2024 Q4 Real Estate Market Update & Metrics

Page 1

REALESTATEMARKETUPDATE& METRICS


Key Metrics SW Montana Real Estate Q4 2024 SINGLE FAMILY AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2022-2024 100 99 90

75

72 67 60

56

56

53

50

50

46

43

39

36

34

35

29 19

0 Bozeman City

Greater Bozeman

Belgrade

Manhattan

2022

2023

Big Sky

Livingston City

2024

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2022-2024 4,000 3,900

2,530 2,500

2,000 1,200 997 804

737

1,050

775 553

587

618

735 477

605

489

509

504

0 Bozeman City

Greater Bozeman

Belgrade

2022

Manhattan

2023

Big Sky

Livingston City

Big Sky

Livingston City

2024

SINGLE FAMILY # LISTINGS SOLD Q4 YEAR/YEAR 2022-2024 100

50

0 Bozeman City

Greater

Belgrade

Manhattan

Bozeman

2024

2023

2022


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2022-2024 150

120

117 107

100

67

66

64

50

49

44

50 28

24

21

18 9.6

8.8

12

10.5

8

0 Bozeman City

Greater Bozeman

Belgrade

2022

Manhattan

2023

Big Sky

Livingston City

2024

CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2022-2024 150 127 116

100

88 72 62

50

45

41

45

44

42

30 22

15

22

22

0 Bozeman City

Greater Bozeman

2022

Belgrade

2023

Big Sky

Livingston

2024

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2022-2024 2,000 1,570

1,895 1,437

1,000 730 570

535

475

497

475

380

425

451

419 323

361

0 Bozeman City

Greater Bozeman

2022

Belgrade

2023

Big Sky

2024

Livingston


CONDO/TOWNHOME # LISTINGS SOLD Q4 YEAR/YEAR 2022-2024 100

50

0 Bozeman City

Greater Bozeman

Belgrade

2024

2023

Big Sky

Livingston

2022

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2022-2024 100

80

81

75

50

51

49

47 41

25 12.6 4.6

2.9

7.6

6.2

4.2

0.839

4

2.8

0 Bozeman City

Greater Bozeman

Belgrade

2022

2023

Big Sky

Livingston

2024

LAND AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2022-2024 400

357

293

194

200

193

111

89

117

97

75

57 31

27

0 Bozeman City

Greater Bozeman

2022

Belgrade

2023

2024

Big Sky


LAND MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2022-2024 3,000

2,122

2,087 1,860

2,000

1,000

750 550 350

350

330

444

362

395 126

0 Bozeman City

Greater Bozeman

2022

Belgrade

2023

Big Sky

2024

LAND # LISTINGS SOLD Q4 YEAR/YEAR 2022-2024 30

20

10

0 Bozeman City

Greater Bozeman

2024

Belgrade

2023

Big Sky

2022

LAND TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2022-2024

40

29

28

20 12 10 5.5

6.9

10 6.4

8.3

4.5

3.7 0.77

0 Bozeman City

Greater Bozeman

2022

Belgrade

2023

2024

Big Sky


BOZEMAN, ALL RESIDENTIAL, UNITS SOLD BY PRICE

< 450k

451-650k

651-800k

801-1M

1M+

GREATER BOZEMAN, ALL RESIDENTIAL, UNITS SOLD BY PRICE

< 450k

451-650k

651-800k

801-1M

1M+


BELGRADE, ALL RESIDENTIAL, UNITS SOLD BY PRICE

< 450k

451-650k

651-800k

801-1M

1M+

801-1M

1M+

BIG SKY, ALL RESIDENTIAL, UNITS SOLD BY PRICE

< 450k

451-650k

651-800k


MARCIE HAHNKNOFF

MOLLY OGLE

BROKER OWNER REAL T OR®

GRI REAL T OR®

CARLA T HORNI NG

KEVIN CHARTIER

REAL T OR®

REAL T OR®

ERIC KNOFF

KRISTIN W ILD

ASSI ST ANT REAL T OR®

ASSI ST ANT REAL T OR®

SERVING BOZEMAN,BIG SKY,BELGRADE, L I VI NGST ON,P ARADI SE VAL L EY & GREATER GALLATIN AREA OFMONTANA

L COM :INFO@KNOFFGROUP. ( 406)9249559|EMAI WWW . KNOFFGROUP. COM

Al li nf or mat i oncont ai nedher ei ni sder i vedf r om sour cesdeemedr el i abl e.However ,i ti snotguar ant eedbyKnof fGr oupRealEst at e,Managi ngBr oker , Agent sorSel l er s.Of f er i ngi ssubj ectt oer r or ,omi ssi ons,pr i orsal es,pr i cechangeorwi t hdr awalwi t houtnot i ceandappr ovalofpur chasebySel l er .We ur gei ndependentver i f i cat i onofeachandever yi t em submi t t ed,t ot hesat i sf act i onofanypr ospect i vepur chaser .Dat asour ceBi gSkyCount r yMLS.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.