SW Montana Luxury Real Estate
Montana Luxury Home, Condo, Townhome Market Update
Bozeman Luxury Real Estate Listings – Belgrade Montana Real Estate Listings – Big Sky Real Estate Listings – Gallatin Gateway Real Estate Listings – Livingston Montana Real Estate Listings – Manhattan MT Real Estate Listings – Three Forks Montana Real Estate Listings
Well into Q1 2025: Montana Luxury Residential Real Estate (over $1,000,000)
Chart 1: Q4 2024 update: median price for homes, condos, and townhomes is down to $1,475,000.
Median price in February 2025 is $1,450,000.
In Q3 2024 median price was $1,717,750.
Q4 2023 median price was $1,435,000.
In Q4 2022, the luxury residential price was $1,690,000.
Q4 2021’s, median price was $1,650,000.
And, back in Q4 2020, price was $1,600,000.
Chart 2: At the end of Q4 2024 there were 914 luxury properties for sale in southwest Montana.
In Q4 2023, there were 727 luxury listings for sale compared to Q4 2022’s 706.
In Q4 2021 there were 328 luxury listings compared to Q4 2020’s 387.
Today, our luxury environment is more of a buyer’s market due to elevated inventory, 914, ⇓ 254, 21.8% since Q3 2024 but seller’s remain competitive.
New Luxury Listings
The number of luxury listings new to the market has declined by 338 since Q3 2024.
In Q4 2022 there were 322 listings.
In Q4 2021, there were 386 listings, and in Q4 2020, 525.
Days on Market, Luxury Sales
In Q4 2024 Days on Market was 46, in Q4 2023, 42.
In Q4 2022, Days on Market was 39, in Q4 2021, 11, and in Q4 2020, just 6!
Bozeman REALTOR®, Taunya Fagan has a proven record helping clients buy and sell Montana luxury real estate, from Montana luxury homes and residential properties to Montana luxury ranches and land.
Taunya Fagan Bozeman Luxury Real Estate – Boutique Luxury @ ESTATE House, giving you the advantage – 406.579.9683
