Bridger Canyon has its own area designation in the Gallatin Association of REALTORS MLS system, but also falls under the broad “Bozeman Area 2” designation. The limited number of real estate transactions each year, combined with home prices ranging from well below one million dollars, to over ten million dollars results in the high fluctuations in the historical sales data for Bridger Canyon Real Estate.
Average single family home prices in Bridger Canyon tend to be 300%-400% higher than the average home price for Bozeman (Areas 1 & 2), and average Days On Market is at least 200% longer for homes sold in Bridger Canyon than for the broader Bozeman area (MLS Areas 1 & 2).
The longer Days On Market is very similar between the broader Bozeman area and Bridger Canyon when measured for similar priced homes. It typically takes longer to sell more expensive homes because fewer people are able to afford them. It is becoming increasingly rare for homes to be listed for less than $750,000 up Bridger Canyon.
Bridger Canyon Real Estate Sales History By Year
*(MLS Area 2B, Single Family Homes)
| YEAR | DAYS ON MARKET
AVG
MED
|
SOLD PRICE
HIGH
LOW
AVG
MED
|
TOTAL SOLD
NUMBER
DOLLARS
| |||||
| 2018 | 158 | 48 | $4,500,000 | $460,000 | $1,274,042 | $944,500 | 24 | $30,577,000 |
| 2017 | 286 | 133 | $2,375,000 | $190,000 | $988,933 | $856,000 | 16 | $16,729,000 |
| 2016 | 318 | 234 | $2,450,000 | $400,000 | $1,049,237 | $886,000 | 20 | $20,984,750 |
| 2015 | 193 | 172 | $6,200,000 | $289,000 | $1,208,050 | $862,500 | 24 | $28,993,200 |
| 2014 | 169 | 101 | $4,500,000 | $155,000 | $1,687,366 | $1,250,000 | 15 | $25,310,500 |
| 2013 | 221 | 182 | $4,600,000 | $305,000 | $1,052,555 | $645,000 | 18 | $18,946,000 |
| 2012 | 187 | 89 | $7,000,000 | $115,700 | $972,974 | $425,250 | 18 | $17,513,544 |
| 2011 | 236 | 205 | $1,850,000 | $525,000 | $935,520 | $724,061 | 6 | $5,613,123 |
| 2010 | 232 | 202 | $1,850,000 | $525,000 | $935,520 | $724,061 | 4 | $5,613,123 |
| 2009 | 115 | 111 | $5,500,000 | $296,900 | $1,789,066 | $1,437,500 | 6 | $10,734,400 |
| 2008 | 137 | 102 | $6,750,000 | $320,000 | $1,425,273 | $1,087,100 | 15 | $21,379,100 |
| 2007 | 131 | 80 | $2,000,000 | $260,000 | $1,121,333 | $1,145,000 | 12 | $13,456,100 |
| 2006 | 169 | 108 | $1,995,000 | $250,000 | $824,571 | $758,500 | 14 | $11,544,000 |
| 2005 | 201 | 180 | $1,650,000 | $275,000 | $785,953 | $650,000 | 15 | $11,789,300 |
| 2004 | 256 | 92 | $1,900,000 | $275,000 | $770,827 | $580,000 | 18 | $13,874,900 |