News from the Knoff Group

Yellowstone Airport to Expand…Again

As Bozeman’s population and popularity expand, the need grows for transportation infrastructure. Yellowstone International Airport has done a great job anticipating this growth as they keep their eyes to the future. BZN eyeing new gates, destinations, and Southwest Airlines in the future Carson Vickroy KBZK 7:33 pm January 24, 2019 Bozeman Yellowstone International Airport handles …

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Real Estate Market Update and Metrics 2016-2018

Market Update: Q4 and Year Over Year Statistics and Commentary

Please enjoy our quarterly Southwest Montana real estate market analysis and breakdown of statistics for both Quarter 4 2018 and full year 2018 as compared with the previous two years. One more really neat statistic – Knoff Group Real Estate’s broker, Marcie Hahn-Knoff, ranked in the top 25 real estate agents in the ENTIRE Big …

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Market update: Q3 2018 statistics and commentary

Overall trends – Quarter 3 2018 as compared to previous year. Single Family Higher median sales price – increases between 9-20+% Fewer properties selling for more money Days on market are up as prices climb City of Bozeman $442K!, Outside city limits $575K, Belgrade $322K, Manhattan $392K, Big Sky $1.5M Livingston $275K. Sales volume is …

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Several Bozeman schools to change attendance boundaries

Due to Bozeman’s explosive growth, school boundaries are always subject to change. There will be even more changes as Bozeman’s second high school is built. See halfway down this article for links to proposed map changes. Several Bozeman schools to change attendance boundaries By Gail Schontzler Bozeman Daily Chronicle Feb 20, 2018 The Bozeman School …

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Technology is tweaking the economics of mountain town living.

This is a fantastic article that explains why our area is slated for continued growth and at least in part why we are experiencing the accelerated sales pricing, competitive rental market and pressure on housing that we’ve been experiencing in the Bozeman, Big Sky and greater Bozeman area. An Economic Crossroads – Technology has broken …

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Ready to go from renter to homeowner?

The age old question – rent vs buy. In our area, rents are skyrocketing – and many people can purchase and pay less than renting a similiar property – by a lot. Renting vs. buying a home: Which is best for you? By Dawn Papandrea Posted: 11/18/16 Updated: 01/13/17 Sara Woznicki, a 25-year-old Richmond, Va., …

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Six takeaways from Prospera’s annual economic report

Our area of Montana is growing at record pace. Population, cost of living and our economy are expanding as a result. Prospera has just released their annual economic report for Gallatin and Park Counties. And the data indicates that this trend will continue. The report can be viewed in its entirety at prosperaprofile.org. Six takeaways …

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