The Gallatin County real estate market is still growing strong. According to the Gallatin Association of REALTORS®, both average sales volume and total sale price has shown significant growth through September 2015 to September this year.
The increase in average real estate price from $358,997 last year to $460,957 this year, estimates an increase in housing appreciation. Average sales volume has also seen substantial growth in this area.
These numbers demonstrate positive implications that the Gallatin area is steadily climbing in the real estate market. As the GAR President stated, “our local market is in strong shape.”
The statistics comparison between September 2016 and 2015 are as follows:
- September 2015: 226
- September 2016: 217
Residential Sales- Average Sales Price
- September 2015: $339,194
- September 2016: $460,957
Residential Sales- Total Sales Volume
- September 2015: $76,657,952
- September 2016: $100,027,807