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 …
Read this post »
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 …
Read this post »
For a graphical chart version of this information, please visit our Market Stats page. Single Family Single family home sales were robust during Quarter 1 2021. In comparing this quarter to 2020, it is important to note that Q1 2020 was not yet considered ‘pandemic’ affected. 2020 had started off as one of the strongest …
Read this post »
For a graphical chart version of this information, please visit our Market Stats page. Q4 2020 Y/Y/Y Analysis Single Family Single family home sales accelerated throughout our area in 2020 – fueled by the Covid-19 pandemic and people moving from more populated areas and areas affected by fire and civil unrest. The theme for the …
Read this post »
Single family Single family home sales were very strong in Q3 2020 as buyers competed for limited inventory – however, there are some finer nuances in our market that are very interesting. Across the board number of units sold is up over 2019. Number of units sold has skyrocketed year over year with record breaking …
Read this post »
View illustrated charts and graphs at https://knoffgroup.com/market-stats/ Single Family Homes Single family home sales have seen marked price appreciation between Q2 2019 to Q2 2020. The majority of this appreciation was in the pre-COVID-19 period, with a robust 2019 and early 2020 push and then a drop to end of 2019 values. However, this appreciation …
Read this post »
Prior to mid-March 2020, the southwestern Montana real estate market was cruising. Year over year quarter 1 median sales prices were up, listings sold for the most part were up, days on market for the most part were down. We’re tracking the market now on a weekly basis – once we have some stats to …
Read this post »
Single family homes Quarter 3 2019 some big moves in median sales price year over year – City of Bozeman posted an all-time high of $512K – this is the first time this price has moved above $500K. Belgrade also posted an all-time high of $345K. Livingston is almost cresting $300K for the first time. …
Read this post »
Marcie’s Market Minute Overall Market Summary As we look at Quarter 2 2019 against figures from Q2 2018, we can see that he market continues to climb in most sectors – with continued median sales price hikes in single family and condo/townhome product. Land sales remain consistent as new construction starts remain strong. The single …
Read this post »
Please enjoy our quarterly Southwest Montana real estate market analysis and breakdown of statistics for Quarter 1 2019 as compared with the previous two years. Single Family Homes Single family homes are seeing continued median sales price appreciation across most areas of the market with the exception of Big Sky which had a drop as …
Read this post »
406.924.9559
