2ND QUARTER MARKET REPORT 2019 · Big Sky, Montana
F E AT UR E D L I S T I N GS
CASCADE RIDGE CONDOS | $2,595,000+
SUMMIT PENTHOUSE 11004 | $1,995,000
• 6 bdrm | 6.5 bath | 4,354 +/- SF | 2-car garage • Owners have usage of the exclusive Cascade Ridge Lodge • Exceptional ski-in/ski-out access with awe-inspiring mountain and valley views SANDY REVISKY | 406.539.6316 AND WILLIAM FEHER | 406.600.0275
• 4 bdrm | 4 bath | 2,906 +/- SF | Underground parking • Boasting one of the largest floor plans and a premier location on the 10th/11th floor • Direct access to 2 chairlifts, including the new Ramcharger 8, and all village amenities MARY WHEELER | 406.539.1745
THE LODGES AT ELKHORN CREEK | $1,275,000
ULERY’S LAKES, LOT 7 | $1,100,000
• 4-6 bdrms | 3-5 baths | 2,050 - 3,150 +/- SF | Underground, heated parking • Choice of 3 floors and 6 available floor plans with heated, underground parking • Ideal Mountain Lifestyle location with immediate proximity to Big Sky Resort MICHAEL THOMAS | 406.581.2400
• 24.75 +/- acres • Located within a 500-acre community providing seclusion and privacy • Enjoy fishing across the street as well as hiking, x-country skiing, and snow-shoeing LYNN MILLIGAN | 406.581.2848
2 SUMMIT VIEW DRIVE, UNIT 302A | $795,000
TBD OUTLOOK TRAIL, LOT 1 | $359,900
• 3 bdrm | 3.5 baths | 1,783 +/- SF | Underground, heated parking • Many upgrades including new flooring, granite/quartz countertops, custom lighting • 800 SF deck with direct Lone Mountain views, exterior fireplace, & hot tub hook-up SANDY REVISKY | 406.539.6316
• 2.962 +/- acres • Old growth trees, abundant wildlife, and live water • Close to all Meadow amenities and adjacent to x-country and mountain biking trails JACKIE MILLER | 406.539.5003
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The foregoing information was obtained from the Southwest Montana Multiple Listing Service and while deemed reliable is not guaranteed. Independent investigation before purchase is recommended. Price and availability subject to change without notice.
BI G S KY, M O N TA N A
2019 2 ND QUARTER MARKET REPORT
M A R K E T
U P D A T E
•
Q U I C K
S T A T S
A side-by-side comparison of all real estate sales in Big Sky, Montana from January 1st through June 30th in 2017, 2018, and 2019.
January 1 - June 30th BIG SKY
2017
2018
2019
Total Closed Sales
188
202
188
Total Gross Volume
$118,963,962
$162,984,623
$188,659,290
Average Price
$662,707
$824,426
$1,003,507
Median Price
$373,250
$520,000
$649,500
Average % Sold Price to List Price
94.7%
97.2%
97.3%
Average Days on the Market
262
193
161
Lowest Price
$85,000
$42,500
$120,000
Highest Price
$3,800,000
$4,500,000
$6,850,000
*Excludes Yellowstone Club sales
B I G S K Y P U R E W E S T. C O M • 4 0 6 - 9 9 5 - 4 0 0 9
2
SINGLE FAMILY HOMES © PEAK PHOTOGRAPHY
2017
2018
2019
C O M PA R E D BY PROPERTY TYPE
Number of Properties Sold
31
42
44
Total Gross Volume
$44,024,786
$71,453,254
$90,793,206
Comparison of real estate sales by property type in Big Sky, Montana from January 1st through June 30th in 2017, 2018, and 2019. Property types included are Single Family Homes, Condominiums and Land.
Mountain Properties Sold
11
21
23
Meadow Properties Sold
14
13
16
Canyon Properties Sold
6
8
5
Average Price
$1,420,154
$1,701,268
$2,063,482
Median Price
$1,170,000
$1,542,000
$1,687,500
Average Days on the Market
297
162
147
Average Price Per Square Foot
$412.84
$515.13
$610.30
Median Price Per Square Foot
$328.92
$475.36
$652.11
Lowest Price
$350,000
$225,000
$370,000
Highest Price
$3,800,000
$4,500,000
$6,850,000
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B I G S K Y P U R E W E S T. C O M • 4 0 6 - 9 9 5 - 4 0 0 9
CONDOMINIUMS
LAND
2017
2018
2019
2017
2018
2019
96
108
101
56
50
41
$54,831,051
$65,086,839
$68,117,684
$20,108,125
$26,444,530
$29,378,400
56
60
64
20
21
24
40
48
36
27
26
16
-
-
1
9
3
1
$571,157
$602,656
$674,433
$359,074
$528,891
$716,546
$371,250
$410,000
$487,000
$200,000
$355,000
$430,000
179
130
129
376
349
256
$312.25
$373.55
$371.69
-
-
-
283.33
$301.68
$353.29
-
-
-
$85,000
$42,500
$125,000
$89,500
$155,000
$165,800
$3,000,000
$3,000,000
$2,538,978
$2,800,000
$2,950,000
$5,150,000
*Excludes Yellowstone Club, Commercial, and Forest Service Leases sales.
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BI G S KY, M O N TA N A
2019 2 ND QUARTER MARKET REPORT
YOUR TRUSTED EXPERTS FOR Big Sky REAL ESTATE.
JACKIE MILLER
Broker jackie@purewestproperties.com 406-539-5003
MICHAEL THOMAS Broker michael.bigsky@gmail.com 406-581-2400
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LYNN MILLIGAN Broker lynnebrush@gmail.com 406-581-2848
MARY WHEELER
Broker mwheelerbigsky@gmail.com 406.539.1745
SANDY REVISKY Broker sandy@ownbigsky.com 406-539-6316
WILLIAM FEHER
Associate william@cascaderidge.com 406-600-0275
BRENNA KELLEHER Associate brennakelleher@gmail.com 406-581-3361
The foregoing information was obtained from the Southwest Montana Multiple Listing Service and while deemed reliable is not guaranteed. Independent investigation before purchase is recommended. Price and availability subject to change without notice. Statistics do not include Yellowstone Club sales.
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