2023 Q2 Luxury Real Estate Market Update

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SW Montana Real Estate Q2 2023

$1-1.5M HIGH END SINGLE FAMILY

SINGLE FAMILY AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2021-2023 SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2021-2023 32 18 33 12 8 0 53 55 0 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 25 50 75 1,165 1,310 1,324 1,250 1,215 0 1,150 1,272 0 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 500 1,000 1,500 2023 2022 2021 Bozeman CityGreater BozemanBig Sky 0 20 40 SINGLE FAMILY # LISTINGS SOLD Q2 YEAR/YEAR 2021-2023
Key Metrics

SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions)

Q2 YEAR/YEAR 2021-2023

12 32 5.1 27 19 0 29 24 0 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 10 20 30 40
SINGLE FAMILY AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2021-2023 SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2021-2023 97 57 77 16 28 58 107 69 163 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 100 200 1,820 2,250 3,300 1,617 2,047 4,125 1,687 1,875 4,500 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 2,500 5,000 2023 2022 2021 Bozeman CityGreater BozemanBig Sky 0 20 40 SINGLE FAMILY # LISTINGS SOLD Q2 YEAR/YEAR 2021-2023
2023 Key
$1.5M+ LUXURY SINGLE FAMILY
SW Montana Real Estate Q2
Metrics

SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions)

9.8 42 48 16 62 47 3.3 44 35 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 20 40 60 80
Q2 YEAR/YEAR 2021-2023

SW Montana Real Estate Q2 2023 Key Metrics

CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2021-2023 CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2021-2023 17 137 16 8 66 36 2021 2022 2023 Bozeman CityBig Sky 0 100 200 1,389 1,345 1,325 1,275 1,250 1,200 2021 2022 2023 Bozeman CityBig Sky 0 1,000 2,000 2023 2022 2021 Bozeman CityBig Sky 0 10 20 CONDO/TOWNHOME # LISTINGS SOLD Q2 YEAR/YEAR 2021-2023
$1-1.5M HIGH END CONDOS/TOWNHOMES

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions)

Q2 YEAR/YEAR 2021-2023

2.7 22 7.8 12 6.2 3.5 2021 2022 2023 Bozeman CityBig Sky 0 5 10 15 20 25

SW

CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2021-2023 CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2021-2023 27 35 196 39 24 124 2021 2022 2023 Bozeman CityBig Sky 0 100 200 1,825 1,855 1,850 2,054 2,175 3,000 2021 2022 2023 Bozeman CityBig Sky 0 2,000 4,000 2023 2022 2021 Bozeman CityBig Sky 0 10 20 30 CONDO/TOWNHOME # LISTINGS SOLD Q2 YEAR/YEAR 2021-2023
$1.5M+ LUXURY CONDOS/TOWNHOMES
Montana Real Estate Q2 2023 Key Metrics

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions)

Q2 YEAR/YEAR 2021-2023

3.6 27 3.7 40 7.6 81 2021 2022 2023 Bozeman CityBig Sky 0 100 25 50 75

BOZEMAN, ALL RESIDENTIAL, UNITS SOLD BY PRICE

GREATER BOZEMAN, ALL RESIDENTIAL, UNITS SOLD BY PRICE

< 450k 451-650k 651-800k 801-1M 1M+
< 450k 451-650k 651-800k 801-1M 1M+

BELGRADE, ALL RESIDENTIAL, UNITS SOLD BY PRICE

BIG SKY, ALL RESIDENTIAL, UNITS SOLD BY PRICE

< 450k 451-650k 651-800k 801-1M 1M+
< 450k 451-650k 651-800k 801-1M 1M+
Allinformationcontainedhereinisderivedfrom sourcesdeemedreliable However,itisnotguaranteedbyKnoffGroupRealEstate,ManagingBroker, AgentsorSellers Offeringissubjecttoerror,omissions,priorsales,pricechangeorwithdrawalwithoutnoticeandapprovalofpurchasebySellerWe urgeindependentverificationofeachandeveryitem submitted,tothesatisfactionofanyprospectivepurchaser DatasourceBigSkyCountryMLS

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