News from the Knoff Group

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Q1 2024 Y/Y Real Estate Market Analysis & Statistics

The real estate market in SW Montana remains resilient even amidst the headwinds of higher interest rates and continued low inventory. Buyers continue to actively pursue properties – with increased days on market and price negotiations have become more common.  The market has balanced these forces and median sales price remains relatively stable. There are …

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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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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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Knoff Group Presents: The Best Local Guide Books

Whether you’re into hiking, fishing, scenic drives, or want to know more about southwestern Montana, local guidebooks are a great resource! Knoff Group Real Estate has compiled a list of the best guidebooks for all your area explorations. If you’re seeking a guidebook to help you explore the beautiful wilderness in the area, you should …

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