FIRST HALF MARKET TRENDS 2021 · Northwest Montana
CONTENTS
THANK YOU TO OUR CLIENTS
01
Flathead County Real Estate Trends
03
Lake County Real Estate Trends
05
Lincoln County Real Estate Trends
07
Bigfork
09
Columbia Falls
11
Kalispell
13
Lakeside/Somers
15 Polson 17
Whitefish
19 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.
FLATHEAD COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 6/30/2017 through 1/1/2021 - 6/30/2021.
HISTORICAL active listing volume Residential and Land only.
$2,450,658,543
$2,231,486,864
$2,196,439,159
$2,156,831,037 $2,098,196,420 2017
2018
AVERAGE SALES PRICE
2019
2020
2021
MEDIAN SALES PRICE
TOTAL SALES VOLUME
AVG. DAYS ON MARKET
$478,000
$796,257,550
112 (138)
(-4.00%)
$189,750
$198,986,614
221
-.00%
% CHANGE LIST TO SOLD
RESIDENTIAL
$668,562
$416,700 $371,196 $334,775
2017
2018
($335,000)
$426,130
2019
2020
($398,005,801)
.06%
2021
LAND
$323,030
$163,413
$170,308
2018
2019
($62,227,136)
$182,484
$140,612
2017
($116,000)
2020
(261)
(-8.00%)
2021 2020 percentages in parenthesis.
PUREWESTREALESTATE.COM
FLATHEAD COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR
LAND
RESIDENTIAL UNITS sold
ACTIVE listings
UNITS sold
828
2017
2,482
841
2018
2,462
888
2019
934
2020
2,255
2021
1,191
2017
284
2,552
1,899
ACTIVE listings
353
2018
328
2019
341
2020 2021
616
2,105 1,916 1,786 1,500 1,075
2021 closed RESIDENTIAL transactions by price point
Under $199,000
2%
$200,000 - $399,000
34%
$400,000 - $599,000
29%
$600,000 - $799,000
16%
$800,000 - $999,000
7%
$1,000,000 - $1,499,000
6%
$1,500,000 - $1,999,000
3%
$2,000,000 and up
3%
$995,244,164
TOTAL GROSS* sales volume
$425,890,950
$460,232,937
$369,861,663 $317,128,217
2017
2018
2019
2020
2021
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.
*Residential and Land only.
IN FLATHEAD COUNTY
LAKE COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 6/30/2017 through 1/1/2021 - 6/30/2021.
HISTORICAL active listing volume Residential and Land only.
$639,004,835
$588,531,570
$610,450,385
$567,582,282
$541,314,185 2017
2018
AVERAGE SALES PRICE
2019
2020
2021
MEDIAN SALES PRICE
TOTAL SALES VOLUME
AVG. DAYS ON MARKET
% CHANGE LIST TO SOLD
$449,500
$136,564,424
125
-1.50%
$94,000
$46,689,918
297
-2.00%
RESIDENTIAL
$615,155
$424,131 $358,682 $356,747
$284,597
2017
($291,750)
2018
2019
2020
($78,888,429)
(183)
(-6.00%)
2021 $177,528
LAND
$161,937
$134,065
$119,399
2017
($82,000)
($15,060,150)
(395)
(-13.00%)
$114,727
2018
2019
2020
2021 2020 percentages in parenthesis.
PUREWESTREALESTATE.COM
LAKE COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR
RESIDENTIAL UNITS sold
LAND UNITS sold
ACTIVE listings
159
2017
153
2018
153
2019
780 649 622
2020
186
2021
222
79
2017
76
2018
55
2019
633
2020
611
93
566
737 695
2021
263
486
ACTIVE listings
486
2021 closed RESIDENTIAL transactions by price point
Under $199,000
6%
$200,000 - $399,000
36%
$400,000 - $599,000
26%
$600,000 - $799,000
13%
$800,000 - $999,000
7%
$1,000,000 - $1,499,000
7%
$1,500,000 - $1,999,000
3%
$2,000,000 and up
2%
$183,254,342
TOTAL GROSS* sales volume $93,948,589 $65,067,389 $54,683,626
2017
2018
$60,892,316
2019
2020
2021
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.
*Residential and Land only.
IN LAKE COUNTY
LINCOLN COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 6/30/2017 through 1/1/2021 - 6/30/2021.
HISTORICAL active listing volume Residential and Land only.
$366,268,158
$317,185,093 $310,428,888 $306,266,240
$301,848,841
2017
2018
2019
MEDIAN SALES PRICE
AVERAGE SALES PRICE
2020
TOTAL SALES VOLUME
2021
AVG. DAYS ON MARKET
% CHANGE LIST TO SOLD
135
-2.50%
272
-5.00%
RESIDENTIAL
$390,142
$275,306
$310,000
$235,966
($275,306)
$234,775
$88,562,309 ($33,312,059)
(199)
(-8.00%)
$190,555
2017
2018
2019
2020
2021 $134,628
LAND
$117,460
$93,000 ($67,500)
$90,532
$73,909
2017
$78,193
2018
2019
2020
$34,868,696 ($11,041,235)
(300)
(-12.00%)
2021 2020 percentages in parenthesis.
PUREWESTREALESTATE.COM
LINCOLN COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR
RESIDENTIAL UNITS sold
LAND UNITS sold
ACTIVE listings 2017
132
543
2018
522
123
2019
506
121
2020
115
2021
227
77
2017
759
85
2018
774
2019
774
70 94
403 259
425
ACTIVE listings
2020
622
2021
626
2021 closed RESIDENTIAL transactions by price point
Under $199,000
25%
$200,000 - $399,000
39%
$400,000 - $599,000
19%
$600,000 - $799,000
10%
$800,000 - $999,000
3%
$1,000,000 - $1,499,000
3%
$1,500,000 - $1,999,000
1%
$2,000,000 and up
0%
$123,431,005
TOTAL GROSS* sales volume
IN LINCOLN COUNTY
$30,844,329
2017
$33,782,599
$35,214,692
2018
2019
2020
2021
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.
*Residential and Land only.
$44,353,294
BIGFORK
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 6/30/2017 through 1/1/2021 - 6/30/2021.
RESIDENTIAL UNITS sold 72 98 90
LAND
ACTIVE listings 2017
390
2018
399
2019
406
2020
104
48 58
315
2021
117
UNITS sold
224
ACTIVE listings 2017
365
2018
361
45
2019
49
2020
323 288
2021
103
197
2021 closed RESIDENTIAL transactions by price point
Under $199,000
4%
$200,000 - $399,000
14%
$400,000 - $599,000
30%
$600,000 - $799,000
20%
$800,000 - $999,000
7%
$1,000,000 - $1,499,000
13%
$1,500,000 - $1,999,000
7%
$2,000,000 and up
5%
$127,669,127
TOTAL GROSS* sales volume
$66,340,412
$53,496,126
$50,379,370
$34,696,980
2017
2018
2019
2020
2021
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.
*Residential and Land only.
IN BIGFORK
BIGFORK
real estate trends Residential
Land
AVERAGE sales price
$858,823
$421,625
$90,415
2017
$462,376
$483,355
$555,490
$141,089
$152,831
$174,886
2018
2019
2020
2021
MEDIAN sales price $357,250
$372,500
$71,000
$74,500
$90,000
2017
2018
2019
$319,750
$263,950
$605,000
$357,250
$115,000
2020
$150,000
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
116
404
(203) DAYS
(386) DAYS
PUREWESTREALESTATE.COM
COLUMBIA FALLS
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 6/30/2017 through 1/1/2021 - 6/30/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings
94 84
2017
241
2018
248
2019
105 88 102
UNITS sold 2017
97 46 39
257
2020
180
2021
177
ACTIVE listings
49
192
2018
186
2019
169
2020
157
2021
77
126
2021 closed RESIDENTIAL transactions by price point
Under $199,000
2%
$200,000 - $399,000
30%
$400,000 - $599,000
32%
$600,000 - $799,000
18%
$800,000 - $999,000
10%
$1,000,000 - $1,499,000
6%
$1,500,000 - $1,999,000
1%
$2,000,000 and up
1%
TOTAL GROSS* sales volume
$82,029,520
IN COLUMBIA FALLS
2017
$41,215,198 $33,899,979
2018
2019
$36,765,071
2020
2021
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.
*Residential and Land only.
$33,854,757
COLUMBIA FALLS
real estate trends Residential
Land
AVERAGE sales price
$606,363
$306,178
$338,812
$342,440
$349,591 $262,084
$123,756
$118,254
$134,844
2017
2018
2019
$122,470
2020
2021
MEDIAN sales price $291,250
$296,000
$302,500
$488,000
$304,950 $162,000
$85,000
$81,250
$98,000
$113,000
2017
2018
2019
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
83
264
(131) DAYS
(213) DAYS
PUREWESTREALESTATE.COM
KALISPELL
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 6/30/2017 through 1/1/2021 - 6/30/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings
UNITS sold
423
2017
1043
436
2018
1049
425
2019
1029
2020
1010
483
2021
587
798
98 110 100 114
ACTIVE listings 2017
643
2018
515
2019
528
2020
492
2021
164
332
2021 closed RESIDENTIAL transactions by price point
Under $199,000
1%
$200,000 - $399,000
49%
$400,000 - $599,000
27%
$600,000 - $799,000
13%
$800,000 - $999,000
5%
$1,000,000 - $1,499,000
3%
$1,500,000 - $1,999,000
1%
$2,000,000 and up
1%
$322,216,232
TOTAL GROSS* sales volume
$192,286,286
$149,800,404
$155,513,697
2018
2019
$127,977,110
2017
2020
2021
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.
*Residential and Land only.
IN KALISPELL
KALISPELL
real estate trends Residential
Land
AVERAGE sales price
$479,422
$275,286
$308,253
$362,726
$331,719
$248,753
$117,661
$140,017
$145,329
$149,911
2017
2018
2019
2020
2021
MEDIAN sales price $295,000 $241,000
$399,000
$319,000
$265,000 $162,500
$76,000
$90,000
$97,500
2017
2018
2019
$99,000
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
89
203
(118) DAYS
(216) DAYS
PUREWESTREALESTATE.COM
LAKESIDE/SOMERS
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 6/30/2017 through 1/1/2021 - 6/30/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings 2017
28
173
2018
35
157
2019
45
190
2020
38
2017
23
2018
23
119
ACTIVE listings
19
32
147
2021
63
UNITS sold
214 207
2019
220
2020
186
2021
89
131
2021 closed RESIDENTIAL transactions by price point
Under $199,000
2%
$200,000 - $399,000
13%
$400,000 - $599,000
41%
$600,000 - $799,000
17%
$800,000 - $999,000
10%
$1,000,000 - $1,499,000
8%
$1,500,000 - $1,999,000
6%
$2,000,000 and up
3%
$74,440,706
TOTAL GROSS* sales volume
IN LAKESIDE/SOMERS
2017
$22,257,250
$17,695,100
2018
2019
2020
2021
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.
*Residential and Land only.
$14,788,922
$26,452,306
LAKESIDE/SOMERS
real estate trends Residential
Land
AVERAGE sales price
$797,429
$455,792
$416,446
$467,329
$499,775 $271,940
$106,671
2017
$135,630
2018
$169,453
$141,991
2019
2020
2021
MEDIAN sales price $348,636
$312,000
$367,000
$582,677
$372,000 $162,500
$80,000
$75,000
$95,000
2017
2018
2019
$99,000
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
97
183
(168) DAYS
(401) DAYS
PUREWESTREALESTATE.COM
POLSON
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 6/30/2017 through 1/1/2021 - 6/30/2021.
LAND
RESIDENTIAL UNITS sold
ACTIVE listings
77
2017
74
2018
75
2019
90
2020
89
2021
UNITS sold 38
293 263 253 236
2017
27
2018
28
2019
38
2020
387 364 314 299
2021
148
164
ACTIVE listings
258
2021 closed RESIDENTIAL transactions by price point
Under $199,000
4%
$200,000 - $399,000
46%
$400,000 - $599,000
23%
$600,000 - $799,000
10%
$800,000 - $999,000
6%
$1,000,000 - $1,499,000
8%
$1,500,000 - $1,999,000
2%
$2,000,000 and up
1%
TOTAL GROSS* sales volume
$62,555,060
$43,518,603
$24,168,921
$26,023,500
2017
2018
$29,000,709
2019
2020
2021
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.
*Residential and Land only.
IN POLSON
POLSON
real estate trends Residential
Land
AVERAGE sales price
$525,134
$420,738
$264,372 $100,322
2017
$305,641
$126,148
2018
$352,186
$148,741
$106,879
$92,384
2019
2020
2021
MEDIAN sales price
$395,000
$322,500 $239,500
$36,500
2017
$238,000
$65,000
2018
$275,000
$37,500
$51,000
$69,750
2019
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
117
346
(169) DAYS
(363) DAYS
PUREWESTREALESTATE.COM
WHITEFISH
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS FIRST HALF YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 6/30/2017 through 1/1/2021 - 6/30/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings
175 161
2017
565
2018
560
194
2019
196
2020
563
96
2018
89
2019
86
2020 2021
141
531
ACTIVE listings 2017
73
625
2021
307
UNITS sold
489 440 385 302 183
2021 closed RESIDENTIAL transactions by price point
Under $199,000
1%
$200,000 - $399,000
17%
$400,000 - $599,000
28%
$600,000 - $799,000
19%
$800,000 - $999,000
8%
$1,000,000 - $1,499,000
11%
$1,500,000 - $1,999,000
8%
$2,000,000 and up
8%
$395,365,311
TOTAL GROSS* sales volume $142,121,146 $100,404,295
2017
$140,878,325
$106,975,724
2018
2019
2020
2021
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.
*Residential and Land only.
IN WHITEFISH
WHITEFISH
real estate trends Residential
Land
$1,015,679
AVERAGE sales price
$592,567 $622,822 $478,957
$593,433
$517,551
$227,215
$246,353
2017
2018
$239,253 $285,644
2019
2020
2021
MEDIAN sales price $447,725 $347,000
$375,000
$140,000
$143,250
2017
2018
$170,000
$418,750
$630,490
$367,500
$170,000
2019
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
162
138
(164) DAYS
(266) DAYS
PUREWESTREALESTATE.COM
LOCATIONS Bigfork 420 Electric Avenue Bigfork, MT 59911 406.837.7050
Columbia Falls 494 St. Andrews Drive Columbia Falls, MT 406.892.2801
Kalispell 17 1st Avenue East Kalispell, MT 59901 406.751.5600
Kalispell | Commercial Office 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
WWW.PUREWESTREALESTATE.COM 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.