2020 Q2 Luxury Real Estate Market Update

Page 1

REALESTATEMARKETUPDATE& METRICS HIGH END & L UXURY MARKET

®


Key Metrics SW Montana Real Estate Q2 2020 $650-999 HIGH END SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2018-2020 300 204

200 121

100

99

91

89

92 50

42

0

6

Bozeman City

Greater Bozeman 2018

2019

Big Sky

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2018-2020 1,000 755

685

764

750

775

760

770

830

500

0

Bozeman City

Greater Bozeman 2018

2019

Big Sky

2020

SINGLE FAMILY # LISTINGS SOLD Q2 YEAR/YEAR 2018-2020

40

20

0

Bozeman City

Greater Bozeman 2020

2019

2018

Big Sky

900


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q2 YEAR/YEAR 2018-2020 30

27 23

20

18 16

10

17

10

3.7 1.6

0

Bozeman City

Greater Bozeman 2018

2019

2020

Big Sky

1.8


Key Metrics SW Montana Real Estate Q2 2020 $1M+ LUXURY SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2018-2020 1,500 1,036

1,000 500 0

224

55

54

Bozeman City

128

126

217

Greater Bozeman 2018

2019

154

67

Big Sky

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2018-2020

4,000

3,110

2,000

0

1,901 1,410

1,325

1,360

Bozeman City

1,347

1,259

Greater Bozeman 2018

2019

1,825

Big Sky

2020

SINGLE FAMILY # LISTINGS SOLD Q2 YEAR/YEAR 2018-2020 30 20 10 0

Bozeman City

Greater Bozeman 2020

2019

2018

Big Sky

3,950


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q2 YEAR/YEAR 2018-2020 60 55

40 33

31

20

0

36

17

2.6

3.8

13

7.4

Bozeman City

Greater Bozeman 2018

2019

2020

Big Sky


Key Metrics SW Montana Real Estate Q2 2020 $650-999 HIGH END CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2018-2020 300 206

200

125

94

100

23

0

51

19

Bozeman City

Big Sky 2018

2019

2020

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2018-2020 1,000 705

742

815

838

650

500

0

Bozeman City

Big Sky 2018

2019

2020

CONDO/TOWNHOME # LISTINGS SOLD Q2 YEAR/YEAR 2018-2020

20

10

0

Bozeman City

Big Sky 2020

2019

2018

885


CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q2 YEAR/YEAR 2018-2020 15

15

9.6

10

5

3.5 1.4

0

1.4

0.6

Bozeman City

Big Sky 2018

2019

2020


Key Metrics SW Montana Real Estate Q2 2020 $1M+ LUXURY CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q2 YEAR/YEAR 2018-2020 400 259

225

200

140 42

0

73 0

Bozeman City

Big Sky 2018

2019

2020

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q2 YEAR/YEAR 2018-2020 2,000 1,200

1,000

1,750

1,795

1,063

0

0

Bozeman City

Big Sky 2018

2019

2020

CONDO/TOWNHOME # LISTINGS SOLD Q2 YEAR/YEAR 2018-2020

15 10 5 0

Bozeman City

Big Sky 2020

2019

2018

1,790


CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q2 YEAR/YEAR 2018-2020 25 24

20

19

15 10 5

4.1 1

0

0

Bozeman City

Big Sky 2018

2019

2020

24


R

E

E M MARCI U

CANDICE W ILSON

M

HAHNKNOFF BROKER|OWNER

ASSISTANT| REAL T OR®

MOLLY OGLE

CARLA T HORNI NG

REAL T OR® |GRI

REAL T OR®

TAMMY J ESKE REAL T OR®

SERVING BOZEMAN,BIG SKY, BELGRADE,L I VI NGST ON, PARADISEVALLEY & GREATER GALLATIN AREA OF MONTANA

M B

H K |R

( 406)9249559 COM EMAIL:INFO@KNOFFGROUP. WWW . KNOFFGR OUP. COM C

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