2ND QUARTER MARKET REPORT 2020 · Big Sky, Montana
F E AT UR E D L I S T I N GS
5 DERRINGER | $1,795,000
1A RED CLOUD LOOP | $1,449,000
• 2 bdrms + loft | 3 baths | 1,804 +/- SF | .08 acres | 1-car, attached garage • 4 bdrms | 3 baths | 2,435 +/- SF | 1-car, detached garage • Stunning panoramic views from the large deck and direct access to the White Otter ski trail • Offered fully-furnished and turnkey with great rental history • Ski-in/ski-out access and large wrap-around deck with expansive mountain views & hot tub • Enjoy the dramatic stone fireplace, hardwood floors, in-floor radiant heat, family room and more
SANDY REVISKY | 406.539.6316
104 ROSE BUD LOOP | $1,444,000
• 4 bdrm | 3 baths | 2,577 +/- SF | 1-car, detached garage • Meticulously upgraded kitchen, bathrooms, lower-level family room and deck ski lockers • Offering direct ski-in/ski-out access, commanding mountain views, and lower-level hot tub
MICHAEL THOMAS | 406.581.2400 1
LYNN MILLIGAN | 406.581.2848
SHOSHONE CONDOMINIUM 1981 | $475,000
• 2 bdrm | 3 bath | 1,232 +/- SF • Top floor unit with brand-new applicances, kitchen cabinets, countertops, floors & fireplace • Prime location in the Mountain Village next to shopping, restaurants, and chairlifts
MARY WHEELER | 406.539.1745
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
2020 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 2018, 2019, and 2020.
January 1 - June 30th BIG SKY
2018
2019
2020
Total Closed Sales
202
188
129
Total Gross Volume
$162,984,623
$188,659,290
$168,006,741
Average Price
$824,426
$1,003,507
$1,302,378
Median Price
$520,000
$649,500
$900,000
Average % Sold Price to List Price
97.2%
97.3%
96%
Average Days on the Market
193
161
172
Lowest Price
$42,500
$120,000
$149,000
Highest Price
$4,500,000
$6,850,000
$8,000,000
*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
2018
2019
2020
C O M PA R E D BY PROPERTY TYPE
Number of Properties Sold
42
44
29
Total Gross Volume
$71,453,254
$90,793,206
$72,580,905
Comparison of real estate sales by property type in Big Sky, Montana from January 1st through June 30th in 2018, 2019, and 2020. Property types included are Single Family Homes, Condominiums and Land.
Mountain Properties Sold
21
23
12
Meadow Properties Sold
13
16
12
Canyon Properties Sold
8
5
5
Average Price
$1,701,268
$2,063,482
$2,502,790
Median Price
$1,542,000
$1,687,500
$1,752,300
Average Days on the Market
162
147
146
Average Price Per Square Foot
$515.13
$610.30
$570.88
Median Price Per Square Foot
$475.36
$652.11
$508.72
Lowest Price
$225,000
$370,000
$413,000
Highest Price
$4,500,000
$6,850,000
$8,000,000
3
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
2018
2019
2020
2018
2019
2020
108
101
69
50
41
30
$65,086,839
$68,117,684
$69,621,584
$26,444,530
$29,378,400
$24,670,252
60
64
40
21
24
22
48
36
28
26
16
6
-
1
-
3
1
2
$602,656
$674,433
$1,023,847
$528,891
$716,546
$822,342
$410,000
$487,000
$523,750
$355,000
$430,000
$925,000
130
129
161
349
256
231
$373.55
$371.69
$489.47
-
-
-
$301.68
$353.29
$398.20
-
-
-
$42,500
$125,000
$175,000
$155,000
$165,800
$275,000
$3,000,000
$2,538,978
$3,527,495
$2,950,000
$5,150,000
$1,800,000
*Excludes Yellowstone Club, Commercial, and Forest Service Leases sales.
4
BI G S KY, M O N TA N A
2020 2 ND QUARTER MARKET REPORT
YOUR TRUSTED EXPERTS FOR Big Sky REAL ESTATE.
JACKIE MILLER
LYNN MILLIGAN
MARY WHEELER
WILLIAM FEHER
Broker jackie@purewestproperties.com 406-539-5003
Broker mwheelerbigsky@gmail.com 406.539.1745
5
Broker lynnebrush@gmail.com 406-581-2848
Associate william@cascaderidge.com 406-600-0275
SANDY REVISKY Broker sandy@ownbigsky.com 406-539-6316
BRENNA KELLEHER Associate brennakelleher@gmail.com 406-581-3361
MICHAEL THOMAS Broker michael.bigsky@gmail.com 406-581-2400
MIRANDA WHEELER Associate mirandalwheeler@gmail.com 406-640-1655
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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