2023 Q1 Real Estate Market Update & Metrics

Page 1

2023
FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2021-2023
FAMILY MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2021-2023 16 44 18 41 118 25 20 37 22 51 113 32 56 70 51 33 125 99 2021 2022 2023 Bozeman CityGreater BozemanBelgradeManhattanBig SkyLivingston City 0 50 100 150 635 700 420 610 3,000 353 755 1,175 624 825 3,947 515 760 936 562 697 3,625 455 2021 2022 2023 Bozeman CityGreater BozemanBelgradeManhattanBig SkyLivingston City 0 2,000 4,000 2023 2022 2021 Bozeman CityGreater Bozeman BelgradeManhattanBig SkyLivingston City 0 50 100 SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2021-2023
Key Metrics SW Montana Real Estate Q1
SINGLE
SINGLE

SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions)

62 87 28 7.3 38 9.7 68 128 51 16 44 10 51 85 30 1.3 17 7.6 2021 2022 2023 Bozeman CityGreater BozemanBelgradeManhattanBig SkyLivingston City 0 50 100 150
Q1 YEAR/YEAR
400 427 275 565 223 553 505 430 1,087 328 489 460 474 1,200 275 2021 2022 2023 Bozeman CityGreater BozemanBelgradeBig SkyLivingston 0 500 1,000 1,500 15 65 11 187 44 20 38 10 134 27 56 84 52 147 14 2021 2022 2023 Bozeman CityGreater BozemanBelgradeBig SkyLivingston 0 100 200 CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2021-2023
MEDIAN SALES PRICE
1000s) Q1 YEAR/YEAR 2021-2023
2021-2023
CONDO/TOWNHOME
(IN
41 5 7.6 58 3.1 51 6 7.8 85 11 30 3.2 11 40 0.5 2021 2022 2023 Bozeman CityGreater BozemanBelgradeBig SkyLivingston 0 25 50 75 100 2023 2022 2021 Bozeman CityGreater BozemanBelgradeBig SkyLivingston 0 50 100 CONDO/TOWNHOME # LISTINGS SOLD Q1 YEAR/YEAR 2021-2023 CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q1 YEAR/YEAR 2021-2023 7 246 76 238 102 95 38 75 123 104 6 18 2021 2022 2023 Bozeman CityGreater BozemanBelgradeBig Sky 0 100 200 300 LAND AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2021-2023

LAND MEDIAN SALES PRICE (IN 1000s)

LAND TOTAL DOLLAR VOLUME SOLD (in Millions)

227 395 401 667 337 537 292 1,425 293 615 469 4,850 2021 2022 2023 Bozeman CityGreater BozemanBelgradeBig Sky 0 2,500 5,000 2.1 48 16 52 5.9 25 2.1 34 10 16 0.5 21 2021 2022 2023 Bozeman CityGreater BozemanBelgradeBig Sky 0 25 50 75 2023 2022 2021 Bozeman CityGreater BozemanBelgradeBig Sky 0 50 100 LAND # LISTINGS SOLD Q1 YEAR/YEAR 2021-2023
Q1 YEAR/YEAR 2021-2023
Q1 YEAR/YEAR 2021-2023

BOZEMAN, ALL RESIDENTIAL, UNITS SOLD BY PRICE

GREATER BOZEMAN, ALL RESIDENTIAL, UNITS SOLD BY PRICE

< 450k 451-650k 651-800k 801-1M 1M+
< 450k 451-650k 651-800k 801-1M 1M+

BELGRADE, ALL RESIDENTIAL, UNITS SOLD BY PRICE

BIG SKY, ALL RESIDENTIAL, UNITS SOLD BY PRICE

< 450k 451-650k 651-800k 801-1M 1M+
< 450k 451-650k 651-800k 801-1M 1M+
Allinformationcontainedhereinisderivedfrom sourcesdeemedreliable However,itisnotguaranteedbyKnoffGroupRealEstate,ManagingBroker, AgentsorSellers Offeringissubjecttoerror,omissions,priorsales,pricechangeorwithdrawalwithoutnoticeandapprovalofpurchasebySellerWe urgeindependentverificationofeachandeveryitem submitted,tothesatisfactionofanyprospectivepurchaser DatasourceBigSkyCountryMLS

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