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Sold Waterfront Listings
September and October were beautifully warm and sunny this year compared to any that can easily be remembered. The first week of November has reminded us that we are in the middle of fall in Northwest Montana. Cooler temperatures and snow dusting the mountaintops compliment the bright colors of leaves and larch.
Flathead Lake real estate sales have continued at a steady pace as we have moved into the the fall season. Closed waterfront sales have shown an increase in the past several months. As for an annual trend, we are continuing to see fewer, higher-priced sales. Earlier in the year, total sales on the waterfront had been down as much as 40%. We have made up some of that ground over the past few months, with sales volume now down just 21% year to date compared to the same period last year.
October Flathead Lake Real Estate Sales:
 Annual Sales Date:
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Active Waterfront Listings – Flathead Lake Real Estate
The number of Flathead Lake real estate waterfront listings is holding relatively steady compared to last year. There is typically a slight drop-off of summer season listings and we saw that again this year. Median prices for homes and land have held relatively steady over the past 12 months. The median price for waterfront land is around $600k. Median list prices for residential listings have slowly trended from the high $900s to the lower $900k range over the course of the year. The past two months have shown some recovery for residential median prices, currently at $975k. It seems waterfront sellers are more realistic about the market value of their properties based on sufficient data provided by comparable sales.
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