Statistics from Big Sky Country MLS for April 2021 have been released! So let's compare it to April 2020.

  • Average Sales Price for Single Family Homes have seen a smaller increase than previous months of 5.3%, bumping to $692,225. While Condo/Townhouses saw an increase of 19.3% rising the Average Sales Price to $429,874.

  • Closed Sales have actually begun to increase for Single Family Homes with a total of 36 closed transactions, up from 23 in 2020. Condo/Townhouses have also seen an increase of 24.3% with 46 Closed Sales.

  • Inventory of Single Family Homes is still at a deficit by -77.6% to only 19 homes vs. 85 this time last year.  Inventory of Condo/Townhouse has seen a higher decrease at -87.5% to 20, down from 160 in April 2020.

  • Lastly, this statistic is always interesting. Percent of homes sold at or above list price came in at 102.3% for Single Family Homes and 103% for a Condo/Townhouse. 

 Source: Big Sky Country MLS

If you are curious what this will mean for you (as a buyer or seller), please don't hesitate to reach out! We are here to help you navigate this market, and answer any questions you might have. You can reach Broker, Tamara Williams, at (406) 223-6823.

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