News & Features

Real Estate Market Trends

Home sales activity, by city and home size, these past three years

On Nov. 14, 2018, and on Jan. 23, 2019, this column showcased charts that detailed three years of single-family residence sales activity. Let’s take a new look (shifting the periods forward one quarter), for home sales (sold prices $150,000 to $699,999) these past three years – periods of April 1, 2016 – March 31, 2017; April 1, 2017 – March 31, 2018 and April 1, 2018 – March 31, 2019.

Let’s compare the quantity of sales, by city and square footage range (500-square-feet segments (like 1,000 to 1,499). We’ll chart the median price per square foot, too. See what trends you identify (see chart).

Per foot median prices: Whitefish increasing in smaller size ranges; Bigfork increasing in middle size ranges; Lakeside big bumps in five out of six size ranges; Columbia Falls amazing consistency past two years; Kalispell inching up in five out of six size ranges; Polson inching up in two-thirds of size ranges.

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