News from the Knoff Group

2023 Year Over Year Real Estate Market Analysis & Statistics

2023 posted the least amount of volume and number of units sold in the past three years – however there was perhaps less of a marked shift in the market when comparing year over year than comparing by quarter. Higher than recent historic interest rates in combination with sellers not wanting to part with their …

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Q4 2023 Y/Y Real Estate Market Analysis & Statistics

Quarter 4 2023 found the SW Montana real estate market in a continued ‘leveling’ trend. The market felt as though it were stagnating at times – however, inventory remains scarce and while buyers are moving slower to offer – there has been a recent uptick in multiple offer situations. Competition still exists for quality, well …

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Knoff Group Presents: The Best Holiday Activities in the Bozeman Area

The 2023 holiday season is fast-approaching! If you’re curious on festive events in the Big Sky, Bozeman, Belgrade, and Livingston areas, then you’ve found the right place! Knoff Group Real Estate has compiled a list below of some of the best holiday activities in the area this winter season.   In Bozeman Don’t miss this …

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cover for q3 2023 statistics

Q3 2023 Y/Y Real Estate Market Analysis & Statistics

Quarter 3 2023 was quite interesting from a numbers vs general market feel perspective – the market has felt like it has been moving at a slower pace but sales were steady – slightly below the volume of 2022 but not by much. Interest rates are having an impact on volume – especially in the …

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Q2 2023 Y/Y Real Estate Market Analysis & Statistics

Single Family The slowdown in median sales price appreciation in Southwest Montana for Single Family homes that we have observed since late 2022 spring and that continued throughout the remainder of 2022 and start of 2023 continues to dominate the data. However, there are some very interesting data points worth highlighting. The number of homes …

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Commission advances modified floodplain regulations | BDC

The County Commission has advanced regulations on floodplain regulations including asking developers to consider channel migration zones when developing in the floodplain. Commission advances modified floodplain regulations by Alex Miller Chronicle Staff Writer Mar 21, 2023 Updates to the Gallatin County floodplain regulations are underway after being delayed to include more regulation on development.The Gallatin …

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Q1 2023 Y/Y Real Estate Market Analysis & Statistics

The slow down in median sales price appreciation and the decrease of sold units that we began to feel late last spring (and that continued throughout the remainder of 2022 and 2023), has finally started to show up in our data. Quarter 1 2022 was the last quarter that we experienced the intense market pressure …

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