2019 Q4 Real Estate Market Update & Metrics

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REALESTATEMARKETUPDATE& METRICS

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 Key Metrics SW Montana Real Estate Q4 2019 SINGLE FAMILY AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2017-2019 200 176 145

100

82

101 72

65 56 30

0

Bozeman City Greater Bozeman

48

67

46 23

Belgrade 2017

2,000

119

97

89

189

43

83 60 32

Manhattan 2018

Three Forks

31

Big Sky

Livingston City

2019

SINGLE FAMILY MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2017-2019 1,965 1,800 1,160

1,000 389 434 453

0

485 523 567

Bozeman City Greater Bozeman

290 325 367

Belgrade 2017

322 395

519

Manhattan 2018

262 273 296

245 280 287

Three Forks

Big Sky

Livingston City

Big Sky

Livingston City

2019

SINGLE FAMILY # LISTINGS SOLD Q4 YEAR/YEAR 2017-2019 200 100 0

Bozeman City

Greater Bozeman

Belgrade

2019

Manhattan

2018

Three Forks

2017


SINGLE FAMILY TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2017-2019 75 62

71

67

65

70

67

50

41 32

25

37

29

27

4.5

0

Bozeman City Greater Bozeman

Belgrade

9.1 2.1

1.7

Manhattan

2017

2018

3

21 8.4 10

3

Three Forks

Big Sky

Livingston City

2019

CONDO/TOWNHOME AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2017-2019 200

169

100 38

0

53

46 22

Bozeman City

61 37

20

12

Greater Bozeman 2017

750

Belgrade 2018

Big Sky

2019

CONDO/TOWNHOME MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2017-2019 537

500 250 0

171

69

54

228

290

330

Bozeman City

277

312

435

364 242

190

Greater Bozeman 2017

Belgrade 2018

2019

14

417

271

Big Sky


CONDO/TOWNHOME # LISTINGS SOLD Q4 YEAR/YEAR 2017-2019 200

100

0

Bozeman City

Greater Bozeman 2019

Belgrade 2018

Big Sky

2017

CONDO/TOWNHOME TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2017-2019 60

40

37

34

41

36

32 26

20 7.3

0

Bozeman City

5

7

Greater Bozeman 2017

5

4.4

9.6

Belgrade 2018

Big Sky

2019

LAND AVERAGE DAYS ON MARKET Q4 YEAR/YEAR 2017-2019 500 361

430

250

211 51

0

Bozeman City

186

341

202 76

66

Greater Bozeman 2017

320

44

Belgrade 2018

2019

Big Sky

325


LAND MEDIAN SALES PRICE (IN 1000s) Q4 YEAR/YEAR 2017-2019 600 416

400 200

412

345 216 118

0

136

130

Bozeman City

262 181

134

104

Greater Bozeman 2017

120

Belgrade 2018

Big Sky

2019

LAND # LISTINGS SOLD Q4 YEAR/YEAR 2017-2019 50

25

0

Bozeman City

Greater Bozeman 2019

Belgrade 2018

Big Sky

2017

LAND TOTAL DOLLAR VOLUME SOLD (in Millions) Q4 YEAR/YEAR 2017-2019 15 11

10 5 0

11

12

12

5.2 2.7

2.3

Bozeman City

3

1.5

Greater Bozeman 2017

Belgrade 2018

2019

11

4.5

Big Sky

13


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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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