Looking at single-family residence sales by month sold (original list price between $250,000 and $899,999), over the past seven years, let’s chart as clustered columns the quantities sold, as same-colored lines the median days from listing to contract (DTC), and as same-colored dashed lines the median percentage of sold price to original list price. Median sold price percentage (of original list) bounced back to 92%, and DTC dropped by 1/3, comparing November 2022 to October 2022.
Richard Dews is CEO of Glacier Flathead Real Estate, a Flathead-based real estate software and services company.