As we move into the Fall many questions arise that pertain to the real estate market and if it is holding strong. Check out September 2021 numbers and see just how well this market is going.
Montana Wide Average Price Per Home...
Bozeman MT = $675,578 + 48.77% from 2020
Helena MT = $396,036 + 26.5% from 2020
Missoula MT = $524,000 + 32.6% from 2020
Kalispell MT = $525,000 + 31.9% from 2020
Great Falls MT = $267,000 + 13.4% from 2020
Great Falls Statistics for September
New Listings = 79 - 17.7% down from 2020
Average Days on Market = 15 Days
This can be skewed a bit due to cash closings. When purchasing a home you can expect a normal transaction time frame of 40-45 days.
Price Per Sqft = $140/sqft + 25% from 2020
Monthly Supply = 0.7 this is down 41.7% from 2020
Months supply refers to the number of months it would take for the current inventory oh homes on the market to sell given the current sales pace.