News from the Knoff Group

A hub for adventurers | Explore Big Sky

Bozeman Yellowstone International Airport continues to grow to accommodate the influx of visitors and also the worldly nature of the people that call this place home. A hub for adventurers Explore Big Sky – by Mira Brody – March 22, 2024 Behind the scenes of the bustling first floor of the Bozeman Yellowstone International Airport—which …

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cover for market stats Q1 2024

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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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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