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Gallatin County homes sell quickly in March; Sellers receive more than asking price on average

Pattern of high demand and low inventory continues

Single family homes and condos and townhomes in Gallatin County fetched more than 100% of their asking price on average during March. Homes also sold quickly, averaging around 20 days on the market. While new listings and the inventory of available homes both dropped, the months supply of inventory increased in both the single family and condo/townhouse markets.

“Our market continued to be intense in March, with homes selling quickly and above asking price,” said Joanna Harper, GAR Board President. “If typical increased seasonal demand combines with our tight inventory, then strong seller’s ma...