1ST QUARTER MARKET REPORT 2021 · Big Sky, Montana
N O TAB L E S AL E S HOMES
14 SWIFT BEAR ROAD | BIG SKY
· 6 bdrm | 6 bath | 5,110± SF | 1.51± acres | 2-car, attached garage with ADU · Custom home with unique architecure and panoramic Lone Mountain views · Listed at $2,995,000 REPRESENTED BOTH SELLER AND BUYER
14 WASHAKI ROAD | BIG SKY
· 4 bdrm | 4.5 bath | 4,592± SF | .889± acres | 2-car, attached garage · Dramatic Lone Mountain views abound from with Mountain Village home · Listed at $2,995,000 REPRESENTED BUYER
CONDOMINIUMS
1A RED CLOUD LOOP | BIG SKY
· 4 bdrm | 3 bath | 2,435± SF | 1-car, attached garage · Cozy, ski-in/ski-out cabin with every updated offered at the time of construction · Listed at $1,919,000 REPRESENTED SELLER
137 BEAVERHEAD TRAIL, UNIT 401 | BIG SKY
· 3 bdrm | 2.5 bath | 2,677± SF | 2-car, attached garage · Top-floor penthouse with incredible ski-in/ski-out access & unobstructed views · Listed at $1,770,000 REPRESENTED SELLER
LAND
10 & 18 BLACK MOON ROAD | BIG SKY
· 2.861± acres · Two, premium adjacent lots with expansive mountain views in every direction · Listed at $1,550,000 REPRESENTED SELLER 1 1
ULERY’S LAKE, LOT 7 | BIG SKY
· 24.76± acres · Gated community location with unobstructed Lone Mountain views · Listed at $1,100,000 REPRESENTED SELLER
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
2021 1 ST 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 March 31st in 2019, 2020, and 2021.
January 1 - March 31st BIG SKY
2019
2020
2021
Total Closed Sales
75
75
137
Total Gross Volume
$65,133,613
$103,305,557
$175,073,100
Average Price
$868,448
$1,377,407
$1,227,906
Median Price
$550,000
$975,000
$780,000
Average % Sold Price to List Price
96.9%
96.2%
99.0%
Average Days on the Market
204
179
201
Lowest Price
$125,000
$175,000
$142,000
Highest Price
$5,150,000
$8,000,000
$9,500,000
*Excludes Yellowstone Club sales
The foregoing information was obtained from the Big Sky Country 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.
2
SINGLE FAMILY HOMES 2019
2020
2021
C O M PA R E D BY PROPERTY TYPE
Number of Properties Sold
18
21
21
Total Gross Volume
$30,363,133
$56,557,602
$50,434,000
Comparison of real estate sales by property type in Big Sky, Montana from January 1st through March 31st in 2019, 2020, and 2021. Property types included are Single Family Homes, Condominiums, and Land.
Mountain Properties Sold
8
10
11
Meadow Properties Sold
9
9
2
Canyon Properties Sold
1
2
8
Average Price
$1,686,840
$2,693,219
$2,401,619
Median Price
$1,575,000
$1,900,000
$2,265,000
Average Days on the Market
172
156
150
Average Price Per Square Foot
$493.90
$610.07
$645.67
Median Price Per Square Foot
$537.11
$556.47
$568.65
Lowest Price
$689,000
$370,000
$800,000
Highest Price
$3,836,113
$6,850,000
$6,950,000
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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
2019
2020
2021
2019
2020
2021
36
36
59
20
16
54
$16,174,500
$34,853,702
$58,957,500
$18,596,000
$10,760,252
$60,994,100
24
24
31
12
9
27
12
12
28
7
6
13
-
-
-
1
1
14
$445,014
$968,158
$999,280
$929,800
$672,516
$1,129,520
$386,750
$397,500
$565,000
$457,500
$497,500
$625,000
123
178
187
347
244
226
$349.50
$464.82
$498.17
-
-
-
$332.39
$378.51
$418.66
-
-
-
$125,000
$175,000
$142,000
$148,000
$275,000
$205,000
$1,100,000
$3,527,495
$4,100,000
$5,150,000
$1,250,252
$9,500,000
*Excludes Yellowstone Club, Commercial, and Forest Service Leases sales.
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BI G S KY, M O N TA N A
2021 1 ST 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 Big Sky Country 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.
WWW.BIGSKYPUREWEST.COM
WE SET THE STANDARD FOR RECORD-SETTING SALES IN MONTANA 16 OFFICES | 197 SALES ASSOCIATES $1.6 BILLION IN SALES STATEWIDE | 2,802 TRANSACTIONS 88 Ousel Falls Road, Suite B Big Sky, MT 59716 406.995.4009 www.BigSkyPureWest.com