Welcome to spring! We’re a few months deep in 2017, and it finally feels normal to write that as the year! It’s an exciting time, and not least because the snow blanketing the Kalispell area is giving way to fresh, green bloom. The first quarter market statistics are in. Comparing these sales to the first quarter of 2016 gives us a good benchmark to see how we’re doing. And we’re excited! The Kalispell Montana property market is in excellent shape.
In Western Montana, there were 823 residential sales in the 1st quarter of 2017 compared to 804 in 2016, and the total volume of sales increased by $44 million! The median price also increased to $250,000. And even though the amount of land sales decreased slightly, the total volume of those sales and the medium price increased.
Whitefish and Bigfork residential real estate agents both posted more sales in the first quarter of 2017 than in 2016, and agents selling land increased their sales in Bigfork and Polson. Bigfork was a hot spot this quarter! Here are the full numbers for the Flathead Lake region:
And here’s how residential and land sales in the first quarter of 2017 stacked up to 2016 sales across the rest of the Flathead Valley. Though Kalispell agents made fewer sales so far this year than last year, the median price is up, and is the total volume, which are both signs of strong, healthy market.
We can’t wait to keep growing by helping people make their big sky dreams come true with greater Northwest and Kalispell Montana property. If you have a Montana dream, give us a call today! Or, you can always browse online for Kalispell real estate, Whitefish Montana real estate, Bigfork real estate, Lakeside Montana real estate, and Polson real estate.
PHOTO: Kalispell Montana property, featuring Nhn Mt-82