2ND QUARTER MARKET REPORT 2021 · Big Sky, Montana
F E AT UR E D L I S T I N GS
48050 & 48121 GALLATIN ROAD | $9,500,000
2033 OUSEL FALLS ROAD | $5,715,000
• 31± acre legacy property with 2100’ Gallatin River frontage, two spring creeks, a • 20.77± acre 1923 Presidential Grant Homestead property that can accommodate short take-off & landing aircraft located on the route to the Yellowstone Club and SPMC private pond, outbuildings, two wells, and two septic systems • 5 minutes from Town Center, 15 minutes from Big Sky Resort, 40 minutes from airport & YNP • Proximity to all Meadow amenities and just a short drive to the Big Sky Resort
MARY WHEELER | 406.539.1745
2670 BOBTAIL HORSE ROAD | $2,900,000
• 3 bdrm | 4.5 baths | 3,850± SF | .86 acres • Boasting mountain views, large exterior decks, mature landscaping, and backing to open space, enjoy privacy while being close to all Big Sky amenities and activities
SANDY REVISKY | 406.539.6316 1
LYNN MILLIGAN | 406.581.2848
TBD SUMMIT VIEW DRIVE | $975,000
• 2.85± acres • Gated access with panoramic Lone Mountain views and subdivision walking trail • Ski or bike at Big Sky Resort located just across the street from the neighborhood entrance
JACKIE MILLER | 406.539.5003
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
2021 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 2019, 2020, and 2021.
January 1 - June 30th BIG SKY
2019
2020
2021
Total Closed Sales
188
129
261
Total Gross Volume
$188,659,290
$168,006,741
$387,028,192
Average Price
$1,003,507
$1,302,378
$1,336,388
Median Price
$649,500
$900,000
$815,000
Average % Sold Price to List Price
97.3%
96%
100%
Average Days on the Market
161
172
184
Lowest Price
$120,000
$149,000
$142,000
Highest Price
$6,850,000
$8,000,000
$11,000,000
*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
2019
2020
2021
C O M PA R E D BY PROPERTY TYPE
Number of Properties Sold
44
29
43
Total Gross Volume
$90,793,206
$72,580,905
$115,149,800
Comparison of real estate sales by property type in Big Sky, Montana from January 1st through June 30th in 2019, 2020, and 2021. Property types included are Single Family Homes, Condominiums and Land.
Mountain Properties Sold
23
12
13
Meadow Properties Sold
16
12
15
Canyon Properties Sold
5
5
15
Average Price
$2,063,482
$2,502,790
$2,573,786
Median Price
$1,687,500
$1,752,300
$2,265,000
Average Days on the Market
147
146
133
Average Price Per Square Foot
$610.30
$570.88
$676.81
Median Price Per Square Foot
$652.11
$508.72
$610.58
Lowest Price
$370,000
$413,000
$757,500
Highest Price
$6,850,000
$8,000,000
$7,400,000
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
2019
2020
2021
2019
2020
2021
101
69
123
41
30
89
$68,117,684
$69,621,584
$133,410,292
$29,378,400
$24,670,252
$131,464,600
64
40
60
24
22
22
36
28
63
16
6
35
1
-
-
1
2
32
$674,433
$1,023,847
$946,246
$716,546
$822,342
$1,228,641
$487,000
$523,750
$620,000
$430,000
$925,000
$685,000
129
161
187
256
231
191
$371.69
$489.47
$526.29
-
-
-
$353.29
$398.20
$444.14
-
-
-
$125,000
$175,000
$142,000
$165,800
$275,000
$210,000
$2,538,978
$3,527,495
$5,500,000
$5,150,000
$1,800,000
$11,000,000
*Excludes Yellowstone Club and Commercial sales.
4
BI G S KY, M O N TA N A
2021 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.
WWW.BIGSKYPUREWEST.COM
WE SET THE STANDARD
FOR REAL ESTATE IN BIG SKY
Whether you’re starting your first home search or are in the market for a home away from home, PureWest Christie’s has the expertise, integrity and technology to ensure your sale or purchase is a seamless one. With over 100 years of combined experience in the Big Sky real estate market, we understand why you’re drawn to Big Sky; it’s why we made it our home too.
88 Ousel Falls Road, Suite B Big Sky, MT 59716 406.995.4009 www.BigSkyPureWest.com