Real Estate

Market Trends: Sale Quantities and Speeds

Flathead County home sale quantities and speeds, by month sold, past five years

By Richard Dews

We last showed this chart about four months ago; let’s update it with data through March. I included sales of homes ranging in sold prices between $150,000 and $799,999, charting as bars the quantity (by month sold) and as lines the median days from listing to contract. 

County-wide sale quantities continue their spikes through this March, since last July. You may have thought that the median days from listing to contract, since May 2020, was short  — look at February and March 2021 (a finger-snapping six days; flinch and you may miss it). Remember it often takes another 30-45 days to get through inspection, title search and financing to reach the actual closing.

© Copyright 2021 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.