Annual Market Trends 2022 Northwest

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ANNUAL MARKET TRENDS

2022 · Northwest Montana

CONTENTS 03 Flathead County 04 Lake County 05 Lincoln County 06 Bigfork 07 Columbia Falls 08 Kalispell 09 Lakeside | Somers 10 Polson 11 Whitefish 12 PureWest Locations The foregoing information was obtained from the Montana Regional MLS and while deemed reliable is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. THANK YOU TO OUR CLIENTS

TOTAL GROSS* sales volume IN FLATHEAD

8.92% 34.32% 28.02% 20.04% 6.11% 2.59% Under $250k $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up $166,620 $176,797 $224,182 $377,073 $514,192 $107,500 $116,200 $140,000 $220,000 $324,700 $389,116 $424,820 $535,762 $726,489 $823,721 $310,000 $330,000 $380,000 $520,000 $605,000
FLATHEAD COUNTY sold properties - 2022
COUNTY
2022 closed RESIDENTIAL transactions BY PRICE POINT AVERAGE DAYS ON MARKET 111 days 2021: 111 days RESIDENTIAL units sold MEDIAN AVERAGE MEDIAN AVERAGE 172 days 2021: 131 days *Residential and Land only. 2018 2019 2020 2021 2022 RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 AVERAGE & MEDIAN sales price AVERAGE DAYS ON MARKET Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2022 2021 2020 2019 2018 1771 2766 2078 1860 1889
$839,724,025 $1,007,064,393 $1,720,671,710 $2,230,228,487 $1,709,735,594

TOTAL GROSS* sales volume

37.80% 26.15% 16.92% 12.75% 4.18% 2.20% Under $250k $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up $121,970 $120,651 $167,662 $213,962 $286,952 $70,000 $71,250 $85,000 $108,500 $156,000 $416,057 $388,928 $542,106 $706,851 $758,794 $289,500 $299,000 $369,700 $445,000 $525,000
IN LAKE COUNTY 2022 closed RESIDENTIAL transactions BY PRICE POINT RESIDENTIAL units sold $175,808,867 $177,972,660 $384,755,628 $440,370,090 $317,962,786 LAKE COUNTY sold properties - 2022 AVERAGE DAYS ON MARKET 95 days 2021: 101 days MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 191 days 2021: 196 days AVERAGE & MEDIAN sales price RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 *Residential and Land only. Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 340 488 595 403 378 2022 2021 2020 2019 2018

TOTAL GROSS* sales volume IN

$83,269,075 $92,090,532

$164,591,288

$279,813,917 $232,721,002

46.63% 28.37% 16.51% 7.05% 1.12% 0.32% Under $250k $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up $87,364 $84,315 $105,416 $148,873 $198,876 $65,000 $57,500 $75,000 $101,900 $150,000 $236,912 $256,685 $339,648 $427,948 $512,842 $190,000 $222,500 $285,000 $341,500 $425,000
LINCOLN
2022 closed RESIDENTIAL transactions BY PRICE POINT RESIDENTIAL units sold LINCOLN COUNTY sold properties - 2022 AVERAGE DAYS ON MARKET 111 days 2021: 80 days MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 211 days 2021: 247 days *Residential and Land only. 2018 2019 2020 2021 2022 RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 AVERAGE & MEDIAN sales price Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2022 2021 2020 2019 2018 339 490 389 298 291
COUNTY

AVERAGE & MEDIAN sales price

TOTAL GROSS* sales volume IN

$143,738 $181,485 $193,460 $350,314 $607,347 $80,000 $111,750 $125,000 $195,000 $537,955 11.64% 19.83% 31.47% 20.69% 10.34% 6.03% Under $250k $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up $521,381 $518,732 $689,640 $1,048,526 $1,138,863 $384,000 $383,750 $469,000 $673,250 $798,937
BIGFORK 2022 closed RESIDENTIAL transactions BY PRICE POINT RESIDENTIAL units sold 168 278 355 248 238
AVERAGE DAYS ON MARKET 91 days 2021: 97 days MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 111 days 2021: 283 days
RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 *Residential and Land only. Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2022 2021 2020 2019 2018
$140,474,872 $148,608,993 $281,773,016 $353,145,578 $224,731,687 BIGFORK sold properties - 2022

TOTAL GROSS* sales volume IN COLUMBIA FALLS

$74,634,614 $90,826,422

$120,218,384

$186,071,580 $154,399,596

$114,266 $153,169 $185,209 $305,639 $484,509 $83,500 $106,000 $120,000 $191,500 $396,542 $320,379 $339,852 $401,604 $634,422 $677,273 $280,000 $310,000 $358,450 $529,000 $570,603 11.48% 38.11% 25.00% 21.72% 3.69% 0.00% Under $250k $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up
2022 closed RESIDENTIAL transactions
COLUMBIA FALLS sold properties - 2022 AVERAGE DAYS ON MARKET 85 days 2021: 75 days MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 128 days 2021: 201 days RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 AVERAGE & MEDIAN
*Residential and Land only. 2018 2019 2020 2021 2022 Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. RESIDENTIAL units sold 2022 2021 2020 2019 2018 190 235 250 233 203
sales price

TOTAL GROSS* sales volume IN

$140,017 $145,329 $149,911 $248,753 $453,316 $95,000 $95,500 $119,000 $174,450 $297,807 7.66% 41.34% 29.95% 17.32% 3.35% 0.38% Under $250k $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up $319,942 $343,443 $389,416 $526,081 $639,713 $275,000 $299,900 $330,000 $425,000 $533,741 $328,047,693
562,563,677
$371,291,152
$726,335,362 $638,305,152
2022 closed RESIDENTIAL transactions BY PRICE POINT RESIDENTIAL units sold KALISPELL sold properties - 2022 AVERAGE DAYS ON MARKET 103 days 2021: 86 days MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 180 days 2021: 170 days 2018 2019 2020 2021 2022 *Residential and Land only.
& MEDIAN
RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 879 1218 1296 996 933 2022 2021 2020 2019 2018
KALISPELL
AVERAGE
sales price

TOTAL GROSS* sales volume IN LAKESIDE | SOMERS

$71,513,136

$122,195,155

$178,829,709 $99,389,333

$152,742 $155,943 $181,938 $286,313 $541,928 $78,750 $85,000 $124,900 $188,000 $504,850 $511,247 $518,393 $740,449 $1,135,242 $991,272 $352,000 $388,000 $430,000 $657,000 $918,140 15.65% 21.74% 29.57% 20.00% 7.83% 5.22% Under $250k $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up
$46,286,103
2022 closed RESIDENTIAL transactions BY PRICE POINT RESIDENTIAL units sold LAKESIDE | SOMERS sold properties - 2022 AVERAGE DAYS ON MARKET 98 days 2021: 81 days MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 130 days 2021: 161 days *Residential and Land only. 2018 2019 2020 2021 2022 RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
& MEDIAN
Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2022 2021 2020 2019 2018 76 126 138 119 75
AVERAGE
sales price

TOTAL GROSS* sales volume IN POLSON

$156,266,600 $161,024,974 $136,430,990

$72,944,534

$107,024 $88,962 $121,289 $151,475 $207,170 $55,000 $40,875 $62,950 $79,950 $146,813 $312,179 $366,758 $498,001 $593,553 $738,624 $256,000 $305,000 $373,750 $410,000 $536,325 37.69% 27.61% 17.91% 11.57% 4.10% 1.12% Under $250k $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up $58,876,392
2022 closed RESIDENTIAL transactions BY
RESIDENTIAL units sold POLSON sold properties - 2022 AVERAGE DAYS ON MARKET 98 days 2021: 92 days MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 142 days 2021: 279 days 2018 2019 2020 2021 2022 *Residential and Land only.
& MEDIAN
RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 161 208 268 179 167 2022 2021 2020 2019 2018
PRICE POINT
AVERAGE
sales price

TOTAL GROSS* sales volume IN WHITEFISH

$254,480,181 $317,234,975

$649,994,976 $797,551,020 $565,048,924

$241,037 $265,860 $325,798 $714,994 $904,895 $142,000 $170,000 $219,000 $450,000 $703,458 $551,989 $611,019 $808,133 $1,039,372 $1,209,264 $385,000 $431,000 $535,000 $652,000 $832,683 2.00% 21.40% 27.40% 29.40% 12.20% 7.60% Under $250k $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001 - $3,000,000 $3,000,001 and up
2022 closed RESIDENTIAL transactions
WHITEFISH sold properties - 2022 AVERAGE DAYS ON MARKET 163 days 2021: 137 days MEDIAN AVERAGE MEDIAN AVERAGE AVERAGE DAYS ON MARKET 135 days 2021: 119 days *Residential and Land only. 2018 2019 2020 2021 2022 RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
BY
Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 12/31/2018 through 1/1/2022 - 12/31/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. RESIDENTIAL units sold 2022 2021 2020 2019 2018 399 616 687 440 375
AVERAGE & MEDIAN sales price

NORTHWEST LOCATIONS

BIGFORK

420 Electric Avenue

Bigfork, MT 59911

406.837.7050

COLUMBIA FALLS

494 St. Andrews Drive

Columbia Falls, MT 59912

406.892.2801

KALISPELL

17 1st Avenue East

Kalispell, MT 59901

406.751.5600

KALISPELL | COMMERCIAL

1204 1st Avenue East

Kalispell, MT 59901

406.751.4330

LAKESIDE

115 Bills Road

Lakeside, MT 59922

406.844.6050

POLSON

50249 US Highway 93

Polson, MT 59860

406.883.0961

WHITEFISH

401 Baker Avenue

492 East 2nd Street

Lodge at Whitefish Lake

Whitefish, MT 59937

406.862.4900

PUREWESTREALESTATE.COM

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