2021 Q1 Real Estate Market Update & Metrics

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REALESTATEMARKETUPDATE& METRICS

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Key Metrics SW Montana Real Estate Q1 2021 SINGLE FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2019-2021 200 163

157

91

100 63

98

102

90

121

96

44

Bozeman City

118

69 41

Greater Bozeman

Belgrade 2019

Manhattan 2020

82 25

18

16

0

154

Big Sky

Livingston City

2021

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2019-2021

3,000

3,000 2,250

2,000

1,650

1,000 438 465

0

635

Bozeman City

700 546 587

323 335 420

Greater Bozeman

Belgrade 2019

431 450

610

Manhattan 2020

237 290 353

Big Sky

Livingston City

Big Sky

Livingston City

2021

SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2019-2021 200 100 0

Bozeman City

Greater Bozeman

Belgrade

2021

Manhattan

2020

2019


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2019-2021 100

87

75 60

50

62

57

56

53

46

38 23

25

28

29

28 6.3 6.5

0

Bozeman City

Greater Bozeman

Belgrade 2019

7.3

3.7

Manhattan 2020

Big Sky

7.9

9.7

Livingston City

2021

CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2019-2021 200 160

100 54

15

0

Bozeman City

23

187

55

41

11

Greater Bozeman 2019

750

69

65

64

178

Belgrade 2020

Big Sky

2021

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2019-2021 565

500 335

324

400

427 332

386

339

0

Bozeman City

Greater Bozeman 2019

280

274

250

Belgrade 2020

2021

397

275

Big Sky


CONDO/TOWNHOME # LISTINGS SOLD Q1 YEAR/YEAR 2019-2021 100

50

0

Bozeman City

Greater Bozeman 2021

Belgrade 2020

Big Sky

2019

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2019-2021 75 58

50

41 34

32 25

25

16 2.2

0

Bozeman City

3

6.1

5

Greater Bozeman 2019

8.3

7.6

Belgrade 2020

Big Sky

2021

LAND AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2019-2021 400 240

200

208

173

140

94

78

0

291

246 141 76

7

Bozeman City

Greater Bozeman 2019

Belgrade 2020

2021

Big Sky

238


LAND MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2019-2021 750 500 250

401

395 227 125

0

135

Bozeman City

189

215

185

Greater Bozeman 2019

450

667

140

Belgrade 2020

520

Big Sky

2021

LAND # LISTINGS SOLD Q1 YEAR/YEAR 2019-2021 100

50

0

Bozeman City

Greater Bozeman 2021

Belgrade 2020

Big Sky

2019

LAND TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2019-2021 75

25 0

52

48

50

3.1

6.9

12

17

16 4.1

2.1

Bozeman City

6.1

Greater Bozeman 2019

Belgrade 2020

2021

13

10

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 BROKER OWNER REAL T OR®

MOLLY OGLE

GRI REAL T OR®

TAMMY J ESKE

REAL T OR®

CANDICE W ILSON

ASSI ST ANT REAL T OR®

CARLA T HORNI NG REAL T OR®

OLIVIA CANNIZZO

ASSI ST ANT REAL T OR®

SERVING BOZEMAN,BIG SKY,BELGRADE,L I VI NGST ON,P ARADI SEVAL L EY & GREATER GAL L ATI N AREA OFMONT ANA

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

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