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