News from the Knoff Group

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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Q4 2022 Y/Y Real Estate Market Analysis & Statistics

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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Q3 2022 Real Estate Market Analysis & Statistics

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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Q2 2022 Real Estate Market Analysis & Statistics

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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Q1 2022 Real Estate Market Analysis & Statistics

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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Market statistics

Q1 2021 Real Estate Market Analysis & Statistics

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 …

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COVID 19 SW Montana

COVID-19 and the SW Montana real estate market

During this unprecedented time in our world, we’d like to share some of our thoughts, opinions and a little Q&A on how we think the COVID-19 crisis has affected real estate in the SW Montana including Bozeman, Belgrade, Big Sky, Livingston, Manhattan and greater Gallatin, Madison and Park Counties. We will be updating this page …

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Market Update and Stats

Q1 2020 – Real Estate Market Analysis & Statistics

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 …

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Happy Holidays, the economy is booming

I think what Brad Inman has to say here is pretty on par with my sentiments about the economy in general – especially in the greater Bozeman and Big Sky markets of Montana. Watch out for your uncle’s drunken holiday antics, but the economy is booming A special seasonal edition of The Inman Files by …

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