2021 Q1 Luxury Real Estate Market Update

Page 1

REALESTATEMARKETUPDATE& METRICS HIGH END & L UXURY MARKET

L ®


Key Metrics SW Montana Real Estate Q1 2021 $650-999 HIGH END SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2019-2021 300 228

200

144

100

94

81

74

100

49

10

0

0

Bozeman City

Greater Bozeman 2019

2020

Big Sky

2021

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

1,000

741

765

791

730

775

735

965

975

500

0

0

Bozeman City

Greater Bozeman 2019

2020

Big Sky

2021

SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2019-2021 40 20 0

Bozeman City

Greater Bozeman 2021

2020

2019

Big Sky


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2019-2021 20 17

20

17 15

15 12

10

9

5 2.6

0

2.9 0

Bozeman City

Greater Bozeman 2019

2020

2021

Big Sky


Key Metrics SW Montana Real Estate Q1 2021 $1M+ LUXURY SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2019-2021 400 277 196

200

180 39

0

178

164

78

31

Bozeman City

Greater Bozeman 2019

2020

118

Big Sky

2021

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

4,000

2,875

2,000

0

1,350

1,085

1,288

1,250

Bozeman City

1,672

1,683

Greater Bozeman 2019

2020

1,742

Big Sky

2021

SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2019-2021 40 20 0

Bozeman City

Greater Bozeman 2021

2020

2019

Big Sky

3,000


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2019-2021 60 51

48

40

38 27

26

3.8

0

21

20

20

3.2

Bozeman City

Greater Bozeman 2019

2020

2021

Big Sky


Key Metrics SW Montana Real Estate Q1 2021 $650-999 HIGH END CONDOS/TOWNHOMES SINGLE FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2019-2021 300 222

200 102

100

55 8

0

16

11

Bozeman City

Big Sky 2019

2020

2021

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

1,000

800

719

837 865

762

500

0

Bozeman City

Big Sky 2019

2020

2021

SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2019-2021 10 5 0

Bozeman City

Big Sky 2021

2020

2019

750


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2019-2021 10 8

7.5 5

5

3.9

3.3

2.5

0

1.4

1.5

Bozeman City

Big Sky 2019

2020

2021


Key Metrics SW Montana Real Estate Q1 2021 $1M+ LUXURY CONDOS/TOWNHOMES SINGLE FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2019-2021 400

333 267

200

119 58 0

0

47

Bozeman City

Big Sky 2019

2020

2021

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

3,000

2,375

2,000

1,720 1,082

1,000 0

1,125

1,100

0

Bozeman City

Big Sky 2019

2020

2021

SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2019-2021 40 20 0

Bozeman City

Big Sky 2021

2020

2019


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2019-2021 50 43

40 30

26

20 10 0

0

1

3.6

1.1

Bozeman City

Big Sky 2019

2020

2021


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

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.