Q1 Big Sky Market Watch

Posted on May 1, 2020 by Amy Sand
No one will be able to fully predict the effect the coronavirus pandemic will have on the real estate market, but at Big Sky Sotheby’s International Realty, the health and safety of our agents, clients, employees and community is our #1 priority.
 
We invite you to review a summary of sales activity in the Big Sky area during the first quarter of 2020, based on closed production from January – March 2020, much of which went into contract before the onset of the coronavirus pandemic. The Big Sky Country MLS reports the following market data for this quarter, which is compared here for the same period of 2019:
 
Heading into the second quarter of 2020, here were a few positive things in the Big Sky housing market:
  • 16 Sold Listing in the last 30 Days
  • 12 New Listings in last 30 Days
  • Brokers Tallie Lancey marketed and Tory Cyr sold the highest priced property in 2020 to date. Listed for $8,500,000 in Big Sky’s Moonlight Basin
Real estate is all about location, location, location and location is our local community. Here are a few local organizations that you can help OR here are ways Big Sky Sotheby’s International Realty is helping the community:
  • Big Sky Sotheby’s International Realty donated a $1,000 to the Big Sky Community Food Bank
  • Partipated in the Big Sky CARE - van. A community wide morale booster and Big Sky Relief fundraiser
  • Hand made dozens of face masks
  • Attended a socially distanced 95 birthday party for someone in our community
  • Picked up and delivered groceries to clients who are in high risk.
  • Our Virtual Tour camera has been unprecedentedly busy. Each agent in our office has made sure a virtual tour of all our properties is available!
  • Check out BigSkyRelief.org for more ways to help!
During this unprecedented time, we are continuing to represent clients who want or need to sell a home and our local teams are working hard continuing to conduct the business of real estate. We are committed to providing the highest quality service and will to continue to support our buyers and sellers using state-of-the-art technology and a suite of virtual marketing tools, which make it easy to view and experience the finest real estate in the world from the safety of one’s home.
 
As always, our goal in sharing market data with you is to create a better understanding of the trends affecting our unique housing market. We hope you find it to be a valuable resource and look forward to working with you to meet your real estate needs now and in the future. If you have any questions about the Big Sky market, please do not hesitate to reach out to me or any of our independent sales associates at (406) 995-2211.


 
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Categories: MARKET TRENDS | Real Estate
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