Big Sky Market Snapshot

Page 1

BIG SKY BROKERAGE 33 Lone Peak Drive, Unit 105, Big Sky, MT 59716 |

+1 406.99.2211 |

bigskysir.com


BUYERS NEED TO KNOW OVERALL MARKET SNAPSHOT MEDIAN PRICE BIG SKY

MEDIAN PRICE BOZEMAN

MEDIAN PRICE MADISON VALLEY

2016

~$1.0M

~$375k

~$226k

2017

~$1.2M

~$389k

~$255k

19

MADISON

LOCAL BUYER’S REPRESENTATIVES

BROWN, RAINBOW AND MOUNTAIN WHITEFISH

(let us find the right spot for you)

2,767

45,250

YEAR-ROUND RESIDENTS IN BIG SKY

BIG SKY RESORT

YEAR-ROUND RESIDENTS BOZEMAN

BRIDGER BOWL

8,060

11,166’

63

SKIERS ON THE BUSIEST DAY OF THE SEASON

ELEVATION OF LONE PEAK

YEARS OF GRASSROOTS COMMUNITY SKIING

8 17

MUSIC IN THE MOUNTAINS: FREE CONCERT EVENTS IN TOWN CENTER

IN-BOUND FLIGHTS DAILY TO BZN

355 15

CITIES WITH DIRECT FLIGHTS INTO BZN


LOCAL & INTERNATIONAL MARKETING

BLOG

THE NEW YORK TIMES

BIG SKY AND BOZEMAN

CHAMBER OF COMMERCE

NEWS

& TV 20,000

WORLDWIDE

AGENTS PROFESSIONAL PHOTO AND VIDEO W

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H O M E 800 OFFICES IN 70

COUNTRIES & TERRITORIES

EXPLORE BIG SKY


Market Snapshot < Big Sky Q3 2017 BIG SKY COUNTRY MLS - QUARTERLY COMPARISON TOTAL SALES

AVERAGE SALES PRICE - HOMES

110

1,700,000

83

1,275,000

55

850,000

28

425,000

0

0 Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

Q

17

17

3-

17

2-

16

1-

16

4-

16

3-

16

2-

15

1-

15

4-

15

3-

2-

17

17

3-

2-

17

16

1-

4-

16

16

3-

2-

16

15

1-

4-

15

15

3-

2-

3RD QUARTER 2017 AVERAGE PRICE PER SQ. FT.

MEDIAN SALES PRICE

AVG DAYS OF MARKET

AVERAGE LIST PRICE

TOTAL SALES VOLUME

355

1,296,250

3.4 M

909,451

HIGHEST SALE

159

71 M

QUARTERLY BREAK DOWN - HOMES MEDIAN SALES PRICE

AVERAGE DOM

1,200,000

172

-53.87

725,000

187

1,241,980

35.18

1,179,554

161

55

1,634,198

24.00

1,070,000

285

Q2-16

67

1,309,636

-24.78

1,025,000

388

Q3-16

93

1,528,762

14.33

1,277,000

34

Q4-16

86

924,455

-65.37

875,000

216

Q1-17

75

1,045,289

11.56

722,500

181

Q2-17

103

1,590,626

34.28

1,345,000

137

Q3-17

97

1,441,364

-10.36

1,296,250

63

QTR

TOTAL SALES

AVG SALES PRICE % CHANGE

Q2-15

77

1,238,682

Q3-15

67

805,024

Q4-15

93

Q1-16

1


Current Offerings and Significant Sales

Big Sky Meadow Village bit.ly/bssir300293

Paradise Valley bit.ly/bssirstrawberry

Yellowstone Club bit.ly/bssir308563 4.97 AC, $3,900,000

5 BR, 5 BA, 6 AC $2,999,000

Big Sky Meadow Village bit.ly/bssir300725

4 BR, 4 BA, 20.2 AC $2,595,000

Big Sky Meadow Village bit.ly/bssir301197

3 BR, 3 BA, 2.3 AC $2,350,000

Spanish Peaks Mountain Club bit.ly/bssir304460

Absarokee bit.ly/bssir217841

4 BR, 4 BA, 1,364 AC $3,850,000

Big Sky’s Gallatin Canyon bit.ly/bssir305585

4 BR, 3 BA, 0.55 AC $699,000

Spanish Peaks Mountain Club bit.ly/bssir304473

Big Sky Mountain Village bit.ly/bssir306943

Big Sky Meadow Village bit.ly/bssir220452

Big Sky Mountain Village bit.ly/bssir306907

7 BR, 7 BA, 1,061 AC $8,500,000

2 BR, 3 BA, $595,000

3 BR, 3 BA, $545,000

3 BR, 5 BA, $1,895,000

1.01 AC, $795,000

2 BR, 2 BA, $245,000

©MMXVII Sotheby’s International Realty, Inc. All Rights Reserved. Source of all data contained in this report is the Big Sky Country Multiple Listing Service. This material is based upon information which we 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. These offerings are subject to errors, omissions, changes including price or withdrawal without notice. Each office independently owned and operated. Equal housing opportunity.


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