2021 Q3 Luxury Real Estate Market Update

Page 1

REALESTATEMARKETUPDATE& METRICS HIGH END & L UXURY MARKET

®


Key Metrics SW Montana Real Estate Q3 2021 $650-999 HIGH END SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2019-2021 100 70

67

50

38 18

0

34 16

10

17 0

Bozeman City

Greater Bozeman 2019

2020

Big Sky

2021

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2019-2021

1,000

700

750

800

780

805

750

935

845

500

0

0

Bozeman City

Greater Bozeman 2019

2020

Big Sky

2021

SINGLE FAMILY # LISTINGS SOLD Q3 YEAR/YEAR 2019-2021 100 50 0

Bozeman City

Greater Bozeman 2021

2020

2019

Big Sky


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2019-2021 60 58 43

41

40

43

32

20

22

2.7

0

Bozeman City

Greater Bozeman 2019

2020

2021

4.2

Big Sky

0


Key Metrics SW Montana Real Estate Q3 2021 $1M+ LUXURY SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2019-2021 200 152

148

157

96

100

64

57 20

0

31

14

Bozeman City

Greater Bozeman 2019

2020

Big Sky

2021

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2019-2021

4,000

3,400 2,738

2,000 1,148

0

1,192

1,206

1,195

Bozeman City

1,575

1,400

Greater Bozeman 2019

2020

Big Sky

2021

SINGLE FAMILY # LISTINGS SOLD Q3 YEAR/YEAR 2019-2021 100 50 0

Bozeman City

Greater Bozeman 2021

2020

2019

Big Sky

2,874


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2019-2021 125

111

105

100

88

75 51

50

36

37

31

25 6.2

0

7.3

Bozeman City

Greater Bozeman 2019

2020

2021

Big Sky


Key Metrics SW Montana Real Estate Q3 2021 $650-999 HIGH END CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2019-2021 200 131

100

69 39

0

45

42

29

Bozeman City

Big Sky 2019

2020

2021

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2019-2021

1,000

745

730

772

771

836

500

0

Bozeman City

Big Sky 2019

2020

2021

CONDO/TOWNHOME # LISTINGS SOLD Q3 YEAR/YEAR 2019-2021 40 20 0

Bozeman City

Big Sky 2021

2020

2019

884


CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2019-2021 20

20

17

15 9.7

10

5 2.2

0

10

2.9

Bozeman City

Big Sky 2019

2020

2021


Key Metrics SW Montana Real Estate Q3 2021 $1M+ LUXURY CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q3 YEAR/YEAR 2019-2021 400 304 198

200 63

49

0

0

182

Bozeman City

Big Sky 2019

2020

2021

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q3 YEAR/YEAR 2019-2021

3,000 2,000 1,000 0

1,825 1,200

2,000

1,199

0

Bozeman City

Big Sky 2019

2020

2021

CONDO/TOWNHOME # LISTINGS SOLD Q3 YEAR/YEAR 2019-2021 50 25 0

Bozeman City

Big Sky 2021

2020

2019

2,250


CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q3 YEAR/YEAR 2019-2021 100 88

75

47

50

22

25

12

0

1.2

0

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

MOLLY OGLE

BROKER OWNER REAL T OR®

GRI REAL T OR®

TAMMY J ESKE

CARLA T HORNI NG

REAL T OR®

REAL T OR®

CANDICE W ILSON

OLIVIA CANNIZZO

ASSI ST ANT REAL T OR®

ASSI ST ANT REAL T OR®

ERIC KNOFF

ASSI ST ANT REAL T OR®

SERVING BOZEMAN,BIG SKY, BELGRADE,L I VI NGST ON, PARADISEVALLEY & GREATER GALLATIN AREA OFMONTANA

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

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