REALESTATEMARKETUPDATE& METRICS
Key Metrics SW Montana Real Estate Q4 2023 SINGLE FAMILY AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2021-2023 100
90
75
72 67 60
56
49
50
43
39
27
37
46
34
29
27
27
24
19
0 Bozeman City
Greater Bozeman
Belgrade
Manhattan
2021
2022
Big Sky
Livingston City
2023
SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2021-2023 6,000
4,400 3,900
4,000
2,530
2,000
694
804
737
899
997
1,200 575
553
587
775
735 477
445
489
509
0 Bozeman City
Greater Bozeman
Belgrade
2021
Manhattan
2022
Big Sky
Livingston City
Big Sky
Livingston City
2023
SINGLE FAMILY # LISTINGS SOLD Q4 YEAR/YEAR 2021-2023 200
100
0 Bozeman City
Greater
Belgrade
Manhattan
Bozeman
2023
2022
2021
SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2021-2023 200 171
150 117 107
105
100 67
72
67
64
50
50 28
24
18
17 8.8
16
9.6
12
8
0 Bozeman City
Greater Bozeman
Belgrade
2021
Manhattan
2022
Big Sky
Livingston City
2023
CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2021-2023 150
116 104
100
62
50
45
41
45
42
30 22
22
16
15
14
15
22
0 Bozeman City
Greater Bozeman
2021
Belgrade
2022
Big Sky
Livingston
2023
CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2021-2023 2,000 1,570
1,895
1,150
1,000 570 458
510
475
497 390
380
475
425
419 308
323
0 Bozeman City
Greater Bozeman
2021
Belgrade
2022
Big Sky
2023
Livingston
CONDO/TOWNHOME # LISTINGS SOLD Q4 YEAR/YEAR 2021-2023 200
100
0 Bozeman City
Greater Bozeman
Belgrade
2023
2022
Big Sky
Livingston
2021
CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2021-2023 150
102
100 80
75
50
51
47
41
10
13 4.6
2.9
7.6
7
4.2
0.839
2.8
0 Bozeman City
Greater Bozeman
Belgrade
2021
2022
Big Sky
Livingston
2023
LAND AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2021-2023 400
357
208
194
200
35
117
111
90
75
57 31
27
20
0 Bozeman City
Greater Bozeman
2021
Belgrade
2022
2023
Big Sky
LAND MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2021-2023 4,000
3,125
2,122
2,087
2,000
390
350
350
455
550
444
362 150
126
0 Bozeman City
Greater Bozeman
2021
Belgrade
2022
Big Sky
2023
LAND # LISTINGS SOLD Q4 YEAR/YEAR 2021-2023 100
50
0 Bozeman City
Greater Bozeman
2023
Belgrade
2022
Big Sky
2021
LAND TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2021-2023
100 80
50 32
16 3.8
5.5
6.9
10
6.4
3.7
4.5
8.3
0 Bozeman City
Greater Bozeman
2021
Belgrade
2022
2023
Big Sky
12
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®
CARLA T HORNI NG
KEVIN CHARTIER
REAL T OR®
REAL T OR®
CANDICE W ILSON
ERIC KNOFF
ASSI ST ANT REAL T OR®
KRISTIN W ILD
ASSI ST ANT REAL T OR®
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
Al li nf or mat i oncont ai nedher ei ni sder i vedf r om sour cesdeemedr el i abl e.However ,i ti snotguar ant eedbyKnof fGr oupRealEst at e,Managi ngBr oker , Agent sorSel l er s.Of f er i ngi ssubj ectt oer r or ,omi ssi ons,pr i orsal es,pr i cechangeorwi t hdr awalwi t houtnot i ceandappr ovalofpur chasebySel l er .We ur gei ndependentver i f i cat i onofeachandever yi t em submi t t ed,t ot hesat i sf act i onofanypr ospect i vepur chaser .Dat asour ceBi gSkyCount r yMLS.