Bozeman Luxury Homes For Sale – 2020 Luxury Market Report
Taunya Fagan @ ESTATE House – Top Bozeman Luxury Real Estate Agent
The number of Bozeman luxury homes for sale (above $700,000) inside and outside the city of Bozeman, Montana and on large parcels or in subdivisions is around 160, and median sales prices are approximately $793,000 inside the city and $912,000 outside Bozeman’s city limits.
Bozeman Luxury Home Listings For 2020
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.
2020 Data Update, Bozeman Luxury Homes – ‘Want Condo and Townhome Listings and Data?
Bozeman Luxury Homes Median Sales Price
Q3 2020: “Median luxury home sale prices” inside Bozeman’s city limits are $809,000 in August 2020. Prices topped $800,000 in June, the first time since June 2019.
Outside Bozeman city limits, “median luxury sales prices” have risen $7,000, from $915,000 in Q3 2019 to $922,000 in Q3 2020.
In Q1, 2020, “median luxury sales prices” for residential luxury homes inside and outside Bozeman city limits began rising through late Q2.
In Bozeman, median prices look to be rising in Q3 2020. Outside the city, median prices are flattening.
Bozeman Luxury Homes Availability
During Q1 2020, the number of luxury homes available inside Bozeman’s city limits was around 30 and continue a bit above 30 into Q3.
During Q1 and into Q2 2020, luxury homes for sale outside of Bozeman’s city limits were rising, topping out in June at 107 and the number of luxury homes for sale has been falling into Q3 2020.
Bozeman’s luxury home supply inside the city limits has been slightly increasing since Q1.
Some of the popular Bozeman luxury home 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