REALESTATEMARKETUPDATE& METRICS HIGH END & L UXURY MARKET
®
Key Metrics SW Montana Real Estate Q1 2020 $650-999 HIGH END SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2018-2020 300 237
228
200
162
144
100
74
90
81 0
0
Bozeman City
94
62 3
Greater Bozeman
Belgrade
2018
2019
100
Big Sky
2020
SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2018-2020 1,000 738
741
765
750
791
775
900
685
792
883
500
0
0
Bozeman City
Greater Bozeman 2018
Belgrade 2019
Big Sky
2020
SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2018-2020
30 20 10 0
Bozeman City
Greater Bozeman 2020
Belgrade 2019
2018
Big Sky
976
SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2018-2020 20 17 15
15
13
10
12
9 6
5
0
0.9
0
Bozeman City
Greater Bozeman 2018
Belgrade 2019
2020
0.6
1.5
2.6
Big Sky
2.9
Key Metrics SW Montana Real Estate Q1 2020 $1M+ LUXURY SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2018-2020 400 293
277 196
200 118
39
0
214
180
Bozeman City
178
164
83 0
Greater Bozeman 2018
0
Belgrade 2019
Big Sky
2020
SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2018-2020
4,000
2,875
2,000
0
2,250 1,350
1,350
1,085
1,200
1,250
1,672
1,742
1,515
1,100 0
Bozeman City
Greater Bozeman 2018
Belgrade 2019
Big Sky
2020
SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2018-2020 20 10 0
Bozeman City
Greater Bozeman 2020
Belgrade 2019
2018
Big Sky
SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2018-2020 60 51
40 26 21
20
0
23
1.3
3.8
6.2
3.2
Bozeman City
27
1.5
Greater Bozeman 2018
1.1
Belgrade 2019
2020
0
Big Sky
Key Metrics SW Montana Real Estate Q1 2020 $650-999 HIGH END CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2018-2020 500
412
250
222 102 8
0
22
11
Bozeman City
Big Sky 2018
2019
2020
CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2018-2020 1,000
800 668
840
719
837
500
0
Bozeman City
Big Sky 2018
2019
2020
CONDO/TOWNHOME # LISTINGS SOLD Q1 YEAR/YEAR 2018-2020
10
5
0
Bozeman City
Big Sky 2020
2019
2018
762
CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2018-2020 10 8
7.5 5.8 5
5 3.3
2.5
1.5
1.4
0
Bozeman City
Big Sky 2018
2019
2020
Key Metrics SW Montana Real Estate Q1 2020 $1M+ LUXURY CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2018-2020 750 560
500 333
250
173 0
0
267
58
Bozeman City
Big Sky 2018
2019
2020
CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2018-2020 3,000 2,375
2,000
1,822 1,082
1,000
1,052
1,100
0
0
Bozeman City
Big Sky 2018
2019
2020
CONDO/TOWNHOME # LISTINGS SOLD Q1 YEAR/YEAR 2018-2020
15 10 5 0
Bozeman City
Big Sky 2020
2019
2018
CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2018-2020 30 26
20
10 6.1 1.8
0
0
1.1
1
Bozeman City
Big Sky 2018
2019
2020
R
E
E M MARCI U
CANDICE W ILSON
M
HAHNKNOFF BROKER|OWNER
ASSISTANT| REAL T OR®
MOLLY OGLE
CARLA T HORNI NG
REAL T OR® |GRI
REAL T OR®
TAMMY J ESKE REAL T OR®
SERVING BOZEMAN,BIG SKY, BELGRADE,L I VI NGST ON, PARADISEVALLEY & GREATER GALLATIN AREA OF MONTANA
M B
H K |R
( 406)9249559 COM EMAIL:INFO@KNOFFGROUP. WWW . KNOFFGR OUP. COM C
®
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