Local Market Update – April 2022 A Research Tool Provided by Montana Regional MLS
Flathead County Single-Family
April
Year to Date
Key Metrics
2021
2022
% Change
Thru 4-2021
Thru 4-2022
% Change
New Listings
232
170
- 26.7%
666
525
- 21.2%
Pending Sales
166
122
- 26.5%
596
443
- 25.7%
Closed Sales
127
139
+ 9.4%
519
407
- 21.6%
Days on Market Until Sale
43
77
+ 79.1%
47
85
+ 80.9%
Median Sales Price*
$600,000
$769,000
+ 28.2%
$515,000
$699,000
+ 35.7%
Average Sales Price*
$799,973
$980,662
+ 22.6%
$689,008
$903,904
+ 31.2%
101.7%
101.3%
- 0.4%
100.1%
100.2%
+ 0.1%
Inventory of Homes for Sale
233
190
- 18.5%
––
––
––
Months Supply of Inventory
1.2
1.3
+ 8.3%
––
––
––
Percent of List Price Received*
Townhouse/Condo
April
Year to Date
Key Metrics
2021
2022
% Change
Thru 4-2021
Thru 4-2022
% Change
New Listings
100
40
- 60.0%
238
219
- 8.0%
Pending Sales
73
31
- 57.5%
230
163
- 29.1%
Closed Sales
44
33
- 25.0%
170
131
- 22.9%
Days on Market Until Sale
50
116
+ 132.0%
52
116
+ 123.1%
Median Sales Price*
$415,250
$569,500
+ 37.1%
$339,950
$470,000
+ 38.3%
Average Sales Price*
$604,949
$680,980
+ 12.6%
$490,952
$636,579
+ 29.7%
101.7%
102.4%
+ 0.7%
100.3%
101.8%
+ 1.5%
Inventory of Homes for Sale
64
119
+ 85.9%
––
––
––
Months Supply of Inventory
1.0
2.9
+ 190.0%
––
––
––
Percent of List Price Received*
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price - Single-Family
Median Sales Price - Townhouse/Condo
Rolling 12-Month Calculation
Rolling 12-Month Calculation
MRMLS Flathead County
$700,000
MRMLS Flathead County
$450,000 $400,000
$600,000
$350,000 $500,000 $300,000 $400,000 $250,000 $300,000 $200,000 $200,000
$150,000
$100,000 1-2012
$100,000 1-2014
1-2016
1-2018
1-2020
1-2022
1-2012
1-2014
1-2016
1-2018
1-2020
1-2022
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point. Current as of May 5, 2022. All data from Montana Regional MLS. Report © 2022 ShowingTime.
Local Market Update – April 2022 A Research Tool Provided by Montana Regional MLS
Lake County Single-Family
April
Year to Date
Key Metrics
2021
2022
% Change
Thru 4-2021
Thru 4-2022
% Change
New Listings
51
52
+ 2.0%
142
130
- 8.5%
Pending Sales
43
28
- 34.9%
136
103
- 24.3%
Closed Sales
24
25
+ 4.2%
121
90
- 25.6%
Days on Market Until Sale
64
91
+ 42.2%
94
98
+ 4.3%
Median Sales Price*
$355,000
$600,000
+ 69.0%
$425,000
$522,500
+ 22.9%
Average Sales Price*
$455,604
$1,065,602
+ 133.9%
$555,702
$747,697
+ 34.5%
99.4%
102.0%
+ 2.6%
98.9%
100.9%
+ 2.0%
Inventory of Homes for Sale
61
66
+ 8.2%
––
––
––
Months Supply of Inventory
1.2
2.1
+ 75.0%
––
––
––
Percent of List Price Received*
Townhouse/Condo
April
Year to Date
Key Metrics
2021
2022
% Change
Thru 4-2021
Thru 4-2022
% Change
New Listings
3
4
+ 33.3%
5
11
+ 120.0%
Pending Sales
1
4
+ 300.0%
3
9
+ 200.0%
Closed Sales
0
3
––
1
5
+ 400.0%
Days on Market Until Sale
––
41
––
262
36
- 86.3%
Median Sales Price*
––
$330,000
––
$250,000
$525,000
+ 110.0%
Average Sales Price*
––
$342,333
––
$250,000
$516,300
+ 106.5%
Percent of List Price Received*
––
106.4%
––
96.2%
103.9%
+ 8.0%
Inventory of Homes for Sale
3
3
0.0%
––
––
––
Months Supply of Inventory
1.5
1.0
- 33.3%
––
––
––
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price - Single-Family
Median Sales Price - Townhouse/Condo
Rolling 12-Month Calculation
Rolling 12-Month Calculation
MRMLS Lake County
$600,000
MRMLS Lake County
$600,000
$500,000
$500,000
$400,000 $400,000 $300,000 $300,000 $200,000 $200,000
$100,000
$100,000 1-2012
$0 1-2014
1-2016
1-2018
1-2020
1-2022
1-2012
1-2014
1-2016
1-2018
1-2020
1-2022
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point. Current as of May 5, 2022. All data from Montana Regional MLS. Report © 2022 ShowingTime.