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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This is twofold – a creation of a park district for Belgrade and surrounding area and proposal of one of there community centers in our area – this one in Belgrade. Belgrade, county voters to decide on park district, aquatic center by Alex Miller Chronicle Staff Writer Apr 26, 2023 Voters in Belgrade and portions …
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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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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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If you’ve spent any time commuting around the valley lately, you’ve probably noticed new developments popping up all over. Many of the larger buildings are multi-family rentals. To help you navigate what is happening in our area, Knoff Group Real Estate has created a guide with a breakdown on upcoming and recently completed rental developments …
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There was decent – i.e. more NORMAL (i.e. pre 2020 level) – price appreciation for 2022 year over year in most locations and for product that we track in southwestern Montana. An exception to this were areas and products that tend to harbor more entry level pricing. Our analytics point out that the core appreciation experienced …
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It seems that every news outlet is currently reporting on the fact that interest rates for home loans have gone up. And with a rise in interest rates the real estate market has slowed. But exactly how has it slowed Q4 2022 vs Q4 2021? According to our analytics, the huge median sales price appreciation experienced during the pandemic (2020-2021) years has not fallen. However, …
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To view in depth graphs please visit the Market Statistics Page. It seems that every news outlet is currently reporting on the fact that interest rates for home loanshave gone up. And with a rise in interest rates the real estate market has slowed. But exactly how has it slowed? Let’s dive in a bit …
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Single Family By the numbers, Q2 2022 continues to look very strong in median sales price appreciation and lower days on market. However, there has been a significant jump in available inventory since January 2022. This jump is likely partially fueled by sellers not wanting to miss out on the market and buyer hesitation fueled …
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Single Family Year over year Q1 2022 single family home median sales prices continued to leap from Q1 2021 in all areas of the market. City of Bozeman median sales price accelerated by the smallest margin at 19%. Big Sky jumped 32%. Belgrade jumped 49%. Greater Bozeman area jumped 68% and Livingston jumped $46% for …
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