Gallatin Association Of Realtors Release September 2016 Housing Sale Statistics

October 17, 2016

 

 

 
BOZEMAN, MT – The Gallatin area real estate market demonstrated consistent strength in September with increases in both average sale price and total sales volume compared to September 2015, according to recent statistics released by the Gallatin Association of REALTORS®. The average sales price increased 36 percent, while total sales volume jumped by 30 percent compared to September of last year.

The average sale price in Gallatin County for September was $460,957, compared to $358,997 in August. The Three Forks and Big Sky areas saw the largest increases in average sales prices, and the average sale price also increased in Madison and Jefferson counties.

 “The Gallatin area real estate market continues to trend in a positive direction,” said 2016 GAR President Tyler Garrison. “The increase in average sale price follows a nationwide trend in which home prices increased in 83 markets during the second quarter. Our local market is in strong shape as we head into Fall.”

September 2016 statistics are as follows: 

Gallatin County Year-to-Year comparison for Residential Sales including Single Family Homes, Condominiums, Townhomes and Mobile/ Manufactured 


Residential Sales- Units

  • September 2015: 226

  • September 2016: 217

Residential Sales- Average Sales Price

  • September 2015: $339,194

  • September 2016: $460,957

Residential Sales- Total Sales Volume

  • September 2015: $76,657,952

  • September 2016: $100,027,807 

Bozeman

  • Units Sold: 138

  • Average Sale Price: $396,268

  • Total Sales: $54,685,030

Belgrade

  • Units Sold: 27

  • Average Sale Price: $258,731

  • Total Sales: $6,985.749

Greater Manhattan

  • Units Sold: 11

  • Average Sale Price: $263,193

  • Total Sales: $2,895,128

Greater Three Forks

  • Units Sold: 6

  • Average Sale Price: $208,566

  • Total Sales: $1,251,400

Big Sky

  • Units Sold: 35

  • Average Sale Price: $977,442

  • Total Sales: $34,210,50

Park County

  • Units Sold: 19

  • Average Sale Price: $335,325

  • Total Sales Volume: $6,371,175

Madison County

  • Units Sold: 14

  • Average Sale Price: $409,028

  • Total Sales Volume: $5,726,400

Beaverhead County

  • Units Sold: 15

  • Average Sale Price: $159,093

  • Total Sales Volume: $2,386,400

Jefferson County

  • Units Sold: 4

  • Average Sale Price: $470,250

  • Total Sales Volume: $1,881,000

Sweet Grass County

  • Units Sold: 6

  • Average Sale Price: $217,150

  • Total Sales Volume: $1,302,900

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