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REALESTATEMARKETUPDATE& METRICS HIGH END & L UXURY MARKET

®


Key Metrics SW Montana Real Estate Q3 2019 $650-999 HIGH END SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2017-2019 150 113

100

108

89 68

49

50

67

48

48

18

0

Bozeman City

16

Greater Bozeman

23

Belgrade

2017

2018

17

Big Sky

2019

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2017-2019 1,000 759

768

700

742

749

800

790

707

841

739

730

500

0

Bozeman City

Greater Bozeman 2017

Belgrade 2018

Big Sky

2019

SINGLE FAMILY # LISTINGS SOLD Q3 YEAR/YEAR 2017-2019

60 40 20 0

Bozeman City

Greater Bozeman 2019

Belgrade 2018

2017

Big Sky

935


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2017-2019 40 32

30 22 19

20 14

10

8.4

9.2 2.9

0

Bozeman City

Greater Bozeman 2017

1.5

Belgrade 2018

2019

1.6

3

5.1

Big Sky

2.7


Key Metrics SW Montana Real Estate Q3 2019 $1M+ LUXURY SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2017-2019 1,500 1,109

1,000 500 0

4

58

57

Bozeman City

248

179

295 99

0

Greater Bozeman 2017

Belgrade 2018

243

27

189

Big Sky

2019

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2017-2019

4,000

3,290 2,300

2,000

0

1,550

1,196

1,149

1,550

1,495

1,675

1,872

2,210

1,195 0

Bozeman City

Greater Bozeman 2017

Belgrade 2018

Big Sky

2019

SINGLE FAMILY # LISTINGS SOLD Q3 YEAR/YEAR 2017-2019 30 20 10 0

Bozeman City

Greater Bozeman 2019

Belgrade 2018

2017

Big Sky


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2017-2019 60 46

40 26

30

27

21

20 9.1

0

30

7.7

1.5

Bozeman City

2.3

0

Greater Bozeman 2017

Belgrade 2018

2019

3.3

Big Sky


Key Metrics SW Montana Real Estate Q3 2019 $650-999 HIGH END CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2017-2019 200 130 94

100

119 69 0

0

Bozeman City

66

46

29

0

0

0

Greater Bozeman

0

Belgrade

2017

2018

Big Sky

2019

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2017-2019 1,000

804

715

745

740

725

845

500

0

0

Bozeman City

0

0

Greater Bozeman 2017

0

Belgrade 2018

0

Big Sky

2019

CONDO/TOWNHOME # LISTINGS SOLD Q3 YEAR/YEAR 2017-2019

15 10 5 0

Bozeman City

Greater Bozeman 2019

Belgrade 2018

2017

Big Sky

771


CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2017-2019 12.5

11.3 9.7

10 7.5 5 2.5 0

3.7 1.6

2.2

2.2 0

Bozeman City

0

0.7

0

Greater Bozeman 2017

0

Belgrade 2018

2019

0

Big Sky


Key Metrics SW Montana Real Estate Q3 2019 $1M+ LUXURY CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2017-2019 500

400 304

250

181 77

0

63

Bozeman City

127

Big Sky 2017

2018

2019

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2017-2019 3,000 2,107

2,000

1,825 1,260

1,000 0

1,200

1,200

Bozeman City

Big Sky 2017

2018

2019

CONDO/TOWNHOME # LISTINGS SOLD Q3 YEAR/YEAR 2017-2019

7.5 5 2.5 0

Bozeman City

Big Sky 2019

2018

2017

1,825


CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2017-2019 12.5 12

10

9.3

9

7.5 5 2.5 0

2.1 1.2

1.2

Bozeman City

Big Sky 2017

2018

2019


Profile for Marcie Hahn-Knoff, Broker | REALTOR®

2019 Q3 Luxury Real Estate Market Update  

Quarter 3 2019 luxury real estate market update and year over year comparison for the Bozeman, Big Sky, Belgrade and surrounding areas of so...

2019 Q3 Luxury Real Estate Market Update  

Quarter 3 2019 luxury real estate market update and year over year comparison for the Bozeman, Big Sky, Belgrade and surrounding areas of so...