The numbers are in! And it’s clear that the market’s overall upward trend is strong in Northwest Montana‘s Flathead and Mission Valleys. Let us help you make sense of the raw data. The amount of residential sales in the first half of 2017 increased over 2016 in the Whitefish, Columbia Falls, Bigfork, Polson, and Kalispell MT real estate markets. That means the market is expanding, and it’s doing so fairly evenly across the entire region. In Whitefish, the area of greatest growth, number of residential sales is up by 28 percent.
Agents saw the biggest jump in total volume of residential sales in Columbia Falls—Northwest Montana’s clear hot spot during the first six months of 2017. Market statistics show a 47 percent increase, from $19 million to $28 million! The amount of residences sold is trending up as well, but by 14 percent, meaning the value and quality of the homes sold is increasing more rapidly. The Whitefish market also saw strong growth by this metric, reporting a 33 percent jump in total volume. Those are both huge surges. Other cities, including Kalispell and Bigfork, also reported an increase in the total volume of residential sales during this period.
Overall, in Western Montana, the total of residential sales reported in the first quarter of 2017 increased by nearly 10 percent over the same period in 2016. Agents across Western Montana reported 2,323 residential sales, representing a volume of $719,319,691 – an increase of roughly 21 percent. Land sales also soared, by nine percent.
What a strong place for the market to be in! We’re expecting it to continue growing in the second half of 2017. Whether you’re dreaming of lakeside living in Polson, ski town living in Whitefish, or being at the center of it all with Kalispell MT real estate, this is a great time for us to help you make your Montana dreams come true! Give us a call, or browse online: Kalispell real estate, Bigfork real estate, Whitefish Montana real estate, Lakeside Montana real estate, Polson real estate, residential real estate, and land for sale.