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REAL ESTATE
UPDATE
Gallatin Valley
January 2019
brought to you by:
www.ReferredRealtyMT.com
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 February 14, 2019.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime.
January Homes for Sale
Bozeman & Belgrade & Three Forks & Big Sky: Residential
0
100
200
300
400
2017 2018 2019
308
322
294
+4.5% -8.7%
55
70
80
+27.3% +14.3%
25 19
32
-24.0% +68.4%
200 206
130
+3.0% -36.9%
Bozeman Belgrade Three Forks Big Sky
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 February 14, 2019.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime.
January New Listings
Bozeman & Belgrade & Three Forks & Big Sky: Residential
0
25
50
75
100
125
150
175
2017 2018 2019
137
112 109
-18.2% -2.7%
33 33
36
0.0% +9.1%
3
6 8
+100.0% +33.3%
15
31
25
+106.7% -19.4%
Bozeman Belgrade Three Forks Big Sky
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 February 14, 2019.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime.
January Pending Sales
Bozeman & Belgrade & Three Forks & Big Sky: Residential
0
20
40
60
80
100
120
140
2017 2018 2019
112 111
93
-0.9% -16.2%
37
26
47
-29.7% +80.8%
3
6
9
+100.0% +50.0%
28 27 26
-3.6% -3.7%
Bozeman Belgrade Three Forks Big Sky
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 February 14, 2019.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime.
January Closed Sales
Bozeman & Belgrade & Three Forks & Big Sky: Residential
0
20
40
60
80
100
120
2017 2018 2019
99
82
58
-17.2% -29.3%
26
17 15
-34.6% -11.8%
1
6
3
+500.0% -50.0%
10
13
21
+30.0% +61.5%
Bozeman Belgrade Three Forks Big Sky
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 February 14, 2019.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime.
January Average Sales Price
Bozeman & Belgrade & Three Forks & Big Sky: Residential
$0
$0.2M
$0.4M
$0.6M
$0.8M
$1.0M
2017 2018 2019
$491,826
$444,440
$550,051
-9.6% +23.8%
$320,959
$274,170
$295,407
-14.6% +7.7%
$30,000
$209,900
$327,467
+599.7% +56.0%
$623,325
$443,254
$808,786
-28.9% +82.5%
Bozeman Belgrade Three Forks Big Sky
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 February 15, 2019.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime.
January Months Supply of Homes for Sale
Bozeman & Belgrade & Three Forks & Big Sky: Residential
0.0
2.0
4.0
6.0
8.0
10.0
12.0
2017 2018 2019
2.2
2.6 2.4
+18.2% -7.7%
1.5
1.8
2.0
+20.0% +11.1%
3.9
2.9
4.2
-25.6% +44.8%
9.8
9.2
5.5
-6.1% -40.2%
Bozeman Belgrade Three Forks Big Sky
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 February 15, 2019.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime.
January Median Days on Market
Bozeman & Belgrade & Three Forks & Big Sky: Residential
0
100
200
300
400
500
600
2017 2018 2019
52 43 46
-17.3% +7.0%
33 41
68
+24.2% +65.9%
496
27
155
-94.6% +474.1%
166
99
53
-40.4% -46.5%
Bozeman Belgrade Three Forks Big Sky
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 February 15, 2019.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime.
January Median Price Per Square Foot
Bozeman & Belgrade & Three Forks & Big Sky: Residential
$0
$100
$200
$300
$400
$500
2017 2018 2019
$179
$200 $203
+11.7% +1.5%
$145
$156
$169
+7.6% +8.3%
$54
$155 $155
+187.0% 0.0%
$291
$278
$378
-4.5% +36.0%
Bozeman Belgrade Three Forks Big Sky
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Bozeman City Limits
1NE, 1NW, 1SM, 1SK
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 50 40 - 20.0% 50 40 - 20.0%
Pending Sales 40 39 - 2.5% 40 39 - 2.5%
Closed Sales 33 19 - 42.4% 33 19 - 42.4%
Days on Market Until Sale 57 62 + 8.8% 57 62 + 8.8%
Median Sales Price* $395,000 $475,000 + 20.3% $395,000 $475,000 + 20.3%
Average Sales Price* $462,622 $542,547 + 17.3% $462,622 $542,547 + 17.3%
Percent of List Price Received* 99.3% 98.3% - 1.0% 99.3% 98.3% - 1.0%
Inventory of Homes for Sale 120 98 - 18.3% –– –– ––
Months Supply of Inventory 2.5 2.0 - 20.0% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 25 29 + 16.0% 25 29 + 16.0%
Pending Sales 34 26 - 23.5% 34 26 - 23.5%
Closed Sales 26 23 - 11.5% 26 23 - 11.5%
Days on Market Until Sale 50 56 + 12.0% 50 56 + 12.0%
Median Sales Price* $281,950 $336,000 + 19.2% $281,950 $336,000 + 19.2%
Average Sales Price* $364,908 $355,245 - 2.6% $364,908 $355,245 - 2.6%
Percent of List Price Received* 99.6% 98.3% - 1.3% 99.6% 98.3% - 1.3%
Inventory of Homes for Sale 85 77 - 9.4% –– –– ––
Months Supply of Inventory 2.4 2.2 - 8.3% –– –– ––
* 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 1-2019
$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 1-2019
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Bozeman Areas Outside City Limits
2B, 2FC, 2G, 2N, 2NW, 2T, 2SE, 2SW
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 28 32 + 14.3% 28 32 + 14.3%
Pending Sales 32 32 0.0% 32 32 0.0%
Closed Sales 18 14 - 22.2% 18 14 - 22.2%
Days on Market Until Sale 79 148 + 87.3% 79 148 + 87.3%
Median Sales Price* $477,500 $544,900 + 14.1% $477,500 $544,900 + 14.1%
Average Sales Price* $580,211 $944,236 + 62.7% $580,211 $944,236 + 62.7%
Percent of List Price Received* 98.9% 93.8% - 5.2% 98.9% 93.8% - 5.2%
Inventory of Homes for Sale 121 113 - 6.6% –– –– ––
Months Supply of Inventory 3.5 3.4 - 2.9% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 5 8 + 60.0% 5 8 + 60.0%
Pending Sales 4 2 - 50.0% 4 2 - 50.0%
Closed Sales 4 2 - 50.0% 4 2 - 50.0%
Days on Market Until Sale 23 13 - 43.5% 23 13 - 43.5%
Median Sales Price* $279,700 $319,814 + 14.3% $279,700 $319,814 + 14.3%
Average Sales Price* $278,813 $319,814 + 14.7% $278,813 $319,814 + 14.7%
Percent of List Price Received* 100.2% 101.0% + 0.8% 100.2% 101.0% + 0.8%
Inventory of Homes for Sale 4 12 + 200.0% –– –– ––
Months Supply of Inventory 0.7 2.3 + 228.6% –– –– ––
* 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 Areas Outside City Limits
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Bozeman Areas Outside City Limits
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Belgrade
3B, 3N, 3S
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 27 26 - 3.7% 27 26 - 3.7%
Pending Sales 20 30 + 50.0% 20 30 + 50.0%
Closed Sales 11 10 - 9.1% 11 10 - 9.1%
Days on Market Until Sale 50 81 + 62.0% 50 81 + 62.0%
Median Sales Price* $269,900 $299,700 + 11.0% $269,900 $299,700 + 11.0%
Average Sales Price* $284,044 $291,980 + 2.8% $284,044 $291,980 + 2.8%
Percent of List Price Received* 98.1% 98.8% + 0.7% 98.1% 98.8% + 0.7%
Inventory of Homes for Sale 51 60 + 17.6% –– –– ––
Months Supply of Inventory 1.7 2.2 + 29.4% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 5 7 + 40.0% 5 7 + 40.0%
Pending Sales 5 12 + 140.0% 5 12 + 140.0%
Closed Sales 2 4 + 100.0% 2 4 + 100.0%
Days on Market Until Sale 52 35 - 32.7% 52 35 - 32.7%
Median Sales Price* $237,750 $309,050 + 30.0% $237,750 $309,050 + 30.0%
Average Sales Price* $237,750 $299,075 + 25.8% $237,750 $299,075 + 25.8%
Percent of List Price Received* 98.9% 100.5% + 1.6% 98.9% 100.5% + 1.6%
Inventory of Homes for Sale 9 12 + 33.3% –– –– ––
Months Supply of Inventory 1.3 1.3 0.0% –– –– ––
* 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 1-2019
$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 1-2019
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Greater Manhattan
4MA, 4MC, 4MN, 4MS
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 8 6 - 25.0% 8 6 - 25.0%
Pending Sales 7 5 - 28.6% 7 5 - 28.6%
Closed Sales 4 3 - 25.0% 4 3 - 25.0%
Days on Market Until Sale 21 115 + 447.6% 21 115 + 447.6%
Median Sales Price* $389,000 $323,000 - 17.0% $389,000 $323,000 - 17.0%
Average Sales Price* $375,750 $347,633 - 7.5% $375,750 $347,633 - 7.5%
Percent of List Price Received* 99.4% 96.8% - 2.6% 99.4% 96.8% - 2.6%
Inventory of Homes for Sale 24 22 - 8.3% –– –– ––
Months Supply of Inventory 4.6 3.9 - 15.2% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 0 0 –– 0 0 ––
Pending Sales 0 0 –– 0 0 ––
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 1 0 - 100.0% –– –– ––
Months Supply of Inventory 0.8 –– –– –– –– ––
* 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 Manhattan
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$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
Greater Manhattan
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Greater Three Forks
4TC, 4TL, 4TN, 4TR, 4TSW
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 1 5 + 400.0% 1 5 + 400.0%
Pending Sales 3 6 + 100.0% 3 6 + 100.0%
Closed Sales 3 0 - 100.0% 3 0 - 100.0%
Days on Market Until Sale 42 –– –– 42 –– ––
Median Sales Price* $255,000 –– –– $255,000 –– ––
Average Sales Price* $213,967 –– –– $213,967 –– ––
Percent of List Price Received* 99.1% –– –– 99.1% –– ––
Inventory of Homes for Sale 9 14 + 55.6% –– –– ––
Months Supply of Inventory 2.7 2.9 + 7.4% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 1 0 - 100.0% 1 0 - 100.0%
Pending Sales 1 0 - 100.0% 1 0 - 100.0%
Closed Sales 2 0 - 100.0% 2 0 - 100.0%
Days on Market Until Sale 240 –– –– 240 –– ––
Median Sales Price* $215,000 –– –– $215,000 –– ––
Average Sales Price* $215,000 –– –– $215,000 –– ––
Percent of List Price Received* 100.0% –– –– 100.0% –– ––
Inventory of Homes for Sale 2 0 - 100.0% –– –– ––
Months Supply of Inventory 1.3 –– –– –– –– ––
* 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 Three Forks
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Greater Three Forks
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Greater Big Sky
5CN, 5CS, 5BMT, 5BMV
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 7 4 - 42.9% 7 4 - 42.9%
Pending Sales 6 9 + 50.0% 6 9 + 50.0%
Closed Sales 0 8 –– 0 8 ––
Days on Market Until Sale –– 131 –– –– 131 ––
Median Sales Price* –– $1,400,000 –– –– $1,400,000 ––
Average Sales Price* –– $1,334,250 –– –– $1,334,250 ––
Percent of List Price Received* –– 96.2% –– –– 96.2% ––
Inventory of Homes for Sale 73 56 - 23.3% –– –– ––
Months Supply of Inventory 11.1 6.6 - 40.5% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 24 14 - 41.7% 24 14 - 41.7%
Pending Sales 20 13 - 35.0% 20 13 - 35.0%
Closed Sales 12 12 0.0% 12 12 0.0%
Days on Market Until Sale 92 88 - 4.3% 92 88 - 4.3%
Median Sales Price* $349,500 $431,000 + 23.3% $349,500 $431,000 + 23.3%
Average Sales Price* $392,458 $511,292 + 30.3% $392,458 $511,292 + 30.3%
Percent of List Price Received* 96.1% 97.1% + 1.0% 96.1% 97.1% + 1.0%
Inventory of Homes for Sale 127 61 - 52.0% –– –– ––
Months Supply of Inventory 8.9 4.2 - 52.8% –– –– ––
* 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 1-2019
$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 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
West Yellowstone
5W
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 2 1 - 50.0% 2 1 - 50.0%
Pending Sales 0 2 –– 0 2 ––
Closed Sales 1 1 0.0% 1 1 0.0%
Days on Market Until Sale 137 362 + 164.2% 137 362 + 164.2%
Median Sales Price* $175,000 $489,000 + 179.4% $175,000 $489,000 + 179.4%
Average Sales Price* $175,000 $489,000 + 179.4% $175,000 $489,000 + 179.4%
Percent of List Price Received* 94.9% 100.0% + 5.4% 94.9% 100.0% + 5.4%
Inventory of Homes for Sale 25 9 - 64.0% –– –– ––
Months Supply of Inventory 8.1 3.2 - 60.5% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 0 0 –– 0 0 ––
Pending Sales 0 0 –– 0 0 ––
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 0 2 –– –– –– ––
Months Supply of Inventory –– –– –– –– –– ––
* 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
West Yellowstone
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$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
West Yellowstone
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Livingston City Limits
6C
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 9 11 + 22.2% 9 11 + 22.2%
Pending Sales 5 8 + 60.0% 5 8 + 60.0%
Closed Sales 9 5 - 44.4% 9 5 - 44.4%
Days on Market Until Sale 34 79 + 132.4% 34 79 + 132.4%
Median Sales Price* $238,500 $160,000 - 32.9% $238,500 $160,000 - 32.9%
Average Sales Price* $240,578 $166,200 - 30.9% $240,578 $166,200 - 30.9%
Percent of List Price Received* 93.9% 92.9% - 1.1% 93.9% 92.9% - 1.1%
Inventory of Homes for Sale 25 20 - 20.0% –– –– ––
Months Supply of Inventory 2.0 1.7 - 15.0% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 3 2 - 33.3% 3 2 - 33.3%
Pending Sales 3 4 + 33.3% 3 4 + 33.3%
Closed Sales 2 2 0.0% 2 2 0.0%
Days on Market Until Sale 1 162 + 16,100.0% 1 162 + 16,100.0%
Median Sales Price* $218,000 $247,450 + 13.5% $218,000 $247,450 + 13.5%
Average Sales Price* $218,000 $247,450 + 13.5% $218,000 $247,450 + 13.5%
Percent of List Price Received* 100.0% 86.6% - 13.4% 100.0% 86.6% - 13.4%
Inventory of Homes for Sale 7 12 + 71.4% –– –– ––
Months Supply of Inventory 2.3 3.3 + 43.5% –– –– ––
* 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 1-2019
$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 1-2019
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Butte
10BE, 10BNE, 10BS4, 10BS9, 10BW, 10BWM
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 36 30 - 16.7% 36 30 - 16.7%
Pending Sales 18 28 + 55.6% 18 28 + 55.6%
Closed Sales 25 27 + 8.0% 25 27 + 8.0%
Days on Market Until Sale 76 50 - 34.2% 76 50 - 34.2%
Median Sales Price* $142,000 $110,000 - 22.5% $142,000 $110,000 - 22.5%
Average Sales Price* $170,999 $121,209 - 29.1% $170,999 $121,209 - 29.1%
Percent of List Price Received* 96.5% 94.5% - 2.1% 96.5% 94.5% - 2.1%
Inventory of Homes for Sale 98 87 - 11.2% –– –– ––
Months Supply of Inventory 3.2 2.5 - 21.9% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 1 0 - 100.0% 1 0 - 100.0%
Pending Sales 1 0 - 100.0% 1 0 - 100.0%
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 4 3 - 25.0% –– –– ––
Months Supply of Inventory 4.0 2.3 - 42.5% –– –– ––
* 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
Butte
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Butte
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Gallatin County
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 123 113 - 8.1% 123 113 - 8.1%
Pending Sales 106 122 + 15.1% 106 122 + 15.1%
Closed Sales 70 55 - 21.4% 70 55 - 21.4%
Days on Market Until Sale 60 106 + 76.7% 60 106 + 76.7%
Median Sales Price* $392,500 $476,500 + 21.4% $392,500 $476,500 + 21.4%
Average Sales Price* $445,067 $702,789 + 57.9% $445,067 $702,789 + 57.9%
Percent of List Price Received* 98.9% 96.9% - 2.0% 98.9% 96.9% - 2.0%
Inventory of Homes for Sale 417 364 - 12.7% –– –– ––
Months Supply of Inventory 3.3 2.8 - 15.2% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 60 58 - 3.3% 60 58 - 3.3%
Pending Sales 64 53 - 17.2% 64 53 - 17.2%
Closed Sales 46 41 - 10.9% 46 41 - 10.9%
Days on Market Until Sale 67 60 - 10.4% 67 60 - 10.4%
Median Sales Price* $279,750 $333,200 + 19.1% $279,750 $333,200 + 19.1%
Average Sales Price* $352,562 $393,709 + 11.7% $352,562 $393,709 + 11.7%
Percent of List Price Received* 98.7% 98.3% - 0.4% 98.7% 98.3% - 0.4%
Inventory of Homes for Sale 228 164 - 28.1% –– –– ––
Months Supply of Inventory 3.5 2.5 - 28.6% –– –– ––
* 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
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Park County
6C, 6E, 6G, 6N, 6NW, 6PVE, 6PVW, 6SV, 6SW
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 12 12 0.0% 12 12 0.0%
Pending Sales 6 10 + 66.7% 6 10 + 66.7%
Closed Sales 16 6 - 62.5% 16 6 - 62.5%
Days on Market Until Sale 125 79 - 36.8% 125 79 - 36.8%
Median Sales Price* $276,000 $165,000 - 40.2% $276,000 $165,000 - 40.2%
Average Sales Price* $363,888 $237,667 - 34.7% $363,888 $237,667 - 34.7%
Percent of List Price Received* 92.9% 92.7% - 0.2% 92.9% 92.7% - 0.2%
Inventory of Homes for Sale 59 45 - 23.7% –– –– ––
Months Supply of Inventory 3.4 2.9 - 14.7% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 4 2 - 50.0% 4 2 - 50.0%
Pending Sales 3 4 + 33.3% 3 4 + 33.3%
Closed Sales 2 2 0.0% 2 2 0.0%
Days on Market Until Sale 1 162 + 16,100.0% 1 162 + 16,100.0%
Median Sales Price* $218,000 $247,450 + 13.5% $218,000 $247,450 + 13.5%
Average Sales Price* $218,000 $247,450 + 13.5% $218,000 $247,450 + 13.5%
Percent of List Price Received* 100.0% 86.6% - 13.4% 100.0% 86.6% - 13.4%
Inventory of Homes for Sale 8 12 + 50.0% –– –– ––
Months Supply of Inventory 2.5 3.3 + 32.0% –– –– ––
* 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
Park County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Park County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Silver Bow County
10BE, 10BNE, 10BS4, 10BS9, 10BW, 10BWM, 10NEB, 10OB, 10RA, 10W
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 38 32 - 15.8% 38 32 - 15.8%
Pending Sales 18 29 + 61.1% 18 29 + 61.1%
Closed Sales 25 27 + 8.0% 25 27 + 8.0%
Days on Market Until Sale 76 50 - 34.2% 76 50 - 34.2%
Median Sales Price* $142,000 $110,000 - 22.5% $142,000 $110,000 - 22.5%
Average Sales Price* $170,999 $121,209 - 29.1% $170,999 $121,209 - 29.1%
Percent of List Price Received* 96.5% 94.5% - 2.1% 96.5% 94.5% - 2.1%
Inventory of Homes for Sale 104 90 - 13.5% –– –– ––
Months Supply of Inventory 3.4 2.5 - 26.5% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 1 0 - 100.0% 1 0 - 100.0%
Pending Sales 1 0 - 100.0% 1 0 - 100.0%
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 4 3 - 25.0% –– –– ––
Months Supply of Inventory 4.0 2.3 - 42.5% –– –– ––
* 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
Silver Bow County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Silver Bow County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Deer Lodge County
10A, 10GL, 10H
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 6 10 + 66.7% 6 10 + 66.7%
Pending Sales 11 6 - 45.5% 11 6 - 45.5%
Closed Sales 2 9 + 350.0% 2 9 + 350.0%
Days on Market Until Sale 184 62 - 66.3% 184 62 - 66.3%
Median Sales Price* $205,000 $133,000 - 35.1% $205,000 $133,000 - 35.1%
Average Sales Price* $205,000 $148,378 - 27.6% $205,000 $148,378 - 27.6%
Percent of List Price Received* 80.2% 94.9% + 18.3% 80.2% 94.9% + 18.3%
Inventory of Homes for Sale 39 38 - 2.6% –– –– ––
Months Supply of Inventory 5.4 4.0 - 25.9% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 0 0 –– 0 0 ––
Pending Sales 0 0 –– 0 0 ––
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 2 2 0.0% –– –– ––
Months Supply of Inventory –– –– –– –– –– ––
* 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
Deer Lodge County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Deer Lodge County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Beaverhead County
7B
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 12 13 + 8.3% 12 13 + 8.3%
Pending Sales 3 8 + 166.7% 3 8 + 166.7%
Closed Sales 2 7 + 250.0% 2 7 + 250.0%
Days on Market Until Sale 48 107 + 122.9% 48 107 + 122.9%
Median Sales Price* $242,500 $196,000 - 19.2% $242,500 $196,000 - 19.2%
Average Sales Price* $242,500 $202,500 - 16.5% $242,500 $202,500 - 16.5%
Percent of List Price Received* 94.5% 95.4% + 1.0% 94.5% 95.4% + 1.0%
Inventory of Homes for Sale 56 50 - 10.7% –– –– ––
Months Supply of Inventory 8.2 5.7 - 30.5% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 0 0 –– 0 0 ––
Pending Sales 0 0 –– 0 0 ––
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 4 0 - 100.0% –– –– ––
Months Supply of Inventory 4.0 –– –– –– –– ––
* 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
Beaverhead County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Beaverhead County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Madison County
7M, 7MM, 7R
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 15 4 - 73.3% 15 4 - 73.3%
Pending Sales 7 5 - 28.6% 7 5 - 28.6%
Closed Sales 9 5 - 44.4% 9 5 - 44.4%
Days on Market Until Sale 92 145 + 57.6% 92 145 + 57.6%
Median Sales Price* $344,500 $260,500 - 24.4% $344,500 $260,500 - 24.4%
Average Sales Price* $372,344 $295,100 - 20.7% $372,344 $295,100 - 20.7%
Percent of List Price Received* 96.0% 92.7% - 3.4% 96.0% 92.7% - 3.4%
Inventory of Homes for Sale 96 81 - 15.6% –– –– ––
Months Supply of Inventory 10.0 9.3 - 7.0% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 1 0 - 100.0% 1 0 - 100.0%
Pending Sales 0 0 –– 0 0 ––
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 0 0 –– –– –– ––
Months Supply of Inventory –– –– –– –– –– ––
* 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
Madison County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Madison County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Jefferson County
7J, 7TJ
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 5 2 - 60.0% 5 2 - 60.0%
Pending Sales 3 2 - 33.3% 3 2 - 33.3%
Closed Sales 3 0 - 100.0% 3 0 - 100.0%
Days on Market Until Sale 98 –– –– 98 –– ––
Median Sales Price* $320,000 –– –– $320,000 –– ––
Average Sales Price* $320,667 –– –– $320,667 –– ––
Percent of List Price Received* 93.9% –– –– 93.9% –– ––
Inventory of Homes for Sale 20 17 - 15.0% –– –– ––
Months Supply of Inventory 5.7 4.4 - 22.8% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 0 0 –– 0 0 ––
Pending Sales 0 0 –– 0 0 ––
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 0 0 –– –– –– ––
Months Supply of Inventory –– –– –– –– –– ––
* 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
Jefferson County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Jefferson County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Broadwater County
9A, 9TB
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 8 4 - 50.0% 8 4 - 50.0%
Pending Sales 2 2 0.0% 2 2 0.0%
Closed Sales 3 4 + 33.3% 3 4 + 33.3%
Days on Market Until Sale 31 87 + 180.6% 31 87 + 180.6%
Median Sales Price* $245,000 $257,950 + 5.3% $245,000 $257,950 + 5.3%
Average Sales Price* $236,600 $256,700 + 8.5% $236,600 $256,700 + 8.5%
Percent of List Price Received* 101.5% 97.0% - 4.4% 101.5% 97.0% - 4.4%
Inventory of Homes for Sale 15 31 + 106.7% –– –– ––
Months Supply of Inventory 3.6 7.9 + 119.4% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 0 0 –– 0 0 ––
Pending Sales 0 0 –– 0 0 ––
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 0 0 –– –– –– ––
Months Supply of Inventory –– –– –– –– –– ––
* 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
Broadwater County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Broadwater County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
Local Market Update – January 2019
This is a research tool provided by the Big Sky Country MLS
Sweet Grass County
8B, 8S
Single Family January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 1 4 + 300.0% 1 4 + 300.0%
Pending Sales 1 6 + 500.0% 1 6 + 500.0%
Closed Sales 2 0 - 100.0% 2 0 - 100.0%
Days on Market Until Sale 68 –– –– 68 –– ––
Median Sales Price* $195,000 –– –– $195,000 –– ––
Average Sales Price* $195,000 –– –– $195,000 –– ––
Percent of List Price Received* 92.0% –– –– 92.0% –– ––
Inventory of Homes for Sale 22 21 - 4.5% –– –– ––
Months Supply of Inventory 7.5 6.0 - 20.0% –– –– ––
Condo/Townhouse January Year to Date
Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change
New Listings 0 0 –– 0 0 ––
Pending Sales 0 0 –– 0 0 ––
Closed Sales 0 0 –– 0 0 ––
Days on Market Until Sale –– –– –– –– –– ––
Median Sales Price* –– –– –– –– –– ––
Average Sales Price* –– –– –– –– –– ––
Percent of List Price Received* –– –– –– –– –– ––
Inventory of Homes for Sale 0 0 –– –– –– ––
Months Supply of Inventory –– –– –– –– –– ––
* 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
Sweet Grass County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Median Sales Price - Condo
Rolling 12-Month Calculation Gallatin County
Sweet Grass County
1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.

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Jan 2019 Gallatin Valley Market Reports

  • 1. REAL ESTATE UPDATE Gallatin Valley January 2019 brought to you by: www.ReferredRealtyMT.com
  • 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 February 14, 2019. All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime. January Homes for Sale Bozeman & Belgrade & Three Forks & Big Sky: Residential 0 100 200 300 400 2017 2018 2019 308 322 294 +4.5% -8.7% 55 70 80 +27.3% +14.3% 25 19 32 -24.0% +68.4% 200 206 130 +3.0% -36.9% 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 February 14, 2019. All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime. January New Listings Bozeman & Belgrade & Three Forks & Big Sky: Residential 0 25 50 75 100 125 150 175 2017 2018 2019 137 112 109 -18.2% -2.7% 33 33 36 0.0% +9.1% 3 6 8 +100.0% +33.3% 15 31 25 +106.7% -19.4% 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 February 14, 2019. All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime. January Pending Sales Bozeman & Belgrade & Three Forks & Big Sky: Residential 0 20 40 60 80 100 120 140 2017 2018 2019 112 111 93 -0.9% -16.2% 37 26 47 -29.7% +80.8% 3 6 9 +100.0% +50.0% 28 27 26 -3.6% -3.7% 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 one month of activity. Data is from February 14, 2019. All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime. January Closed Sales Bozeman & Belgrade & Three Forks & Big Sky: Residential 0 20 40 60 80 100 120 2017 2018 2019 99 82 58 -17.2% -29.3% 26 17 15 -34.6% -11.8% 1 6 3 +500.0% -50.0% 10 13 21 +30.0% +61.5% 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 February 14, 2019. All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime. January Average Sales Price Bozeman & Belgrade & Three Forks & Big Sky: Residential $0 $0.2M $0.4M $0.6M $0.8M $1.0M 2017 2018 2019 $491,826 $444,440 $550,051 -9.6% +23.8% $320,959 $274,170 $295,407 -14.6% +7.7% $30,000 $209,900 $327,467 +599.7% +56.0% $623,325 $443,254 $808,786 -28.9% +82.5% 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 February 15, 2019. All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime. January Months Supply of Homes for Sale Bozeman & Belgrade & Three Forks & Big Sky: Residential 0.0 2.0 4.0 6.0 8.0 10.0 12.0 2017 2018 2019 2.2 2.6 2.4 +18.2% -7.7% 1.5 1.8 2.0 +20.0% +11.1% 3.9 2.9 4.2 -25.6% +44.8% 9.8 9.2 5.5 -6.1% -40.2% 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 February 15, 2019. All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime. January Median Days on Market Bozeman & Belgrade & Three Forks & Big Sky: Residential 0 100 200 300 400 500 600 2017 2018 2019 52 43 46 -17.3% +7.0% 33 41 68 +24.2% +65.9% 496 27 155 -94.6% +474.1% 166 99 53 -40.4% -46.5% 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 February 15, 2019. All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2019 ShowingTime. January Median Price Per Square Foot Bozeman & Belgrade & Three Forks & Big Sky: Residential $0 $100 $200 $300 $400 $500 2017 2018 2019 $179 $200 $203 +11.7% +1.5% $145 $156 $169 +7.6% +8.3% $54 $155 $155 +187.0% 0.0% $291 $278 $378 -4.5% +36.0% Bozeman Belgrade Three Forks Big Sky
  • 10. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Bozeman City Limits 1NE, 1NW, 1SM, 1SK Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 50 40 - 20.0% 50 40 - 20.0% Pending Sales 40 39 - 2.5% 40 39 - 2.5% Closed Sales 33 19 - 42.4% 33 19 - 42.4% Days on Market Until Sale 57 62 + 8.8% 57 62 + 8.8% Median Sales Price* $395,000 $475,000 + 20.3% $395,000 $475,000 + 20.3% Average Sales Price* $462,622 $542,547 + 17.3% $462,622 $542,547 + 17.3% Percent of List Price Received* 99.3% 98.3% - 1.0% 99.3% 98.3% - 1.0% Inventory of Homes for Sale 120 98 - 18.3% –– –– –– Months Supply of Inventory 2.5 2.0 - 20.0% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 25 29 + 16.0% 25 29 + 16.0% Pending Sales 34 26 - 23.5% 34 26 - 23.5% Closed Sales 26 23 - 11.5% 26 23 - 11.5% Days on Market Until Sale 50 56 + 12.0% 50 56 + 12.0% Median Sales Price* $281,950 $336,000 + 19.2% $281,950 $336,000 + 19.2% Average Sales Price* $364,908 $355,245 - 2.6% $364,908 $355,245 - 2.6% Percent of List Price Received* 99.6% 98.3% - 1.3% 99.6% 98.3% - 1.3% Inventory of Homes for Sale 85 77 - 9.4% –– –– –– Months Supply of Inventory 2.4 2.2 - 8.3% –– –– –– * 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 1-2019 $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 1-2019 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 11. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Bozeman Areas Outside City Limits 2B, 2FC, 2G, 2N, 2NW, 2T, 2SE, 2SW Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 28 32 + 14.3% 28 32 + 14.3% Pending Sales 32 32 0.0% 32 32 0.0% Closed Sales 18 14 - 22.2% 18 14 - 22.2% Days on Market Until Sale 79 148 + 87.3% 79 148 + 87.3% Median Sales Price* $477,500 $544,900 + 14.1% $477,500 $544,900 + 14.1% Average Sales Price* $580,211 $944,236 + 62.7% $580,211 $944,236 + 62.7% Percent of List Price Received* 98.9% 93.8% - 5.2% 98.9% 93.8% - 5.2% Inventory of Homes for Sale 121 113 - 6.6% –– –– –– Months Supply of Inventory 3.5 3.4 - 2.9% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 5 8 + 60.0% 5 8 + 60.0% Pending Sales 4 2 - 50.0% 4 2 - 50.0% Closed Sales 4 2 - 50.0% 4 2 - 50.0% Days on Market Until Sale 23 13 - 43.5% 23 13 - 43.5% Median Sales Price* $279,700 $319,814 + 14.3% $279,700 $319,814 + 14.3% Average Sales Price* $278,813 $319,814 + 14.7% $278,813 $319,814 + 14.7% Percent of List Price Received* 100.2% 101.0% + 0.8% 100.2% 101.0% + 0.8% Inventory of Homes for Sale 4 12 + 200.0% –– –– –– Months Supply of Inventory 0.7 2.3 + 228.6% –– –– –– * 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 Areas Outside City Limits 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Bozeman Areas Outside City Limits 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 12. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Belgrade 3B, 3N, 3S Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 27 26 - 3.7% 27 26 - 3.7% Pending Sales 20 30 + 50.0% 20 30 + 50.0% Closed Sales 11 10 - 9.1% 11 10 - 9.1% Days on Market Until Sale 50 81 + 62.0% 50 81 + 62.0% Median Sales Price* $269,900 $299,700 + 11.0% $269,900 $299,700 + 11.0% Average Sales Price* $284,044 $291,980 + 2.8% $284,044 $291,980 + 2.8% Percent of List Price Received* 98.1% 98.8% + 0.7% 98.1% 98.8% + 0.7% Inventory of Homes for Sale 51 60 + 17.6% –– –– –– Months Supply of Inventory 1.7 2.2 + 29.4% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 5 7 + 40.0% 5 7 + 40.0% Pending Sales 5 12 + 140.0% 5 12 + 140.0% Closed Sales 2 4 + 100.0% 2 4 + 100.0% Days on Market Until Sale 52 35 - 32.7% 52 35 - 32.7% Median Sales Price* $237,750 $309,050 + 30.0% $237,750 $309,050 + 30.0% Average Sales Price* $237,750 $299,075 + 25.8% $237,750 $299,075 + 25.8% Percent of List Price Received* 98.9% 100.5% + 1.6% 98.9% 100.5% + 1.6% Inventory of Homes for Sale 9 12 + 33.3% –– –– –– Months Supply of Inventory 1.3 1.3 0.0% –– –– –– * 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 1-2019 $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 1-2019 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 13. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Greater Manhattan 4MA, 4MC, 4MN, 4MS Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 8 6 - 25.0% 8 6 - 25.0% Pending Sales 7 5 - 28.6% 7 5 - 28.6% Closed Sales 4 3 - 25.0% 4 3 - 25.0% Days on Market Until Sale 21 115 + 447.6% 21 115 + 447.6% Median Sales Price* $389,000 $323,000 - 17.0% $389,000 $323,000 - 17.0% Average Sales Price* $375,750 $347,633 - 7.5% $375,750 $347,633 - 7.5% Percent of List Price Received* 99.4% 96.8% - 2.6% 99.4% 96.8% - 2.6% Inventory of Homes for Sale 24 22 - 8.3% –– –– –– Months Supply of Inventory 4.6 3.9 - 15.2% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 0 0 –– 0 0 –– Pending Sales 0 0 –– 0 0 –– Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 1 0 - 100.0% –– –– –– Months Supply of Inventory 0.8 –– –– –– –– –– * 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 Manhattan 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $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 Greater Manhattan 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 14. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Greater Three Forks 4TC, 4TL, 4TN, 4TR, 4TSW Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 1 5 + 400.0% 1 5 + 400.0% Pending Sales 3 6 + 100.0% 3 6 + 100.0% Closed Sales 3 0 - 100.0% 3 0 - 100.0% Days on Market Until Sale 42 –– –– 42 –– –– Median Sales Price* $255,000 –– –– $255,000 –– –– Average Sales Price* $213,967 –– –– $213,967 –– –– Percent of List Price Received* 99.1% –– –– 99.1% –– –– Inventory of Homes for Sale 9 14 + 55.6% –– –– –– Months Supply of Inventory 2.7 2.9 + 7.4% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 1 0 - 100.0% 1 0 - 100.0% Pending Sales 1 0 - 100.0% 1 0 - 100.0% Closed Sales 2 0 - 100.0% 2 0 - 100.0% Days on Market Until Sale 240 –– –– 240 –– –– Median Sales Price* $215,000 –– –– $215,000 –– –– Average Sales Price* $215,000 –– –– $215,000 –– –– Percent of List Price Received* 100.0% –– –– 100.0% –– –– Inventory of Homes for Sale 2 0 - 100.0% –– –– –– Months Supply of Inventory 1.3 –– –– –– –– –– * 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 Three Forks 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Greater Three Forks 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 15. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Greater Big Sky 5CN, 5CS, 5BMT, 5BMV Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 7 4 - 42.9% 7 4 - 42.9% Pending Sales 6 9 + 50.0% 6 9 + 50.0% Closed Sales 0 8 –– 0 8 –– Days on Market Until Sale –– 131 –– –– 131 –– Median Sales Price* –– $1,400,000 –– –– $1,400,000 –– Average Sales Price* –– $1,334,250 –– –– $1,334,250 –– Percent of List Price Received* –– 96.2% –– –– 96.2% –– Inventory of Homes for Sale 73 56 - 23.3% –– –– –– Months Supply of Inventory 11.1 6.6 - 40.5% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 24 14 - 41.7% 24 14 - 41.7% Pending Sales 20 13 - 35.0% 20 13 - 35.0% Closed Sales 12 12 0.0% 12 12 0.0% Days on Market Until Sale 92 88 - 4.3% 92 88 - 4.3% Median Sales Price* $349,500 $431,000 + 23.3% $349,500 $431,000 + 23.3% Average Sales Price* $392,458 $511,292 + 30.3% $392,458 $511,292 + 30.3% Percent of List Price Received* 96.1% 97.1% + 1.0% 96.1% 97.1% + 1.0% Inventory of Homes for Sale 127 61 - 52.0% –– –– –– Months Supply of Inventory 8.9 4.2 - 52.8% –– –– –– * 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 1-2019 $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 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 16. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS West Yellowstone 5W Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 2 1 - 50.0% 2 1 - 50.0% Pending Sales 0 2 –– 0 2 –– Closed Sales 1 1 0.0% 1 1 0.0% Days on Market Until Sale 137 362 + 164.2% 137 362 + 164.2% Median Sales Price* $175,000 $489,000 + 179.4% $175,000 $489,000 + 179.4% Average Sales Price* $175,000 $489,000 + 179.4% $175,000 $489,000 + 179.4% Percent of List Price Received* 94.9% 100.0% + 5.4% 94.9% 100.0% + 5.4% Inventory of Homes for Sale 25 9 - 64.0% –– –– –– Months Supply of Inventory 8.1 3.2 - 60.5% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 0 0 –– 0 0 –– Pending Sales 0 0 –– 0 0 –– Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 0 2 –– –– –– –– Months Supply of Inventory –– –– –– –– –– –– * 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 West Yellowstone 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $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 West Yellowstone 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 17. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Livingston City Limits 6C Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 9 11 + 22.2% 9 11 + 22.2% Pending Sales 5 8 + 60.0% 5 8 + 60.0% Closed Sales 9 5 - 44.4% 9 5 - 44.4% Days on Market Until Sale 34 79 + 132.4% 34 79 + 132.4% Median Sales Price* $238,500 $160,000 - 32.9% $238,500 $160,000 - 32.9% Average Sales Price* $240,578 $166,200 - 30.9% $240,578 $166,200 - 30.9% Percent of List Price Received* 93.9% 92.9% - 1.1% 93.9% 92.9% - 1.1% Inventory of Homes for Sale 25 20 - 20.0% –– –– –– Months Supply of Inventory 2.0 1.7 - 15.0% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 3 2 - 33.3% 3 2 - 33.3% Pending Sales 3 4 + 33.3% 3 4 + 33.3% Closed Sales 2 2 0.0% 2 2 0.0% Days on Market Until Sale 1 162 + 16,100.0% 1 162 + 16,100.0% Median Sales Price* $218,000 $247,450 + 13.5% $218,000 $247,450 + 13.5% Average Sales Price* $218,000 $247,450 + 13.5% $218,000 $247,450 + 13.5% Percent of List Price Received* 100.0% 86.6% - 13.4% 100.0% 86.6% - 13.4% Inventory of Homes for Sale 7 12 + 71.4% –– –– –– Months Supply of Inventory 2.3 3.3 + 43.5% –– –– –– * 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 1-2019 $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 1-2019 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 18. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Butte 10BE, 10BNE, 10BS4, 10BS9, 10BW, 10BWM Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 36 30 - 16.7% 36 30 - 16.7% Pending Sales 18 28 + 55.6% 18 28 + 55.6% Closed Sales 25 27 + 8.0% 25 27 + 8.0% Days on Market Until Sale 76 50 - 34.2% 76 50 - 34.2% Median Sales Price* $142,000 $110,000 - 22.5% $142,000 $110,000 - 22.5% Average Sales Price* $170,999 $121,209 - 29.1% $170,999 $121,209 - 29.1% Percent of List Price Received* 96.5% 94.5% - 2.1% 96.5% 94.5% - 2.1% Inventory of Homes for Sale 98 87 - 11.2% –– –– –– Months Supply of Inventory 3.2 2.5 - 21.9% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 1 0 - 100.0% 1 0 - 100.0% Pending Sales 1 0 - 100.0% 1 0 - 100.0% Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 4 3 - 25.0% –– –– –– Months Supply of Inventory 4.0 2.3 - 42.5% –– –– –– * 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 Butte 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Butte 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 19. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Gallatin County Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 123 113 - 8.1% 123 113 - 8.1% Pending Sales 106 122 + 15.1% 106 122 + 15.1% Closed Sales 70 55 - 21.4% 70 55 - 21.4% Days on Market Until Sale 60 106 + 76.7% 60 106 + 76.7% Median Sales Price* $392,500 $476,500 + 21.4% $392,500 $476,500 + 21.4% Average Sales Price* $445,067 $702,789 + 57.9% $445,067 $702,789 + 57.9% Percent of List Price Received* 98.9% 96.9% - 2.0% 98.9% 96.9% - 2.0% Inventory of Homes for Sale 417 364 - 12.7% –– –– –– Months Supply of Inventory 3.3 2.8 - 15.2% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 60 58 - 3.3% 60 58 - 3.3% Pending Sales 64 53 - 17.2% 64 53 - 17.2% Closed Sales 46 41 - 10.9% 46 41 - 10.9% Days on Market Until Sale 67 60 - 10.4% 67 60 - 10.4% Median Sales Price* $279,750 $333,200 + 19.1% $279,750 $333,200 + 19.1% Average Sales Price* $352,562 $393,709 + 11.7% $352,562 $393,709 + 11.7% Percent of List Price Received* 98.7% 98.3% - 0.4% 98.7% 98.3% - 0.4% Inventory of Homes for Sale 228 164 - 28.1% –– –– –– Months Supply of Inventory 3.5 2.5 - 28.6% –– –– –– * 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 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 20. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Park County 6C, 6E, 6G, 6N, 6NW, 6PVE, 6PVW, 6SV, 6SW Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 12 12 0.0% 12 12 0.0% Pending Sales 6 10 + 66.7% 6 10 + 66.7% Closed Sales 16 6 - 62.5% 16 6 - 62.5% Days on Market Until Sale 125 79 - 36.8% 125 79 - 36.8% Median Sales Price* $276,000 $165,000 - 40.2% $276,000 $165,000 - 40.2% Average Sales Price* $363,888 $237,667 - 34.7% $363,888 $237,667 - 34.7% Percent of List Price Received* 92.9% 92.7% - 0.2% 92.9% 92.7% - 0.2% Inventory of Homes for Sale 59 45 - 23.7% –– –– –– Months Supply of Inventory 3.4 2.9 - 14.7% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 4 2 - 50.0% 4 2 - 50.0% Pending Sales 3 4 + 33.3% 3 4 + 33.3% Closed Sales 2 2 0.0% 2 2 0.0% Days on Market Until Sale 1 162 + 16,100.0% 1 162 + 16,100.0% Median Sales Price* $218,000 $247,450 + 13.5% $218,000 $247,450 + 13.5% Average Sales Price* $218,000 $247,450 + 13.5% $218,000 $247,450 + 13.5% Percent of List Price Received* 100.0% 86.6% - 13.4% 100.0% 86.6% - 13.4% Inventory of Homes for Sale 8 12 + 50.0% –– –– –– Months Supply of Inventory 2.5 3.3 + 32.0% –– –– –– * 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 Park County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Park County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 21. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Silver Bow County 10BE, 10BNE, 10BS4, 10BS9, 10BW, 10BWM, 10NEB, 10OB, 10RA, 10W Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 38 32 - 15.8% 38 32 - 15.8% Pending Sales 18 29 + 61.1% 18 29 + 61.1% Closed Sales 25 27 + 8.0% 25 27 + 8.0% Days on Market Until Sale 76 50 - 34.2% 76 50 - 34.2% Median Sales Price* $142,000 $110,000 - 22.5% $142,000 $110,000 - 22.5% Average Sales Price* $170,999 $121,209 - 29.1% $170,999 $121,209 - 29.1% Percent of List Price Received* 96.5% 94.5% - 2.1% 96.5% 94.5% - 2.1% Inventory of Homes for Sale 104 90 - 13.5% –– –– –– Months Supply of Inventory 3.4 2.5 - 26.5% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 1 0 - 100.0% 1 0 - 100.0% Pending Sales 1 0 - 100.0% 1 0 - 100.0% Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 4 3 - 25.0% –– –– –– Months Supply of Inventory 4.0 2.3 - 42.5% –– –– –– * 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 Silver Bow County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Silver Bow County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 22. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Deer Lodge County 10A, 10GL, 10H Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 6 10 + 66.7% 6 10 + 66.7% Pending Sales 11 6 - 45.5% 11 6 - 45.5% Closed Sales 2 9 + 350.0% 2 9 + 350.0% Days on Market Until Sale 184 62 - 66.3% 184 62 - 66.3% Median Sales Price* $205,000 $133,000 - 35.1% $205,000 $133,000 - 35.1% Average Sales Price* $205,000 $148,378 - 27.6% $205,000 $148,378 - 27.6% Percent of List Price Received* 80.2% 94.9% + 18.3% 80.2% 94.9% + 18.3% Inventory of Homes for Sale 39 38 - 2.6% –– –– –– Months Supply of Inventory 5.4 4.0 - 25.9% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 0 0 –– 0 0 –– Pending Sales 0 0 –– 0 0 –– Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 2 2 0.0% –– –– –– Months Supply of Inventory –– –– –– –– –– –– * 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 Deer Lodge County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Deer Lodge County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 23. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Beaverhead County 7B Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 12 13 + 8.3% 12 13 + 8.3% Pending Sales 3 8 + 166.7% 3 8 + 166.7% Closed Sales 2 7 + 250.0% 2 7 + 250.0% Days on Market Until Sale 48 107 + 122.9% 48 107 + 122.9% Median Sales Price* $242,500 $196,000 - 19.2% $242,500 $196,000 - 19.2% Average Sales Price* $242,500 $202,500 - 16.5% $242,500 $202,500 - 16.5% Percent of List Price Received* 94.5% 95.4% + 1.0% 94.5% 95.4% + 1.0% Inventory of Homes for Sale 56 50 - 10.7% –– –– –– Months Supply of Inventory 8.2 5.7 - 30.5% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 0 0 –– 0 0 –– Pending Sales 0 0 –– 0 0 –– Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 4 0 - 100.0% –– –– –– Months Supply of Inventory 4.0 –– –– –– –– –– * 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 Beaverhead County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Beaverhead County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 24. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Madison County 7M, 7MM, 7R Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 15 4 - 73.3% 15 4 - 73.3% Pending Sales 7 5 - 28.6% 7 5 - 28.6% Closed Sales 9 5 - 44.4% 9 5 - 44.4% Days on Market Until Sale 92 145 + 57.6% 92 145 + 57.6% Median Sales Price* $344,500 $260,500 - 24.4% $344,500 $260,500 - 24.4% Average Sales Price* $372,344 $295,100 - 20.7% $372,344 $295,100 - 20.7% Percent of List Price Received* 96.0% 92.7% - 3.4% 96.0% 92.7% - 3.4% Inventory of Homes for Sale 96 81 - 15.6% –– –– –– Months Supply of Inventory 10.0 9.3 - 7.0% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 1 0 - 100.0% 1 0 - 100.0% Pending Sales 0 0 –– 0 0 –– Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 0 0 –– –– –– –– Months Supply of Inventory –– –– –– –– –– –– * 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 Madison County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Madison County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 25. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Jefferson County 7J, 7TJ Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 5 2 - 60.0% 5 2 - 60.0% Pending Sales 3 2 - 33.3% 3 2 - 33.3% Closed Sales 3 0 - 100.0% 3 0 - 100.0% Days on Market Until Sale 98 –– –– 98 –– –– Median Sales Price* $320,000 –– –– $320,000 –– –– Average Sales Price* $320,667 –– –– $320,667 –– –– Percent of List Price Received* 93.9% –– –– 93.9% –– –– Inventory of Homes for Sale 20 17 - 15.0% –– –– –– Months Supply of Inventory 5.7 4.4 - 22.8% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 0 0 –– 0 0 –– Pending Sales 0 0 –– 0 0 –– Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 0 0 –– –– –– –– Months Supply of Inventory –– –– –– –– –– –– * 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 Jefferson County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Jefferson County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 26. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Broadwater County 9A, 9TB Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 8 4 - 50.0% 8 4 - 50.0% Pending Sales 2 2 0.0% 2 2 0.0% Closed Sales 3 4 + 33.3% 3 4 + 33.3% Days on Market Until Sale 31 87 + 180.6% 31 87 + 180.6% Median Sales Price* $245,000 $257,950 + 5.3% $245,000 $257,950 + 5.3% Average Sales Price* $236,600 $256,700 + 8.5% $236,600 $256,700 + 8.5% Percent of List Price Received* 101.5% 97.0% - 4.4% 101.5% 97.0% - 4.4% Inventory of Homes for Sale 15 31 + 106.7% –– –– –– Months Supply of Inventory 3.6 7.9 + 119.4% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 0 0 –– 0 0 –– Pending Sales 0 0 –– 0 0 –– Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 0 0 –– –– –– –– Months Supply of Inventory –– –– –– –– –– –– * 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 Broadwater County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Broadwater County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.
  • 27. Local Market Update – January 2019 This is a research tool provided by the Big Sky Country MLS Sweet Grass County 8B, 8S Single Family January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 1 4 + 300.0% 1 4 + 300.0% Pending Sales 1 6 + 500.0% 1 6 + 500.0% Closed Sales 2 0 - 100.0% 2 0 - 100.0% Days on Market Until Sale 68 –– –– 68 –– –– Median Sales Price* $195,000 –– –– $195,000 –– –– Average Sales Price* $195,000 –– –– $195,000 –– –– Percent of List Price Received* 92.0% –– –– 92.0% –– –– Inventory of Homes for Sale 22 21 - 4.5% –– –– –– Months Supply of Inventory 7.5 6.0 - 20.0% –– –– –– Condo/Townhouse January Year to Date Key Metrics 2018 2019 % Change Thru 1-2018 Thru 1-2019 % Change New Listings 0 0 –– 0 0 –– Pending Sales 0 0 –– 0 0 –– Closed Sales 0 0 –– 0 0 –– Days on Market Until Sale –– –– –– –– –– –– Median Sales Price* –– –– –– –– –– –– Average Sales Price* –– –– –– –– –– –– Percent of List Price Received* –– –– –– –– –– –– Inventory of Homes for Sale 0 0 –– –– –– –– Months Supply of Inventory –– –– –– –– –– –– * 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 Sweet Grass County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Median Sales Price - Condo Rolling 12-Month Calculation Gallatin County Sweet Grass County 1-2003 1-2005 1-2007 1-2009 1-2011 1-2013 1-2015 1-2017 1-2019 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Current as of February 10, 2019. All data from Big Sky Country Multiple Listing Service®. Report © 2019 ShowingTime.