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Three Forks, MT

Three Forks Montana Real Estate 4th Quarter Market Update

Jenifer Owens: Real Estate Agent in Bozeman, MT
Three Forks Real Estate 4th Quarter Market update

The following graphs should help you understand where the market in Three Forks is for the 4th quarter of 2011.

Market for Single Family Homes in Three Forks, MT

three forks montana real estate

The previous graph indicates that the fourth quarter we sold more homes than we have in the first three quarters of the year, however, the homes selling that are selling are the lower price point. Three Forks is still a slower market presently, we are hoping to get through the foreclosure inventory and back to a stable market this next year.

Real Estate Inventory for Three Forks, MT

three forks montana real estate

This graph is an indication of our inventory, how well it is moving, and how long it might take to get your home sold. We refer to this as the Absorption Rate. For Three Forks, this graph is a dismal indication that you will have to plan on an extended market time to sell your home as there are more homes for sale that there are buyers available.

Average Asking Price to Actual Sold Price

Three forks montana real estate

The last chart I would like to share with you is the average asking price to sold price. As you can see, if you own a Single Family home under an acre you can expect some negotiations on your asking price, but we have done a better job of pricing those homes over an acre and there is less negotiating.

If you have further questions about Three Forks homes for sale, or would like to search the homes for sale in Three Forks Montana, please don't hesitate to call or email! We are your expert local real estate broker.

Three Forks Christmas Stroll and OPEN HOUSE: 415 W. Adams, December seasons of sharing and celebration

Jenifer Owens: Real Estate Agent in Bozeman, MT

This is an annual event in the Three Forks area that draws nearly the entire town out to Main Street to enjoy the crisp clean air and the socializing with family and friends. There will be activities for kids including

Horse drawn wagon rides
Magic show
Community cookie exchange
Bonfire
Fireworks

And, of course, Santa and Mrs. Clause will be strolling the street for photo opportunities with the young ones! Come out and see the folks you haven’t seen all year, then end the evening at the Sacajawea for a warming cup of steaming apple cider, freshed baked cookies, a live nativity set, and great music. We hope along the way you will stop in to see us at the fabulous home we have listed, if not, by the end of the night we will see you at the Inn and we wish all a fabulous holiday season!


$249,500

LISTING INFORMATION

  • MLS ® : 177328
  • BEDROOMS: 6
  • FULL BATHS: 4
  • LOT SIZE: 3580
  • HEAT SOURCE: Gas

Three Forks Montana Market Report

Jenifer Owens: Real Estate Agent in Bozeman, MT

Three Forks, Montana Real Estate 3rd Quarter Market update

The following graphs should help you understand where the market in Three Forks is for the 3rd quarter of 2011.

Market for Single Family Homes in Three Forks, MT

Three Forks market update

Three Forks is has a second quarter anomaly with one unique sale that skews the graph. In looking at just the 1st and 3rd quarters you can get a fairly decent idea of the market. There is considerably more negotiating power in Three Forks, it is a smaller community and jobs are limited unless you choose to drive for employment.

Real Estate Inventory for Three Forks, MT

three forks market update

This graph is an indication of our inventory, how well it is moving, and how long it might take to get your home sold. We refer to this as the Absorption Rate. Homes in Three Forks do generally have a longer market time due to the limited number of buyers looking at the area. Plan accordingly and check your price carefully if you want your home to move more quickly.

Average Asking Price to Actual Sold Price

three forks market update

The last chart I would like to share with you is the average asking price to sold price. As you can see, if you own a home in Three Forks, when a buyer does make an offer, they have a little better driving force and can negotiate a bit more firmly than one of the bedroom communities closer to Bozeman.

If you have further questions about Three Forks homes for sale, or would like to search the homes for sale in Three Forks Montana, please don't hesitate to call or email! We are your expert local real estate broker.

What to do in Three Forks, Montana

Jenifer Owens: Real Estate Agent in Bozeman, MT

What to do in

Three Forks, Montana??


We are a small town. I moved here from the hustle and bustle of Bozeman (yes, I Three Forks Montanado think 100,000 folks is a big city) to find a little more relaxed environment, but I did not move here to let the weeds grow between my toes! I do still enjoy activities, even if I don’t want to drive the 35 miles to Bozeman to find it. So what is there to do here? Check it out:

Montana Horse Round Up

Montana Annual Horse Round Up. They still transport their entire herd of horses the old fashioned way! Driving them from winter pastures to summer pastures through the middle of town! It is always a site to behold, and 2012 may be the last year to participate, come join us May 3-6!

Three Forks High School Rodeo, usually held near the end of April. Always fun to cheer on the younger cowboys and cowgirls and get involved with the local talent!

Headwaters Country Jam. This year, the 28th, 29th, and 30th, of June. This is a weekend of country headliners! You can expect names like Luke Bryan, Montana Rose, Blackhawk, and Charlie Daniels to show up in our sleepy little town.

Three Forks Rodeo. This is NRA action. The third weekend in July the entire town puts on a show. Street dances with live bands, parade, and lots of bucking, riding action for entertainment.

Rockin the Rivers. Near the 2nd week of August, this is another weekend of rocking entertainment, just a different variety of music. Pat Benatar, Creedance Clearwater, and Led Zepplin have all graced our small town with their presence. You can see the campgrounds from miles away!

Three Forks Christmas Stroll. We enjoy smores and lights with our friends and families on Main Street.

Three Forks MontanaIf the social activities don't get you, we are Three Forks, where 3 rivers merge to create the great Missouri River, so no shortage of fishing, hiking, or floating. Lewis and Clark Caverns are here for exploring! And miles of hiking, camp sites, and wide open spaces.

If Three Forks, Montana sounds like someplace you might like to visit, come on down and see us. If you think you might want to stay longer, call, I’m happy to help find your piece of Three Forks!

Three Forks, Montana Sacajawea Inn

Jenifer Owens: Real Estate Agent in Bozeman, MT

Three Forks, Montana

Sacajawea Inn

Sacajawea InnLooking for a great place to get away? A quaint, bustling, western town filled with friendly folks, golf, fishing, outdoor activities, great music, all set in a warm and inviting atmosphere awaits you.

Dean and Hope Folkvord have long been active in our small community, they grew a farming industry from just growing grain into a thriving business that delivers wheat products across the country and employ a huge number of our residents here in Three Forks at Wheat Montana (that’s a whole different story!).

It was a Three Forks Montanabit of a surprise to most of us, that when the Sacajawea Inn became available, they dove “in”. It has been a historic part of Three Forks, Montana nearly a century now, but had been neglected for many of the past years. After the purchase, Folkvords’ spent the next year renovating every portion of the great hotel. They have painstakingly restored the setting as closely to the original splendor as possible and have created a wonderfully unique blend of modern amenities where you still feel as though you have stepped back a bit in time.

Come enjoy the warm front deck for an afternoon of music, or a bicycle ride on the paved trail, maybe a round of golf is more your style, or an evening of dining and dancing. Whatever your pleasure, the Sacajawea Inn will not disappoint, nor will Three Forks, Montana!

Then, if you decide you might like to stay permanently, call, I'm happy to help show you homes for sale in the Three Forks area.