Real Estate

Market Trends: List to Contract to Close

Flathead County home sales past year: offer within weeks or miss out?

By Richard Dews

Looking back over the past year, March 1, 2020 through February 28, 2021, let’s do a simple chart for Flathead county-wide single-family residence sales quantities by original list price range (in $100k blocks). We’ll focus on homes 1,200-2,800 square feet, with three bedrooms and two-plus bathrooms. Let’s also add an orange line, depicting the median days between listing and going under contract. We will also add a green line, depicting median days between contract and close.

© Copyright 2021 by Richard Garrett Dews. All rights reserved. Research based, in part, upon information from the Montana Regional MLS, LLC.

Up to $700k, forget months of negotiating; if buyers aren’t snapping up their choice in a few weeks, they’re likely forced to keep looking — chances are someone else got it under contract during that short window. The due diligence period durations seem amazingly consistent.

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

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