Local Market Update – January 2022 A Research Tool Provided by Montana Regional MLS
Flathead County Single-Family
January
Year to Date
Key Metrics
2021
2022
% Change
Thru 1-2021
Thru 1-2022
% Change
New Listings
123
77
- 37.4%
123
77
- 37.4%
Pending Sales
156
87
- 44.2%
156
87
- 44.2%
Closed Sales
116
89
- 23.3%
116
89
- 23.3%
Days on Market Until Sale
57
81
+ 42.1%
57
81
+ 42.1%
Median Sales Price*
$408,500
$575,000
+ 40.8%
$408,500
$575,000
+ 40.8%
Average Sales Price*
$661,849
$788,444
+ 19.1%
$661,849
$788,444
+ 19.1%
98.7%
98.6%
- 0.1%
98.7%
98.6%
- 0.1%
Inventory of Homes for Sale
190
138
- 27.4%
––
––
––
Months Supply of Inventory
1.0
0.9
- 10.0%
––
––
––
Percent of List Price Received*
Townhouse/Condo
January
Year to Date
Key Metrics
2021
2022
% Change
Thru 1-2021
Thru 1-2022
% Change
New Listings
46
94
+ 104.3%
46
94
+ 104.3%
Pending Sales
62
39
- 37.1%
62
39
- 37.1%
Closed Sales
32
34
+ 6.3%
32
34
+ 6.3%
Days on Market Until Sale
38
120
+ 215.8%
38
120
+ 215.8%
Median Sales Price*
$283,650
$435,450
+ 53.5%
$283,650
$435,450
+ 53.5%
Average Sales Price*
$356,293
$521,453
+ 46.4%
$356,293
$521,453
+ 46.4%
99.1%
100.6%
+ 1.5%
99.1%
100.6%
+ 1.5%
Inventory of Homes for Sale
55
125
+ 127.3%
––
––
––
Months Supply of Inventory
0.9
2.7
+ 200.0%
––
––
––
Percent of List Price Received*
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price - Single-Family
Median Sales Price - Townhouse/Condo
Rolling 12-Month Calculation
Rolling 12-Month Calculation
MRMLS Flathead County
$700,000
MRMLS Flathead County
$450,000 $400,000
$600,000
$350,000 $500,000 $300,000 $400,000 $250,000 $300,000 $200,000 $200,000
$150,000
$100,000 1-2012
$100,000 1-2014
1-2016
1-2018
1-2020
1-2022
1-2012
1-2014
1-2016
1-2018
1-2020
1-2022
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point. Current as of February 5, 2022. All data from Montana Regional MLS. Report © 2022 ShowingTime.
Local Market Update – January 2022 A Research Tool Provided by Montana Regional MLS
Lake County Single-Family
January
Year to Date
Key Metrics
2021
2022
% Change
Thru 1-2021
Thru 1-2022
% Change
New Listings
25
20
- 20.0%
25
20
- 20.0%
Pending Sales
29
24
- 17.2%
29
24
- 17.2%
Closed Sales
31
21
- 32.3%
31
21
- 32.3%
Days on Market Until Sale
80
65
- 18.8%
80
65
- 18.8%
Median Sales Price*
$410,000
$505,000
+ 23.2%
$410,000
$505,000
+ 23.2%
Average Sales Price*
$473,371
$630,138
+ 33.1%
$473,371
$630,138
+ 33.1%
98.1%
98.9%
+ 0.8%
98.1%
98.9%
+ 0.8%
Inventory of Homes for Sale
75
47
- 37.3%
––
––
––
Months Supply of Inventory
1.6
1.4
- 12.5%
––
––
––
Percent of List Price Received*
Townhouse/Condo
January
Year to Date
Key Metrics
2021
2022
% Change
Thru 1-2021
Thru 1-2022
% Change
New Listings
0
1
––
0
1
––
Pending Sales
0
1
––
0
1
––
Closed Sales
1
1
0.0%
1
1
0.0%
262
21
- 92.0%
262
21
- 92.0%
Median Sales Price*
$250,000
$525,000
+ 110.0%
$250,000
$525,000
+ 110.0%
Average Sales Price*
$250,000
$525,000
+ 110.0%
$250,000
$525,000
+ 110.0%
96.2%
100.0%
+ 4.0%
96.2%
100.0%
+ 4.0%
Inventory of Homes for Sale
1
0
- 100.0%
––
––
––
Months Supply of Inventory
0.5
––
––
––
––
––
Days on Market Until Sale
Percent of List Price Received*
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price - Single-Family
Median Sales Price - Townhouse/Condo
Rolling 12-Month Calculation
Rolling 12-Month Calculation
MRMLS Lake County
$500,000
MRMLS Lake County
$600,000
$450,000
$500,000
$400,000 $400,000 $350,000 $300,000 $300,000 $200,000 $250,000 $100,000
$200,000 $150,000 1-2012
$0 1-2014
1-2016
1-2018
1-2020
1-2022
1-2012
1-2014
1-2016
1-2018
1-2020
1-2022
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point. Current as of February 5, 2022. All data from Montana Regional MLS. Report © 2022 ShowingTime.