3RD QUARTER MARKET REPORT
2022 · Big Sky, Montana
JACKIE MILLER
LYNN MILLIGAN
Big Sky REAL
MARY WHEELER
WILLIAM FEHER
SANDY REVISKY
MICHAEL THOMAS
BRENNA KELLEHER
MIRANDA WHEELER
YOUR TRUSTED EXPERTS FOR
ESTATE. 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 BIG SKY, MONTANA 2022 3 rd QUARTER MARKET REPORT
Broker jackie@purewestproperties.com 406-539-5003
Broker lynnebrush@gmail.com 406-581-2848
Broker sandy@ownbigsky.com 406-539-6316
Broker michael.bigsky@gmail.com 406-581-2400
Broker mwheelerbigsky@gmail.com 406.539.1745
Associate william@cascaderidge.com 406-600-0275
Associate brennakelleher@gmail.com 406-581-3361
Associate mirandalwheeler@gmail.com 406-640-1655
MARKET UPDATE • QUICK STATS A side-by-side comparison of all real estate sales in Big Sky, Montana from January 1st through September 30th in 2020, 2021, and 2022. *Excludes Yellowstone Club sales 2021 415 $619,580,031 $1,492,964 $900,000 100% 168 $46,500 $11,500,000 2022 202 $434,669,815 $2,151,831 $1,563,000 100% 88 $182,500 $13,000,000 BIG SKY, MONTANA 2022 3 rd QUARTER MARKET REPORT 3 2020 299 $385,637,709 $1,289,758 $830,000 97% 173 $40,000 $8,000,000 BIG SKY Total Closed Sales Total Gross Volume Average Price Median Price Average % Sold Price to List Price Average Days on the Market Lowest Price Highest Price January 1st - September 30th 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.
real estate
property type in Big
from January
through September 30th.
2020, 2021, and 2022.
types
Family Homes,
Number of Properties Sold Total Gross Volume Mountain Properties Sold Meadow Properties Sold Canyon Properties Sold Average Price Median Price Average Days on the Market Average Price Per Square Foot Median Price Per Square Foot Lowest Price Highest Price 77 $188,254,873 33 33 11 $2,444,868 $1,752,300 142 $590.19 $500.15 $274,245 $8,000,000 71 $188,281,700 28 19 24 $2,651,855 $2,550,000 118 $744.12 $642.26 $105,000 $7,100,000 SINGLE FAMILY HOMES 2020 2021 46 $176,082,189 19 15 12 $3,827,874 $3,047,500 68 $1099.85 $940.55 $1,200,000 $13,000,000 2022 BIGSKYPUREWEST.COM • 406-995-40094 COMPARED BY PROPERTY TYPE Comparison of
sales by
Sky, Montana
1st
in
Property
included are Single
Condominiums, and Land. Photo: Peak Photography
*Excludes Yellowstone Club, Commercial, and Forest Service Leases sales. 135 $141,059,584 75 60$1,044,886 $600,000 131 $488.38 $413.13 $40,000 $4,450,000 214 $247,695,731 115 99$1,157,457 $822,000 160 $648.05 $506.14 $46,500 $5,425,000 CONDOMINIUMS 2020 2021 115 $187,573,125 71 44$1,631,071 $1,268,000 88 $867.42 $823.75 $182,500 $6,000,000 2022 83 $54,524,252 44 27 12 $656,919 $485,000 240$205,000 $2,300,000 130 $183,602,600 55 34 41 $1,412,328 $752,500 207$410,000 $11,500,000 LAND 2020 2021 24 $55,469,500 13 5 6 $1,680,894 $1,175,000 91$300,000 $4,500,000 2022 5
21 SITTING BULL RD #1187 | $449,000 · Studio | 1 bath | 440 SF · Perfect location in the St. Moritz building with stunning Lone Peak views · Walk, bike or bus ride to Big Sky Resort and quick access to all amenities MLS# 376490 45 TURKEY LEG ROAD #1004 | $1,300,000 · 2 bdrm | 2 bath | 1,047 SF · Rare 2 bedroom unit in A-building of Stillwater Condos · New living area carpet, walk across street to Big Sky Resort lifts and amenities MLS# 370501 1 AVAILABLE PROPERTIES 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. 1 TBD APPALOOSA TRAIL #1 | $1,200,000 · 33.28 Acres · Large open meadows, natural springs, babbling brook, multiple small ponds · Local elk herds give this 33 Acre Danza Estates parcel 5 stars on Yelk! MLS# 377381 TBD MOUNTAIN VALLEY TRAIL | $3,795,000 · 1.22 Acres | Wildridge neighborhood of Spanish Peaks Mountain Club · Spectacular views of the Spanish Peaks and Lone Mountain await you · Private, pristine homesite with mature trees, seasonal creek and adjacent open space MLS# 366163 170 TIMBERCREST ROAD, J-4 | $1,900,000 · 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 MLS# 368775 9 UNDER PAR - UNIT 1B | $3,945,000 · 3 bdrm | 3.5 bath | 3,203 SF · Located on the 18th hole of the Arnold Palmer golf course in the Meadow · Exemplary finishes throughout plus private cart and storage barn MLS# 366890
130 TIMBERCREST UNIT I-2 | $1,900,000 · 4 bdrm | 4 bath | 2,884 SF · 3-level, 4-bedroom condo is the only duplex in Upper Pines Condos · Upgraded finishes throughout, lower-level bonus room with sleeper sofa MLS# 368922 9 CABIN HOLLOW DRIVE | $2,800,000 · 2 bdrm | 2 bath | 780 SF · Perfectly situated ski-in/ski-out cabin on Lone Mountain in Moonlight · Fully furnished, turn-key property with endless recreational opportunities MLS# 376297 1 AVAILABLE PROPERTIES 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. 1 110 LOWER CASCADE RIDGE | $4,895,000 · 5 bdrm | 5.5 bath | 3,089 SF · Steps away from groomed ski trail · Includes partial ownership of georgous Cascade Ridge Lodge MLS# 365926 212 CASCADE RIDGE | $6,195,000 · 6 bdrm | 6.5 bath | 4,390 SF (photos of similar completed unit) · Yellowstone floorplan only 4 doors down from private Cascade Ridge Lodge · Ski-in/ski-out, radiant in-floor heat, gourmet kitchen, 2 decks, 2 fireplaces MLS# 365927 LOT 22 UPPER HIGHLAND DR | $2,500,000 · 19.879 Acres · Unsurpassed views of Lone Mountain and the entire Big Sky Community · Private paradise only 5.5 miles from the entrance to Big Sky MLS# 370835 106 CASCADE RIDGE | $5,595,000 · 6 bdrm | 6.5 bath | 4,354 SF · Only Red Rock floorplan currently on market in popular Cascade Ridge · Ski-in/ski-out, radiant in-floor heat, gourmet kitchen, 2 decks, 2 fireplaces MLS# 366276
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