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Kelley’s Market Trends: Lakeside Area

In January, there were 71 homes on the market in this area compared to 88 in January of 2016

By Jim Kelley

The total number of sales within five miles of Lakeside represents 4.9 percent of the total number of residential properties sold in 2016 with a total of 82 sales. This is a 4.7 percent decrease over the total number of residential sales in 2015. The median price in the Lakeside area increased by 1.3 percent to $277,500.

In January, there were 71 homes that were on the market in this area compared to 88 in January of 2016. With 71 current listings, this represents 10.4 months of inventory compared to 6.1 months of inventory in Flathead County. Last year at this time there was 12.3 months inventory in  this same area.

Bank-owned and distressed sales were about the same as there were in 2015.