October Market Stats

Posted by PollyAnna Snyder on Monday, December 3rd, 2018 at 3:10pm.

Your Current SouthWest Montana Market Stats

Engel & Völkers SouthWest Montana

October - 2018

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

Fall in Bozeman and Livingston

We have already had our first snowfall. As we move into winter, the activities and entertainment will soon come alive in the snow. The ski areas will open and the hiking trails will turn to cross-country trails, farmers markets will move indoors and the outside events will be limited to the Christmas Stroll and winter activities. The views have been spectacular this fall despite the early snowfall. Let us know if you are planning a visit and would like accommodations at the Hilton Garden Inn, we have a special rate for clientele. Come visit and play!  As a reminder, we now have a shop in Big Sky. If you're planning a trip to find your dream home or vacation property, give them a call.



For more information:

Eric Ossorio - 406.539.9553  eric.ossorio@evusa.com
Stacy Ossorio -  406.539.8553 stacy.ossorio@evusa.com
Chelsie DuBois - 406.640.2145 chelsie.dubois@evusa.com
    

                                                                                                                                          

ARTICLES OF INTEREST:
BOZEMAN SELECTED FOR OPPORTUNITY ZONE
DISCUSS  YOUR IDEAS AND HOPES FOR GALLATIN COUNTY
HELP US CAN THE GRIZ AND WIN TICKETS TO THE GAME
BOZEMAN COMMUNITY PLAN UPDATE
VIEW PHOTOS OF ONE OF BEN AFFLECK'S HOMES FOR SALE BY OUR GEORGIA E&V SHOP

                                                                                                        

ENGEL&VÖLKERS BIG SKY COUNTRY 

 
 
N E W   O F F E R I N G S
 


88 Summit View, Big Sky
$4,200,000

Bedrooms:  6              
Bathrooms: 7
Square Feet: 7,521
Lot Size: 3.5acres

Ulerys Lake, Big Sky
$1,350,000

Acres: 20  Ownership of approximately 1/2 of the Lake 

2930 Tschache Lane, Bozeman
$459,950

Bedrooms: 4
Bathrooms: 3
Square Feet: 2,200
Lot Size: .14 acres

2221 Willow Drive 202 B, Livingston
$229,000
Bedrooms: 2
Bathrooms: 2
Square Feet: 1,172
Lot Size: condo
R E C E N T L Y   C L O S E D
 


2441 Richau Lane - North Bozeman
4 Beds | 3 Baths | 2,752 SF
Listed for $675,950 for 3 days

 

539 Westgate - West Bozeman
4 Beds | 2.5 Baths | 2,823 SF
Listed for $539,000  for 24 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!  
 

 

 
SEPTEMBER MARKET STATISTICS

 

3rd Quarter-2018

Some economy observers are pointing to 2018 as the final period in a long string of sentences touting several happy years of buyer demand and sales excitement for the housing industry. Although residential real estate should continue along a mostly positive line for the rest of the year, rising prices and interest rates coupled with salary stagnation and a generational trend toward home purchase delay or even disinterest could create an environment of declining sales.

Closed Sales decreased 4.0 percent for Single Family homes but increased 12.1 percent for Condo/Townhouse homes. Pending Sales increased 4.1 percent for Single Family homes and 4.6 percent for Condo/Townhouse homes. Inventory decreased 7.9 percent for Single Family homes and 20.3 percent for Condo/Townhouse homes.

The Median Sales Price increased 13.8 percent to $431,250 for Single Family homes and 12.9 percent to $297,000 for Condo/Townhouse homes. Days on Market decreased 10.2 percent for Single Family homes but increased 12.2 percent for Condo/Townhouse homes. Months Supply of Inventory decreased 11.4 percent for Single Family homes and 23.7 percent for Condo/Townhouse homes.

Tracking reputable news sources for housing market predictions makes good sense, as does observing trends based on meaningful statistics. By the numbers, we continue to see pockets of unprecedented price heights combined with low days on market and an economic backdrop conducive to consistent demand. We were reminded by Hurricane Florence of how quickly a situation can change. Rather than dwelling on predictions of a somber future, it is worth the effort to manage the fundamentals that will lead to an ongoing display of healthy balance.

Current as of October 10, 2018. All data from Big Sky Country Multiple Listing Service®.

THE FULL REPORT FOR BOZEMAN/GALLATIN COUNTY

THE FULL REPORT FOR BIG SKY/MADISON COUNTY 

THE FULL REPORT FOR LIVINGSTON/PARK COUNTY




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

 
 
SEPTEMBER/OCTOBER  E V E N T S
 
October 31...Howl-O-Ween from 4-6pm
317 East Mendenhall, Bozeman

We are so excited to have our first Dog Costume Contest at our shop in downtown Bozeman. 

Bring your pup by for a taste of Happy Dog Beer (non-alcoholic) and a chance to win a gift certificate to TreaT Cafe,
where you and your dog can enjoy some vittles together. 

      

November 15 - Downtown Bozeman
Ladies Night

The Downtown Bozeman Association and over 40 participating downtown retailers, restaurants and bars are excited to bring you Ladies’ Night on Thursday, November 15 from 5-8pm including additional “after hours” cocktail specials until 10pm.  There’s a little something for EVERYONE!!

Bozeman Winter Farmers’ Market 2018-2019 
Emerson Cultural Center

October 27, 2018 at 8:00am - 1:00pm 
November 3, 2018 at 8:00am - 1:00pm 
November 17, 2018 at 8:00am - 1:00pm 

 
Football Game Schedule

What is the 6 Mill for Montana State University and why support it? Click to learn more

Engel & Völkers is proud to now be a sponsor of Montana's Special Olympics team called the Bozeman JEDIs. The Special Olympics fall schedule includes State Bowling Championships in Butte (9/28) and the State Basketball Championships in Helena (11/8-10) Stay tuned to upcoming events and let us know if you would like to be involved!

Want to know more about the Non-Profits we support?
Call Bret and let's talk, 406.600.9790.

                                                            
Engel & Völkers Big Sky Country 
BOZEMAN |  BELGRADE  |  MANHATTAN  |  THREE FORKS  |  BIG SKY  |  BIG TIMBER
EMIGRANT |   LIVINGSTON |  PARADISE VALLEY |  GARDINER  |  GALLATIN GATEWAY
                                                            
 
 

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