2020 Q4 Luxury Real Estate Market Update

Page 1

REALESTATEMARKETUPDATE& METRICS HIGH END & L UXURY MARKET

®


Key Metrics SW Montana Real Estate Q4 2020 $650-999 HIGH END SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2018-2020 400 266

267

200 76

54

24

0

Bozeman City

93

112

Greater Bozeman 2018

2019

79

41

Big Sky

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2018-2020

1,000

710

757

735

737

795

785

740

827

500

0

Bozeman City

Greater Bozeman 2018

2019

Big Sky

2020

SINGLE FAMILY # LISTINGS SOLD Q4 YEAR/YEAR 2018-2020 75 50 25 0

Bozeman City

Greater Bozeman 2020

2019

2018

Big Sky

817


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2018-2020 40

39

35

30 24

20

16

14

10

9.6 3.7

0

Bozeman City

Greater Bozeman 2018

2019

2020

1.6

Big Sky

1.6


Key Metrics SW Montana Real Estate Q4 2020 $1M+ LUXURY SINGLE FAMILY SINGLE FAMILY AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2018-2020 300 226

200 101

100

60

0

117

136

106

167

158

59

Bozeman City

Greater Bozeman 2018

2019

Big Sky

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2018-2020

3,000

2,125

2,000 1,385

1,000 0

1,102

1,460

1,400

Bozeman City

1,727 1,347

Greater Bozeman 2018

2,400

2019

Big Sky

2020

SINGLE FAMILY # LISTINGS SOLD Q4 YEAR/YEAR 2018-2020 50 25 0

Bozeman City

Greater Bozeman 2020

2019

2018

Big Sky

2,450


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2018-2020 150 128

100

83

50 16

0

4

18

33

27

19

2.2

Bozeman City

Greater Bozeman 2018

2019

2020

Big Sky


Key Metrics SW Montana Real Estate Q4 2020 $650-999 HIGH END CONDOS/TOWNHOMES SINGLE FAMILY AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2018-2020 400 266

267

200 76

54

24

0

Bozeman City

93

112

Greater Bozeman 2018

2019

79

41

Big Sky

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2018-2020

1,000

710

757

735

737

795

785

740

827

500

0

Bozeman City

Greater Bozeman 2018

2019

Big Sky

2020

SINGLE FAMILY # LISTINGS SOLD Q4 YEAR/YEAR 2018-2020 75 50 25 0

Bozeman City

Greater Bozeman 2020

2019

2018

Big Sky

817


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2018-2020 40

39

35

30 24

20

16

14

10

9.6 3.7

0

Bozeman City

Greater Bozeman 2018

2019

2020

1.6

Big Sky

1.6


Key Metrics SW Montana Real Estate Q4 2020 $1M+ LUXURY CONDOS/TOWNHOMES SINGLE FAMILY AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2018-2020 300 200

215

189

158

131

100 37

0

0

Bozeman City

Big Sky 2018

2019

2020

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2018-2020

2,000

1,476

1,000

0

1,875

1,138

1,100

0

Bozeman City

Big Sky 2018

2019

2020

SINGLE FAMILY # LISTINGS SOLD Q4 YEAR/YEAR 2018-2020 50 25 0

Bozeman City

Big Sky 2020

2019

2018

1,912


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2018-2020 100 95

75

50

25

15

8.1

0

1.1

21

0

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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