Kalispell Real Estate Market - November 2019

By
Real Estate Broker/Owner with 406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty RRE-BRO-LIC-75443

Following is an overview of the Kalispell Montana real estate results for the residential market as of November 2019. This report covers the entire residential market, which includes single family homes, townhouses, condominiums and manufactured homes. In summary, sales and median prices were both higher than the same time last year. See below for more information.

 

During 2019, sales have remained healthy and median prices continue to be higher than 2018 - in every month so far this year.

 

Following is an overview of the November 2019 Kalispell results.

 
Sales Volume

In the month of November 2019, there were 87 residential sales which was 36% higher than the same month last year and only 8 less than October of 2019. As you can tell from the chart below, sales in the area do tend to start out lower at the beginning of the year, surge to a high in June or July and then hit lower levels in the later months. This year appears to be no different!

 

As mentioned in last month's report, if you are considering selling in the winter, even the "slow" months have a significant amount of homes sold. There are currently more than 100 homes under contract which reiterates that area homes are definitely still selling, even in November!

Kalispell Real Estate Market
 
Inventory

In terms of inventory, there are currently 270 residential homes on the market, slightly less than last month. Ten are condominiums, twenty-eight are townhouses, eleven are manufactured homes and the rest are single family homes. In the last twelve months, 987 residential homes sold in Kalispell which means there is slightly more than three months of inventory currently available. In my book, three months of inventory means the Kalispell area is currently experiencing a sellers market. Homes that are prepared and priced properly are selling!

 
Median Sales Prices

The median sales price for November 2019 was $302,500, which was 8% higher than the same time last year, and 8% lower than last month. Sales prices have been higher when comparing each month this year with the same month last year, a positive trend for sellers. The residential sales results are heavily weighted towards single family homes, which made up 87% of homes sold in November. Nine percent were townhouses, and the rest were condominiums and manufactured homes.

 
Type of homes being sold

To get an idea of the types of homes that are selling in Kalispell, the lowest priced home sold in November was a three-bedroom, one-bath, one-story fixer-upper. It sold for just over $100K. The most expensive home that sold in November had four bedrooms, three baths and nearly 8,000 square feet of living space. The home included more than 50 acres of land, a pond, views, a stone fireplace, gourmet kitchen and more. This property sold for close to $2M.

 

One of the interesting things about the area is the ability to find whatever you might be looking for. Kalispell has brand new four bedroom homes, off-the-grid cabins and everything in between!

 

Summary

The residential real estate market in Kalispell Montana is definitely healthy and strong. If you have any specific questions about Kalispell or any other part of the Flathead Valley, feel free to contact me. And if you need help selling or finding that perfect new home to purchase, I can be reached at 406-270-3667. Enjoy your month!

 

For more information on Kalispell, Montana, feel free to read this overview!

 

Previous Kalispell MT market reports can be found here.

 

Originally published at thehousekat.com.

Posted by

 

Kat Palmiotti, The House Kat

Licensed Broker, CBR®

 

Blackstone Realty Group - brokered by eXp

P.O. Box 10458

Kalispell, MT 59904

 

eXp Realty - New York

 

email: kat@thehousekat.com

www.thehousekat.com

 

406-270-3667 (MT) and 914-419-0270 (NY)

 

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Rainmaker
2,147,102
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

In sum, if Kalispell has you under the spell to buy new or pre-existing homes in Montana, regardless of size, age, new construction, or type of dwelling (even tiny houses) the best agent to contact is Kat Palmiotti, resident of Kalispell.  

Dec 04, 2019 12:46 PM #4
Rainmaker
4,741,774
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Kat,

What a nice report, and I enjoyed the way you have it orgarnized.  Wishing you great success in selling Kalispell.  A

Dec 04, 2019 01:09 PM #5
Rainer
16,796
Lisa Weiler
PM LLC - Los Angeles, CA
Interior Design Expert & Home Stager

This is a nice report. My family likes spending time in Montana during the summer.

Dec 04, 2019 02:00 PM #6
Rainmaker
617,666
Sara Wagner
The Woodland Companies - Adams, WI
Stevens Point Rentals

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Sara 😊

 

Dec 05, 2019 12:38 AM #7
Rainmaker
2,090,715
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Kat Palmiotti - I am really impressed with your market.  It sounds like the place to live.  I am sure you are loving it.

Dec 05, 2019 07:51 AM #8
Rainmaker
3,555,138
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Kat - regardless of the time of year, it appears "opportunity" is an appropriate word to describe the Kalispell real estate market.  Fullfilling lots of dreams, offering abundant opportunites and offering many different possibilities.  

Dec 05, 2019 11:11 AM #9
Rainmaker
1,530,241
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Anna Banana Kruchten CRB, CRS - Maybe you'll have to come back some day!

Thank you Patricia Feager, MBA, CRS, GRI,MRP - you are too kind!

Ron and Alexandra Seigel - Thank you! I appreciate your comment.

 

Dec 06, 2019 02:57 AM #10
Rainmaker
1,530,241
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Lisa Weiler - Summers in Montana are fantastic!

Thank you Sara Wagner .

Good morning Grant Schneider - I certainly am!

Yes, Michael Jacobs - homes are selling all year round in Kalispell!

Dec 06, 2019 02:58 AM #11
Rainmaker
3,350,927
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Job Kat getting into what the market is doing in Montana.  Hope you hav not had much snow yet.

 

Dec 06, 2019 07:35 AM #12
Rainmaker
3,327,950
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Healthy market in your new home...have at it !

Dec 07, 2019 04:57 AM #13
Rainmaker
1,530,241
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Hi Will Hamm . The ground is still grassy!

Sally K. & David L. Hanson - Thank you very much! Have a great Sunday.

Dec 08, 2019 03:02 AM #14
Ambassador
3,614,794
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Contact Kat Palmiotti for all of your Kalispell real estate needs. Wonderful Kalispell real estate market report - love the graphics, Kat. 

Dec 08, 2019 08:38 PM #15
Rainmaker
3,297,226
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Nice way to get the word out on the Kalispell Real Estate market. Both buyers and sellers will appreciate this easy to understand report!

Dec 10, 2019 03:59 AM #16
Rainmaker
1,530,241
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Thank you Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 - I appreciate your comment!

Dec 10, 2019 05:22 AM #17
Ambassador
1,981,317
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

I'm sure you're going to be a great success story in the Kalispell real estate market. Your enthusiasm for the area, coupled with your knowledge of the local market is going to result in stellar results. 

Dec 10, 2019 07:08 AM #18
Rainmaker
1,530,241
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Thank you so much for your kind words, Debb Janes EcoBroker and Bernie Stea JD !  I really do love this place, and am having a blast exploring.

Dec 10, 2019 11:15 AM #19
Rainmaker
2,147,102
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Good Morning my Kalispell Friend!

I noticed it's a cool 32 degrees this morning in Flower Mound, 14 degrees in Wisconsin where my son lives, 39 degrees where my daughter lives, and 26 degrees where you live and snowing too!  I guess my son is colder than all of us!

I hope you're as snug as a beautiful red Lady bug enjoying a good cup of coffee while you plan to seize the day. Make a wish on each new snow flake and may you have a have a fun and exciting dy!

Dec 11, 2019 05:12 AM #21
Rainmaker
1,530,241
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Good morning Patricia Feager, MBA, CRS, GRI,MRP ! Just a dusting of snow this morning, which is good. We don't want much snow now - it'll get in the way of the contractors finishing our new home! We are getting our Internet hooked up today - one step closer! Have a great day!

Dec 11, 2019 05:54 AM #22
Rainmaker
4,269,397
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kat, so nice to see you have the real estate market in Kalispell in your palm now!  

Dec 21, 2019 10:17 AM #23
Rainmaker
1,530,241
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Thank you Joan Cox - I'm finding out all sorts of interesting things!

Dec 22, 2019 05:15 AM #24
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