2019 Real Estate Market Update & Metrics

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REALESTATEMARKETUPDATE& METRICS

®


 Key Metrics SW Montana Real Estate Y-Y-Y 2019 SINGLE FAMILY AVERAGE DAYS ON MARKET YEAR/YEAR 2017-2019 300 242

200

167

100

78

0

88

79

85

69 62

Bozeman City Greater Bozeman

37

50

42

Belgrade 2017

2,000

63 65

85

Manhattan 2018

63

44

142

55

Three Forks

50

Big Sky

54

76

Livingston City

2019

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) YEAR/YEAR 2017-2019 1,8001,800 1,372

1,000 381 427 460

0

552 457 515

Bozeman City Greater Bozeman

287 320 340

416 307 389

252 250 309

Belgrade

Manhattan

Three Forks

2017

2018

230 270 296

Big Sky

Livingston City

Big Sky

Livingston City

2019

SINGLE FAMILY # LISTINGS SOLD YEAR/YEAR 2017-2019 1,000 500 0

Bozeman City

Greater Bozeman

Belgrade

2019

Manhattan

2018

Three Forks

2017


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) YEAR/YEAR 2017-2019 400 291 304

300 241

259

275

295

200 120 117

100

152 98 22

0

Bozeman City Greater Bozeman

Belgrade

29

24

8.1 12

Manhattan

2017

2018

134

149

35

12

Three Forks

Big Sky

40

Livingston City

2019

CONDO/TOWNHOME AVERAGE DAYS ON MARKET YEAR/YEAR 2017-2019 200 161 134 97

100 59

0

57

43

Bozeman City

34

18

36

Greater Bozeman 2017

500

37

26

39

Belgrade 2018

Big Sky

2019

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) YEAR/YEAR 2017-2019 395

250

0

259

299

320

265

294

334 221

189

Bozeman City

Greater Bozeman 2017

Belgrade 2018

2019

41

450

269

Big Sky

487


CONDO/TOWNHOME # LISTINGS SOLD YEAR/YEAR 2017-2019 500

250

0

Bozeman City

Greater Bozeman 2019

Belgrade 2018

Big Sky

2017

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) YEAR/YEAR 2017-2019 200 150

140

152

150 129 106

100 50 19

0

137

Bozeman City

24

24

Greater Bozeman 2017

23

15

31

Belgrade 2018

Big Sky

2019

LAND AVERAGE DAYS ON MARKET YEAR/YEAR 2017-2019 400

200

0

337 210 134

174

Bozeman City

209

164

215

194

190

356

95

Greater Bozeman 2017

Belgrade 2018

2019

Big Sky

297


LAND MEDIAN SALES PRICE (IN 1000s) YEAR/YEAR 2017-2019 600 415

400

338

200 87

0

129

126

Bozeman City

145

199

252

214 145

85

Greater Bozeman 2017

113

Belgrade 2018

Big Sky

2019

LAND # LISTINGS SOLD YEAR/YEAR 2017-2019 300 200 100 0

Bozeman City

Greater Bozeman 2019

Belgrade 2018

Big Sky

2017

LAND TOTAL DOLLAR VOLUME SOLD (in Millions) YEAR/YEAR 2017-2019 75 48

50 25 0

23

20

52

60

53

43

14

Bozeman City

15

12

Greater Bozeman 2017

Belgrade 2018

2019

17

Big Sky

50


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


R

E

E M MARCI U

M

HAHNKNOFF

CANDICE W ILSON

BROKER|OWNER

ASSISTANT| REAL T OR速

MOLLY OGLE

CARLA T HORNI NG

REAL T OR速 |GRI

REAL T OR速

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

( 406)924M 9559 H K EMAIL:INFO@KNOFFB GROUP. COM |R WWW . KNOFFGROUP. COM C

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