BIG SKY MARKET WATCH 1ST QUARTER 2015
COVERING BIG SKY RESORT, MOONLIGHT BASIN, GALLATIN CANYON, MEADOW VILLAGE, SPANISH PEAKS MOUNTAIN CLUB AND YELLOWSTONE CLUB
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Big Sky, Montana | Web ID: 197085
Market Review 1
Market Observations
2
Resort Area Overview
2
Significant Sales
3-4
Market Observations
Pending Sales
Closed Sales
Median Sales Price
Inventory Levels
Quarterly Charts & Data
Sal es Vol u me
$
Tra n s a c t i o n s
H ig he s t S a le
Mil lio n
Mil lio n
32.2 55 3.175
$
Cover Property Big Sky, Montana | Web ID: 204916 © MMVI Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated. 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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Sold Q1 - 2015 Condos/Twnhm: 3 Homes: 6 Homesites: 1 Pending: 6 MEADOW VILLAGE Sold Q1 - 2015 Condos/Twnhm: 13
Sold Q1 - 2015 Condos/Twnhm: 7 Homes: 0 Homesites: 4 Pending: 14
Sold in MLS Q1 - 2015 Condos/Twnhm: Homes: Pending: 3
Homes: 6 Homesites: 10 Pending: 30
GALLATIN CANYON Sold Q1 - 2015 Homes: 1 Homesites: 3 Pending: 7
Sold Q1 - 2015 Condos/Twnhm: 0 Homes: 0 Homesites: 5 Pending: 9
OUR SIGNIFIC ANT SALES
298 Ridgefork Road, Big Sky, MT
2 Bear Paw Trail, Moonlight Basin, Big Sky, MT Browse all MLS listings and learn more about the market at
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MARKET DETAILS | ALL OF BIG SKY All of Big Sky Total Sales Vol. and Number of Sales $300,000,000 1st Qtr. Sales Vol.
2nd Qtr. Sales Vol.
3rd Qtr. Sales Vol.
4th Qtr. Sales Vol
Units Sold
$89,549,094
0 40
$225,000,000
336
313
0 30
# OF SALES
117
0
10
Q4 2012 Q1 2013 $75,000,000
$20,226,050
Q3 2013
$17,593,400
0
Q2 2013
Q4 2013 $0
210 Table 2
169
0 20
$150,000,000
$15,401,965 $10,795,000
Q1 2014
2009
$44,810,789
SALES VOLUME
35 $39,965,150
$25,054,668 $10,347,400
23
$10,405,430 $36,841,872
$27,150,399 42
$17,035,400
AVG. SALE
124
$295,640
$44,759,906
$195,000
$452,410 $635,846
49 $20,019,200
$25,188,550
$15,814,956
$27,762,700 $305,531
65 $16,857,302
$21,279,891 $10,405,430
$792,986 $16,750,238
2010
2011 $16,300,859
2012 $425,172
36
MEDIAN SALE
$31,906,075 $26,242,250
$52,184,550
55
$58,926,384
$320,000 $37,575,402
$500,000 $250,000
$40,960,785
$33,791,230
$32,271,030
$605,000 2013
2014
$305,000
Q2 2014
34
$22,693,884
$488,090
$367,500
Q3 2014
43
$20,079,081
$440,034
$273,000
Q4 2014
46
$15,797,964
$331,204
$285,000
Q1 2015
23
$12,116,530
$483,763
$359,900
Untitled 1
Condo/Townhome 1 Quarterly Sales Data
$24,000,000
$800,000
65
70 $18,000,000
$600,000
49
53
$12,000,000 35
46
43
42 36
35
$400,000
34
23 $6,000,000
$0
23 $200,000
18
0 Q4 2012
Q1 2013
Q2 2013
SALES VOLUME
Q3 2013
Q4 2013
Q1 2014
AVG. SALE # OF SALES
Q2 2014
Q3 2014
Q4 2014
Q1 2015
$0
MEDIAN SALE
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Q1 2013
17
7,613,800
1,170,959
615,000
Q2 2013
15
12,359,002
549,617
252,500
Q3 2013
20
16,399,250
432,776
250,000
Q4 2013
16
16,005,300
415,008
324,000
Q1 2014
20
18,536,926
825,390
545,000
Q2 2014
22
32,011,500
1,394,575
997,500
Q3 2014
28
28,541,669
962,372
644,866
Q4 2014
20
63,394,130
2,554,333
1,625,000
Q1 2015
13
14,994,500
1,039,500
965000
Big Sky, Montana | Web ID: 203282 Single Family Residential Quarterly Sales Data $70,000,000
$3,000,000
28
28
Table 2
$52,500,000 21 Q4 2012 Q1 2013 $35,000,000 Q2 2013 14
# OF SALES
17
17
SALES 20VOLUME
17 22
5,552,400
15
3,764,500
22
AVG. SALE 20
16
323,435
200,000
171,114
115,000
18
8,011,000
383,310
208,750
Q3 2013
13
12,021,700
701,069
547,000
Q4 2013
18
3,634,000
382,881
305,000
14
6,123,000
364,833
272,000
Q2 2014
11
4,221,000
345,111
205,000
Q3 2014
11
3,563,800
268,311
185,000
$17,500,000 Q1 2014 7
$0 Q4 2014 0 28 Q4 2012 Q1 2013 Q2 2013 Q1 2015 19 SALES VOLUME
10,357,000 Q3 2013 Q4 2013 5,160,000 AVG. SALE
339,423 Q1 2014
$2,250,000
MEDIAN SALE
Q2 2014
217,882 MEDIAN SALE
250,000 Q3 2014
20
$1,500,000
13
$750,000
Q4 2014
$0
Q1 2015
195,000 # OF SALES
Land Quarterly Sales Data $13,000,000 28
22
$9,750,000 21
$600,000
18
17 $6,500,000
$0
19
18
1
13
14
$3,250,000
$800,000
28
14
$400,000
11
11 $200,000
7
0 Q4 2012
Q1 2013
SALES VOLUME
Q2 2013
Q3 2013
Q4 2013
AVG. SALE
Q1 2014
Q2 2014
MEDIAN SALE
Q3 2014
Q4 2014
Q1 2015
$0
# OF SALES
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