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Real Estate Market Trends

Kalispell home listing prices by listing month, past five years

By Richard Dews
© Copyright 2020 by Richard Garrett Dews. All rights reserved. Research based, in part, upon information from the Montana Regional MLS, LLC.

Last week, we looked at median square foot list prices of Flathead County single-family residences (by listing month), over the past five years. This week, let’s drill into the data for Kalispell – reader request – to include activity through June 30 this year. This will include homes listed for prices between $200,000 and $599,999.

Like the numbers at the county-level, median list prices keep going up in Kalispell, too. Median prices five years ago were largely sub-$150 per foot; the same held four years ago. Median three years ago was about $160 per foot. Two years ago, medians ranged between $160 and $180. Last year: tightly from $180 to $190. Now – in 2020 – $185 to $198 per foot. It makes sense that the numbers are similar to Flathead County numbers, as Kalispell holds the lion’s share of activity (listings and sales). Kalispell, you are knocking on the $200-square-foot median list price door.

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