Real Estate Market Trends

Flathead home sales detail snapshot, by vintage

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

Drilling into Flathead County single-family home sales this past 12 months (sold prices $150,000 to $750,000), we see that more homes built since 2001 were sold than older vintages (except for the 2011-2015 vintage). Homes built since 2016 sold in the greatest quantity (blue bars, left range) – and they brought the most median dollars per square foot (green line, left range).

The orange line — median days from listing to contract (DTC), right range — shows that the 1931-1935 vintage was snapped up fastest; 1986-1990 vintage was slowest to contract. Most vintages were under contract within 50 days.

The gold line (right range in 100’s) indicates median square footage. Most homes built within the last 70 years had between 2,000 and 2,500 sq. ft. At the very bottom of the chart, you’ll find the median sold price per vintage.

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

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