Page 33 - Flathead Beacon // 12.7.16

KELLEY’S MARKET TRENDS
FLATHEAD REAL ESTATE IN PERSPECTIVE
BY JIM KELLEY
MOST PEOPLE ARE OF THE 120% opinion that the best time to
market residential properties
is in the spring and summer. This chart 100% shows the last ve years of the relation-
ship between new listings and sales on
a monthly basis. Over the last ve years
there have been 13,040 new residential
listing in Flathead County and 7,606
sales, which represents 58.3 percent of
the new listings are sold. Over that same
ve-year period the numbers show that 60% between 38.2 percent and 48.9 percent of
new listing sell in the rst ve months. 49% In June the percentage of sales starts to
increase, then the largest percentage sell 40%
in December.
What these numbers suggest is that
the best time to have your home on the
market is during the fall when many list-
ings are expiring. If you really want to 30% sell, then plan to put up with the hassle
of having it on the market during the hol-
iday season.
Monthly Percentage of New Listings Sold
80%
72%
55%
JULY
0%
JAN.
FEB.
APR.
MAY
AUG.
SEPT.
OCT. NOV. DEC.
Sales
45%
41%
MAR.
106%
44% 38%
51%
JUNE
97% 91%
92%
In 1981, Jim started Kelley Appraisal in Kalispell and has since built an extensive data base of economic and real estate-related data on northwestern Montana. Over the last several years, he has published annual reports on the Flathead Real Estate Market and been a guest speaker on numerous occasions for various groups in the Flathead.
FLOORSPACE
WHAT CAN YOU BUY FOR ABOUT $450,000 NEXT WEEK:
$500,000 BY GEORGIA CHRISTIANSON
WHITEFISH
COLUMBIA FALLS
SOMERS
KALISPELL
5075 Portage Way
136 Turnberry Terrace
160 Old U.S. Highway 93 S.
213 Tronstad Rd.
PRICE: $439,000
WHAT: Three-bedroom, two-bath home SQUARE FEET: 2,100
This craftsman-style home is located
in The Lakes Village on a corner lot. It features high ceilings, wood ooring, heated garage, granite counters and access to all the amenities at the Canoe Club clubhouse.
Glacier Sotheby’s International Realty MLS#: 21612375
PRICE: $449,000
WHAT: Three-bedroom, two-bath home SQUARE FEET: 1,850
This custom “Montana modern” home is nestled in the trees in Mountain Watch Estates. It features alder wood cabi- netry, granite counters and stone gas replace. The exterior is complete with rock work, landscaping and under- ground sprinklers.
Glacier Sotheby’s International Realty MLS#: 21611825
PRICE: $449,500
WHAT: Three-bedroom, two-bath home SQUARE FEET: 2,250
This quality home overlooking Flathead Lake sits on 1.10 acres. Updates include new windows, metal roof and decking. Located near the Somers Bay boat launch for summertime fun.
Keller Williams Realty Northwest Montana MLS#: 21612150
PRICE: $463,000
WHAT: Five-bedroom, three-bath home SQUARE FEET: 3,225
This custom home has a spacious kitch- en, large windows and hardwood and slate ooring. The outstanding kitchen has a walk-in pantry and granite island. RE/MAX Glacier Country
MLS#: 21611313
If you would like your property listed in the Floor Space section,
please e-mail editor@ atheadbeacon.com. Entries are compiled by the Beacon sta and Georgia Christianson, Montana Brokers.
What would 30 years of successful real-estate experience do for you?
Call Georgia, a certi ed residential specialist for a free one-hour consultation.
DECEMBER 7, 2016 // FLATHEADBEACON.COM
33