Kalispell Residential Activity Most Recent 12mo

Real Estate

With the first quarter of 2018 just completed, the real estate market is ramping up for spring and summer. I'd like my buyers and sellers, in the Kalispell area specifically, to know the activity and valuation trends for single family residences. Here is a deep summary snapshot chart of most-recent year activity within Kalispell:

Sales by Original List Price Range (2017-04-01 - 2018-03-31) - PNG Final

You can see that the $/sqft averages around $140, with a few segment exceptions. This compares to the $125/sqft range of the prior year, as you can see in the respective chart below. Also, note that the average sold price more closely hugs the average listing price (in the most recent year), with a slow sold-price-to-listing-price ratio decline of about 5% towards the upper value end of the above chart. This shows a stronger and more valuable market than that of the prior year.

Sales by Original List Price Range (2016-04-01 - 2017-03-31) - PNG

Please note the sales unit activity, for the same value segments, for the most recent year sales (and the prior) in the charts below. These also depict the average number of days on market until offer accepted and under contract, plus average number of days (per segment) between contract and successful closing.

Units Sold   Avg Days to Contract   Close by Original List Price Range (2017-04-01 - 2018-03-31) - O

Units Sold   Avg Days to Contract   Close by Original List Price Range (2016-04-01 - 2017-03-31) - O

If you desire details of other local markets (Whitefish, Columbia Falls, Polson, etc), or broader trends by county -- or if you want a seriously filtered analysis by specific location(s) or property sizes -- I offer research services in addition to my standard Realtor® offerings.