ANNUAL MARKET TRENDS
2022 · Southwest Montana
CONTENTS 03 Gallatin County 04 Madison County 05 Park County 06 Belgrade | Manhattan 07 Big Sky 08 Bozeman 09 Ennis 10 PureWest Locations The foregoing information was obtained from the Big Sky Country MLS and while deemed reliable is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. THANK YOU TO OUR CLIENTS
PRICE POINT
TOTAL GROSS* sales volume
$240,056 $318,946 $347,913 $732,380 $675,568 $149,000 $155,000 $229,000 $349,950 $385,000 $471,150 $495,994 $607,671 $808,391 $946,637 $369,900 $395,000 $435,000 $590,000 $692,500 4.13% 23.72% 37.01% 23.04% 9.12% 2.98% Under $250,000 $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up GALLATIN COUNTY
2022
sold properties -
IN GALLATIN COUNTY 2018 2019 2020 2021 2022 $1,215,404,887 $1,302,710,237 $1,941,654,403 $2,521,110,948 *Residential and Land only. $1,896,217,133 2022 closed RESIDENTIAL transactions
AVERAGE & MEDIAN
RESIDENTIAL LAND AVERAGE DAYS ON MARKET 27 days 2021: 31 days 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 RESIDENTIAL units sold MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 86 days 2021: 133 days Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2022 2021 2020 2019 2018 1804 2617 2940 2342 2364
BY
sales price
AVERAGE AVERAGE DAYS ON MARKET 90 days 2021: 107 days
AVERAGE & MEDIAN sales price MEDIAN
2022 2021 2020 2019 2018
221 363 327 256 262
$514,256,223 $584,198,530 $396,171,159 RESIDENTIAL units sold 2018 2019 2020 2021 2022
AVERAGE AVERAGE DAYS ON MARKET 76 days 2021: 135 days 2018 2019 2020 2021 2022
MEDIAN
2018 2019 2020 2021 2022
*Residential and Land only. Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation.
$206,054 $209,722 $279,548 $453,891 $470,688 $65,000 $70,500 $82,500 $140,000 $199,000 $799,592 $868,056 $1,284,652 $1,134,837 $1,390,292 $377,000 $396,000 $597,500 $625,000 $669,000 31.68% 24.01% 14.36% 14.85% 6.68% 8.42% Under $200,000 $200,001 - $400,000 $400,001 - $600,000 $600,001 - $800,000 $800,001 - $1,000,000 $1,000,001 - $1,500,000
MADISON COUNTY sold properties - 2022
2022 closed RESIDENTIAL transactions BY PRICE POINT
TOTAL GROSS* sales volume IN MADISON COUNTY $245,503,443 $272,672,364 RESIDENTIAL LAND
PARK COUNTY sold properties - 2022
BY PRICE POINT AVERAGE MEDIAN
2022 RESIDENTIAL units sold MEDIAN
AVERAGE & MEDIAN sales price
$273,782,867 $247,041,883 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2022 2021 2020 2019 2018 279 397 381 279 293
AVERAGE AVERAGE DAYS ON MARKET 91 days 2021: 76 days *Residential and Land only. 2018 2019 2020 2021 2022
$129,610 $214,351 $188,152 $252,602 $495,736 $96,000 $120,000 $144,250 $174,500 $288,050 $384,806 $457,753 $464,714 $606,913 $768,184 $299,000 $310,000 $351,000 $415,000 $499,000 11.88% 41.74% 25.51% 13.62% 5.51% 1.74% Under $200,000 $200,001 - $400,000 $400,001 - $600,000 $600,001 - $800,000 $800,001 - $1,000,000 $1,000,001 - $1,500,000
TOTAL GROSS* sales volume IN PARK COUNTY $129,726,889 $146,576,088 closed RESIDENTIAL transactions
$206,031,194 RESIDENTIAL LAND AVERAGE DAYS ON MARKET 41 days 2021: 32 days
$231,775 $356,207 $340,509 $576,569 $911,036 $147,000 $113,750 $133,750 $190,000 $392,291 $329,662 $359,758 $391,161 $579,124 $655,550 $290,000 $320,000 $342,450 $475,000 $539,686 4.46% 33.72% 44.77% 12.02% 3.29% 1.74% Under $250,000 $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up BELGRADE | MANHATTAN
* sales volume IN BELGRADE | MANHATTAN $168,724,108 $228,154,906 $264,442,034 $392,329,036 $347,047,970 2022 closed RESIDENTIAL transactions BY PRICE POINT AVERAGE DAYS ON MARKET 24 days 2021: 16 days RESIDENTIAL units sold MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 100 days 2021: 46 days
& MEDIAN
RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 *residential and land only 2018 2019 2020 2021 2022 Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 456 554 636 553 464 2022 2021 2020 2019 2018
sold properties - 2022 TOTAL GROSS
AVERAGE
sales price
PRICE POINT AVERAGE MEDIAN
2022 2021 2020 2019 2018
205 355 374 263 284
$723,993,025 $869,164,208 $557,321,524 RESIDENTIAL units sold MEDIAN
RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
AVERAGE & MEDIAN sales price 2018 2019 2020 2021 2022
AVERAGE AVERAGE DAYS ON MARKET 130 days 2021: 212 days
*Residential and Land only. Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation.
$514,896 $617,040 $887,024 $1,707,489 $1,827,688 $335,750 $415,000 $537,500 $850,000 $1,534,854 $994,654 $1,118,632 $1,620,371 $1,813,832 $2,512,690 $685,000 $699,000 $1,100,000 $1,200,000 $1,954,854 0.41% 9.05% 9.47% 26.34% 30.04% 24.69% Under $250,000 $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up
BIG SKY sold properties - 2022
2022 closed RESIDENTIAL transactions BY
TOTAL GROSS* sales volume IN BIG SKY $319,005,669 $354,053,029 AVERAGE DAYS ON MARKET 82 days 2021: 135 days
2022 2021 2020 2019 2018
sales 1145 1645 1794 1477 1548
$1,186,999,925 $1,407,958,450 $1,162,010,987 *Residential and Land only. Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation.
$248,427 $311,212 $322,301 $651,435 $753,567 $160,000 $165,000 $220,000 $369,900 $696,942 $473,657 $506,696 $587,812 $773,928 $937,221 $399,640 $421,000 $470,250 $625,000 $735,620 0.09% 16.86% 41.40% 30.48% 9.52% 1.66% Under $250,000 $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up BOZEMAN
properties
2022
sold
-
2022 closed RESIDENTIAL transactions BY PRICE POINT AVERAGE DAYS ON MARKET 27 days 2021: 21 days RESIDENTIAL units sold MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 78 days 2021: 136 days AVERAGE & MEDIAN
TOTAL GROSS* sales volume IN BOZEMAN $805,016,758 $822,147,175 price RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
PRICE POINT 2022 2021 2020 2019 2018
sales price 60 90 61 60 55
$76,032,905 $41,956,300 *Residential and Land only. Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation.
$78,079 $64,369 $93,420 $153,483 $263,540 $48,750 $50,450 $66,250 $121,500 $208,000 $335,002 $486,268 $585,734 $606,059 $723,384 $290,000 $349,200 $428,750 $500,000 $695,000 43.26% 21.99% 20.57% 11.35% 2.13% 0.71% Under $250,000 $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up
ENNIS sold properties - 2022
2022 closed RESIDENTIAL transactions BY
AVERAGE DAYS ON MARKET 46 days 2021: 53 days RESIDENTIAL units sold MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 60 days 2021: 85 days RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 AVERAGE & MEDIAN
TOTAL GROSS* sales volume IN ENNIS $24,827,624 $35,613,000 $48,434,908 2018 2019 2020 2021 2022
THE EXCHANGE Big Sky Resort (Seasonal) Big Sky, MT 59716 PUREWESTREALESTATE.COM SOUTHWEST LOCATIONS BOZEMAN 708 N. Rouse Avenue Bozeman, MT 59715 406.586.9418 BIG SKY TOWN CENTER 88 Ousel Falls Road, Suite B Big Sky, MT 59716 406.995.4009 ENNIS 222 E. Main Street, Suite 1A Ennis, MT 59729 406.682.4200
