Gallatin County housing information for May of 2018 including Three Forks, Livingston, Big Sky, and Bozeman

1. 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 June 4, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
May Homes for Sale
Bozeman & Belgrade & Three Forks & Big Sky
0
100
200
300
400
500
2016 2017 2018
444
365
312
-17.8% -14.5%
75
55
67
-26.7% +21.8%
20
39
28
+95.0% -28.2%
252
202
144
-19.8% -28.7%
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 June 4, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
May New Listings
Bozeman & Belgrade & Three Forks & Big Sky
0
50
100
150
200
250
2016 2017 2018
211 211
192
0.0% -9.0%
65 63
76
-3.1% +20.6%
12 15 12
+25.0% -20.0%
32 29
20
-9.4% -31.0%
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 June 4, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
May Pending Sales
Bozeman & Belgrade & Three Forks & Big Sky
0
50
100
150
200
2016 2017 2018
179
162
152
-9.5% -6.2%
55
47
64
-14.5% +36.2%
8 6
14
-25.0% +133.3%
14 12
16
-14.3% +33.3%
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 June 4, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
May Closed Sales
Bozeman & Belgrade & Three Forks & Big Sky
0
25
50
75
100
125
150
175
2016 2017 2018
158
146
154
-7.6% +5.5%
34 36
45
+5.9% +25.0%
6 7 6
+16.7% -14.3%
20
24
30
+20.0% +25.0%
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 June 4, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
May Closed Sales
Bozeman & Belgrade & Three Forks & Big Sky
0
100
200
300
400
500
600
700
2016 2017 2018
557
515
558
-7.5% +8.3%
141
162 162
+14.9% 0.0%
23 16 25
-30.4% +56.3%
87
101
124
+16.1% +22.8%
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 activity year to date. Data is from June 4, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
May Average Sales Price
Bozeman & Belgrade & Three Forks & Big Sky
$0
$0.2M
$0.4M
$0.6M
$0.8M
$1.0M
2016 2017 2018
$369,957
$421,705
$466,295
+14.0% +10.6%
$250,273
$287,524
$312,915
+14.9% +8.8%
$231,319
$203,984
$253,328
-11.8% +24.2%
$674,063
$738,960
$883,437
+9.6% +19.6%
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 June 4, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
May Months Supply of Homes for Sale
Bozeman & Belgrade & Three Forks & Big Sky
0.0
10.0
2.5
5.0
7.5
12.5
15.0
17.5
2016 2017 2018
3.3
2.9
2.5
-12.1% -13.8%
2.2
1.5 1.7
-31.8% +13.3%
3.4
7.5
3.5
+120.6% -53.3%
13.7
9.1
6.0
-33.6% -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 June 4, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
May Median Days on Market
Bozeman & Belgrade & Three Forks & Big Sky
0
20
40
60
80
100
120
2016 2017 2018
33
11 11
-66.7% 0.0%
18
9
13
-50.0% +44.4%
12
41
50
+241.7% +22.0%
101
107
57
+5.9% -46.7%
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 June 4, 2018.
All data from Big Sky Country MLS, a subsidiary of the Gallatin Association of REALTORS®. InfoSparks © 2018 ShowingTime.
May Average Price Per Square Foot
Bozeman & Belgrade & Three Forks & Big Sky
$0
$100
$200
$300
$400
$500
2016 2017 2018
$172
$194
$219
+12.8% +12.9%
$134
$156
$184
+16.4% +17.9%
$122
$136
$191
+11.5% +40.4%
$304
$266
$379
-12.5% +42.5%
Bozeman Belgrade Three Forks Big Sky

10. Local Market Update – April 2018
This is a research tool provided by the Big Sky Country MLS
Bozeman City Limits
Single Family April Year to Date
Key Metrics 2017 2018 % Change Thru 4-2017 Thru 4-2018 % Change
New Listings 64 52 - 18.8% 230 215 - 6.5%
Pending Sales 64 62 - 3.1% 198 209 + 5.6%
Closed Sales 40 54 + 35.0% 134 163 + 21.6%
Days on Market Until Sale 70 70 0.0% 77 60 - 22.1%
Median Sales Price* $389,450 $429,950 + 10.4% $362,000 $425,000 + 17.4%
Average Sales Price* $420,210 $461,846 + 9.9% $411,800 $462,773 + 12.4%
Percent of List Price Received* 99.4% 98.9% - 0.5% 99.7% 99.3% - 0.4%
Inventory of Homes for Sale 115 85 - 26.1% –– –– ––
Months Supply of Inventory 2.4 1.8 - 25.0% –– –– ––
Condo/Townhouse April Year to Date
Key Metrics 2017 2018 % Change Thru 4-2017 Thru 4-2018 % Change
New Listings 58 44 - 24.1% 183 151 - 17.5%
Pending Sales 46 49 + 6.5% 159 159 0.0%
Closed Sales 29 32 + 10.3% 109 115 + 5.5%
Days on Market Until Sale 58 69 + 19.0% 124 72 - 41.9%
Median Sales Price* $279,900 $303,065 + 8.3% $278,279 $299,900 + 7.8%
Average Sales Price* $320,197 $311,038 - 2.9% $334,173 $355,235 + 6.3%
Percent of List Price Received* 99.0% 99.7% + 0.7% 99.6% 99.6% 0.0%
Inventory of Homes for Sale 67 71 + 6.0% –– –– ––
Months Supply of Inventory 1.8 1.9 + 5.6% –– –– ––
* 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 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 May 10, 2018. All data from Big Sky Country Multiple Listing Service®. Report © 2018 ShowingTime.

11. Local Market Update – April 2018
This is a research tool provided by the Big Sky Country MLS
Belgrade
Single Family April Year to Date
Key Metrics 2017 2018 % Change Thru 4-2017 Thru 4-2018 % Change
New Listings 31 35 + 12.9% 121 119 - 1.7%
Pending Sales 37 35 - 5.4% 127 111 - 12.6%
Closed Sales 27 28 + 3.7% 96 87 - 9.4%
Days on Market Until Sale 36 13 - 63.9% 61 41 - 32.8%
Median Sales Price* $279,500 $286,000 + 2.3% $275,000 $285,000 + 3.6%
Average Sales Price* $302,430 $296,677 - 1.9% $299,139 $324,601 + 8.5%
Percent of List Price Received* 99.4% 99.4% 0.0% 98.6% 98.9% + 0.3%
Inventory of Homes for Sale 27 40 + 48.1% –– –– ––
Months Supply of Inventory 1.0 1.4 + 40.0% –– –– ––
Condo/Townhouse April Year to Date
Key Metrics 2017 2018 % Change Thru 4-2017 Thru 4-2018 % Change
New Listings 10 10 0.0% 31 39 + 25.8%
Pending Sales 8 10 + 25.0% 29 34 + 17.2%
Closed Sales 8 10 + 25.0% 18 21 + 16.7%
Days on Market Until Sale 12 15 + 25.0% 28 30 + 7.1%
Median Sales Price* $192,450 $242,450 + 26.0% $174,250 $211,000 + 21.1%
Average Sales Price* $190,988 $240,840 + 26.1% $178,006 $228,410 + 28.3%
Percent of List Price Received* 100.1% 100.0% - 0.1% 99.8% 99.5% - 0.3%
Inventory of Homes for Sale 8 13 + 62.5% –– –– ––
Months Supply of Inventory 1.1 1.8 + 63.6% –– –– ––
* 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
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
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 May 10, 2018. All data from Big Sky Country Multiple Listing Service®. Report © 2018 ShowingTime.

12. Local Market Update – April 2018
This is a research tool provided by the Big Sky Country MLS
Greater Big Sky
Single Family April Year to Date
Key Metrics 2017 2018 % Change Thru 4-2017 Thru 4-2018 % Change
New Listings 7 4 - 42.9% 30 36 + 20.0%
Pending Sales 8 13 + 62.5% 25 45 + 80.0%
Closed Sales 6 10 + 66.7% 18 27 + 50.0%
Days on Market Until Sale 192 151 - 21.4% 172 157 - 8.7%
Median Sales Price* $2,135,000 $1,518,000 - 28.9% $1,067,500 $1,471,500 + 37.8%
Average Sales Price* $2,107,500 $2,210,356 + 4.9% $1,469,327 $1,830,341 + 24.6%
Percent of List Price Received* 93.3% 94.9% + 1.7% 95.1% 97.3% + 2.3%
Inventory of Homes for Sale 78 49 - 37.2% –– –– ––
Months Supply of Inventory 12.3 6.0 - 51.2% –– –– ––
Condo/Townhouse April Year to Date
Key Metrics 2017 2018 % Change Thru 4-2017 Thru 4-2018 % Change
New Listings 11 10 - 9.1% 65 62 - 4.6%
Pending Sales 18 8 - 55.6% 73 73 0.0%
Closed Sales 15 25 + 66.7% 51 62 + 21.6%
Days on Market Until Sale 85 157 + 84.7% 166 122 - 26.5%
Median Sales Price* $413,000 $460,000 + 11.4% $372,500 $387,900 + 4.1%
Average Sales Price* $464,037 $582,531 + 25.5% $475,912 $487,195 + 2.4%
Percent of List Price Received* 99.3% 96.5% - 2.8% 96.6% 96.7% + 0.1%
Inventory of Homes for Sale 97 93 - 4.1% –– –– ––
Months Supply of Inventory 6.3 6.5 + 3.2% –– –– ––
* 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 May 10, 2018. All data from Big Sky Country Multiple Listing Service®. Report © 2018 ShowingTime.

13. Local Market Update – April 2018
This is a research tool provided by the Big Sky Country MLS
Livingston City Limits
Single Family April Year to Date
Key Metrics 2017 2018 % Change Thru 4-2017 Thru 4-2018 % Change
New Listings 18 12 - 33.3% 54 42 - 22.2%
Pending Sales 14 14 0.0% 59 40 - 32.2%
Closed Sales 15 11 - 26.7% 39 36 - 7.7%
Days on Market Until Sale 79 67 - 15.2% 77 46 - 40.3%
Median Sales Price* $229,900 $278,000 + 20.9% $215,000 $265,000 + 23.3%
Average Sales Price* $234,869 $295,060 + 25.6% $228,463 $267,815 + 17.2%
Percent of List Price Received* 95.9% 97.1% + 1.3% 96.6% 96.9% + 0.3%
Inventory of Homes for Sale 27 23 - 14.8% –– –– ––
Months Supply of Inventory 2.3 2.0 - 13.0% –– –– ––
Condo/Townhouse April Year to Date
Key Metrics 2017 2018 % Change Thru 4-2017 Thru 4-2018 % Change
New Listings 3 4 + 33.3% 6 10 + 66.7%
Pending Sales 2 7 + 250.0% 3 13 + 333.3%
Closed Sales 1 0 - 100.0% 2 9 + 350.0%
Days on Market Until Sale 14 –– –– 45 38 - 15.6%
Median Sales Price* $325,000 –– –– $236,500 $218,000 - 7.8%
Average Sales Price* $325,000 –– –– $236,500 $217,878 - 7.9%
Percent of List Price Received* 92.9% –– –– 94.8% 97.1% + 2.4%
Inventory of Homes for Sale 4 3 - 25.0% –– –– ––
Months Supply of Inventory 2.4 0.8 - 66.7% –– –– ––
* 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
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
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 May 10, 2018. All data from Big Sky Country Multiple Listing Service®. Report © 2018 ShowingTime.