Big Sky Montana Real Estate Market - Bozeman Real Estate Group

Big Sky Market Report

Is Big Sky, MT a buyer’s
or seller’s market?


This snapshot of the housing market in Big Sky is based on the months supply of inventory and is calculated by dividing the number of homes on the market by the number of homes that have sold in the last month.

A BUYERS
MARKET
NEUTRAL
MARKET
A SELLERS
MARKET
Needle

How much do homes cost
in Big Sky, MT?


This median sold price includes single-family homes, condos, and townhomes and is based on monthly data.

$2,071,000

(-130%) Year Over Year Change

What do different types of homes cost?


This is the median price for each home type sold in the specified area. The median sold price is based on monthly data.

Type January 2023 January 2024 Year Over Year Change

Single Family

$900,000

$2,071,000

130%

Townhome

$0

$0

N/A

Condo

$1,180,000

$2,655,000

125%

What do homes cost in other areas?


This is the median price for which single-family homes, condos, and townhomes were sold in the specified area. This number is based on monthly data.

City January 2023 January 2024 Year Over Year Change

$747,500

$762,000

2%

$506,250

$482,500

5%

$440,000

$369,000

16%

$400,625

$560,000

40%

$750,000

$752,500

0%

How many homes have sold in Big Sky, MT?


This is calculating how many homes sold for over the asking price vs under the asking price in the past month. This number includes single-family homes, condos, and townhomes in the specified area.

January 2023

7

January 2024

16

Year Over Year Change

129%

How Many Homes Sold Over the
Asking Price in Big Sky, MT?


This is calculating how many homes sold (including single-family, condo, and townhomes in the specified area) for over the asking price vs under the asking price in the past month.

11 Homes Were Sold
Under Asking Price

3 Homes Were Sold
At Asking Price

2 Homes Were Sold
Over Asking Price

What Percentage of the Listing
Price Are Sellers Getting?


The original price received is the average of the sales price divided by the original list price expressed as a percentage.

94%

4% Year Over Year Change

How long does a home spend on the market?


This is the median number of days between when a home is listed and when it goes under contract.

January 2023

195

January 2024

142

Year Over Year Change

27%

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