2023 Q1 Luxury Real Estate Market Update

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SW Montana Real Estate Q1 2023

$1-1.5M HIGH END SINGLE FAMILY

SINGLE FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2021-2023 SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2021-2023 30 97 38 40 48 95 42 53 0 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 50 100 1,100 1,179 1,270 1,250 1,225 1,250 1,150 1,158 0 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 500 1,000 1,500 2023 2022 2021 Bozeman CityGreater BozemanBig Sky 0 10 20 SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2021-2023
Key Metrics

SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions)

Q1 YEAR/YEAR 2021-2023

10 11 1.2 18 20 1.2 12 10 0 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 5 10 15 20
SINGLE FAMILY AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2021-2023 SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2021-2023 33 62 125 30 45 115 34 94 125 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 50 100 150 1,599 2,040 4,475 1,600 2,150 3,900 1,689 1,929 3,625 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 2,500 5,000 2023 2022 2021 Bozeman CityGreater BozemanBig Sky 0 20 40 SINGLE FAMILY # LISTINGS SOLD Q1 YEAR/YEAR 2021-2023
$1.5M+ LUXURY SINGLE FAMILY
SW Montana Real Estate Q1 2023 Key Metrics

SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions)

10 39 36 7.4 87 43 6.9 40 17 2021 2022 2023 Bozeman CityGreater BozemanBig Sky 0 100 25 50 75
Q1 YEAR/YEAR 2021-2023
CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2021-2023 CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2021-2023 123 140 113 315 27 146 2021 2022 2023 Bozeman CityBig Sky 0 200 400 1,125 1,200 1,299 1,208 1,462 1,250 2021 2022 2023 Bozeman CityBig Sky 0 1,000 2,000 2023 2022 2021 Bozeman CityBig Sky 0 10 20 CONDO/TOWNHOME # LISTINGS SOLD Q1 YEAR/YEAR 2021-2023
CONDOS/TOWNHOMES
SW Montana Real Estate Q1 2023 Key Metrics $1-1.5M HIGH END

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions)

Q1 YEAR/YEAR 2021-2023

3.6 9.8 4 15 2.9 4.9
2021 2022 2023
0 5 10 15
Bozeman CityBig Sky

SW Montana Real Estate Q1 2023 Key Metrics

$1.5M+ LUXURY CONDOS/TOWNHOMES

CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q1 YEAR/YEAR 2021-2023 CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q1 YEAR/YEAR 2021-2023 0 107 0 32 0 150 2021 2022 2023 Bozeman CityBig Sky 0 100 200 0 1,975 0 2,850 0 5,300 2021 2022 2023 Bozeman CityBig Sky 0 2,500 5,000 7,500 2023 2022 2021 Bozeman CityBig Sky 0 10 20 CONDO/TOWNHOME # LISTINGS SOLD Q1 YEAR/YEAR 2021-2023

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions)

Q1 YEAR/YEAR 2021-2023

0 34 0 55 0 30
0 20 40 60
2021 2022 2023 Bozeman CityBig Sky
Allinformationcontainedhereinisderivedfrom sourcesdeemedreliable However,itisnotguaranteedbyKnoffGroupRealEstate,ManagingBroker, AgentsorSellers Offeringissubjecttoerror,omissions,priorsales,pricechangeorwithdrawalwithoutnoticeandapprovalofpurchasebySellerWe urgeindependentverificationofeachandeveryitem submitted,tothesatisfactionofanyprospectivepurchaser DatasourceBigSkyCountryMLS

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