More Related Content Similar to August 2018 Bozeman Home Sales Market Data (12) More from Referred Realty Group (11) August 2018 Bozeman Home Sales Market Data1. Office: (832) 326-5787
Courtney@CourtneyFoster.com
www.ReferredRealtyMT.com
Courtney Foster
Referred Realty Group
Each data point is one month of activity. Data is from September 17, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
August Homes for Sale
Bozeman & Belgrade & Three Forks & Big Sky
0
100
200
300
400
500
600
2016 2017 2018
463
447 439
-3.5% -1.8%
98 89
120
-9.2% +34.8%
25
43 49
+72.0% +14.0%
245
194
132
-20.8% -32.0%
Bozeman Belgrade Three Forks Big Sky
2. Office: (832) 326-5787
Courtney@CourtneyFoster.com
www.ReferredRealtyMT.com
Courtney Foster
Referred Realty Group
Each data point is one month of activity. Data is from September 17, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
August New Listings
Bozeman & Belgrade & Three Forks & Big Sky
0
50
100
150
200
250
2016 2017 2018
151
169
191
+11.9% +13.0%
57
79
57
+38.6% -27.8%
7
11 15
+57.1% +36.4%
43
24
16
-44.2% -33.3%
Bozeman Belgrade Three Forks Big Sky
3. Office: (832) 326-5787
Courtney@CourtneyFoster.com
www.ReferredRealtyMT.com
Courtney Foster
Referred Realty Group
Each data point is one month of activity. Data is from September 17, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
August Pending Sales
Bozeman & Belgrade & Three Forks & Big Sky
0
25
50
75
100
125
150
175
2016 2017 2018
146
134
150
-8.2% +11.9%
36
51
45
+41.7% -11.8%
11 9 9
-18.2% 0.0%
39
27
23
-30.8% -14.8%
Bozeman Belgrade Three Forks Big Sky
4. Office: (832) 326-5787
Courtney@CourtneyFoster.com
www.ReferredRealtyMT.com
Courtney Foster
Referred Realty Group
Each data point is one month of activity. Data is from September 17, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
August Closed Sales
Bozeman & Belgrade & Three Forks & Big Sky
0
50
100
150
200
2016 2017 2018
166
159
169
-4.2% +6.3%
55
44
54
-20.0% +22.7%
8 11 10
+37.5% -9.1%
20
28 31
+40.0% +10.7%
Bozeman Belgrade Three Forks Big Sky
5. Office: (832) 326-5787
Courtney@CourtneyFoster.com
www.ReferredRealtyMT.com
Courtney Foster
Referred Realty Group
Each data point is activity year to date. Data is from September 17, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
August Closed Sales
Bozeman & Belgrade & Three Forks & Big Sky
0
200
400
600
800
1,000
1,200
2016 2017 2018
1,079
1,010
1,045
-6.4% +3.5%
294
318 321
+8.2% +0.9%
49 41
59
-16.3% +43.9%
139
171
197
+23.0% +15.2%
Bozeman Belgrade Three Forks Big Sky
6. Office: (832) 326-5787
Courtney@CourtneyFoster.com
www.ReferredRealtyMT.com
Courtney Foster
Referred Realty Group
Each data point is one month of activity. Data is from September 17, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
August Average Sales Price
Bozeman & Belgrade & Three Forks & Big Sky
$0
$0.2M
$0.4M
$0.6M
$0.8M
$1.0M
$1.2M
2016 2017 2018
$368,324
$454,903
$505,934
+23.5% +11.2%
$256,957
$274,015
$311,944
+6.6% +13.8%
$242,293 $238,679
$252,310
-1.5% +5.7%
$561,900
$666,857
$914,484
+18.7% +37.1%
Bozeman Belgrade Three Forks Big Sky
7. Office: (832) 326-5787
Courtney@CourtneyFoster.com
www.ReferredRealtyMT.com
Courtney Foster
Referred Realty Group
Each data point is one month of activity. Data is from September 17, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
August Months Supply of Homes for Sale
Bozeman & Belgrade & Three Forks & Big Sky
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2016 2017 2018
3.4
3.6 3.5
+5.9% -2.8%
2.8
2.2
3.1
-21.4% +40.9%
3.8
7.8
6.3
+105.3% -19.2%
12.1
8.5
5.6
-29.8% -34.1%
Bozeman Belgrade Three Forks Big Sky
8. Office: (832) 326-5787
Courtney@CourtneyFoster.com
www.ReferredRealtyMT.com
Courtney Foster
Referred Realty Group
Each data point is one month of activity. Data is from September 17, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
August Median Days on Market
Bozeman & Belgrade & Three Forks & Big Sky
0
25
50
75
100
125
150
2016 2017 2018
18 19
15
+5.6% -21.1%
10 8 8
-20.0% 0.0%
31
14
20
-54.8% +42.9%
132
39
25
-70.5% -35.9%
Bozeman Belgrade Three Forks Big Sky
9. Office: (832) 326-5787
Courtney@CourtneyFoster.com
www.ReferredRealtyMT.com
Courtney Foster
Referred Realty Group
Each data point is one month of activity. Data is from September 17, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
August Average Price Per Square Foot
Bozeman & Belgrade & Three Forks & Big Sky
$0
$100
$200
$300
$400
$500
2016 2017 2018
$178
$215
$223
+20.8% +3.7%
$145
$163
$178
+12.4% +9.2%
$127
$110
$140
-13.4% +27.3%
$259
$304
$374
+17.4% +23.0%
Bozeman Belgrade Three Forks Big Sky
10. Local Market Update – August 2018
This is a research tool provided by the Big Sky Country MLS
Bozeman City Limits
Single Family August Year to Date
Key Metrics 2017 2018 % Change Thru 8-2017 Thru 8-2018 % Change
New Listings 71 71 0.0% 510 538 + 5.5%
Pending Sales 51 59 + 15.7% 413 431 + 4.4%
Closed Sales 50 74 + 48.0% 383 419 + 9.4%
Days on Market Until Sale 50 34 - 32.0% 59 46 - 22.0%
Median Sales Price* $394,430 $452,500 + 14.7% $379,000 $425,000 + 12.1%
Average Sales Price* $435,643 $512,213 + 17.6% $415,642 $471,445 + 13.4%
Percent of List Price Received* 98.9% 98.5% - 0.4% 99.4% 99.2% - 0.2%
Inventory of Homes for Sale 148 158 + 6.8% –– –– ––
Months Supply of Inventory 3.2 3.2 0.0% –– –– ––
Condo/Townhouse August Year to Date
Key Metrics 2017 2018 % Change Thru 8-2017 Thru 8-2018 % Change
New Listings 34 58 + 70.6% 411 357 - 13.1%
Pending Sales 32 41 + 28.1% 337 320 - 5.0%
Closed Sales 49 44 - 10.2% 287 301 + 4.9%
Days on Market Until Sale 51 20 - 60.8% 72 55 - 23.6%
Median Sales Price* $285,000 $304,700 + 6.9% $272,000 $300,000 + 10.3%
Average Sales Price* $315,387 $313,530 - 0.6% $313,874 $341,628 + 8.8%
Percent of List Price Received* 99.8% 99.3% - 0.5% 99.8% 99.4% - 0.4%
Inventory of Homes for Sale 97 102 + 5.2% –– –– ––
Months Supply of Inventory 2.7 2.9 + 7.4% –– –– ––
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point.
Median Sales Price - Single Family
Rolling 12-Month Calculation Gallatin County
Bozeman City Limits
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Bozeman City Limits
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017
$100,000
$150,000
$200,000
$250,000
$300,000
Current as of September 10, 2018. All data from Big Sky Country Multiple Listing Service®. Report © 2018 ShowingTime.
11. Local Market Update – August 2018
This is a research tool provided by the Big Sky Country MLS
Belgrade
Single Family August Year to Date
Key Metrics 2017 2018 % Change Thru 8-2017 Thru 8-2018 % Change
New Listings 61 41 - 32.8% 319 300 - 6.0%
Pending Sales 38 28 - 26.3% 263 233 - 11.4%
Closed Sales 34 35 + 2.9% 238 229 - 3.8%
Days on Market Until Sale 15 23 + 53.3% 41 37 - 9.8%
Median Sales Price* $309,440 $315,000 + 1.8% $285,000 $315,900 + 10.8%
Average Sales Price* $305,895 $335,191 + 9.6% $324,158 $343,941 + 6.1%
Percent of List Price Received* 99.4% 99.0% - 0.4% 99.1% 99.0% - 0.1%
Inventory of Homes for Sale 76 87 + 14.5% –– –– ––
Months Supply of Inventory 2.6 3.2 + 23.1% –– –– ––
Condo/Townhouse August Year to Date
Key Metrics 2017 2018 % Change Thru 8-2017 Thru 8-2018 % Change
New Listings 12 14 + 16.7% 68 102 + 50.0%
Pending Sales 8 14 + 75.0% 67 83 + 23.9%
Closed Sales 7 12 + 71.4% 58 66 + 13.8%
Days on Market Until Sale 15 36 + 140.0% 33 22 - 33.3%
Median Sales Price* $220,000 $270,450 + 22.9% $184,250 $215,500 + 17.0%
Average Sales Price* $203,321 $251,608 + 23.7% $183,946 $223,118 + 21.3%
Percent of List Price Received* 100.1% 99.5% - 0.6% 99.4% 99.7% + 0.3%
Inventory of Homes for Sale 4 23 + 475.0% –– –– ––
Months Supply of Inventory 0.5 2.8 + 460.0% –– –– ––
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point.
Median Sales Price - Single Family
Rolling 12-Month Calculation Gallatin County
Belgrade
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Belgrade
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Current as of September 10, 2018. All data from Big Sky Country Multiple Listing Service®. Report © 2018 ShowingTime.
12. Local Market Update – August 2018
This is a research tool provided by the Big Sky Country MLS
Greater Big Sky
Single Family August Year to Date
Key Metrics 2017 2018 % Change Thru 8-2017 Thru 8-2018 % Change
New Listings 5 9 + 80.0% 86 86 0.0%
Pending Sales 6 11 + 83.3% 58 79 + 36.2%
Closed Sales 11 10 - 9.1% 47 60 + 27.7%
Days on Market Until Sale 177 94 - 46.9% 236 136 - 42.4%
Median Sales Price* $1,097,500 $1,549,500 + 41.2% $1,237,500 $1,518,000 + 22.7%
Average Sales Price* $1,076,700 $1,890,650 + 75.6% $1,401,832 $1,687,035 + 20.3%
Percent of List Price Received* 93.7% 97.3% + 3.8% 94.5% 96.7% + 2.3%
Inventory of Homes for Sale 81 56 - 30.9% –– –– ––
Months Supply of Inventory 11.9 6.8 - 42.9% –– –– ––
Condo/Townhouse August Year to Date
Key Metrics 2017 2018 % Change Thru 8-2017 Thru 8-2018 % Change
New Listings 16 6 - 62.5% 140 109 - 22.1%
Pending Sales 20 12 - 40.0% 129 134 + 3.9%
Closed Sales 16 19 + 18.8% 113 127 + 12.4%
Days on Market Until Sale 115 90 - 21.7% 143 112 - 21.7%
Median Sales Price* $352,500 $409,000 + 16.0% $365,000 $405,000 + 11.0%
Average Sales Price* $450,602 $441,368 - 2.0% $459,378 $514,767 + 12.1%
Percent of List Price Received* 94.5% 96.0% + 1.6% 96.3% 96.4% + 0.1%
Inventory of Homes for Sale 102 69 - 32.4% –– –– ––
Months Supply of Inventory 6.8 4.7 - 30.9% –– –– ––
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point.
Median Sales Price - Single Family
Rolling 12-Month Calculation Gallatin County
Greater Big Sky
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Greater Big Sky
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Current as of September 10, 2018. All data from Big Sky Country Multiple Listing Service®. Report © 2018 ShowingTime.
13. Local Market Update – August 2018
This is a research tool provided by the Big Sky Country MLS
Livingston City Limits
Single Family August Year to Date
Key Metrics 2017 2018 % Change Thru 8-2017 Thru 8-2018 % Change
New Listings 21 10 - 52.4% 123 122 - 0.8%
Pending Sales 14 14 0.0% 123 97 - 21.1%
Closed Sales 21 15 - 28.6% 108 94 - 13.0%
Days on Market Until Sale 30 40 + 33.3% 55 53 - 3.6%
Median Sales Price* $179,000 $270,000 + 50.8% $221,000 $270,000 + 22.2%
Average Sales Price* $205,729 $286,077 + 39.1% $227,490 $278,272 + 22.3%
Percent of List Price Received* 97.9% 98.3% + 0.4% 97.3% 97.7% + 0.4%
Inventory of Homes for Sale 28 36 + 28.6% –– –– ––
Months Supply of Inventory 2.2 3.3 + 50.0% –– –– ––
Condo/Townhouse August Year to Date
Key Metrics 2017 2018 % Change Thru 8-2017 Thru 8-2018 % Change
New Listings 5 2 - 60.0% 21 30 + 42.9%
Pending Sales 3 0 - 100.0% 15 25 + 66.7%
Closed Sales 2 3 + 50.0% 10 22 + 120.0%
Days on Market Until Sale 18 30 + 66.7% 28 52 + 85.7%
Median Sales Price* $137,950 $261,000 + 89.2% $142,450 $217,500 + 52.7%
Average Sales Price* $137,950 $256,333 + 85.8% $152,379 $206,377 + 35.4%
Percent of List Price Received* 98.6% 95.8% - 2.8% 95.6% 97.8% + 2.3%
Inventory of Homes for Sale 7 11 + 57.1% –– –– ––
Months Supply of Inventory 3.1 2.5 - 19.4% –– –– ––
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point.
Median Sales Price - Single Family
Rolling 12-Month Calculation Gallatin County
Livingston City Limits
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Livingston City Limits
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Current as of September 10, 2018. All data from Big Sky Country Multiple Listing Service®. Report © 2018 ShowingTime.