Big Sky Real Estate Prices Remain Flat in July 2021
All property types combined, real estate in Big Sky costs $750,000 ($521,250 in July 2020).
‘Want Homes or Condos?
Chart 1: Median real estate sales prices in Big ky continue to be flat in Q3 2021.
July 2021: the price for Big Sky real estate has been flat all year at ~$750,000.
The July 2021 sales price of $1,100,000 (homes, condos, townhouses) is ⇑ $521,250 above the July 2020 price–$578,750–for Big Sky real estate!
Prices for real estate (home, condo, townhouse) in Big Sky continued rising in 2020, hitting $1,096,550 in December 2020, an increase of ⇑ 58% or ⇑ $402,050 in just one year!
Condo and townhouse median sales prices have risen ⇑ $245,000 (⇑ 48.5%,) for the one-year period, July 2020, $505,000 to July 2021, $750,000.
In May 2021, townhouse and condo prices have flattened as well.
Median sales price for land has been flat, too, staying around $550,000 throughout 2021.
The Big Sky real estate report holds more data and charts.
Chart 2: August 2020 had a record high of 76 pending Big Sky properties. By November, pending sales had dropped to 24 properties.
July 2021 finds 29 pending sales for all Big Sky real estate; this is 38 pendings below July 2020’s 67 pendings.
Until July 2020, there had never been over 50 pending properties in any month in Big Sky, MT.
Big Sky, MT Real Estate Factoid:
Late winter and mid-Summer are often the highest periods for pending sales.
Perhaps these periods top the “pending sales” charts because March hosts spring break, which brings a great number of skiers and snowboarders.
And, August tends to be the top summer tourist month, a time for golf, fishing, hiking, biking, and more.
