2021 Q4 Luxury Real Estate Market Update

Page 1

REALESTATEMARKETUPDATE& METRICS HIGH END & L UXURY MARKET

L OREM ®


Key Metrics SW Montana Real Estate Q4 2021 $650-999 HIGH END SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2019-2021 400 267

200 24

0

30

93

54

Bozeman City

28

79

Greater Bozeman 2019

2020

41

0

Big Sky

2021

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2019-2021

1,000

757

735

795

770

789

785

827

817

500

0

0

Bozeman City

Greater Bozeman 2019

2020

Big Sky

2021

SINGLE FAMILY # LISTINGS SOLD Q4 YEAR/YEAR 2019-2021 100 50 0

Bozeman City

Greater Bozeman 2021

2020

2019

Big Sky


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2019-2021 60 47 39

40

20

0

46 35

16

14

1.6

Bozeman City

Greater Bozeman 2019

2020

2021

1.6

Big Sky

0


Key Metrics SW Montana Real Estate Q4 2021 $1M+ LUXURY SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2019-2021 300 226

200 106

101

100

59

0

158

136

33

49

30

Bozeman City

Greater Bozeman 2019

2020

Big Sky

2021

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2019-2021

5,000

4,400

2,500 1,102

0

1,460

1,262

1,347

Bozeman City

1,940

1,727

Greater Bozeman 2019

2020

2,400

2,450

Big Sky

2021

SINGLE FAMILY # LISTINGS SOLD Q4 YEAR/YEAR 2019-2021 75 50 25 0

Bozeman City

Greater Bozeman 2021

2020

2019

Big Sky


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2019-2021 150 128 116

100

83 72

50 28

27

19

16

0

2.2

Bozeman City

Greater Bozeman 2019

2020

2021

Big Sky


Key Metrics SW Montana Real Estate Q4 2021 $650-999 HIGH END CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2019-2021 150 107

100

88

50

36

0

44

46

34

Bozeman City

Big Sky 2019

2020

2021

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2019-2021

1,000

738

851

785

750

795

500

0

Bozeman City

Big Sky 2019

2020

2021

CONDO/TOWNHOME # LISTINGS SOLD Q4 YEAR/YEAR 2019-2021 40 20 0

Bozeman City

Big Sky 2021

2020

2019

929


CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2019-2021 20 19

15

13 11

10

5

0

5.5 2.8

1.7

Bozeman City

Big Sky 2019

2020

2021


Key Metrics SW Montana Real Estate Q4 2021 $1M+ LUXURY CONDOS/TOWNHOMES CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2019-2021 300 215

200

158

100

139

131 43

0

0

Bozeman City

Big Sky 2019

2020

2021

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2019-2021

2,000

1,875

1,500 1,138

1,000

0

1,912

0

Bozeman City

Big Sky 2019

2020

2021

CONDO/TOWNHOME # LISTINGS SOLD Q4 YEAR/YEAR 2019-2021 50 25 0

Bozeman City

Big Sky 2021

2020

2019

1,471


CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2019-2021 100 95

75

50

25

21 8.1

0

13

0

Bozeman City

Big Sky 2019

2020

2021

84


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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