Big Sky 2025 3rd Quarter Market Report

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3RD QUARTER MARKET REPORT

2025 · Big Sky, Montana

JACKIE MILLER Broker jackie@purewestproperties.com 406-539-5003

WILLIAM FEHER Associate william@cascaderidge.com 406-600-0275

SANDY REVISKY DE LEON Broker sandy@ownbigsky.com 406-539-6316

BRENNA KELLEHER Associate brennakelleher@gmail.com 406-581-3361

MICHAEL THOMAS Broker michael.bigsky@gmail.com 406-581-2400

KIRSTEN KING Associate kking@investbigsky.com 406-599-8850

MARY WHEELER Broker

mwheelerbigsky@gmail.com

406.539.1745

JOSH STEVENS Associate joshuastevens@purewestmt.com 406-600-7641

MARKET UPDATE • QUICK STATS

A side-by-side comparison of all real estate sales in Big Sky, Montana from January 1st through September 30th in 2023, 2024, and 2025 *Excludes Yellowstone Club sales

January 1st - September 30th

$593,852,435 $3,534,836 $1,780,000 96.6%

$142,500 $17,000,000

COMPARED BY PROPERTY TYPE

Comparison of real estate sales by property type in Big Sky, Montana from January 1st through September 30th in 2023, 2024, and 2025. Property types included are Single Family Homes, Condominiums, and Land.

$231,707,660

$5,651,406 $4,950,000 111 $1,279.73 $1,150.15 $1,150,000 $17,000,000

19 $41,918,500 10 4 5 $2,206,237 $1,485,000 100$375,000 $6,300,000 21 $51,941,500 10 5 6 $2,473,405 $1,600,000 220$490,000 $9,375,000

20 $43,436,500 13 6 1 $2,171,825 $1,412,500 232$392,500 $6,840,000 2025

MOUNTAIN, MEADOW, AND CANYON • QUICK STATS

A side-by-side comparison of all real estate sales outside of Moonlight Basin & Spanish Peaks from January 1st through September 30th in 2022, 2023, 2024, and 2025.

2025 112 $195,348,300 $1,744,181 $1,175,000 96.4% 151 $743.26 $335,000 $9,250,000

Yellowstone Club sales

MOONLIGHT & SPANISH PEAKS MOUNTAIN CLUB • QUICK STATS

A side-by-side comparison of all real estate sales in Club Properties from January 1st through September 30th in 2022, 2023, 2024, and 2025.

$398,504,135 $7,116,145 $5,975,000 97.7%

$1,976.77 $1,350,000 $17,000,000

44 RIDGEVIEW LOOP

3 Beds, 3.5 Baths | 4,872 SF | 20 Acres

$6,925,000

MLS# 403176

Stunning lodge-style home with 360-degree views located in a private Beehive Basin neighborhood.

170 HYALITE DRIVE

5 Beds, 5.5 Baths | 5,451 SF | 39.95+ Acres

11 SPEAKING EAGLE

5 Beds, 5 Baths | 4,600 SF | 1.29 Acres

$6,595,000

MLS# 401845

Mountain retreat nestled in the fir trees with a refined living space designed for comfort.

$4,500,000

MLS# 402039

Welcome to the Special K Lodge! A luxury log home showcasing true Montana living: private, peaceful, and simply unmatched.

35 NORTHFORK ROAD

5 Beds, 5 Baths | 3,735 SF | 10+ Acres

$2,895,000 MLS# 403993

Unique home near Lone Mountain Ranch with modern updates, wildlife views, and set in a prime treed location.

2040 LITTLE COYOTE ROAD

5 Beds, 4 Baths | 4,378 SF | 0.27 Acres

$3,395,000

MLS# 404946

New build bordering open space in Meadow Village with high-end, modern finishes that offer a refined aesthetic.

22 MOOSE

RIDGE

ROAD #3

$2,400,000

3 Beds, 2 Baths | 1,454 SF Beautiful ski-in/ski-out cabin nestled in the trees offering several upgrades, including a new roof.

MLS# 398900

450 KARST STAGE LOOP

Gallatin River Frontage | 1.045 Acres

$2,150,000

MLS# 401580

Infrastructure in place; ready to build in addition to existing guest quarters above heated garage.

32 ROSE HIP CIRCLE #N-3

4 Beds, 2.5 Baths | 2,130 SF

$1,395,000

MLS# 403704

Beautifully updated condo in an ideal location to relish breathtaking views of Lone Peak and Spanish Peaks.

SUMMIT HOTEL 10, 314

2 Beds, 3 Baths | 1,325 SF

$949,000

MLS# 404091

Luxury ski-in/ski-out condo in Big Sky’s Summit Hotel with stunning views, top amenities, and unbeatable mountain access.

304 FIRELIGHT

3 Beds, 3 Baths | 1,859 SF

$939,000 MLS# 404319

Freshly updated and filled with natural light, showcasing a new kitchen, carpet, and fresh interior paint.

2091-F LITTLE COYOTE

3 Beds, 2.5 Baths | 1,348 SF

$949,000

MLS# 405490

Private end unit with trail access comes fully furnished with a one-car garage.

SUMMIT HOTEL 10, 612

1 Bed, 2 Baths | 879 SF

$839,000

MLS# 404244

Recently updated, spacious sixthth-floor lock-off unit; ideal for both personal use and rental income.

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