1ST QUARTER MARKET REPORT 2022 · Big Sky, Montana
AVAI L AB L E P R O P E RT I E S
13 SADDLE RIDGE ROAD, F-4 | $3,099,000
· 2 bdrm | 3 bath | 1,632 SF · South-facing, “front row” location with true ski-in/ski-out access to 2 chairlifts · Can be converted into 3 bedrooms; proximity to the exclusive Moonlight Lodge SANDY REVISKY | 406.539.6316
170 TIMBERCREST ROAD, J-4 | $2,395,000
· 4 bdrm | 4 bath | 2,912 SF | 1-car, attached garage · Find privacy and seclusion from this centrally located Upper Pines condo · Proximity to all Meadow Village attractions as well as the Big Sky Resort MARY WHEELER | 406.539.1745
SUMMIT HOTEL CONDO, 10708 | $925,000
· 1 bdrm | 2 bath | 1,058 SF | underground parking · Located at the base of the Big Sky Resort for unparalleled ski-in/ski-out access · Best priced Summit Hotel unit available just steps away from all base area activities JACKIE MILLER | 406.539.5003 1 1
7 SITTING BULL ROAD, 1101 | $2,500,000
· 4 bdrm | 4 bath | 2,200 SF | 2-car, underground garage · Enjoy lakefront living from this immaculately maintained, ground-floor condo · Proximity to all Big Sky Resort amenities, Lake Levisky, trails, and more MICHAEL THOMAS | 406.581.2400
34A HEAVY RUNNER ROAD | $2,250,000
· 3 bdrm | 3 bath | 1,844 SF | 1 car, attached garage · Tastefully updated with inviting living spaces and Lone Mountain views · Proximity to the Big Sky Resort’s Mountain Village and it’s many amenities MICHAEL THOMAS | 406.581.2400
21 SITTING BULL ROAD, 1360 | $515,000
· Studio | 1 bath | 440 SF · Incredible location just off the base area of the Big Sky Resort with eastern views · Sold substantially furnished with tenant in place until September 2022 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. Statistics do not include Yellowstone Club sales.
BI G S KY, M O N TA N A
2022 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 2020, 2021, and 2022.
January 1 - March 31st BIG SKY
2020
2021
2021
Total Closed Sales
75
137
87
Total Gross Volume
$103,305,557
$175,073,100
$175,961,735
Average Price
$1,377,407
$1,227,906
$2,022,549
Median Price
$975,000
$780,000
$1,268,000
Average % Sold Price to List Price
96.2%
99.0%
100%
Average Days on the Market
179
201
117
Lowest Price
$175,000
$142,000
$374,000
Highest Price
$8,000,000
$9,500,000
$9,412,500
*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.
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SINGLE FAMILY HOMES Photo: Peak Photography
2020
2021
2022
C O M PA R E D BY PROPERTY TYPE
Number of Properties Sold
21
21
14
Total Gross Volume
$56,557,602
$50,434,000
$49,846,110
Comparison of real estate sales by property type in Big Sky, Montana from January 1st through March 31st in 2020, 2021, and 2022. Property types included are Single Family Homes, Condominiums, and Land.
Mountain Properties Sold
10
11
4
Meadow Properties Sold
9
2
6
Canyon Properties Sold
2
8
4
Average Price
$2,693,219
$2,401,619
$3,560,436
Median Price
$1,900,000
$2,265,000
$2,474,431
Average Days on the Market
156
150
89
Average Price Per Square Foot
$610.07
$645.67
$908.10
Median Price Per Square Foot
$556.47
$568.65
$759.65
Lowest Price
$370,000
$800,000
$1,200,000
Highest Price
$6,850,000
$6,950,000
$9,412,500
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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
2020
2021
2021
2020
2021
2022
36
59
54
16
54
17
$34,853,702
$58,957,500
$85,461,625
$10,760,252
$60,994,100
$35,054,000
24
31
41
9
27
14
12
28
13
6
13
2
-
-
-
1
14
1
$968,158
$999,280
$1,582,623
$672,516
$1,129,520
$2,062,000
$397,500
$565,000
$1,087,500
$497,500
$625,000
$1,400,000
178
187
134
244
226
71
$464.82
$498.17
$888.62
-
-
-
$378.51
$418.66
$841.04
-
-
-
$175,000
$142,000
$374,000
$275,000
$205,000
$599,000
$3,527,495
$4,100,000
$5,400,000
$1,250,252
$9,500,000
$4,500,000
*Excludes Yellowstone Club, Commercial, and Forest Service Leases sales.
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BI G S KY, M O N TA N A
2022 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 18 OFFICES | 220+ SALES ASSOCIATES $2.2 BILLION IN SALES STATEWIDE | 2,043 BUYERS & SELLERS 88 Ousel Falls Road, Suite B Big Sky, MT 59716 406.995.4009 www.BigSkyPureWest.com