2019 Q2 Real Estate Market Update & Metrics

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REALESTATEMARKETUPDATE& METRICS

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 Key Metrics SW Montana Real Estate Q2 2019 SINGLE FAMILY AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2017-2019 300 265

200

175 128

100 0

80

83

92

61

69

63

Bozeman City Greater Bozeman

33

50

35

Belgrade 2017

3,000

75

63

93

73 29

Manhattan 2018

51

41

Three Forks

Big Sky

65

51

Livingston City

2019

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2017-2019 2,387

2,000

1,675 1,400

1,000 379 410 436

0

449 496 548

Bozeman City Greater Bozeman

284 320 338

377 370 415

239 255 283

Belgrade

Manhattan

Three Forks

2017

2018

223 285 301

Big Sky

Livingston City

Big Sky

Livingston City

2019

SINGLE FAMILY # LISTINGS SOLD Q2 YEAR/YEAR 2017-2019 200 100 0

Bozeman City

Greater Bozeman

Belgrade

2019

Manhattan

2018

Three Forks

2017


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q2 YEAR/YEAR 2017-2019 100 75

79

71

88

82 70 57

56

50

43

33 35

40 28

25 7.3

0

Bozeman City Greater Bozeman

Belgrade

6

9.5

Manhattan

2017

11 10 9.5

1.9 4.9 3.2

Three Forks

2018

Big Sky

Livingston City

2019

CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2017-2019 150 143 105

100 50

39

0

53

41

Bozeman City

25

30

21

9

Greater Bozeman 2017

750

52

38 12

Belgrade 2018

Big Sky

2019

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2017-2019 675

500 250 0

454 255

297

324

Bozeman City

251

294

364

314 211

204

Greater Bozeman 2017

Belgrade 2018

2019

235

Big Sky


CONDO/TOWNHOME # LISTINGS SOLD Q2 YEAR/YEAR 2017-2019 150 100 50 0

Bozeman City

Greater Bozeman 2019

Belgrade 2018

Big Sky

2017

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q2 YEAR/YEAR 2017-2019 60 51

40

42

45

44

36 28

20 7.6

0

2

Bozeman City

5.5

Greater Bozeman 2017

6.2

4.8

5.5

Belgrade 2018

Big Sky

2019

LAND AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2017-2019 400 317

300

285

231

200

0

184 131

168

131

100

Bozeman City

Greater Bozeman 2017

222

220

Belgrade 2018

2019

Big Sky

227


LAND MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2017-2019 400 360

200 130

132

143

184

212

185

81

0

Greater Bozeman 2017

168 105

72

Bozeman City

Belgrade 2018

315

Big Sky

2019

LAND # LISTINGS SOLD Q2 YEAR/YEAR 2017-2019 100

50

0

Bozeman City

Greater Bozeman 2019

Belgrade 2018

Big Sky

2017

LAND TOTAL DOLLAR VOLUME SOLD (in Millions) Q2 YEAR/YEAR 2017-2019 30 23

20 10 0

9.5

12 7.8

15

6.4

Bozeman City

7.1

4.2

Greater Bozeman 2017

Belgrade 2018

2019

10

12

4.8

Big Sky

10



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