3RD QUARTER MARKET REPORT 2020 · Big Sky, Montana
F E AT UR E D L I S T I N GS
14 SWIFT BEAR ROAD | $2,995,000
• 6 bdrm | 6 bath | 5,110± SF | 1.51± acres | 2-car, attached garage with ADU • Enjoy primarily 1-level living with panoramic Lone Mountain views & easy ski access • Standalone sauna, hot tub, large patio, pond with circulating stream, and more SANDY REVISKY | 406.539.6316
SUMMIT CONDOMINIUM 10313 | $595,000 • 2 bdrm | 3 bath | 1,311± SF | Seller to payoff remodeling assessment • Centrally situated in the base area of Big Sky Resort with immediate ski access • Tri-hull unit with 3 separate lock-off configurations for maximum rental potential MARY WHEELER | 406.539.1745
SHOSHONE CONDOMINIUM 1909 | $279,000 • 1 bdrm | 1.5 bath | 798± SF • Easy ski access in the heart of Big Sky Resort’s Mountain Village with many amenities • Proximity to base area restaurants, shopping, spa; owners enjoy building pool & hot tub MICHAEL THOMAS | 406.581.2400 1
TBD ULERY’S LAKES, LOT 7 | $1,100,000
• 24.75± acres • Located within the 500-acre, gated community of Ulery’s Lakes of Moonlight Basin • Enjoy privacy with access to fishing, hiking, snow-shoeing, x-country skiing and more LYNN MILLIGAN | 406.581.2848
MEADOWVIEW CONDOMINIUMS | $155,000+
Phase II of the MeadowView Condominiums is nearing completion with units still available to local employees who qualify. Enjoy a central location with immediate access to the community park, beautiful finishes, and garages. MARY WHEELER | 406.539.1745
85 PRIMROSE LANE | $210,000
• .38± acres • Best priced lot in Big Sky located in the Ramshorn Subdivision • Level homesite with proximity to schools, WMPAC, recreating, and more BRENNA KELLEHER | 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.
BI G S KY, M O N TA N A
2020 3 RD 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 September 30th in 2018, 2019, and 20.
January 1 - September 30th BIG SKY
2018
2019
2020
Total Closed Sales
294
274
299
Total Gross Volume
$260,053,000
$284,237,640
$385,637,709
Average Price
$725,283
$1,037,364
$1,289,758
Median Price
$544,500
$649,500
$830,000
Average % Sold Price to List Price
97%
97%
97%
Average Days on the Market
188
166
173
Lowest Price
$116,000
$72,500
$40,000
Highest Price
$4,950,000
$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
66
66
77
Total Gross Volume
$108,434,072
$142,239,206
$188,254,873
Comparison of real estate sales by property type in Big Sky, Montana from January 1st through September 30th in 2017, 2018, and 2019. Property types included are Single Family Homes, Condominiums, and Land.
Mountain Properties Sold
28
34
33
Meadow Properties Sold
23
30
33
Canyon Properties Sold
15
12
11
Average Price
$1,642,940
$2,155,139
$2,444,868
Median Price
$1,410,000
$1,755,000
$1,752,300
Average Days on the Market
172
150
142
Average Price Per Square Foot
$493.90
$610.56
$590.19
Median Price Per Square Foot
$444.14
$669.32
$500.15
Lowest Price
$225,000
$370,000
$274,245
Highest Price
$4,950,000
$6,850,000
$8,000,000
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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
2018
2019
2020
2018
2019
2020
151
136
135
70
68
83
$91,292,898
$96,601,534
$141,059,584
$34,568,230
$42,364,900
$54,524,252
79
78
75
28
41
44
72
58
60
36
24
27
-
-
-
6
3
12
$604,589
$710,305
$1,044,886
$491,403
$623,013
$656,919
$420,000
$534,500
$600,000
$335,750
$428,000
$485,000
123
113
131
347
279
240
$349.50
$377.86
$488.38
-
-
-
$302.15
$352.95
$413.13
-
-
-
$116,000
$125,000
$40,000
$155,000
$148,000
$205,000
$3,000,000
$2,540,270
$4,450,000
$2,950,000
$5,150,000
$2,300,000
*Excludes Yellowstone Club, Commercial, and Forest Service Leases sales.
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BI G S KY, M O N TA N A
2020 3 RD QUARTER MARKET REPORT
YOUR TRUSTED EXPERTS FOR Big Sky REAL ESTATE.
JACKIE MILLER
LYNN MILLIGAN
SANDY REVISKY
MICHAEL THOMAS
MARY WHEELER
WILLIAM FEHER
BRENNA KELLEHER
MIRANDA WHEELER
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
Broker sandy@ownbigsky.com 406-539-6316
Associate brennakelleher@gmail.com 406-581-3361
Broker michael.bigsky@gmail.com 406-581-2400
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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