News from the Knoff Group

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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Montana Free Press: Montana counties, governor spar over property tax

Both Gallatin and Park Counties have now challenged the state and set the mills at the 77.9 mills rate. Montana counties, governor spar over property tax that funds schools. The Montana Association of Counties has argued Gov. Greg Gianforte should have scaled back a fixed-rate property tax that equalizes school funding between rich and poor …

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2115 Durston Unit 14, aerial view of property and surrounding area with diagram

Featured Listing: 2115 Durston Road, Unit 14, Bozeman

Cute and inviting, this centrally located two-bedroom, two-bath condo in Bozeman is ready to welcome you home! Excellent layout features great room style kitchen, living room and dining area – each bedroom is private (no shared walls in the unit) with a full ensuite bath. Plenty of storage space. Dining bar in the kitchen provides …

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New recreation center in the works for Livingston – Livingston Enterprise

As our communities grow, new resources are needed – this is one proposed recreation center out of three for the area that are currently being discussed. New recreation center in the works for Livingston by Sean Batura Enterprise Staff Writer Mar 8, 2023 Officials with 4 Ranges Community Recreation Foundation Inc. say they’ve obtained philanthropic …

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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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4283 Monroe Street, Unit B, garden in bloom

Featured Listing: 4283 Monroe Street, Unit B, Bozeman

Come home to this move-in ready, architecturally designed condo in Valley West. Enjoy your dream Montana lifestyle without having to shovel or mow the lawn! Pride of ownership shows through at this meticulously maintained home. Designed by Frog Rock design and built by Anders Lewendal, this home features recently painted interiors and updated appliances. Big …

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cover for 2022 market stats

2022 Y/Y Real Estate Market Analysis & Statistics

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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cover for q4 2022 stats

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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Q2 2021 Real Estate Market Analysis & Statistics

For a graphical chart version of this information, please visit our Market Stats page. Single Family The Q2 2021 real estate market remained red hot for single family homes in the SW Montana. Looking back a year, Q2 2020 was the most adversely affected quarter due to the pandemic – though it showed modest gains …

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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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