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 Q4 2024: Montana Luxury Residential Real Estate (over $1,000,000)
Chart 1: Q3 2024 update: median price for homes, condos, and townhomes is increasing.
In Q3 2024 median price was $1,717,750.
Q3 2023 median price was $1,577,000.
In Q3 2022, the luxury residential price was $1,470,688.
Q3 2021’s, median price was $1,550,000.
And, back in Q3 2020, price was $1,655,000.
Chart 2: At the end of Q3 2024 there were 691 luxury properties for sale in southwest Montana.
In Q3 2023, there were 585 luxury listings for sale compared to Q3 2022’s 563.
In Q1 2021 there were 342 luxury listings compared to Q1 2020’s 691.
Today, our luxury environment is more of a buyer’s market due to luxury inventory but seller’s remain competitive, especially under $1,000,000.
New Luxury Listings
The number of luxury listings new to the market has declined by 101 since last quarter, Q2 2024.
Entering Q4 2024 there were 332 luxury properties for sale.
In Q3 2023, there were 302 new listings, Q3 2022, 312 listings.
In Q3 2021, there were 261 listings, and in Q3 2020, 204.
Days on Market, Luxury Sales
In Q3 2024 Days on Market was 34, in Q3 2023, 36.
In Q3 2022, Days on Market was 18, in Q3 2021, 20, and in Q3 2020, 87.
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
