BIG SKY MARKET WATCH 2014 YEAR IN REVIEW
Big Sky, Montana | Web ID: 202856
COVERING BIG SKY RESORT, MOONLIGHT BASIN, GALLATIN CANYON, MEADOW VILLAGE, SPANISH PEAKS MOUNTAIN CLUB AND YELLOWSTONE CLUB
CONTENTS
Big Sky, Montana | Web ID: 4449011
Market Review
Market Observations
Browse all MLS listings and learn more about the market at
bigskysir.com
3 Overview by Cathy Gorman
4
Area Details
7
Mountain, Meadow Canyon Details
11
Pending Sales
Closed Sales
Inventory Levels
Days on Market
Median Sales Price
Big Sky, Moonlight, Spanish Peaks,Yellowstone Club Details
Consumer Confidence
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.
Big Sky Sotheby’s International Realty Big Sky - 2014 Year in Review by Cathy Gorman, Broker/Owner
We watched helplessly as three of our four major resor ts struggled through bankruptcy and then celebrated as they each emerged stronger than ever with new ownership and fresh ideas. Today Big Sky is enjoying a Renaissance under the combined leadership of Boyne USA, Cross Harbor, Montage Resor ts and the Lone Mountain Land Company.
Don’t miss the chance to own a piece of this extraordinary corner of America as Big Sky fulfills its destiny as the finest ski community and resor t in the USA. Call, text, email, tweet or just show up.
241 311 17 Million
$
Big Sky, Moonlight Basin and the Spanish Peaks Mountain Club ski resor ts have been combined under the Banner of Big Sky Ski Resor t. The sky is the limit! There are already three new ski accessible cabin developments under construction, each designed with a contemporary, mountain look and feel.
Sa l es Vo l u m e
$
Tra n s a c t i o n s
Million
Welcome to the Big Sky Sotheby’s International Realty’s 2014 Market Watch. We began compiling these figures for you in 2008 as the US economy was free falling into the great recession.
H ig he s t Sa le
OUR SIGNIFIC ANT SALES
Yellowstone Club, 239 Andesite Ridge, List Price $20,000,000
Spanish Peaks North, 1214 Silverado Trail, List Price $2,900,000
MARKET DETAILS | ALL OF BIG SKY SINGLE-‐FAMILY
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
# OF LISTINGS
$142,484,225
90
244
$1,422,889
$17,000,000
$270,000
$967,000
87
119.75
28.57
2.95
69.07
126.67
145.45
63.21
6.10
$64,839,852
70
237
$841,615
$7,500,000
$110,000
$592,500
82
21.56
25.00
24.74
-‐10.55
123.21
-‐37.14
-‐15.36
-‐21.90
$53,341,275
56
190
$940,844
$3,360,000
$175,000
$700,000
105
-‐8.44
1.82
-‐34.26
-‐11.18
-‐36.60
133.33
188.66
-‐1.87
$58,256,984
55
289
$1,059,218
$5,300,000
$75,000
$242,500
107
45.77
25.00
19.92
26.98
9.28
-‐7.41
-‐66.08
-‐24.11
$39,965,150
44
241
$834,146
$4,850,000
$81,000
$715,000
141
15.80
33.33
-‐5.86
-‐14.50
16.20
-‐67.60
-‐1.79
2.17
$34,512,715
33
256
$975,645
$4,173,715
$250,000
$728,000
138
CONDOMINIUM/TOWNHOME
2014 % Change
2013 % Change
2012 % Change
Browse all MLS listings and learn more about the market at
bigskysir.com
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
# OF LISTINGS
$74,664,788
157
150
$436,063
$7,000,000
$75,000
$290,000
150
7.54
-‐12.29
-‐35.06
15.67
324.24
41.51
16.00
63.04
$69,427,275
179
231
$376,973
$1,650,000
$53,000
$250,000
92
94.62
57.02
-‐0.43
20.47
15.38
32.50
25.00
-‐47.13
$35,673,088
114
232
$312,922
$1,430,000
$40,000
$200,000
174
-‐10.30
-‐12.98
6.91
3.07
-‐40.42
66.67
9.89
14.47
$39,771,347
131
217
$303,598
$2,400,000
$24,000
$182,000
152
28.16
37.89
-‐17.49
-‐2.93
26.32
-‐46.67
-‐22.55
-‐41.31
$31,033,026
95
263
$312,774
$1,900,000
$45,000
$235,000
259
55.18
61.02
-‐5.05
-‐9.35
26.67
-‐35.71
-‐6.00
10.21
$19,998,150
59
277
$345,042
$1,500,000
$70,000
$250,000
235
LAND
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
# OF LISTINGS
$24,264,800
64
232
$363,432
$1,650,000
$82,000
$247,500
232
-‐28.43
-‐26.44
26.09
20.39
-‐15.38
36.67
41.43
43.21
$33,902,300
87
184
$301,885
$1,950,000
$60,000
$175,000
162
128.85
77.55
-‐42.32
-‐0.15
-‐22.00
-‐17.81
-‐18.60
5.19
$14,813,900
49
319
$302,324
$2,500,000
$73,000
$215,000
154
27.86
88.46
10.38
-‐32.16
-‐19.35
19.67
-‐68.84
-‐19.79
$11,586,050
26
289
$445,617
$3,100,000
$61,000
$690,000
192
-‐26.04
-‐18.75
47.45
-‐2.68
124.15
-‐35.79
53.33
30.61
$15,665,000
32
196
$457,900
$1,383,000
$95,000
$450,000
147
53.18
33.33
-‐7.98
12.47
72.88
79.25
16.13
-‐37.97
$10,226,550
24
213
$407,116
$800,000
$53,000
$387,500
237
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Table 2 # OF SALES SALES VOLUME
AVG. SALE
MEDIAN SALE
Q4 2012
17
16,006,275
941,546
525,000
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
{ Median homes sales price was up
Big Sky,Q4 Montana | 20 Web ID: 195138 2014 63,394,130
2,554,333
1,625,000
400% from Q4 2013 to Q4 2014
Single Family Residential Quarterly Sales Data $70,000,000
$3,000,000
28
28
22
$52,500,000
20
21
17
Table 2
17 # OF SALES
$35,000,000
15SALES VOLUME
20 16
AVG. SALE
MEDIAN SALE
Q4 2012 14
35
$10,347,400
$295,640
$195,000
Q1 2013
23
$10,405,430
$452,410
$320,000
42
$17,035,400
$635,846
$500,000
49
$15,814,956
$305,531
$250,000
Q4 2013
65
$10,405,430
$792,986
$605,000
Q1 2014 0 $0 Q2 2014 Q4 2012
36
$16,300,859
$425,172
$305,000
Q2 2013 $17,500,000 Q3 2013
7
Q3 2014
34 Q1 2013
Q2 2013 $22,693,884 Q3 2013
43 VOLUME SALES
Q4 2014
46
$2,250,000
20
$488,090 Q1 2014 Q4 2013
$367,500 Q2 2014
$20,079,081
$440,034 AVG. SALE
$273,000
$15,797,964
# OF$331,204 SALES
$285,000
$1,500,000
$750,000
Q3 2014
Q4 2014
$0
MEDIAN SALE
Condo/Townhome Quarterly Sales Data $24,000,000
$800,000
65
70 $18,000,000
$600,000
49
53
43
42 $12,000,000 35
36
35
$0
$400,000
34
1
23 $6,000,000
46
$200,000
18
0 Q4 2012
Q1 2013
Q2 2013
SALES VOLUME
Q3 2013
Q4 2013 AVG. SALE # OF SALES
Q1 2014
Q2 2014
Q3 2014 MEDIAN SALE
Q4 2014
$0
}
Q4 2013
18
3634000
382881
305000
Q1 2014
14
6123000
364833
272000
11
4221000
345111
205000
11
3563800
268311
185000
28
10357000
339423
250000
{
Q2 2014 Q3 2014 Q4 2014
}
64 lots sold in 2014 -15 at Big Sky Resort, 4 at Moonlight, 8 at Spanish Peaks, 23 in the meadow, and 9 in the canyon. Land Quarterly Sales Data
$13,000,000 28
22
$9,750,000
$600,000
21
18
17
18
$6,500,000
$0
14
13
14
$3,250,000
bigskysir.com
$400,000
11
11 $200,000
7
0 Q4 2012
Q1 2013
Q2 2013
Q3 2013
SALES VOLUME
Browse all MLS listings and learn more about the market at
$800,000
28
Q4 2013
Q1 2014
Q2 2014
AVG. SALE
Q3 2014
$0
Q4 2014
MEDIAN SALE
# OF SALES
{
Average Days on the Market
for condos in the Meadow continue to decline down 53% from 2013
}
Absorption: Inventory vs Sales, Pending & Distressed 100
700
1 604
588
532
75
525 491
484 455
455 433
433
425
417 397
396 366 50
358 350
336
25
175
0
0 Q1 2011
Q2 2011
Q3 2011
Q4 2011
UNITS FOR SALE
Q1 2012
Q2 2012
Q3 2012 # OF SALES
Q4 2012
Q1 2013
Q2 2013
Q3 2013
DISTRESSED
Q4 2013
Q1 2014
Q2 2014
PENDING
Q3 2014
Q4 2014
MARKET DETAILS | MOUNTAIN SINGLE-‐FAMILY
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$90,823,000
37
244
$2,096,343
$17,000,000
$451,000
$1,450,000
179.85
105.56
-‐6.15
36.83
126.67
2.15
46.84
$32,454,025
18
260
$1,532,033
$7,500,000
$441,500
$987,500
-‐4.55
-‐35.71
35.42
18.55
123.21
9.01
4.44
$34,000,500
28
192
$1,292,278
$3,360,000
$405,000
$945,500
1.58
55.56
-‐48.94
-‐30.51
-‐36.60
6.58
-‐21.21
$33,472,009
18
376
$1,859,561
$5,300,000
$380,000
$1,200,000
24.91
-‐5.26
31.93
50.33
9.28
-‐17.39
20.60
$26,797,250
19
285
$1,236,956
$4,850,000
$460,000
$995,000
48.56
46.15
-‐22.55
-‐10.85
16.20
-‐15.44
-‐10.36
$18,037,715
13
368
$1,387,517
$4,173,715
$544,000
$1,110,000
CONDOMINIUM/TOWNHOME
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$74,664,788
157
150
$436,063
$7,000,000
$75,000
$290,000
72.28
78.41
-‐44.24
-‐7.71
324.24
41.51
-‐15.33
$43,338,568
88
269
$472,507
$1,650,000
$53,000
$342,500
93.11
62.96
3.46
13.69
15.38
32.50
0.00
$22,442,425
54
260
$415,600
$1,430,000
$40,000
$342,500
-‐14.76
-‐3.57
-‐1.52
-‐11.61
-‐40.42
33.78
4.58
$26,329,484
56
264
$470,169
$2,400,000
$29,900
$327,500
40.04
36.59
20.55
8.78
26.32
-‐33.56
-‐22.02
$18,801,152
41
219
$432,209
$1,900,000
$45,000
$420,000
65.41
57.69
-‐40.49
-‐1.14
26.67
-‐32.33
12.00
$11,366,500
26
368
$437,173
$1,500,000
$66,500
$375,000
LAND
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$24,264,800
64
232
$363,432
$1,650,000
$82,000
$247,500
78.83
190.91
12.08
-‐36.87
-‐15.38
-‐21.90
-‐34.00
$13,569,000
22
207
$575,700
$1,950,000
$105,000
$375,000
106.39
83.33
-‐37.84
5.08
-‐22.00
-‐25.00
7.53
$6,574,400
12
333
$547,867
$2,500,000
$140,000
$348,750
-‐7.05
-‐33.33
22.88
39.43
100.00
12.00
43.81
$7,072,700
18
271
$392,928
$1,250,000
$125,000
$242,500
-‐27.84
0.00
103.76
-‐23.85
-‐9.62
-‐23.31
-‐48.68
$9,802,000
18
133
$516,000
$1,383,000
$163,000
$472,500
100.99
50.00
-‐49.24
26.97
72.88
-‐4.12
55.75
$4,876,750
12
262
$406,396
$800,000
$170,000
$303,375
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MARKET DETAILS | MEADOW SINGLE-‐FAMILY
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$41,029,962
42
165
$914,311
$4,100,000
$357,525
$599,500
160.99
61.54
14.58
61.91
107.59
85.25
26.21
$15,721,027
26
144
$564,709
$1,975,000
$193,000
$475,000
-‐7.83
30.00
-‐43.53
-‐30.47
-‐25.75
-‐29.82
1.06
$17,056,900
20
255
$812,233
$2,660,000
$275,000
$470,000
17.47
-‐13.04
25.00
28.66
13.19
22.22
-‐12.80
$14,520,201
23
204
$631,313
$2,350,000
$225,000
$539,000
104.14
91.67
29.11
10.99
104.35
-‐18.18
-‐2.88
$7,113,000
12
158
$568,800
$1,150,000
$275,000
$555,000
-‐14.50
9.09
-‐34.71
-‐24.79
-‐51.06
-‐15.90
-‐18.98
$8,319,000
11
242
$756,273
$2,350,000
$327,000
$685,000
CONDOMINIUM/TOWNHOME
2014 % Change
2013 % Change
2012
Browse all MLS listings and learn more about the market at
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% Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$26,278,433
78
87
$322,150
$1,700,000
$95,000
$275,100
0.73
-‐14.29
-‐53.48
41.41
33.33
7.95
27.95
$26,088,707
91
187
$227,817
$1,275,000
$88,000
$215,000
97.18
51.67
-‐7.88
3.29
57.89
49.15
27.98
$13,230,663
60
203
$220,571
$807,500
$59,000
$168,000
-‐1.57
-‐20.00
12.15
23.07
68.23
73.53
12.00
$13,441,863
75
181
$179,225
$480,000
$34,000
$150,000
9.89
38.89
-‐23.95
-‐19.89
-‐9.43
-‐50.18
-‐26.47
$12,231,874
54
238
$223,724
$530,000
$68,250
$204,000
41.71
63.64
31.49
-‐14.47
-‐38.73
-‐31.75
-‐14.11
$8,631,650
33
181
$261,565
$865,000
$100,000
$237,500
LAND
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$8,151,900
30
183
$252,032
$1,000,000
$95,000
$180,000
-‐21.86
-‐38.78
-‐3.17
38.26
-‐44.44
46.15
44.00
$10,432,700
49
189
$182,291
$1,800,000
$65,000
$125,000
75.88
75.00
-‐41.67
-‐13.95
200.00
-‐10.96
-‐17.76
$5,931,750
28
324
$211,848
$600,000
$73,000
$152,000
71.27
600.00
82.02
2372.32
-‐80.65
19.67
0.55
$3,463,350
4
178
$8,569
$3,100,000
$61,000
$151,175
-‐15.18
-‐63.64
-‐31.80
-‐97.51
264.71
-‐35.79
-‐48.75
$4,083,000
11
261
$343,778
$850,000
$95,000
$295,000
30.79
83.33
110.48
-‐33.93
30.41
-‐65.45
-‐46.36
$3,121,800
6
124
$520,300
$651,800
$275,000
$550,000
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MARKET DETAILS | C ANYON SINGLE-‐FAMILY
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$10,631,263
11
255
$845,696
$2,750,000
$270,000
$460,000
-‐36.21
-‐57.69
-‐0.78
37.79
50.68
145.45
-‐18.58
$16,664,800
26
257
$613,741
$1,825,000
$110,000
$565,000
629.67
188.89
289.39
141.86
319.54
-‐37.14
177.64
$2,283,875
9
66
$253,764
$435,000
$175,000
$203,500
-‐77.75
-‐35.71
-‐79.18
-‐65.39
-‐74.41
133.33
-‐60.68
$10,264,684
14
317
$733,192
$1,700,000
$75,000
$517,500
69.53
7.69
44.75
68.20
44.19
-‐7.41
78.51
$6,054,900
13
219
$435,900
$1,179,000
$81,000
$289,900
-‐25.76
44.44
195.95
-‐51.90
-‐71.59
-‐67.60
-‐35.58
$8,156,000
9
74
$906,222
$4,150,000
$250,000
$450,000
CONDOMINIUM/TOWNHOME SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
2014
$0
0
0
$0
$0
$0
$0
% Change
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2013
$0
0
0
$0
$0
$0
$0
% Change
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2012
$0
0
0
$0
$0
$0
$0
% Change
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2011
$0
0
0
$0
$0
$0
$0
% Change
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2010
$0
0
0
$0
$0
$0
$0
% Change
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2009
$0
0
0
$0
$0
$0
$0
LAND
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$2,176,900
9
255
$232,129
$470,000
$82,000
$245,000
-‐11.09
-‐25.00
136.11
33.52
-‐27.69
36.67
61.72
$2,448,500
12
108
$173,850
$650,000
$60,000
$151,500
6.10
33.33
-‐58.14
-‐32.20
0.00
-‐20.00
-‐40.59
$2,307,750
9
258
$256,417
$650,000
$75,000
$255,000
119.79
125.00
-‐46.03
-‐2.32
100.00
-‐63.41
-‐1.92
$1,050,000
4
478
$262,500
$325,000
$205,000
$260,000
-‐23.58
33.33
139.00
-‐42.69
-‐28.41
-‐52.33
-‐42.22
$1,374,000
3
200
$458,000
$454,000
$430,000
$450,000
-‐38.33
-‐50.00
-‐44.29
23.34
-‐35.14
711.32
12.50
$2,228,000
6
359
$371,333
$700,000
$53,000
$400,000
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TOTAL DOORS
DOORS SOLD
DEVELOPMENT COMPLETE
BIG SKY RESORT
800
200
25%
MOONLIGHT
1651
353
21%
SPANISH PEAKS
395
195
49%
YELLOWSTONE CLUB
864
375+
40-50%
(450 MEMBERS)
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bigskysir.com
Sold 2014 Condos/Twnhm: 17 Homes: 14 Homesites: 4 Pending: 8 MEADOW VILLAGE Sold 2014 Condos/Twnhm: 76
Sold 2014 Condos/Twnhm: 58 Homes: 12 Homesites: 15 Pending: 10
Sold in MLS 2014 Condos/Twnhm: 1 Homes: 3 Homesites: 1 Pending: 0
Sold 2014 Condos/Twnhm: 5 Homes: 7 Homesites: 8 Pending: 1
Homes: 40 Homesites: 23 Pending: 24
GALLATIN CANYON Sold 2014 Homes: 11 Homesites: 9 Pending: 7 (All Commercial Lots)
MARKET DETAILS | BIG SKY SINGLE-‐FAMILY
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$16,059,000
12
225
$1,278,300
$2,825,000
$451,000
$1,227,500
144.14
50.00
11.39
55.77
132.99
2.15
42.26
$6,577,725
8
202
$820,621
$1,212,500
$441,500
$862,863
-‐21.30
0.00
-‐11.79
-‐21.45
-‐26.52
-‐32.08
0.33
$8,357,500
8
229
$1,044,688
$1,650,000
$650,000
$860,000
327.49
300.00
-‐31.23
6.87
34.15
-‐10.34
-‐12.02
$1,955,000
2
333
$977,500
$1,230,000
$725,000
$977,500
-‐17.41
0.00
79.03
-‐17.41
1.65
-‐37.34
-‐17.41
$2,367,000
2
186
$1,183,500
$1,210,000
$1,157,000
$1,183,500
-‐74.48
-‐75.00
-‐54.19
2.08
-‐48.51
71.41
18.65
$9,275,000
8
406
$1,159,375
$2,350,000
$675,000
$997,500
CONDOMINIUM/TOWNHOME
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$23,234,324
58
177
$392,577
$1,175,000
$75,000
$289,500
-‐24.45
-‐19.44
-‐33.21
-‐5.41
-‐28.79
41.51
-‐11.47
$30,754,668
72
265
$415,024
$1,650,000
$53,000
$327,000
182.48
75.61
16.23
56.29
81.32
32.50
64.32
$10,887,425
41
228
$265,547
$910,000
$40,000
$199,000
-‐28.10
-‐48.75
-‐10.59
40.29
-‐43.13
66.67
-‐13.85
$15,142,330
80
255
$189,279
$1,600,000
$24,000
$231,000
40.45
175.86
37.10
-‐47.88
72.04
-‐46.67
-‐36.71
$10,781,002
29
186
$363,185
$930,000
$45,000
$365,000
39.71
31.82
-‐45.93
3.55
-‐13.49
-‐32.33
21.67
$7,716,500
22
344
$350,750
$1,075,000
$66,500
$300,000
LAND
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$4,952,000
15
285
$246,385
$1,650,000
$99,000
$250,000
84.09
25.00
47.67
13.02
307.41
-‐5.71
16.55
$2,690,000
12
193
$218,000
$405,000
$105,000
$214,500
278.87
200.00
-‐34.80
22.82
88.37
-‐25.00
20.85
$710,000
4
296
$177,500
$215,000
$140,000
$177,500
-‐34.86
-‐20.00
22.82
-‐18.58
-‐17.31
-‐15.15
-‐26.04
$1,090,000
5
241
$218,000
$260,000
$165,000
$240,000
65.15
150.00
363.46
-‐33.94
-‐23.53
-‐48.44
-‐27.27
$660,000
2
52
$330,000
$340,000
$320,000
$330,000
-‐53.41
-‐60.00
-‐60.31
16.46
10.84
28.00
10.00
$1,416,750
5
131
$283,350
$306,750
$250,000
$300,000
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MARKET DETAILS | MOONLIGHT SINGLE-‐FAMILY
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$22,359,000
14
362
$1,500,750
$3,800,000
$550,000
$1,277,500
492.09
180.00
-‐34.42
92.30
285.79
22.22
55.55
$3,776,300
5
552
$780,433
$985,000
$450,000
$821,300
-‐77.03
-‐64.29
181.63
-‐33.53
-‐70.15
11.11
-‐13.34
$16,438,000
14
196
$1,174,143
$3,300,000
$405,000
$947,750
-‐1.52
27.27
-‐51.00
-‐22.62
-‐13.04
6.58
1.91
$16,692,100
11
400
$1,517,464
$3,795,000
$380,000
$930,000
45.53
-‐8.33
73.91
62.61
137.19
-‐26.21
0.65
$11,470,250
12
230
$933,200
$1,600,000
$515,000
$924,000
183.99
200.00
63.12
-‐7.58
10.34
-‐5.33
-‐9.63
$4,039,000
4
141
$1,009,750
$1,450,000
$544,000
$1,022,500
CONDOMINIUM/TOWNHOME
2014 % Change
2013 % Change
2012
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% Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$13,436,344
17
233
$763,920
$1,600,000
$377,544
$635,000
31.94
13.33
-‐12.08
21.72
0.00
-‐11.17
28.28
$10,183,900
15
265
$627,608
$1,600,000
$425,000
$495,000
41.94
66.67
-‐8.93
-‐21.28
11.89
21.43
4.21
$7,175,000
9
291
$797,222
$1,430,000
$350,000
$475,000
6.43
-‐18.18
20.75
30.08
12.16
10.69
18.75
$6,741,700
11
241
$612,882
$1,275,000
$316,200
$400,000
42.83
10.00
-‐39.60
43.78
30.77
-‐5.61
-‐7.51
$4,720,150
10
399
$426,269
$975,000
$335,000
$432,500
117.02
400.00
-‐34.38
-‐60.80
-‐35.00
-‐50.37
-‐60.23
$2,175,000
2
608
$1,087,500
$1,500,000
$675,000
$1,087,500
LAND
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$4,295,000
4
64
$1,050,000
$1,450,000
$745,000
$1,050,000
-‐7.22
-‐33.33
-‐72.29
41.94
23.93
49.00
31.74
$4,629,000
6
231
$739,750
$1,170,000
$500,000
$797,000
-‐10.20
0.00
-‐37.40
-‐13.90
-‐53.20
42.86
62.65
$5,155,000
6
369
$859,167
$2,500,000
$350,000
$490,000
1030.48
500.00
97.33
88.41
448.25
-‐23.25
7.46
$456,000
1
187
$456,000
$456,000
$456,000
$456,000
-‐47.22
-‐50.00
-‐5.08
5.56
-‐1.94
14.29
5.56
$864,000
2
197
$432,000
$465,000
$399,000
$432,000
103.29
100.00
-‐48.43
1.65
9.41
-‐6.12
1.65
$425,000
1
382
$425,000
$425,000
$425,000
$425,000
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MARKET DETAILS | SPANISH PEAKS SINGLE-‐FAMILY
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$12,940,000
4
297
$2,970,000
$3,700,000
$2,850,000
$2,970,000
288.01
100.00
-‐73.34
78.11
87.34
109.56
78.11
$3,335,000
2
1114
$1,667,500
$1,975,000
$1,360,000
$1,667,500
-‐41.95
-‐33.33
415.74
-‐12.92
-‐31.90
8.80
4.55
$5,745,000
3
216
$1,915,000
$2,900,000
$1,250,000
$1,595,000
-‐30.99
0.00
-‐61.97
-‐30.99
-‐39.58
25.00
-‐36.83
$8,324,999
3
568
$2,775,000
$4,800,000
$999,999
$2,525,000
8.82
0.00
-‐1.39
8.82
62.71
-‐46.67
-‐10.62
$7,650,000
3
576
$2,550,000
$2,950,000
$1,875,000
$2,825,000
8.15
50.00
0.52
-‐27.90
-‐29.32
-‐35.34
-‐20.13
$7,073,715
2
573
$3,536,858
$4,173,715
$2,900,000
$3,536,858
CONDOMINIUM/TOWNHOME
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$4,550,000
3
107
$1,516,667
$1,700,000
$1,350,000
$1,500,000
23.98
0.00
-‐77.14
23.98
21.43
35.68
17.65
$3,670,000
3
468
$1,223,333
$1,400,000
$995,000
$1,275,000
-‐9.72
-‐25.00
-‐27.22
20.38
10.67
17.06
30.77
$4,065,000
4
643
$1,016,250
$1,265,000
$850,000
$975,000
20.44
100.00
-‐7.75
-‐39.78
-‐33.42
-‐42.37
-‐42.22
$3,375,000
2
697
$1,687,500
$1,900,000
$1,475,000
$1,687,500
2.27
0.00
101.45
2.27
0.00
5.36
2.27
$3,300,000
2
346
$1,650,000
$1,900,000
$1,400,000
$1,650,000
$0
0
0
$0
$0
$0
$0
% Change
2009
LAND
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010 % Change
2009
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$625,000
2
151
$312,500
$350,000
$275,000
$312,500
-‐81.44
-‐86.67
27.97
42.14
-‐12.50
150.00
32.98
$3,368,000
15
118
$219,846
$400,000
$110,000
$235,000
67.88
66.67
-‐68.87
-‐1.37
-‐4.65
10.00
17.50
$2,006,150
9
379
$222,906
$419,500
$100,000
$200,000
1.12
28.57
98.43
-‐21.63
-‐55.84
-‐16.67
21.21
$1,984,000
7
191
$284,429
$950,000
$120,000
$165,000
-‐63.23
-‐36.36
16.46
-‐43.27
31.94
-‐26.38
-‐69.16
$5,395,000
11
164
$501,333
$720,000
$163,000
$535,000
34.31
57.14
-‐18.81
-‐12.63
-‐10.00
-‐44.75
-‐6.14
$4,016,800
7
202
$573,829
$800,000
$295,000
$570,000
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MARKET DETAILS | YELLOWSTONE CLUB SINGLE-‐FAMILY
2014 % Change
2013 % Change
2012 % Change
2011 % Change
2010
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
$30,540,000
3
358
38.19
-‐40.00
261.62
156.64
$22,100,000
5
99
557.74
400.00
$3,360,000
1
-‐36.60
0.00
$5,300,000
1
9.28
0.00
$4,850,000
1
$0
0
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$2,550,000
$10,990,000
126.67
-‐5.56
181.79
$3,966,667
$7,500,000
$2,700,000
$3,900,000
1880.00
18.06
123.21
-‐19.64
16.07
5
$3,360,000
$3,360,000
$3,360,000
$3,360,000
-‐36.60
-‐36.60
-‐36.60
-‐36.60
$5,300,000
$5,300,000
$5,300,000
$5,300,000
9.28
9.28
9.28
9.28
*
$4,850,000
$4,850,000
$4,850,000
$4,850,000
*
$0
$0
$0
$0
$10,180,000 $17,000,000
*
% Change
2009
CONDOMINIUM/TOWNHOME
2014
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$7,000,000
1
103
$7,000,000
$7,000,000
$7,000,000
$7,000,000
$0
0
0
$0
$0
$0
$0
$0
0
0
$0
$0
$0
$0
-‐100.00
-‐100.00
-‐100.00
-‐100.00
-‐100.00
-‐100.00
-‐100.00
$2,850,000
1
334
$2,850,000
$2,850,000
$2,850,000
$2,850,000
$0
0
*
$0
$0
$0
$0
$0
0
*
$0
$0
$0
$0
% Change
2013 % Change
2012
Browse all MLS listings and learn more about the market at
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% Change
2011 % Change
2010 % Change
2009
LAND
2014 % Change
2013
SALES VOLUME
# OF SALES
AVG. DAYS ON MARKET
AVG. SALE
HIGH SALE
LOW SALE
MEDIAN SALE
$1,490,000
1
312
$1,490,000
$1,490,000
$1,490,000
$1,490,000
-‐76.16
-‐75.00
285.19
-‐1.49
-‐23.59
16.86
-‐1.49
$6,250,000
4
81
$1,512,500
$1,950,000
$1,275,000
$1,512,500
$0
0
0
$0
$0
$0
$0
-‐100.00
-‐100.00
-‐100.00
-‐100.00
-‐100.00
-‐100.00
-‐100.00
$2,450,000
2
45
$1,225,000
$1,250,000
$1,200,000
$1,225,000
-‐5.15
0.00
-‐5.15
-‐9.62
-‐13.23
-‐5.15
$2,583,000
2
*
$1,291,500
$1,383,000
$1,383,000
$1,291,500
$0
0
*
$0
$0
$0
$0
% Change
2012 % Change
2011 % Change
2010 % Change
2009
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Unique Visitors
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Pages/Visit
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