MARKET UPDATE: THE MADISON VALLEY
April brings a noticeable change of pace in the valley. The days are stretching out, snow is starting to melt off, and there’s a renewed energy both around town and in the real estate market. It’s that time of year when things start to feel like they’re moving again.
This year, it already feels busy. We’re seeing more activity, more conversations, and more movement earlier in the season than usual. Buyers are out looking, sellers are preparing to list, and there’s a sense that the market isn’t waiting around—it’s already in motion heading into spring.
That momentum is showing up in the numbers as well. We’re currently sitting at 45 active listings, with 13 properties under contract, reflecting steady activity as we move deeper into the season. Over the past 180 days, 31 homes have sold, reinforcing that demand has stayed consistent and buyers have remained engaged, even through the winter months.
Pricing has shifted this year, with a median sales price of $711,250, compared to $910,000 last year—a notable adjustment that may be creating more opportunity for buyers entering the market.
We are also seeing improved movement in timelines. Homes are averaging 106 days on market, versus 122 days last year, suggesting listings are moving a bit more efficiently.
Overall, April feels active, not transitional. The market is already moving, and if this pace continues, we’re likely heading into a strong and competitive late spring and summer season.
MARKET UPDATE: BIG SKY
Big Sky is seeing strong activity this spring, with 152 active listings and 23 properties under contract. Over the past 180 days, 105 homes have sold, showing buyers are still active in the market.
We’re seeing a shift in pricing, with a median sales price of $2,400,000, compared to $4,750,000 last year. At the same time, homes are moving much faster—averaging 83 days on market versus 202 days last year.
