January 15th, 2021

Big Sky Homes For Sale

Big Sky Homes For Sale

Big Sky Homes For Sale: Ski Houses, Luxury Homes

 Average Sales Price, Number Homes For Sale, Average Days on Market – Big Sky, Montana Housing History –

In 2021, Big Sky Average Home Price is $2,462,300 Perhaps a Condo?

BIG SKY HOME SALES PRICEAVERAGE SALES PRICEMEDIAN SALES PRICE
JANUARY 2021$2,462,300$1,811,500
OCTOBER 2020$2,516,903$1,850,000
JULY 2020$2,369,998$1,750,000
APRIL 2020$2,507,226$1,825,000
JANUARY 2020$2,316,742$1,800,000

Search ALL Big Sky Homes For Sale

Big Sky Home Listings Under $200000Big Sky Luxury Home Listings $800000 to $900000
Big Sky Home Listings $200000 to $300000Big Sky Luxury Home Listings $900000 to 1 million
Big Sky Home Listings $300000 to $400000Big Sky Luxury Home Listings 1 million to 2 million
Big Sky Home Listings $400000 to $500000Big Sky Luxury Home Listings 2 million to 3 million
Big Sky Home Listings $500000 to $600000Big Sky Luxury Home Listings 3 million to 4 million
Big Sky Home Listings $600000 to $700000Big Sky Luxury Home Listings 4 million to 5 million
Big Sky Luxury Home Listings $700000 to $800000Big Sky Luxury Home Listings over 5 million
Build Your Home On Big Sky Land Take A Peak At Big Sky Condos

Up-To-Date Big Sky, Montana Residential Housing Graphs Below

January 2021: The average sales price (Chart 1) of Big Sky residential homes from late 2017 to the present has sharply risen, from ~$700,000 to above $1.1 million.

Chart 1: Average Price of Big Sky Residential Property For Sale 2013-Present
Chart 1: Average sales price, Big Sky residential property.

Chart 1: Covid-19 seems to have driven the “average sales price” increase in Big Sky this year. In 2021, the continued high demand for Big Sky, MT homes could push the average sales price to double over that of late 2017.

From January 2020 to January 2021, average sales price, $2,316,742, for Big Sky homes has increased ⇑ $145,558, to $2,462,3o0.

Chart 2: for years, the number of Big Sky “homes for sale” dropped until turning upward in October 2019, topping out at 71 in July 2020; the number of Big Sky homes for sale has been dropping ever since. Presently there are about 62 homes for sale in Big Sky.

Chart 3: Since mid-2017, the duration of time–“average days on market”–Big Sky homes have been for sale has decreased, from 233 days to 145 days months in January 2021.

Chart 2: Number of Homes For Sale in Big Sky
Chart 2: Number of of Big Sky homes for sale.

(Not charted): Since July 2020, “month’s supply of  homes” has been falling. Presently, supply is about 3 months.


Average Days On Market and Absorption Rate

Average Days on Market (Chart 3) will generally decrease as the Absorption Rate (AR) increases.

Average Days On Market of Big Sky, Montana Homes For Sale
Chart 3: Average days on market for Big Sky homes

Absorption Rate helps determine how long it may take the average home, condo, town-home, etc. to sell in a particular area and in a specific time range. 

This AR is determined by dividing the number of active homes for sale in a given month by the number of homes sold in a given month.

A rate above ~18-20% suggests a seller’s market and a rate below ~15-17% signals a buyer’s market.

Absorption Rate = Active Listings/Sold Listings


 LISTINGS IN OTHER SOUTHWEST MONTANA CITIESBOZEMAN REAL ESTATE LISTINGS – BELGRADE MT REAL ESTATE LISTINGS – BIG SKY REAL ESTATE LISTINGS – GALLATIN GATEWAY MONTANA REAL ESTATE LISTINGS – LIVINGSTON MONTANA REAL ESTATE LISTINGS – MANHATTAN MT REAL ESTATE LISTINGS – THREE FORKS MONTANA REAL ESTATE LISTINGS – BRIDGER CANYON REAL ESTATE JACKSON CREEK HOMES

Taunya Fagan, Big Sky Real Estate – Boutique Luxury @ ESTATE House, 3960 Valley Commons Drive, Suite 1, Bozeman, MT 59718Call 406.579.9683 

Tags: absorption rate, active Big Sky homes for sale, average days on market big Sky homes, big sky home supply, big sky homes average days on market, Big Sky homes for sale, big sky homes sold, big sky houses for sale, Big Sky luxury homes for sale, big sky luxury homes for sale 2020, big sky montana luxury homes for sale, big sky ski homes for sale, big sky slope side homes for sale, experienced yellowstone club agent, homes for sale big sky montana, luxury homes big sky, new big sky homes, number big sky homes for sale, ski homes big sky montana, supply big sky homes, supply big sky montana luxury homes, what is the supply of big sky homes, Yellowstone Club homes for sale

Taunya Fagan

Giving you the advantage

Contact