Bozeman Luxury Homes For Sale – March 2021 Luxury Homes Market Report
Taunya Fagan @ ESTATE House – Top Bozeman Luxury Real Estate Agents
March 2021: The number of Bozeman, Montana luxury homes for sale ⇓ continues declining, dropping from 110 in December 2020 to 100 in March 2021. Median sales prices ⇑ for Bozeman luxury homes are $805,000 inside Bozeman and $995,000 outside Bozeman.
Bozeman Luxury Home Listings For 2021 – Continuous Updates
According to recent polls by NAR, WSJ, and others, almost 50% of Gen X luxury buyers want a suburban setting with a detached house, ~35% want a pool, ~35% a smart house. The Gen X luxury residential buyer also wanted specialty rooms, room(s) for visitors/family, proximity to entertainment and dining, and nearby recreational opportunities among other things.
2014 – 2021 Bozeman Luxury Homes Data – ‘Want Condo and Townhome Listings and Data?
Bozeman Luxury Homes Median Sales Price
Q1 2021: luxury home median sales prices began 2021 on an a slight upswing inside the city.
Outside Bozeman in Q1 2021, median sales price ⇑ is $80,000 above January 2020’s $915,000. Luxury prices ⇓ outside Bozeman have tipped downward $3,500 since January 2021.
Looking Back At 2020
Median luxury home sales prices inside and outside Bozeman city limits were flat in Q1 but began rising in Q2 as Covid set in and people fled urban centers and Coronavirus hotbeds.
In 2020, median sales prices outside the city were vibrant, beginning their upward trend in April.
Q3-Q4 2020: median luxury home sale prices inside Bozeman’s city limits peaked for the year at $816,375 in August 2020, dropping slightly, to $797,000, in October and hover in the low $800,000’s in March 2021.
Outside Bozeman city limits, median luxury sales prices rose to $975,000 in September 2020 and are over $995,000 in March 2021.
Number Luxury Homes For Sale (over $700,000)
In March 2020, the number of luxury homes available inside Bozeman’s city limits was around 30. The number of homes for sale ⇓ has been falling since July 2020 (32) and is 26 in March 2021.
During Q1 and into Q2 2020, luxury homes for sale outside of Bozeman’s city limits were rising, topping out in June at 108; the number ⇓ of homes for sale outside Bozeman has been falling ever since June 2020 and that trend continues into March 2021, with just 74 luxury homes for sale in Bozeman, MT.
Bozeman’s luxury home supply inside the city limits began decreasing in July 2020 and continues in Q1 2021.
Some of the popular Bozeman subdivisions include:
- Downtown: Historic Willson Street, The Village Downtown
- Northside: Autumn Ridge Ranch, Bridger Canyon, The Homestead, Jackson Creek, Kelly Canyon, Manley Meadows, Old Farm, Spain Bridge Meadows, Springhill Reserve, Summer Ridge, Spirit Hills, Ross Creek Ranch
- Southside: Gardiner Park, Oak Springs, Saddle Ridge, Northridge Ranch, Triple Tree, Sourdough Ridge, Sundance Springs, West Meadows
- Eastside: Bear Canyon, Eagle Rock Reserve, Painted Hills, Trail Creek, S. Kelly Canyon
- Westside: Black Bull, Gallatin River Preserve, Green Hills Ranch, Montana Ranch, Westlake Park, Wylie Creek Ranch, Fox Run, Cameron Bridge Estates
Taunya Fagan Bozeman Luxury Homes @ ESTATE House, giving you the advantage… 3960 Valley Commons Drive, Suite 1, Bozeman, Montana 59718 – 406.579.9683