April 26th, 2021

Big Sky Condos For Sale

Thunder Wolf Big Sky Condos For Sale - ©Brett Fagan 2020

Big Sky Condos For Sale – Luxury Townhomes

Big Sky Luxury Condominiums and Townhouses For Sale – Golf – Ski-In-Ski-Out

Big Sky Condo Listings Under $500,000Big Sky Condo Listings $1 Million To $3 Million
Big Sky Condo Listings $500,000 To $1 MillionBig Sky Condo Listings Over $3 Million

Big Sky Realty Report – ‘Want a Big Sky Home?

Big Sky Condo and Townhouse Price History, 2015 to 2021

April 2021 update: Since April 2020, Big Sky’s real estate market has soared in (median) sales price, pending sales, and closed sales!

Big Sky Median Condo Prices By Year 2013 To 2020
Chart 1: Year-to-year Big Sky median condo (black), townhouse (red) and combined (brown) prices 2015 to 2021.

Chart 1: Median sales price: Q2 2021: prices ⇑ continue increasing.

Since April 2020, Big Sky condo and townhome prices have soared, increasing ⇑ $265,000, in one year.

This is a one-year 33% increase in the combined median price for condos and townhomes in April 2021.

Since April 2020, condo prices have increased from $480,000 to $725,000, a ⇑ $245,000 price increase in one year.

Also, since April 2020, townhouse prices have increased from $975,000 to $1,067,500, a ⇑ 9% or ⇑ $92,500 increase in one year.

After the Coronavirus scare took hold of the country’s consciousness in March 2020, people began leaving urban areas for less populated suburban and rural regions like Big Sky, MT.

Big Sky Condo and Townhouse Closed Sales History
Chart 2: Big Sky condo (black), townhouse (red) and combined (brown) closed sales history 2015 to 2021.

After March’s Coronavirus scare, Big Sky condo and townhome prices dropped

…But by May 2020, justifiable fears of catching Covid, especially in large, regional centers, coupled with favorable spring weather motivated scores to seek less populated recreational regions like Big Sky, driving up condo and townhome prices.

From May 2020 to the end of 2020, median condo and townhome prices rose, moving from $485,000 to $755,000, a $270,000, 36% increase in just 6 months.

Chart 2: Big Sky condo and townhouse closed sales history: Since June 2020, when closed sales began their upward trend, closed sales have skyrocketed.

Closed sales have increased from 162 sales in June 2020 to April 2021’s, 269, an increase of 107 sales or a 40% increase in closed sales in only 10 months.

Pending and closed sales for Big Sky condos continue rocketing in April 2021.

The number of townhomes for sale has remained under 10/month for many years, as there are more condos than townhouses in Big Sky, Montana.

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Taunya Fagan

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