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 $500,000||Big Sky Condo Listings $1 Million To $3 Million|
|Big Sky Condo Listings $500,000 To $1 Million||Big Sky Condo Listings Over $3 Million|
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!
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.
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.