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Real Estate Market Trends

Flathead County home price evolution

By Richard Dews
© Copyright 2019 by Richard Garrett Dews. All rights reserved. Research based, in part, upon information from the Montana Regional MLS, LLC.

Last week, we studied counts of Kalispell homes for sale (in any given month) over the past five years. Let’s do something similar at the county-level (see chart). I filtered to Flathead County single-family residences, two-plus beds and one-plus baths, 900 to 5,000 square feet, originally listed for $150,000 to $749,999 (three ranges per chart). The print version of this column only has space for one chart, and I left it to the editor to choose the most interesting. The online version has a rotating GIF with 10-second displays of each of the sequential price range trios charted (GIF is posted below).

Again we see the rise in offerings in spring and summer, over the relative drop-offs of fall through winter. Again, we notice that the cheapest range has basically collapsed. The next two also show choices declining in recent years. $300,000 to $399,999 (and $450,000 to $599,999) are showing trends of higher peaks and deeper valleys. $400,000 to $449,999 availability was back to 2017 levels, in 2019.

© Copyright 2019 by Richard Garrett Dews. All rights reserved. Research based, in part, upon information from the Montana Regional MLS, LLC.

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