ANNUAL 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 YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 12/31/2017 through 1/1/2021 - 12/31/2021.
HISTORICAL active listing volume Residential and Land only.
$4,002,370,838 $3,518,448,336
$3,058,983,889 $3,094,117,948 $2,892,759,598
2017
2018
AVERAGE SALES PRICE
2019
2020
2021
MEDIAN SALES PRICE
TOTAL SALES VOLUME
AVG. DAYS ON MARKET
% CHANGE LIST TO SOLD
$520,000
$1,836,563,922
111
-.50%
$220,000
$393,664,565
131
-3.00%
RESIDENTIAL
$726,489
$535,762
$424,820
($380,000)
$389,116
($1,481,917,428)
(120)
(-3.00%)
$352,711
2017
2018
2019
2020
2021
LAND
$377,073
$224,182
$144,214
2017
$166,620
2018
($140,000)
$176,797
2019
2020
($238,754,272)
(261)
(-6.00%)
2021 2020 percentages in parenthesis.
PUREWESTREALESTATE.COM
FLATHEAD COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR
RESIDENTIAL UNITS sold
LAND
ACTIVE listings
UNITS sold
ACTIVE listings
1889
2017
1860
2018
3779
696
2018
2019
3807
703
2019
2352
1065
2020
2357
1044
2021
2078
2020
2766
3956
2021
2528
2017
639
3600
3178
2629 2954
1610
2021 closed RESIDENTIAL transactions by price point
Under $199,000
2%
$200,000 - $399,000
29%
$400,000 - $599,000
30%
$600,000 - $799,000
17%
$800,000 - $999,000
8%
$1,000,000 - $1,499,000
7%
$1,500,000 - $1,999,000
3%
$2,000,000 and up
4%
$2,230,228,487
TOTAL GROSS* sales volume
$1,720,671,710
IN FLATHEAD COUNTY
$758,423,455
2017
$839,724,025
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.
$1,007,064,393
LAKE COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 12/31/2017 through 1/1/2021 - 12/31/2021.
HISTORICAL active listing volume Residential and Land only.
$906,660,253
$831,789,017
$848,480,867
$840,151,932
$804,613,250 2017
2018
AVERAGE SALES PRICE
2019
2020
2021
MEDIAN SALES PRICE
TOTAL SALES VOLUME
AVG. DAYS ON MARKET
% CHANGE LIST TO SOLD
$445,000
$344,943,182
101
-2.00%
$108,500
$95,426,908
196
-2.00%
RESIDENTIAL
$706,851
$542,106
$416,057
($369,700)
$388,928
($322,553,094)
(163)
(-5.00%)
$303,383
2017
2018
2019
2020
2021
LAND
$213,962
$167,662
($85,000)
$131,684
2017
$121,970
$120,651
2018
2019
2020
($62,202,534)
(297)
(-10.00%)
2021 2020 percentages in parenthesis.
PUREWESTREALESTATE.COM
LAKE COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR
RESIDENTIAL UNITS sold
LAND
ACTIVE listings
UNITS sold
ACTIVE listings
363
2017
949
148
2017
378
2018
924
152
2018
879
2019
920
2019
853
2020
881
2020
865
403 595
2021
488
176 371
654
948
2021
446
689
2021 closed RESIDENTIAL transactions by price point
Under $199,000
8%
$200,000 - $399,000
34%
$400,000 - $599,000
25%
$600,000 - $799,000
14%
$800,000 - $999,000
6%
$1,000,000 - $1,499,000
6%
$1,500,000 - $1,999,000
2%
$2,000,000 and up
5%
$440,370,090 $384,755,628
TOTAL GROSS* sales volume IN LAKE COUNTY
$177,972,660
$129,617,359
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.
$175,808,867
LINCOLN COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 12/31/2017 through 1/1/2021 - 12/31/2021.
HISTORICAL active listing volume Residential and Land only.
$544,109,566
$443,438,894
$430,897,995
$404,681,290
$391,925,297 2017
2018
AVERAGE SALES PRICE
2019
2020
MEDIAN SALES PRICE
TOTAL SALES VOLUME
$341,500
$209,694,747
$101,900
2021
AVG. DAYS ON MARKET
% CHANGE LIST TO SOLD
($132,123,105)
(165)
80
-3.00%
$70,119,170
247
-4.00%
RESIDENTIAL
$427,948
$339,648
$236,912
($285,000)
$256,685
(-6.00%)
$201,135
2017
2018
2019
2020
2021
LAND
$148,873
$105,416 $90,042
($75,000)
$87,364
($32,468,183)
(276)
(-11.00%)
$84,315
2017
2018
2019
2020
2021 2020 percentages in parenthesis.
PUREWESTREALESTATE.COM
LINCOLN COUNTY
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR
RESIDENTIAL UNITS sold
LAND
ACTIVE listings
UNITS sold
ACTIVE listings
300
2017
735
164
2017
291
2018
755
164
2018
298
2019
389 490
692
2020
660
2021
665
951 996
2019
185 308 471
932
2020
864
2021
861
2021 closed RESIDENTIAL transactions by price point
Under $199,000
18%
$200,000 - $399,000
43%
$400,000 - $599,000
20%
$600,000 - $799,000
10%
$800,000 - $999,000
4%
$1,000,000 - $1,499,000
3%
$1,500,000 - $1,999,000
1%
$2,000,000 and up
1%
TOTAL GROSS* sales volume
$279,813,917
IN LINCOLN COUNTY
2017
$83,269,075
2018
2019
$164,591,288
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.
$75,107,346
$92,090,532
BIGFORK
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 12/31/2017 through 1/1/2021 - 12/31/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings 2017
206 238 248
531
2017
98
443
589
114
2018
2019
580
110
2019
414
2020
408
514
2021
278
ACTIVE listings
2018
2020
355
UNITS sold
191
363
453
2021
176
279
2021 closed RESIDENTIAL transactions by price point
Under $199,000
2%
$200,000 - $399,000
9%
$400,000 - $599,000
31%
$600,000 - $799,000
20%
$800,000 - $999,000
9%
$1,000,000 - $1,499,000
13%
$1,500,000 - $1,999,000
7%
$2,000,000 and up
9%
$353,145,578
$281,773,016
TOTAL GROSS* sales volume $140,474,872
$148,608,993
$103,043,525
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
$1,048,526
$689,640 $447,339
$521,381
$518,732 $350,314
$111,141
$143,738
$181,485
$193,460
2017
2018
2019
2020
2021
MEDIAN sales price
$673,250
$469,000 $342,500
$384,000
$383,750
$78,000
$80,000
$111,750
$125,000
2017
2018
2019
2020
$195,000
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
97
283
(156) DAYS
(366) DAYS
PUREWESTREALESTATE.COM
COLUMBIA FALLS
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 12/31/2017 through 1/1/2021 - 12/31/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings 2017
216
336
2018
203
308
ACTIVE listings 2017
263
2018
258
2019
76
319
2021
235
84
377
2020
250
102 391
2019
233
UNITS sold
233
2020
107
222
2021
121
178
2021 closed RESIDENTIAL transactions by price point
Under $199,000
1%
$200,000 - $399,000
23%
$400,000 - $599,000
37%
$600,000 - $799,000
19%
$800,000 - $999,000
10%
$1,000,000 - $1,499,000
6%
$1,500,000 - $1,999,000
2%
$2,000,000 and up
2%
$186,071,580
TOTAL GROSS* sales volume
$120,218,384 $90,826,422
$81,583,661
2017
$74,634,614
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 COLUMBIA FALLS
COLUMBIA FALLS
real estate trends Residential
Land
AVERAGE sales price
$634,422
$322,256
$320,376
$117,416
$114,266
2017
2018
$339,852
$401,604 $305,639 $185,209
$153,169
2019
2020
2021
MEDIAN sales price
$529,000
$358,450 $276,500
$280,000
$310,000 $191,500
$80,750
$83,500
2017
2018
$106,000
$120,000
2019
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
75
201
(107) DAYS
(181) DAYS
PUREWESTREALESTATE.COM
KALISPELL
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 12/31/2017 through 1/1/2021 - 12/31/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings
935
2017
933
2018
1627
2019
1617
996
1567
2020
1296
1801
2021
1218
UNITS sold
1390
ACTIVE listings
197
2017
203
2018
794 748
2019
213 307
2020
302
2021
699 668 501
2021 closed RESIDENTIAL transactions by price point
Under $199,000
1%
$200,000 - $399,000
42%
$400,000 - $599,000
29%
$600,000 - $799,000
15%
$800,000 - $999,000
7%
$1,000,000 - $1,499,000
4%
$1,500,000 - $1,999,000
1%
$2,000,000 and up
1%
$726,335,362
TOTAL GROSS* sales volume
$562,563,677
$299,841,275
2017
$328,047,693
2018
$371,291,152
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 KALISPELL
KALISPELL
real estate trends Residential
Land
AVERAGE sales price
$526,081
$389,416 $294,228
$319,942
$283,342
$343,443
$145,527
$137,191
2018
2019
$188,534
$125,575
2017
2020
2021
MEDIAN sales price $425,000 $250,000
$275,000
$299,900
$95,000
$95,500
2018
2019
$330,000
$119,000
$174,450
$85,500
2017
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
86
170
(101) DAYS
(219) DAYS
PUREWESTREALESTATE.COM
LAKESIDE/SOMERS
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 12/31/2017 through 1/1/2021 - 12/31/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings 2017
89
2020
138
2021
126
180
256 275 283
2020
110
209
2017
2019
63
261
ACTIVE listings 2018
52
223
2019
119
36
238
2018
75
UNITS sold
256
2021
125
161
2021 closed RESIDENTIAL transactions by price point
Under $199,000
1%
$200,000 - $399,000
9%
$400,000 - $599,000
32%
$600,000 - $799,000
20%
$800,000 - $999,000
9%
$1,000,000 - $1,499,000
13%
$1,500,000 - $1,999,000
9%
$2,000,000 and up
7%
$178,829,709
$122,195,155
IN LAKESIDE/SOMERS $71,513,136
$41,934,525
2017
$46,286,103
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.
TOTAL GROSS* sales volume
LAKESIDE/SOMERS
real estate trends Residential
Land
AVERAGE sales price
$1,135,242
$740,449 $427,218
$108,671
2017
$511,247
$518,393
$152,742
$155,943
$181,938
2018
2019
2020
$286,313
2021
MEDIAN sales price $305,080
$352,000
$388,000
$78,750
$85,000
2018
2019
$657,000
$430,000
$124,900
$188,000
$104,500
2017
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
81
161
(168) DAYS
(310) DAYS
PUREWESTREALESTATE.COM
POLSON
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 12/31/2017 through 1/1/2021 - 12/31/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings 2017
183 167 179 268
73
414
2018
370
2019
368
2020
362
2021
208
UNITS sold
281
63
ACTIVE listings 2017
512
2018
465
2019
82
414
2020
191
425
2021
248
370
2021 closed RESIDENTIAL transactions by price point
Under $199,000
6%
$200,000 - $399,000
40%
$400,000 - $599,000
26%
$600,000 - $799,000
11%
$800,000 - $999,000
5%
$1,000,000 - $1,499,000
7%
$1,500,000 - $1,999,000
2%
$2,000,000 and up
3%
TOTAL GROSS* sales volume
$156,266,600
$161,024,974
IN POLSON
$61,263,314
$58,876,392
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.
$72,944,534
POLSON
real estate trends Residential
Land
AVERAGE sales price
$593,553
$498,001 $366,758 $287,517
$312,179 $107,024
$88,962
2018
2019
$121,289
$151,475
$118,461
2017
2020
2021
MEDIAN sales price $373,750 $238,000
$256,000
$410,000
$305,000
$59,500
$55,000
$40,875
2017
2018
2019
$62,950
$79,950
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
92
279
(147) DAYS
(316) DAYS
PUREWESTREALESTATE.COM
WHITEFISH
real estate trends
COMPARING MARKET STATISTICS OVER THE PAST FIVE YEARS YEAR OVER YEAR Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2017 - 12/31/2017 through 1/1/2021 - 12/31/2021.
RESIDENTIAL UNITS sold
LAND
ACTIVE listings
390
2017
375
2018
831
2020
687
2021
616
519
2020
291
842
619
2019
182
1037
624
2018
197
910
ACTIVE listings 2017
173
858
2019
440
UNITS sold
481
2021
220
326
2021 closed RESIDENTIAL transactions by price point
Under $199,000
1%
$200,000 - $399,000
16%
$400,000 - $599,000
26%
$600,000 - $799,000
19%
$800,000 - $999,000
11%
$1,000,000 - $1,499,000
12%
$1,500,000 - $1,999,000
6%
$2,000,000 and up
9%
$797,551,020
$649,994,976
IN WHITEFISH
$317,234,975 $227,430,303
2017
$254,480,181
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.
TOTAL GROSS* sales volume
WHITEFISH
real estate trends Residential
Land
AVERAGE sales price
$1,039,371
$808,133 $487,789
$551,989
$714,994
$611,019
$241,037
$265,860
2018
2019
$325,798
$214,985
2017
2020
2021
MEDIAN sales price
$652,000
$535,000
$340,000
$385,000
$125,000
$142,000
2017
2018
$450,000
$431,000
$170,000 $219,000
2019
2020
2021
AVERAGE days on the market
2020 percentages in parenthesis.
homes
land
137
119
(143) DAYS
(244) 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.