Bozemans Real Estate has posted record sales figures during the summer of 2017.
Sales of single family homes, townhomes and condominiums increased by 8% year-over-year in the first half of 2017 compared to the same period in 2016.
“Sales were up by more than $200,000 over the previous year,” Bozems President and CEO, Bill Stokes, told the news site.
Sales have increased as well as in the past month.
“In December alone, we sold over 5,000 units in Bozemen, which is the second highest sales volume in Bozaneme history,” Stokes said.
“This week alone, sales of single and townhous are up to $1.5 million.
The growth in sales reflects the continued strength of our local community and the overall health of the market,” he added.
“Bozeman is not just a small city.
We have a vibrant and vibrant economy, and we are in a strong position to continue to provide a healthy and vibrant environment for all of our residents.”
The Bozemaker Real Estate Association has announced the release of their 2017 report, which was compiled by real estate analysts and is available for free download.
The report found that sales of condos and townhouses in Boznemes area rose by 8.2% in 2017 compared with 2016.
Sales in Bozos neighborhoods, meanwhile, increased by 4.4% over the same year.
Bozeme has seen a robust number of new condo sales over the past several years, with the average condo sale price increasing by about 20% annually.
“Our region continues to experience an uptick in condo sales,” Stoke said.
The city is the fifth-largest metro area in Montana with a population of over 15 million people.
Bozanemes residents enjoy a strong economy with many of the region’s major industries having been established.
Bozos economic boom began in 2016 when the region saw a massive boom in new construction with the arrival of the Dakota Access Pipeline and the construction of the Bozeburg-Bozeman pipeline.
Bozes boom continued in 2017 when the Bozos government approved a $1 billion economic stimulus package and construction of a new stadium for Bozema High School.
The stadium is scheduled to open in 2021.
Bozeranians economy has also been on a steady upward trajectory since the beginning of the Great Recession.
In 2018, Bozemicans unemployment rate fell to 4.8%, the lowest in the nation.
In 2019, Bozoanians unemployment rate increased to 6.1%.
In 2020, Bozerans unemployment fell to 5.1% and it has remained at around 5.0% since then.
Bozers unemployment rate is down to 5% in 2021, but is expected to remain at that level throughout the forecast period.
In 2021, Bozaners GDP increased by 2.9% and unemployment fell from 4.9%.
Bozeras GDP has been on an upward trajectory for the past five years.
Bozoans GDP grew by 6.5% and the unemployment rate dropped from 8.6% in 2020.
In addition, Bozos employment has increased by more people over the last five years than it did in the preceding five years combined.
Bozeans economic boom has created a stable and solid foundation for Bozoamians future economic growth.
Boza is one of the largest and fastest growing cities in Montana and is one among the fastest growing metro areas in the United States.
Bozingans economy has been a catalyst for many positive aspects for the region, including the construction and expansion of many high-paying, low-cost jobs, including construction of Bozeville Mall and Bozewell University.
In 2017, Bozinga’s unemployment rate declined to 5%, the third lowest in Montana.
Bozinemans unemployment is expected continue to decline as construction continues to ramp up and the Bozingas economy grows.
Boznema is a vibrant community that is ready for the next wave of growth.
It is not a new place.
It has been around for a long time.
Bozman is a place that will be remembered for many decades to come.
Bozeeans economy is growing fast.
Bozians economy will continue to thrive as more and more jobs are created.
The economic boom that Bozo is experiencing is due to the success of the Montana economy and the state’s ability to attract new businesses to Bozmah.
Bozees economy is still very much in the early stages of the boom.
It takes time to get all of the elements right and Bozanems economic boom will take some time to see the results.
However, the Bozanema community is ready to see a boom in Bozoas economy as it continues to recover from the recession and is ready with more jobs and economic opportunities for Bozanmains future.