2020 Q3 Real Estate Market Update & Metrics

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REALESTATEMARKETUPDATE& METRICS


 Key Metrics SW Montana Real Estate Q3 2020 SINGLE FAMILY AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2018-2020 200 183

140 114

100 32

0

90

77

63 33

Bozeman City

49

68

68 38

Greater Bozeman

29

40

Belgrade 2018

56

50

Manhattan 2019

Big Sky

43

29

Livingston City

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2018-2020

3,000

2,500 2,117

2,000 1,000 0

1,550

443 510 545

571 566 650

Bozeman City

Greater Bozeman

322 345 392

Belgrade 2018

392 400

575

Manhattan 2019

272 298 344

Big Sky

Livingston City

Big Sky

Livingston City

2020

SINGLE FAMILY # LISTINGS SOLD Q3 YEAR/YEAR 2018-2020 300 200 100 0

Bozeman City

Greater Bozeman

Belgrade

2020

Manhattan

2019

2018


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2018-2020 200 193 144 124

100

90

116

106

101

63 32

0

43 6.8

Bozeman City

Greater Bozeman

Belgrade 2018

7

17

30

Manhattan 2019

40 13

Big Sky

13

19

Livingston City

2020

CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2018-2020 150 110

100 50 0

73 46

54 31

16

Bozeman City

37

32

Greater Bozeman 2018

400

101 82

28

37

Belgrade 2019

Big Sky

2020

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2018-2020 304

312

335

200 110

0

16

Bozeman City

32

54

37

Greater Bozeman 2018

28

Belgrade 2019

2020

37

82

Big Sky

101


CONDO/TOWNHOME # LISTINGS SOLD Q3 YEAR/YEAR 2018-2020 300 200 100 0

Bozeman City

Greater Bozeman 2020

Belgrade 2019

Big Sky

2018

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2018-2020 100 81 71

75 50

45

43 31

25 7.4

0

Bozeman City

9.6

12

Greater Bozeman 2018

10

9.3

11

Belgrade 2019

28

Big Sky

2020

LAND AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2018-2020 400 366 250

200

254

223

240

199

166 114

86

0

333

Bozeman City

Greater Bozeman 2018

71

Belgrade 2019

2020

103

Big Sky


LAND MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2018-2020 600 387

400 200

217 133

0

227

310

272

133

128

Bozeman City

113

106

Greater Bozeman 2018

425

130

Belgrade 2019

Big Sky

2020

LAND # LISTINGS SOLD Q3 YEAR/YEAR 2018-2020 150 100 50 0

Bozeman City

Greater Bozeman 2020

Belgrade 2019

Big Sky

2018

LAND TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2018-2020 60 41

40 19

20 5.1

0

2.9

25 14

6.2

Bozeman City

4.4

3.3

Greater Bozeman 2018

Belgrade 2019

2020

3.4

6.8

12

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


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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