June 12th, 2024

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 – 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?

Q4 2023 update: Median Big Sky condo and townhome price is $2,775,000.

Photo Condo (black), townhome (turquoise), and home (blue) prices Big Sky, Montana.
Chart 1: Condo (black), townhome (turquoise), and home (blue) prices Big Sky, Montana.

Chart 1: Near the end of Q2 2024, sales price is up for Big Sky condos and townhomes, $2,675,000 and mostly down for homes, $2,637,500.

Q1 2024: At the beginning of 2024, Big Sky condo/townhome price was $1,895,000 and home price was $2,530,750, up from the Q1 2023 condo/townhome price of $1,150,000; home price was $3,375,000.

In Q1 2022, the condo/townhome price was $780,000 and the  home price was $1,2474,431.

Presently, there are 145 condos, 3 townhomes, and 61 homes for sale in Big Sky.

Looking back at condos and townhomes (very few townhome’s), 2020 to 2022:

From the end of Q3 2020, townhouse prices increased from $890,000 to $1,870,000, up ⇑ 110% or a ⇑ $980,000 increase in the 27 months.

Photo Big Sky condo (black), townhome (turquoise), home (blue) closed sales history 2014 to 2024.
Chart 2: Big Sky condo (black), townhome (turquoise), and home (blue) closed sales history 2013 to 2023.

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

By Q2 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 Q1 2020 to Q1 2021, condo and townhome prices rose, moving from $397,500 to $1,087,500, a ⇑ $690,000, ⇑ 174% increase in just 12 months.

Chart 2: Big Sky condo and home closed sales history: Closed sales began their upward trend in Q2 2020 and skyrocketed until beginning a downward trend in Q4 2020.

Closed sales have been increasing in 2024; 48 closed sales.

Days on Market has been up for all 3 types in 2024.

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Taunya Fagan

Giving you the advantage