3RD 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 14 UPPER CASCADE RIDGE ROAD | $5,500,000
• 31± acre legacy property with 2100’ Gallatin River frontage, two spring creeks, a • 5 bdrm | 6 bath | 4,358± SF | 2-car attached garage private pond, outbuildings, two wells, and two septic systems • One of the the most sought-after locations in the neighborhood with HUGE views • 5 minutes from Town Center, 15 minutes from Big Sky Resort, 40 minutes from airport & YNP • High-end finishes, black walnut, and white oak floors throughout; exclusive owners’ lodge
MARY WHEELER | 406.539.1745
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 1
SANDY REVISKY | 406.539.6316
SHOSHONE CONDOMINIUM 1923 | $498,000
• 1 bdrm | 2 bath | 879± SF • Central Mountain Village location close to shopping, restaurants, spa, lifts, and more • 3rd floor, corner unit for additional privacy and beautiful Andesite Mountain views
LYNN MILLIGAN | 406.581.2848
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 3 RD 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 September 30th in 2019, 2020, and 2021.
January 1 - September 30th BIG SKY
2019
2020
2021
Total Closed Sales
274
299
415
Total Gross Volume
$284,237,640
$385,637,709
$619,580,031
Average Price
$1,037,364
$1,289,758
$1,492,964
Median Price
$649,500
$830,000
$900,000
Average % Sold Price to List Price
97%
97%
100%
Average Days on the Market
166
173
168
Lowest Price
$72,500
$40,000
$46,500
Highest Price
$6,850,000
$8,000,000
$11,500,000
*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
66
77
71
Total Gross Volume
$142,239,206
$188,254,873
$188,281,700
Comparison of real estate sales by property type in Big Sky, Montana from January 1st through September 30th in 2019, 2020, and 2021. Property types included are Single Family Homes, Condominiums, and Land.
Mountain Properties Sold
34
33
28
Meadow Properties Sold
30
33
19
Canyon Properties Sold
12
11
24
Average Price
$2,155,139
$2,444,868
$2,651,855
Median Price
$1,755,000
$1,752,300
$2,550,000
Average Days on the Market
150
142
118
Average Price Per Square Foot
$610.56
$590.19
$744.12
Median Price Per Square Foot
$669.32
$500.15
$642.26
Lowest Price
$370,000
$274,245
$105,000
Highest Price
$6,850,000
$8,000,000
$7,100,000
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
136
135
214
68
83
130
$96,601,534
$141,059,584
$247,695,731
$42,364,900
$54,524,252
$183,602,600
78
75
115
41
44
55
58
60
99
24
27
34
-
-
-
3
12
41
$710,305
$1,044,886
$1,157,457
$623,013
$656,919
$1,412,328
$534,500
$600,000
$822,000
$428,000
$485,000
$752,500
113
131
160
279
240
207
$377.86
$488.38
$648.05
-
-
-
$352.95
$413.13
$506.14
-
-
-
$125,000
$40,000
$46,500
$148,000
$205,000
$410,000
$2,540,270
$4,450,000
$5,425,000
$5,150,000
$2,300,000
$11,500,000
*Excludes Yellowstone Club, Commercial, and Forest Service Leases sales.
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BI G S KY, M O N TA N A
2021 3 RD QUARTER MARKET REPORT
YOUR TRUSTED EXPERTS FOR Big Sky REAL ESTATE.
JACKIE MILLER
LYNN MILLIGAN
SANDY REVISKY
MICHAEL THOMAS
MARY WHEELER
WILLIAM FEHER
BRENNA KELLEHER
MIRANDA WHEELER
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
Broker sandy@ownbigsky.com 406-539-6316
Associate brennakelleher@gmail.com 406-581-3361
Broker michael.bigsky@gmail.com 406-581-2400
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