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

  • Average Sales Price for Single Family Homes are starting to creep back up after April's plateau with a 41.2% increase, bumping to $745,179. Condo/Townhouses also saw an increase of 50.2% rising the Average Sales Price to $504,587.

  • Closed Sales have actually begun to increase for Single Family Homes with a total of 51 closed transactions, up from 41 in 2020. Condo/Townhouses are also increasing by 25.8% with 39 Closed Sales.

  • Inventory of Single Family Homes is still at a deficit by -65.9% with only 31 homes vs. 91 this time last year.  Inventory of Condo/Townhouse has seen a higher decrease at -89.6% with only 16, down from 154 in May 2020.

  • Lastly, this statistic is always interesting. Percent of homes sold at or above list price came in at 102.5% for Single Family Homes and 104.1% 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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