Median Land Sales Prices ⇑ – ⇓ Number of Land & Lots For Sale in Big Sky, Montana
Since Covid hit the US in March 2020, ⇑ median sales prices for Big Sky land have continued ⇑ upward but with some volatility as chart 1 indicates, while ⇓availability of acreage and building lots has declined significantly.
Chart 1: Median sales price for Big Sky land has been consistently increasing since 2017, when the April land price for all sizes was $275,000.
Chart 1: Median sales price, Big Sky land and lots.
In the beginning of Q4, 2021, median sales prices for Big Sky land hit a whopping $2,680,000.
In summary, year-to-year by quarter, Big Sky land prices ⇑ have increased ⇑ $1,599,690 or ⇑ 500% in just 5 years!
Subdivision building lots with cul-de-sac seclusion or land in vibrant golf and skiing communities are quickly dwindling in Big Sky.
Big Sky’s community is well-planned to preserve and utilize its natural habitat for trails and open space.
Consequently, mountain biking, horseback riding, hiking, golfing, fishing, skiing, and many other activities have been fostered for the benefit of Big Sky, Montana residents.
Chart 2: Number of land and lots for sale in Big Sky, Montana.
Chart 2: The number of lots and plots of land for sale in Big Sky has been steadily decreasing, dropping from a June 2016 high of 268 to just 62 in early 2023.
Do not avoid making your land or lot decision for much longer; each year people discover it’s more difficult than previous years to find that “perfect” piece of land on which to build ski-in-ski-out condos or townhouses, mountain homes, or Yellowstone Club luxury homes.
Most subdivision lots or secluded land parcels are close to Big Sky schools, restaurants, shopping, and splendid recreational opportunities like skiing, fishing, biking, hiking, golfing…
What more could you ask for in a Montana setting than what you’ll find in the mountain community of Big Sky, Montana?
