BIG SKY MARKET WATCH 3RD QUARTER 2014
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: 201574
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
52.2 82 3.25
$
Sal es Vo l u me
$
Tra n s a c t i o n s
H ig he s t Sa le
Mil lio n
3-4
Market Observations
© 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 Q3 - 2014 Condos/Twnhm: 5 Homes: 2 Homesites: 1 Pending: 5 MEADOW VILLAGE Sold Q3 - 2014 Condos/Twnhm: 26
Sold Q3 - 2014 Condos/Twnhm: 10 Homes: 4 Homesites: 2 Pending: 14
Sold in MLS Q3 - 2014 Condos/Twnhm: 0 Homes: Pending: 2
Homes: 17 Homesites: 6 Pending: 23
GALLATIN CANYON Sold Q3 - 2014 Homes: 5 Homesites: 1 Pending: 5
Sold Q3 - 2014 Condos/Twnhm: 0 Homes: 2 Homesites: 3 Pending: 4
OUR SIGNIFIC ANT SALES
Moonlight Basin, 29 Peaks View
Gallatin Canyon, 2244 Beaver Creek Road 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 $180,000,000 1st Qtr. Sales Vol.
2nd Qtr. Sales Vol.
3rd Qtr. Sales Vol.
4th Qtr. Sales Vol
$44,810,789 $52,184,550 $135,000,000 Units Sold 0 40
$39,965,150 0 30
$90,000,000
Q4 2012
17
16,006,275
$20,226,050 Q1 2013
17
$27,150,399 7,613,800
Q2 2013
15
12,359,002
2
16,399,250 $20,019,200
0 20
$45,000,000
10
$17,593,400 117 0
Q3 2013
941,546
525,000
$58,926,384
219
$37,575,402
$26,242,250
210 1,170,959
615,000
549,617
252,500
432,776
250,000
415,008
324,000
18,536,926
825,390
545,000
124 $27,762,700
$25,188,550
16,005,300
336
MEDIAN SALE
$36,841,872
$21,279,891
$16,857,302
0
Q1 2014 $10,795,000 20
$31,906,075
AVG. SALE
169
$15,401,965 82 Q4 2013
$0
Table 2
# OF SALES SALES VOLUME
$44,759,906
$25,054,668
$40,960,785
$33,791,230
$16,750,238
Q2 2014 2009
22
32,011,500 2010
1,394,575 2011
997,500 2012
Q3 2014
28
28,541,669
962,372
644,866
2013
2014
Single Family Residential Quarterly Sales Data $1,400,000
$40,000,000
$1,394,575
1 $1,170,959 $1,050,000
$30,000,000 $997,500 $962,372
$941,546 $825,390 $700,000
$20,000,000
$525,000
$644,866
$615,000 $549,617
$545,000 $432,776
$350,000
$252,500
$0
$415,008
$250,000
$10,000,000
$324,000
17
17
15
2
82
20
22
28
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
# OF SALES
SALES VOLUME
AVG. SALE
$0
MEDIAN SALE
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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
Q2 2014
34
$22,693,884
$488,090
$367,500
$20,079,081
$440,034
$273,000
Big Sky,Q3Montana | Web ID: 2014 43 199643
Condo/Townhome Quarterly Sales Data $800,000
$635,846
$600,000
$400,000 Q4 2012
Q1 2013
22 $320,000 18
Q2$295,640 2013 $200,000 Q3 2013
Q4 2013
$500,000 SALES VOLUME
# OF SALES $452,410 17
$195,000
Q1 2014
35
23
Q2 2014
Q4 2012 Q3 2014
Q1 2013
$18,000,000
$605,000
Table 2
$0
$24,000,000
$792,986
AVG. SALE
MEDIAN SALE $488,090
323435 $425,172
200000
3764500
171114
115000 $367,500
$305,531 8011000
383310
$305,000 208750
13
$250,000 12021700
701069
547000
18
3634000
382881
305000
14
6123000
364833
65
49
42
11
4221000
Q3 2013 3563800 SALES VOLUME
# OF SALES
272000
36
345111
Q2 2013
11
$440,034
5552400
205000
Q4 2013 Q1 2014 268311 AVG. SALE
$12,000,000
$273,000 $6,000,000
43
34
Q2 2014 Q3 2014 185000 MEDIAN SALE
$0
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
$6,500,000 $364,833
$305,000
$200,000 $171,114 $115,000
$272,000
$208,750
$268,311 $205,000
1
17
22
18
13
Q4 2012
Q1 2013
Q2 2013
Q3 2013
# OF SALES
$345,111
SALES VOLUME
$185,000
18
14
11
11
Q4 2013
Q1 2014
Q2 2014
Q3 2014
AVG. SALE
$3,250,000
$0
MEDIAN SALE
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