A month ago, we looked comprehensively across the Flathead Valley at single-family residence sales by city over the preceding four years. Let’s update the statistics, looking at July 31 back to the prior August 1 each year (homes sold for prices ranging from $150,000 through $699,999). How many sold, in each city, for each of those July-back-through-August periods each year (see colored bars)? Can we break it down by square footage (home size) range? Let’s also add same color (by year) lines, depicting the median sold price per square foot. I also added a black line, depicting the median days from listing to contract for the July 31, 2021 lookback period.
Big pop in per foot price of the smallest square footage range, for Bigfork (on par with Whitefish), comparing 2020 to 2021. 3,000-plus square footage homes are often on the market longest.
Richard Dews is CEO of Glacier Flathead Real Estate, a Flathead-based real estate software and services company.