News & Features

Real Estate Market Trends

Columbia Falls home cost trend, most recent four quarters

It is springtime in the Flathead, and the market is warming up. This week we’ll look at the single-family home sale price trends, specifically in Columbia Falls, for sales over the past year. Let’s chart median sold prices per square foot, in 250-foot ranges (like 1,000 to 1,249), for homes sold between $150,000 and $499,000 (see chart).

Let’s look at three-month (quarterly) activity segments, since April 1, 2018. Big increases in the smaller homes, smooth slow increases in the 1,500 and 2,250 ranges and big recoveries/reversals these past three months in the 1,750 and 2,000 foot ranges compared to the prior six months.

Richard Dews is CEO of Glacier Flathead Real Estate, a Flathead-based real estate software and services company.