News from the Knoff Group

2269 Renee Way, main front exterior

Featured Listing: 2769 Renee Way, Bozeman

This immaculate 4-bedroom, 3-bathroom townhome in Bozeman’s charming Baxter Square neighborhood is not only the most affordable 4-bedroom home in the area but also a great investment opportunity. Offering a prime location and modern conveniences, this property is a gem for both homeowners and investors. The spacious interior features 9-foot ceilings and engineered hardwood flooring, …

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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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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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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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Q4 2021 & YYY Real Estate Market Analysis & Statistics

Q4 2021 Real Estate Market Analysis & Statistics (Scroll to bottom for Y/Y/Y or CLICK HERE) Single Family Single family home sales in Q4 2021 continued to be robust through the end of 2021, but the market was hamstrung by a lack of inventory. More listings left he market than came to market. As a …

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Q3 2021 Real Estate Market Analysis & Statistics

For a graphical chart version of this information, please visit our Market Stats page. Single Family Single Family homes sales in Q3 2021 have skyrocketed over Q3 2020. Q3 2020 is when much of the recovery from the Pandemic induced flattening of the market in Q2 2020 and there was a healthy jump over Q3 …

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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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Q4 2020 & YYY Real Estate Market Analysis & Statistics

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 …

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Market Update: Q1 2019 Year Over Year Breakdown

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 …

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