2020 Luxury Real Estate Market Update & Metrics

Page 1

REALESTATEMARKETUPDATE& METRICS HIGH END & L UXURY MARKET

®


Key Metrics SW Montana Real Estate Y-Y-Y 2020 $650-999 HIGH END SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET YEAR/YEAR 2018-2020 200 179

123

100

85

80

83

83

40

0

77 50

Bozeman City

Greater Bozeman 2018

2019

Big Sky

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) YEAR/YEAR 2018-2020

1,000

745

719

749

750

794

790

740

947

500

0

Bozeman City

Greater Bozeman 2018

2019

Big Sky

2020

SINGLE FAMILY # LISTINGS SOLD YEAR/YEAR 2018-2020 200 100 0

Bozeman City

Greater Bozeman 2020

2019

2018

Big Sky

935


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) YEAR/YEAR 2018-2020 150 122

118

100

85 74 62

50

35 14

0

Bozeman City

Greater Bozeman 2018

2019

2020

8.7

Big Sky

11


Key Metrics SW Montana Real Estate Y-Y-Y 2020 $1M+ LUXURY SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET YEAR/YEAR 2018-2020 400 258 206

195

200

121

169

156

66

62

0

153

Bozeman City

Greater Bozeman 2018

2019

Big Sky

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) YEAR/YEAR 2018-2020

3,000

2,050

2,000 1,000 0

1,130

1,170

1,397

1,380

Bozeman City

1,250

1,539

Greater Bozeman 2018

2019

2,400

Big Sky

2020

SINGLE FAMILY # LISTINGS SOLD YEAR/YEAR 2018-2020 200 100 0

Bozeman City

Greater Bozeman 2020

2019

2018

Big Sky

2,655


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) YEAR/YEAR 2018-2020 400 305

300 228

200

100

0

81 17

16

118

103

139

34

Bozeman City

Greater Bozeman 2018

2019

2020

Big Sky


Key Metrics SW Montana Real Estate Y-Y-Y 2020 $650-999 HIGH END CONDOS/TOWNHOMES SINGLE FAMILY AVERAGE DAYS ON MARKET YEAR/YEAR 2018-2020 400 272

200

165 40

0

32

38

0

Bozeman City

89 0

Greater Bozeman 2018

2019

114

Big Sky

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) YEAR/YEAR 2018-2020

1,000

670

742

754

799

740

800

500

0

0

Bozeman City

0

Greater Bozeman 2018

2019

Big Sky

2020

SINGLE FAMILY # LISTINGS SOLD YEAR/YEAR 2018-2020 50 25 0

Bozeman City

Greater Bozeman 2020

2019

2018

Big Sky

825


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) YEAR/YEAR 2018-2020 40 33

35

30

20

10

0

10

7.3

6.7 0

Bozeman City

1.4

0

Greater Bozeman 2018

2019

2020

Big Sky

34


Key Metrics SW Montana Real Estate Y-Y-Y 2020 $1M+ LUXURY CONDOS/TOWNHOMES SINGLE FAMILY AVERAGE DAYS ON MARKET YEAR/YEAR 2018-2020 300 189

200

144

133

100

223 178

68

0

Bozeman City

Big Sky 2018

2019

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) YEAR/YEAR 2018-2020

2,000

1,520 1,230

1,000

0

1,131

1,825

1,135

Bozeman City

Big Sky 2018

2019

2020

SINGLE FAMILY # LISTINGS SOLD YEAR/YEAR 2018-2020 100 50 0

Bozeman City

Big Sky 2020

2019

2018

1,912


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) YEAR/YEAR 2018-2020 200 194

150

100 50

50

0

8.3

2.2

59

9.1

Bozeman City

Big Sky 2018

2019

2020


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

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