1ST QUARTER MARKET REPORT
2023 · Big Sky, Montana
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· Deep forest seclusion with convenient access to world-class amenities
· Located in gated community and includes a completed Geotech BRENNA KELLEHER | 406.581.3361
· Rare opportunity to own secluded developer’s lot
BIG SKY RESORT RD., #10609 | $825,000
60
1 bdrm | 2 bath | 1,006 SF | 1-car, underground garage
New Ramcharger 8 and Swift Current Lifts just steps out the door
COWBOY HEAVEN SPUR RD. | $17,000,000
· Restaurants, fitness center, outdoor pool and hot tub at your fingertips KIRSTEN KING | 406.599.8850
| 6 bath | 4,940
Best
· 4 bdrm
SF ·
Ski-in/Ski-out in North America with stunning mountain views
MILLER
1 AVAILABLE
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
ULERYS LAKES LOT 16A |
· Includes Signature Membership to Moonlight Lodge|Jack Nicklaus Golf Course JACKIE
| 406.539.5003
PROPERTIES
TBD
$5,700,000
20 Acre Lot is one of only 26 estate lots
BIG SKY RESORT RD., #10903 | $1,575,000
60
2
bath
bdrm | 3
| 1,304 SF | underground parking
REVISKY
TIMBERCREST RD., #J-4 |
Located at the base of the Big Sky Resort for unparalleled ski-in/ski-out access · Newly remodeled unit available just steps away from all base area activities SANDY
| 406.539.6316 170
$1,600,000
4
|
bdrm
4 bath | 2,912 SF | 1-car, attached garage
WHEELER
RD. |
· 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
| 406.539.1745 TBD SKYWOOD
$2,100,000
20 Acre Lot
· Premium location just 2 miles from Big Sky Meadow Village JACKIE MILLER | 406.539.5003
MARKET UPDATE • QUICK STATS
Total
Total Gross Volume Average Price Median Price Average % Sold Price to List Price Average Days on the Market Lowest Price Highest Price
A side-by-side comparison of all real estate sales in Big Sky, Montana from January 1st through March 31st in 2021, 2022, and 2023. *Excludes Yellowstone Club sales
99% 201 $142,000
2022 87 $175,961,735 $2,022,549 $1,268,000 100% 117 $374,000 $9,412,500 2023 35 $86,396,152 $1,224,240 $935,000
110 $365,000 $7,995,000 BIG SKY, MONTANA 2023 1 ST QUARTER MARKET REPORT 2 2021 137 $175,073,100 $1,227,906 $780,000
$9,500,000 BIG SKY
January 1
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.
96%
Closed Sales
- March 31st
COMPARED BY PROPERTY TYPE
Comparison of real estate sales by property type in Big Sky, Montana from January 1st through March 31st in 2021, 2022, and 2023. Property types included are Single Family Homes, Condominiums, and Land.
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 21 $50,434,000 11 2 8 $2,401,619 $2,265,000 150 $645.67 $568.65 $800,000 $6,950,000 14 $49,846,110 4 6 4 $3,560,436 $2,474,431 89 $908.10 $759.65 $1,200,000 $9,412,500 SINGLE FAMILY HOMES 2021 2022 5 $18,895,000 1 3 1 $3,779,000 $3,550,000 139 $952.98 $880.56 $900,008 $7,995,000 2023 BIGSKYPUREWEST.COM • 406-995-4009 3
Photo: Peak Photography
Yellowstone Club, Commercial,
Forest Service Leases sales. 59 $58,957,500 31 28$999,280 $565,000 187 $498.17 $418.66 $142,000 $4,100,000 54 $58,957,500 41 13$1,582,623 $1,087,500 134 $888.62 $841.04 $374,000 $5,400,000 CONDOMINIUMS 2021 2022 19 $40,165,571 12 7$2,113,977 $1.200.000 147 $918.22 $863.64 $380,000 $6,401,794 2023 54 $60,994,100 27 13 14 $1,129,520 $625,000 226$205,000 $9,500,000 17 $35,054,000 14 2 1 $2,062,000 $1,400,000 71$599,000 $4,500,000 LAND 2021 2022 7 $22,703,503 4 1 2 $3,243,357 $4,700,000 30$500,000 $6,300,000 2023 4
*Excludes
and
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. 5 BIG SKY, MONTANA 2023 1 ST QUARTER MARKET REPORT JACKIE MILLER Broker jackie@purewestproperties.com 406-539-5003 LYNN MILLIGAN Broker lynnebrush@gmail.com 406-581-2848 SANDY REVISKY Broker sandy@ownbigsky.com 406-539-6316 MICHAEL THOMAS Broker michael.bigsky@gmail.com 406-581-2400 MARY WHEELER Broker mwheelerbigsky@gmail.com 406.539.1745 WILLIAM FEHER Associate william@cascaderidge.com 406-600-0275 BRENNA KELLEHER Associate brennakelleher@gmail.com 406-581-3361 KIRSTEN KING Associate kking@investbigsky.com 406-599-8850
YOUR TRUSTED EXPERTS FOR Big Sky REAL ESTATE.
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
