BIG SKY 2013 1st QUARTER REPORT COVERING BIG SKY RESORT, MOONLIGHT BASIN RESORT, GALLATIN CANYON, MEADOW VILLAGE, THE CLUB AT SPANISH PEAKS AND YELLOWSTONE CLUB
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Post Office Box 160056 Big Sky, Montana 59716 bigskysothebysrealty.com
{ 11%
Inventory was down
This is current contract!
pending data for our area.
Subdivision Aspen Groves Beaverhead Buck Ridge Ranch Cascade Cedar Creek Firelight Meadows Glacier Grey Drake Grey Wolf Hidden Village Hill Condos Meadow Village Moonlight Basin Powder Ridge Ramshorn View Estates Shoshone Silverbow South Fork The Club at Spanish Peaks Summit Hotel Condo The Pines Yellowstone Club Totals
Homes 1 2
2 1 2
1 9
Condos 1 1 5 1 1 4 2 3 4 1 1 1 2 1 28
from Q1 - 2012
}
Big Sky has 45 residential properties under Land 1
1
<$300,000 1
>$300,000
1 5 1 1 4 2
2 1 1 2
8
1 1 1 1 1 2 22
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1 2
>$1Million 1
1
2 5 4 2
1 1 19
1
1 1 4
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SINGLE FAMILY HOMES SALES
1ST QUARTER SINGLE FAMILY HOME SALES: WHERE PROPERTIES ARE SELLING AND SOLD PRICES
Source of all data contained in this report is the Gallatin Association of Realtors, Multiple Listing Service. Information is consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. Consult your Big Sky Sotheby’s Int’l Realty sales associate for more information.
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THE GREATER BIG SKY AREA SINGLE-‐FAMILY
SALES VOLUME
2007 $65,425,750 % CHANGE
-‐16.57
2008 $54,583,500 % CHANGE
-‐36.77
2009 $34,512,715 % CHANGE
15.80
2010 $39,965,150 % CHANGE
45.77
2011 $58,256,984 % CHANGE
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
# OF LISTINGS
45
182
$1,406,515
$4,300,000
$151,000
$1,237,500
*
-‐33.33
36.26
43.27
15.70
55.63
46.16
30
248
$2,015,173
$4,975,000
$235,000
$1,808,750
10.00
3.23
-‐51.59
-‐16.11
6.38
-‐59.75
33
256
$975,645
$4,173,715
$250,000
$728,000
138
33.33
-‐5.86
-‐14.50
16.20
-‐67.60
-‐1.79
2.17
44
241
$834,146
$4,850,000
$81,000
$715,000
141
25.00
19.92
26.98
9.28
-‐7.41
-‐66.08
-‐24.11
55
289
$1,059,218
$5,300,000
$75,000
$242,500
107
1.82
-‐34.26
-‐11.18
-‐36.60
133.33
188.66
-‐1.87
# OF SALES
-‐8.44
2012 $53,341,275
56
190
$940,844
$3,360,000
$175,000
$700,000
105
-‐69.64
32.11
24.46
-‐19.64
32.46
-‐12.14
0.00
17
251
$1,170,959
$2,700,000
$231,800
$615,000
105
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
SALES VOLUME $55,115,238 -‐31.84 $37,564,284 -‐46.76 $19,998,150 55.18 $31,033,026 28.16 $39,771,347 -‐10.30 $35,673,088
# OF SALES 72 -‐19.44 58 1.72 59 61.02 95 37.89 131 -‐12.98 114
AVG. DAYS ON MARKET 193 71.50 331 -‐16.31 277 -‐5.05 263 -‐17.49 217 6.91 232
AVG. SALE $654,776 -‐1.09 $647,660 -‐46.72 $345,042 -‐9.35 $312,774 -‐2.93 $303,598 3.07 $312,922
HIGH SALE $2,225,000 24.94 $2,780,000 -‐46.04 $1,500,000 26.67 $1,900,000 26.32 $2,400,000 -‐40.42 $1,430,000
LOW SALE $140,000 -‐70.00 $42,000 66.67 $70,000 -‐35.71 $45,000 -‐46.67 $24,000 66.67 $40,000
MEDIAN SALE $454,500 3.40 $469,950 -‐46.80 $250,000 -‐6.00 $235,000 -‐22.55 $182,000 9.89 $200,000
% CHANGE
-‐70.83
-‐79.82
-‐18.10
44.58
2.80
132.50
60.00
0.00
23
190
$452,410
$1,470,000
$93,000
$320,000
174
2007 % CHANGE 2008 % CHANGE 2009 % CHANGE 2010 % CHANGE 2011 % CHANGE 2012
SALES VOLUME $20,790,750 32.97 $27,644,937 -‐63.01 $10,226,550 53.18 $15,665,000 -‐26.04 $11,586,050 27.86 $14,813,900
# OF SALES 22 45.45 32 -‐25.00 24 33.33 32 -‐18.75 26 88.46 49
AVG. DAYS ON MARKET 262 28.24 336 -‐36.61 213 -‐7.98 196 47.45 289 10.38 319
AVG. SALE $945,034 -‐5.75 $890,667 -‐54.29 $407,116 12.47 $457,900 -‐2.68 $445,617 -‐32.16 $302,324
HIGH SALE $2,000,000 250.00 $7,000,000 -‐88.57 $800,000 72.88 $1,383,000 124.15 $3,100,000 -‐19.35 $2,500,000
LOW SALE $225,000 -‐38.67 $138,000 -‐61.59 $53,000 79.25 $95,000 -‐35.79 $61,000 19.67 $73,000
MEDIAN SALE $846,250 -‐28.80 $602,500 -‐35.68 $387,500 16.13 $450,000 53.33 $690,000 -‐68.84 $215,000
% CHANGE
-‐74.59
-‐55.10
-‐50.47
-‐43.40
-‐66.00
-‐10.96
-‐46.51
22
158
$171,114
$850,000
$65,000
$115,000
AVG. DAYS ON MARKET 201 51.24 304 -‐16.78 253 -‐3.16 245 -‐0.41 244 -‐2.05 239 0.00 239 -‐100.00
AVG. SALE $1,016,775 -‐1.82 $998,273 -‐44.10 $558,081 -‐13.78 $481,173 7.46 $517,049 -‐8.88 $471,115 16.66 $549,617 -‐100.00
HIGH SALE $4,300,000 62.79 $7,000,000 -‐40.38 $4,173,715 16.20 $4,850,000 9.28 $5,300,000 -‐36.60 $3,360,000 -‐19.64 $2,700,000 -‐100.00
LOW SALE $140,000 -‐70.00 $42,000 26.19 $53,000 -‐15.09 $45,000 -‐46.67 $24,000 66.67 $40,000 62.50 $65,000 -‐100.00
AVG. ORG. LIST $1,133,532 -‐4.22 $1,085,691 -‐29.26 $768,053 -‐17.81 $631,225 7.03 $675,621 -‐11.37 $598,810 -‐17.98 $491,141 -‐100.00
AVG. LIST
% CHANGE
-‐85.73
1st QTR 2013 $7,613,800
CONDOMINIUM/TOWNHOME
1st QTR 2013 $10,405,430
LAND
1st QTR 2013 $3,764,500
TOTAL SALES
*
YEAR SALES VOLUME UNITS SOLD 2007 $141,331,738 139 -‐15.24 -‐13.67 2008 $119,792,721 120 -‐45.96 -‐3.33 2009 $64,737,415 116 33.87 47.41 2010 $86,663,176 171 26.48 23.98 2011 $109,614,381 212 -‐5.28 3.30 2012 $103,828,263 219 -‐79.02 -‐71.69 1st QTR 2013 $21,783,730 62 -‐100.00 -‐100.00
$665,631 -‐16.11 $558,421 6.02 $592,033 -‐8.06 $544,344 -‐12.38 $476,933
# OF LISTINGS * * 235 10.21 259 -‐41.31 152 14.47 174
# OF LISTINGS * * 237 -‐37.97 147 30.61 192 -‐19.79 154 0.00 154 Sale Price/Org List Price Units Listed 89.70% 761 2.51 -‐21.42 91.95% 598 -‐20.98 -‐0.67 72.66% 594 4.91 8.42 76.23% 644 0.39 0.00 76.53% 644 2.80 -‐32.76 78.68% 433 42.24 0.00 111.91% 433 -‐100.00 -‐100.00
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THE GREATER BIG SKY AREA Sales Volume and Units Sold by Year
62 Units Sold 1st Qtr 2013
{ 22
subdivision lots sold 1st Quarter 2013
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}
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