The Gallatin Association of Realtors recently released its residential real estate market statistics for October 2018, revealing increases in closed sales and sale prices and a tightening inventory of available homes.

Single Family Homes – Gallatin County – October 2018

  • The number of new single-family listings increased slightly from 133 in October 2017 to 135 this October, a 1.5 percent increase. The number of units sold increased 14.9 percent, from 148 last October to 170 this year, while the median sale price saw a 20.9 percent spike, jumping from $372,361 to $450,000.

Condo/Townhouse Market – Gallatin County – October 2018

  • The median sale price in the condo/townhouse market jumped 20.2 percent, from $248,700 in October 2017 to $299,000 last month.

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