Flathead Lake real estate sales continued along briskly posting 3 closed transactions for the month of January, matching the number of transactions from the year before. With a banner year in waterfront sales for 2012, our inventory of waterfront properties is nearing record lows. It will be interesting to see if there are enough spring […]
Flathead Valley Real Estate Heads in New Direction
Prices increase as distressed sales diminish. As expected based on trends reported throughout the year, 2012 was a strong year in real estate sales for the Flathead Valley and Northwest Montana. Sales increased in every single segment of the market, and most notably in the residential sector posting a 33% increase in sales volume over […]
Flathead Valley Real Estate – 2012 Land Sales
The Flathead Valley land market can be simply summed up by the phrase “sales up, prices down.” Transactions were up a whopping 52% for the year and volume increased by 29%. Median prices took a significant downturn and dropped 22% from $90k to $70k. The market still holds a deep inventory of lots and land. […]
Impact of Distressed Properties on Flathead Valley Real Estate Market
Distressed residential sales continue to be a major factor in the Flathead Valley real estate market, and made a drastic change of course during 2012. After peaking out at 51% of all sales reported in the first quarter of the year, they began a rapid decline; finishing out the year at 24% for the last quarter. […]
