Personal thoughts from within the Luxury Real Estate network
Courtesy of: Taunya Fagan of Prudential Montana Real Estate
NAR says, so far in 2009, the trend is: First-time Home Buyers have pushed 45% of all US home sales.
In concert with this national trend upward in US home sales, which was 13.0% for existing home sales in the Western part of the United States, interest in the Bozeman, Montana Real Estate Residential Home Market, including interest in the Bozeman Luxury Real Estate Market, had been trending upward in the last few weeks of the third quarter of 2009. Bozeman and the Surrounding Area's Sold Data For Years 2003 Through 2009
|
Year |
# Homes Sold |
$ Total Sales Volume |
$ Average |
$ Median |
*DOM |
|
2003 |
703 |
$185,483,838 |
$263,846 |
$217,000 |
69 |
|
2004 |
731 |
$225,186,403 |
$308,053 |
$257,500 |
64 |
|
2005 |
816 |
$295,215,066 |
$361,783 |
$300,000 |
62 |
|
2006 |
650 |
$280,571,095 |
$431,648 |
$340,851 |
62 |
|
2007 |
556 |
$233,759,262 |
$420,430 |
$327,250 |
83 |
|
2008 |
502 |
$206,974,405 |
$412,300 |
$308,850 |
108 |
|
2009 |
338 |
$113,569,803 |
$336,005 |
$271,500 |
115 |
* DOM: Days on Market
The Year 2009 Pending Bozeman Home Sales Breakdown Through September 2009:
- Bozeman - 111
- Belgrade - 42
- Big Sky - 17
The total number of homes sold in 2009 in the Bozeman real estate market appears to be trending toward 2008's sold total but with a trend downward in Bozeman area home sales prices, which is good for Bozeman home buyers.
Good News Update: with the October 28, 2009 Congressional (Senate) action on the distinct possibility of extending the Home Buyer Tax Credit, Bozeman home sales for 2009 may end up being higher than the number of Bozeman homes sold in 2008. After Senate approval, the Bill would have to go to the House and on to President Obama, who, along with some key Democrats, is a bit reluctant to extend the tax credit because of the additional cost to tax payers.
Taunya Fagan Prudential Montana Real Estate
giving you the advantage...®
Bozeman Real Estate Homes Sales Trending Up Third Quarter 2009
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