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Bozeman Market Report

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Bozeman and the Gallatin Valley have experienced steady, solid growth in both population growth and real estate values over the past decade.


Non-resident ownership of land in Montana was reported at 11% of property sales in the Gallatin Valley in 2005. According to recently published U.S. Census Bureau figures, Gallatin Valley is the fastest-growing county in Montana, clocking a 19.3% growth rate between 2000 and 2006. Economic predictions are that—if anything—Gallatin Valley will continue to grow at an even healthier pace.

 

 

U.S. & Montana Economic Outlook

This "U.S. & Montana Economic Outlook" presentation has been brought to you by First Interstate Bank & Stuart and Sally Platinum Properties. Please feel free to contact us if you have any questions. 

This graph shows Residential Single Family Homes in Gallatin County as of February 2008

 amount of inventory, average price, median price, and number of days on the market.

 

 

This graph shows Vacant Land in Gallatin County as of February 2008

 amount of inventory, average price, median price, and number of days on the market.

 

Updated 2/2008



So what is driving the fantastic growth of the Bozeman and the Gallatin Valley real estate market?

  • The distinctive Montana lifestyle
  • The limited quantity of available land
  • The dynamic community of Bozeman

Bozeman has been named the #1 ‘Dreamtown’ by Bizjournals.com for its quality of life and business growth, edging out Jackson Hole and Durango, Colorado. Bozeman is a small college town with a sophisticated and cultured atmosphere. Despite its size, Bozeman boasts amenities that larger urban cities would envy. No matter what the season, there are a full range of activities to enjoy, from world-class fly fishing to the thrill of skiing to attending a wonderful symphonic concert. Whether you are starting up a business, relocating a family, or just wishing to retire or own a second home here: an investment in Bozeman real estate is a sound decision.

Surrounded by 5 mountain ranges, with national and state land edging right up to the city and county lines, land is finite, while the sense of space is vast. Land values reflect the precious, limited nature of available acreage, while quality homes are in short supply. Bozeman real estate continues to appreciate as more people desire to live in a place relatively free from crime, embraced by nature, unpolluted and stress-free, in which they can create and enjoy the benefits of a lifestyle unlike any other in America.

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