered by National Forest Service on three sides.

 

  
R E C E N T L Y   S O L D
 


South Tracy - South Bozeman

4 Beds | 3 Baths | 3,262 SF

Listed for $835,000 for 1 day

 

Water Lily - West Bozeman

3 Beds | 2.5 Baths | 1,693 SF

Listed for $319,950 for 13 days

 
 
D E V E L O P M E N T   P R O J E C T S
 
 
Take a look at our new developments in Belgrade. Call us today for more information and updates on these developments below. They're going fast, don't miss out!  
 

Henson

A few single family, duplex and multi-family lots still available, call for more information.

Story Creek 

Coming Soon to Belgrade

 
 
 
APRIL MARKET STATISTICS

 

   

Although housing supply is low and will likely remain low for the duration of 2018, there are signs of improvement for new listings. Sellers are beginning to come out of hibernation while new build projects are taking shape with more regularity. For the 12-month period spanning May 2017 through April 2018, Pending Sales in Gallatin County were up 1.6 percent overall. The price range with the largest gain in sales was the $133,999 or Less range, where they increased 12.9 percent. The overall Median Sales Price was up 7.2 percent to $343,000. The property type with the largest price gain was the Single Family Homes segment, where prices increased 10.3 percent to $386,000. The price range that tended to sell the quickest was the $134,000 to $184,999 range at 32 days; the price range that tended to sell the slowest was the $133,999 or Less range at 92 days. 

THE FULL REPORT FOR GALLATIN COUNTY

                                      

THE FULL REPORT FOR PARK COUNTY

 Provided by the Big Sky Country MLS for Gallatin County, Montana

 
 
M A Y   E V E N T S  /  E N T E R T A I N M E N T

Art Walk in downtown Bozeman starts in June. Stop by our shop at 319 East Mendenhall to meet local photographer, Jeff Krogstad and enjoy beverages and local provisions, JUNE 8.

 
 
 
 
 
 
 
 
Meet Mandy Dredge, Director of Membership & Marketing at Riverside Country Club and check out all a membership has to offer-golfing, tennis, swimming, dining and more! There are great summer specials and tours to see what you have been missing.
 
                                                                                                                                            
 
                                                           
BOZEMAN |  BELGRADE  |  MANHATTAN  |  THREE FORKS  |  BIG SKY  |  BIG TIMBER
EMIGRANT |   LIVINGSTON |  PARADISE VALLEY|  GARDINER  |  GALLATIN GATEWAY
                                                           
 
 
 

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