Bozeman Luxury Real Estate Listings (over $700,000) – Top Luxury Real Estate Agents In Bozeman
November 2021: Bozeman luxury residential property costs $1,192,400 (average), up ⇑ $72,100 from November 2020.
From November 2020 to November 2021, average sales prices for luxury properties (homes, condos, townhouses only) increased an average of ⇑ $72,100 inside and outside Bozeman combined. Nonetheless, prices have been dropping since April 2021.
The 2021 forecast for Bozeman–inside and outside the city–called for continued price increases–median ⇑ but average ⇓–and a declining number of luxury properties for sale. This is what we have seen through most 2021.
Luxury Residential Focus
Chart 1: Q4, 2021 average sales price for luxury residential inside Bozeman is $1,001,500 and outside city limits is $1,404,000 million.
Average sales price for all Bozeman luxury residential is $1,192,400 in November 2021, down ⇓ $33,650 or ⇓ 2.7% from April 2021’s year high of $1,226,000.
In the last 12 months, average sales prices for luxury residential in greater Bozeman have increased ⇑ $60,000 or just ⇑ 5%.
In the past year, luxury residential average sales price inside Bozeman increased ⇑ $128,000 or ⇑ 12.8%. Outside city limits, median luxury residential sale prices increased ⇑ $99,500 or ⇑ 7.1%.
Chart 2: Q4, 2021 for sale numbers for luxury residential listings are flat ⇔. In the last 10 years in greater Bozeman, June 2020 has the record 156. Presently, greater Bozeman has 83.
Bozeman Luxury Real Estate Market History: Homes
In 2019 inside Bozeman, median sales price declined ⇓ $90,000. Also, in 2019, median sale prices outside Bozeman began the year around $950,000 but finished down ⇓ $35,000 at $915,000 in December.
For 2018 inside Bozeman, median sales prices increased ⇑ $40,000. Outside city limits, prices increased ⇑ $50,000 in 2018.
During 2017, median sales price for Bozeman luxury real estate saw a strong price increase, ⇑ $51,000, inside the city and a simultaneous strong decrease of ⇓ $90,000 outside the city.
