BIG SKY MARKET WATCH 2ND QUARTER 2014
COVERING BIG SKY RESORT, MOONLIGHT BASIN, GALLATIN CANYON, MEADOW VILLAGE, SPANISH PEAKS MOUNTAIN CLUB AND YELLOWSTONE CLUB
Browse all MLS listings and learn more about the market at
bigskysir.com
Big Sky, Montana | Web ID: GVQ3YK
Market Review 1
Market Observations
2
Resort Area Overview
2
Significant Sales
Pending Sales
Closed Sales
Median Sales Price
Inventory Levels
Days on Market
Quarterly Charts & Data
Mil lio n
58.9 67 7.0
$
Sal es Vo l u m e
$
Tra n s a c t i o n s
Mil lio n
3-4
Market Observations
H ig he s t Sa le
© 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.
Browse all MLS listings and learn more about the market at
bigskysir.com
Sold Q2 - 2014 Condos/Twnhm: 7 Homes: 6 Homesites: 2 Pending: 3 MEADOW VILLAGE Sold Q1 - 2014 Condos/Twnhm: 13
Sold Q2 - 2014 Condos/Twnhm: 13 Homes: 2 Homesites: 0 Pending: 9
Sold in MLS Q2 - 2014 Condos/Twnhm: 1 Homes: 1
Homes: 10 Homesites: 6 Pending: 33
GALLATIN CANYON Sold Q2 - 2014 Homes: 0 Homesites: 2 Pending: 2
Sold Q2 - 2014 Condos/Twnhm: 0 Homes: 3 Homesites: 1 Pending: 3
OUR SIGNIFIC ANT SALES
Moonlight Basin, 8 Peaks View - Ski Home 30
Moonlight Basin’s Cowboy Cabin 11 Browse all MLS listings and learn more about the market at
bigskysir.com
MARKET DETAILS | ALL OF BIG SKY
All of Big Sky Total Sales Vol. and Number of Sales $180,000,000 1st Qtr. Sales Vol.
2nd Qtr. Sales Vol.
3rd Qtr. Sales Vol.
4th Qtr. Sales Vol
$44,810,789
$135,000,000 Units Sold 0 40
$39,965,150
# OF SALES SALES VOLUME Q4 2012 $20,226,050
17
Q1 2013
17
$17,593,400 117 Q2 2013
0 20
15
Q3 2013
2
Q4 2013
82
0
10
$45,000,000
$15,401,965 0
$0
$10,795,000
Q1 2014 Q2 2014
$31,906,075
Table 2
0 30
$90,000,000
$44,759,906
$25,054,668
1697,613,800 12,359,002
$16,857,302 16,005,300
615,000 252,500
432,776
250,000
415,008
$16,750,238 324,000
$21,279,891
18,536,926
2011
32,011,500
137
124 $27,762,700
549,617
2010
22
525,000
1,170,959
$58,926,384
$37,575,402
$26,242,250
$25,188,550
$20,019,200
16,399,250
MEDIAN SALE
210941,546
16,006,275
$27,150,399
20
2009
$36,841,872
AVG. SALE
336
825,390
$33,791,230
545,000
2012
1,394,575
$40,960,785
2013
2014
997,500
Single Family Residential Quarterly Sales Data $1,400,000
$1,394,575
$40,000,000
1 $1,170,959 $1,050,000
$30,000,000 $997,500
$941,546 $825,390 $700,000
$20,000,000 $615,000 $525,000
$549,617
$545,000 $432,776
$350,000 $252,500
$0
$250,000
$415,008
$10,000,000
$324,000
17
17
15
2
82
20
22
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
# OF SALES
SALES VOLUME
AVG. SALE
$0
MEDIAN SALE
For more details on Single Family, Condos & Land sales please check out this link: http://bit.ly/1vmlv0d Browse all MLS listings and learn more about the market at
bigskysir.com
Table 2 # OF SALES
SALES VOLUME
AVG. SALE
MEDIAN SALE
Q4 2012
35
$10,347,400
$295,640
$195,000
Q1 2013
23
$10,405,430
$452,410
$320,000
Q2 2013
42
$17,035,400
$635,846
$500,000
Q3 2013
49
$15,814,956
$305,531
$250,000
Q4 2013
65
$10,405,430
$792,986
$605,000
Q1 2014
36
$16,300,859
$425,172
$305,000
$22,693,884
$488,090
$367,500
Big Sky,Q2Montana | Web ID: 9824W5 2014 34
Condo/Townhome Quarterly Sales Data $800,000
$635,846
$600,000
$452,410 # OF SALES
Q4 2012
$200,000
$0
2
SALES VOLUME 17
$320,000 22
Q1 2013 $295,640
$18,000,000
$605,000
Table $500,000 $400,000
$24,000,000
$792,986
AVG. SALE
$488,090
MEDIAN SALE $425,172
5552400
323435
200000
3764500 $305,531
171114
115000 $305,000
8011000$250,000
383310
208750
Q2 2013
18
Q3 2013 $195,000
13
12021700
701069
547000
Q4 2013
18
3634000
382881
65 364833
305000
36272000
Q3 2013 4221000
Q4 2013 345111
Q1 2014 205000
Q1 2014 35
23
Q4 2012 Q2 2014
14
Q1 2013
49 6123000
42
11 Q2 2013
# OF SALES
SALES VOLUME
AVG. SALE
$12,000,000 $367,500
$6,000,000
34
$0
Q2 2014
MEDIAN SALE
Land Quarterly Sales Data $800,000
$13,000,000
$701,069 $600,000
$9,750,000 $547,000
$400,000
$383,310
$382,881
$323,435 $200,000
$0
$305,000
$200,000
$171,114 $115,000
$364,833
22
18
Q4 2012
Q1 2013
Q2 2013
$205,000
13
18
14
11
Q3 2013
Q4 2013
Q1 2014
Q2 2014
1
SALES VOLUME
$345,111
$272,000
$208,750
17 # OF SALES
$6,500,000
AVG. SALE
$3,250,000
$0
MEDIAN SALE
For more details on Big Sky, Moonlight, Spanish Peaks & YC sales please check out this link: http://bit.ly/1vmlOIc Browse all MLS listings and learn more about the market at
bigskysir.com