2022 Half-Year Southwest Montana Market Trends

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FIRST HALF 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

GALLATIN COUNTY sold properties - first half 2022 TOTAL GROSS* sales volume IN GALLATIN COUNTY 2018 2019 2020 2021 2022 $553,480,295 $582,392,634 $596,486,379 $1,003,908,641 only.Landand*Residential $989,621,872 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup AVERAGE & MEDIAN sales price RESIDENTIAL LAND AVERAGE DAYS ON MARKET 21 days 2021: 38 days $441,686 2018 2019 2020 2021 2022 $483,159 $509,848 $715,394 $976,938 $269,900 $395,000 $395,950 $550,000 $714,000 $219,969 2018 2019 2020 2021 2022 $298,081 $258,561 $667,931 $588,558 $149,000 $155,000 $168,800 $389,000 $365,300 RESIDENTIAL units sold 20222021202020192018 924105311171067112625%39%20%5%9%2% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 102 days 2021: 170 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 - 6/30/2018 through 1/1/2022 - 6/30/2022, 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.

MADISON COUNTY sold properties - first half 2022 TOTAL GROSS* sales volume IN MADISON COUNTY $123,811,967 $144,944,501 $125,757,168 $254,966,680 $235,166,826 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup AVERAGE & MEDIAN sales price RESIDENTIAL RESIDENTIALLAND units sold 20222021202020192018 128135 89 176 13519%16%23%29%5%8% $759,515 2018 2019 2020 2021 2022 $970,317 $1,120,732 $978,995 $1,324,087 $373,500 $390,000 $458,000 $542,000 $876,000AVERAGEMEDIAN AVERAGE DAYS ON MARKET 91 days 2021: 102 days $253,302 2018 2019 2020 2021 2022 $201,398 $298,989 $399,341 $538,398 $65,000 $70,500 $75,000 $127,500 $215,100AVERAGEMEDIAN AVERAGE DAYS ON MARKET 114 days 2021: 164 days 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, 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.

PARK COUNTY sold properties - first half 2022 TOTAL GROSS* sales volume IN PARK COUNTY $42,088,538 $50,046,877 $52,935,857 $89,225,123 $105,402,006 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup RESIDENTIAL LAND AVERAGE DAYS ON MARKET 62 days 2021: 41 days $311,634 2018 2019 2020 2021 2022 $378,421 $386,320 $452,335 $581,887 $293,500 $310,000 $325,000 $385,000 $437,100 $109,661 2018 2019 2020 2021 2022 $224,470 $135,463 $190,753 $396,162 $96,000 $120,000 $110,250 $132,000 $296,000 RESIDENTIAL units sold 20222021202020192018 102115123 15216912%25%44%15%3%.5% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 112 days 2021: 96 days only.Landand*Residential Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, 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. 2018 2019 2020 2021 2022 AVERAGE & MEDIAN sales price

BELGRADE | MANHATTAN sold properties - first half 2022 TOTAL GROSS* sales volume IN BELGRADE | MANHATTAN $106,975,724 $142,121,146 $140,878,325 $395,365,311 $197,858,503 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup AVERAGE DAYS ON MARKET 120 days 2021: 162 days $517,551 $622,822 $593,433 $1,015,679 $717,386 $375,000 $447,700 $418,750 $630,500 $562,200 $246,353 $239,253 $285,644 $592,567 $735,294 $143,250 $170,000 $170,000 $367,500 $299,300 RESIDENTIAL units sold 20222021202020192018 256278 319 24327913%45%32%5%3%2% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 126 days 2021: 138 days AVERAGE & MEDIAN sales price RESIDENTIAL LAND 2018 2019 2020 2021 2022 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 - 6/30/2018 through 1/1/2022 - 6/30/2022, 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. 2018 2019 2020 2021 2022

BIG SKY sold properties - first half 2022 TOTAL GROSS* sales volume IN BIG SKY $437,778,049 $494,500,886 $693,741,982 $528,524,450 $757,992,946 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup AVERAGE DAYS ON MARKET 118 days 2021: 173 days $920,928 $1,145,027 $1,502,067 $1,335,764 $2,214,418 $582,500 $760,000 $935,000 $953,500 $1,586,500 $528,562 $716,546 $822,342 $1,289,706 $1,545,528 $350,000 $430,000 $925,000 $777,500 $1,237,100 RESIDENTIAL units sold 20222021202020192018 137144 93 180 11320%24%36%11%.7%9% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 109 days 2021: 200 days RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 AVERAGE & MEDIAN sales price 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, 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.

BOZEMAN sold properties - first half 2022 TOTAL GROSS* sales volume IN $370,699,310BOZEMAN$363,099,975 $385,669,352 $580,078,700 $594,403,335 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup AVERAGE DAYS ON MARKET 106 days 2021: 162 days $571,551 $622,822 $593,433 $1,015,679 $973,101 $375,000 $447,700 $418,750 $630,500 $745,500 $246,353 $239,253 $170,000 $592,567 $598,583 $143,300 $170,000 $285,644 $367,500 $485,333 RESIDENTIAL units sold 20222021202020192018 161194196 307 57130%42%16%1%9%2% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 133 days 2021: 138 days AVERAGE & MEDIAN sales price RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, 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.

ENNIS sold properties - first half 2022 TOTAL GROSS* sales volume IN ENNIS $11,948,924 $14,845,850 $10,421,180 $29,612,830 $38,372,700 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup AVERAGE DAYS ON MARKET 90 days 2021: 162 days $311,075 $557,133 $451,769 $519,492 $648,322 $280,000 $348,400 $381,000 $481,000 $572,900 $88,748 $59,359 $96,250 $119,906 $271,543 $46,250 $50,000 $106,429 $93,000 $183,900 RESIDENTIAL units sold 20222021202020192018 27 21 16 373910%19%24%44%2%1% AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 120 days 2021: 138 days RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 AVERAGE & MEDIAN sales price 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the Big Sky Country MLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, 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.

THE EXCHANGE Big Sky Resort (Seasonal) Big Sky, MT 59716 PUREWESTREALESTATE.COM SOUTHWEST LOCATIONS BOZEMAN 708 N. Rouse Avenue Bozeman, MT 406.586.941859715 BIG SKY TOWN CENTER 88 Ousel Falls Road, Suite B Big Sky, MT 406.995.400959716 ENNIS 222 E. Main Street, Suite 1A Ennis, MT 406.682.420059729

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