‘The faucet has shut off’: Bozeman area housing market shows signs of cooling, but prices remain high | City

In recent years, the Bozeman real estate market has been chaotic. Houses flew off the market, buyers had to offer far above the asking price to get their offers to the top of the pile and every month, the median sale prices reported monthly seemed to rise ever higher.

But in recent months, things have started to feel different.

“It’s not necessarily a ball of fire anymore, where something gets listed and you have all of five seconds to go see it or else there’s 20 offers on it,” said Aaron Cribbes, an advisor with Engel and Volkers.

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