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Sold Waterfront Listings – Flathead Lake Real Estate
The weather is finally beginning to warm after a cooler spring. The local rumblings include questions about the rate of melting snowpack and if it will translate into any local flooding.
The relatively sluggish sales activity for the first quarter of the year has continued for Flathead Lake real estate sales with only 9 waterfront transactions compared to 16 at this time last year. This year’s sales have been higher dollar volume, however, adding up to $8.3M in sales down only 14% from $9.6M for the same period last year.
April Sales:
 Annual Sales Data:
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Active Waterfront Listings
Flathead Lake real estate listings have begun an early increase this year. While the market is not necessarily being flooded yet, residential listings on the lake are up 15% from last year at this time.
Median prices for homes and land have held relatively steady over the past 12 months – $600-650k range for land listings, and the $900-$1.0M range for homes. I believe waterfront sellers are more realistic about the market value of their properties based on sufficient data provided by comparable sales.
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