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Real Estate

Market Trends: Land Parcels Sold

Flathead residential land sales by city and acreage range past three years

By Richard Dews

Back in early July, we looked at the quantity of parcels sold (bars, using left axis range) by city, from May 31 back to June 1 the prior year (for May 31 of 2019, 2020 and 2021). Let’s refresh the data and shift the window, this time looking from Aug. 31 back to Sept. 1 the prior year. Sales quantities doubled, in the 1- to 5-acre range, in Bigfork and Polson (2021 vs 2020).

I sorted the cities by most-to-least expensive, in median sold price per acre (lines, same colors, using right axis range). All cities but Polson show serious per acre sold price increases, in the 2021 1- to 5-acre range; Columbia Falls pretty much doubled in cost from 2020 to 2021, in the 6- to 10-acre range! Polson continues its low price trend.

© 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.