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Market Trends & Statistics of 2021

Market Trends

The following market trends and statistics were gathered in October of 2021 from Big Sky Country Multiple Listing Service (MLS) InfoSparks using Gallatin Valley and class specific filters (listed in each category title) with a one-year rollover.

Gallatin Valley Housing Market Trends

Median sale prices have increased 35.2% to $525,000 since September 2020. Gallatin Valley had a 3.0% new listing count decrease from September 2020 to September 2021. The number of sales closed during the month increased by 4.4% between September 2020 and September 2021. Overall, residential properties spent an average of 19 days less on the market in this time frame.

Gallatin Valley Residential Single Family Homes Under 1 Acre

Median sale prices have increased 36.6% to $604,950 since September 2020. Gallatin Valley had a 2.7% new listing count decrease from September 2020 to September 2021. The number of sales closed during the month decreased by 5.1% between September 2020 and September 2021. Overall, residential properties spent an average of 23 days less on the market in this time frame..

Gallatin Valley Residential Single Family Homes Over 1 Acre

Median sale prices have increased 35.5% to $1,060,000 since September 2020. Gallatin Valley had a 5.4% new listing count increase from September 2020 to September 2021. The number of sales closed during the month increased by 18.6% between September 2020 and September 2021. Overall, residential properties spent an average of 32 days less on the market in this time frame.

Gallatin Valley Residential Condominiums & Townhomes

Median sale prices have increased by 33.9% to $415,000 since September 2020. Gallatin Valley had a 2.6% new listing count decrease from September 2020 to September 2021. The number of sales closed during the month increased by 8.4% between September 2020 and September 2021. Overall, residential properties spent an average of 6 days less on the market in this time frame.

Gallatin Valley Land Under 1 Acre

Median sale prices have increased 73.6% to $237,500 since September 2020. Gallatin Valley had a 17.5% new listing count decrease from September 2020 to September 2021. The number of sales closed during the month decreased by 23.6% between September 2020 and September 2021. Overall, residential properties spent an average of 17 days less on the market in this time frame.

Gallatin Valley Land Over 1 Acre

Median sale prices have increased 45.5% to $417,500 since September 2020. Gallatin Valley had a 11.7% new listing count decrease from September 2020 to September 2021. The number of sales closed during the month increased by 36.6% between September 2020 and September 2021. Overall, residential properties spent an average of 71 days less on the market in this time frame..

View more statistics here:

January 2021 Rollover Market Trends

February 2021 Rollover Market Trends

March 2021 Rollover Market Trends

April 2021 Rollover Market Trends

May 2021 Rollover Market Trends

June 2021 Rollover Market Trends

July 2021 Rollover Market Trends

August 2021 Rollover Market Trends

September 2021 Rollover Market Trends

If you are interested in learning how your home fits into these numbers, contact your Broker, they will be excited to hear from you!

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