All About Montana Real Estate

By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
This report covers the residential land market in Kalispell Montana as of the end of October 2022. Land sales continue to remain low and available inventory continues to increase. The residential land market in Kalispell has slowed from the robustness of the last few years.   INVENTORYAs of early November, there were 184 residential land parcels for sale in Kalispell which is essential flat compared with October's inventory of 183. Although a gain of one is very small, it is still the seventh month in a row of increasing inventory.Five or more acresOf the land currently for sale 33% of the listings include five or more acres. I define rural as those properties in the 5+ acre category. Those are most likely to be parcels located on a gravel mountain road, agricultural farming land, or ac...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
Following is an overview of the Kalispell Montana real estate results for the residential market as of October 2022. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes.    The Kalispell residential market remains on the cusp of a balanced market. Sales VolumeIn the month of October 2022, there were 69 residential sales in Kalispell which is 27% less than the same time last year and 12% less than last month. The lower number of sales could be attributed to buyers holding off on making purchases at this time due to economic challenges.             InventoryIn terms of available homes on the market, inventory had seen significant upward movement since early this year. The number of homes on the market dropped in ...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
If you're looking to purchase land in Kalispell or anywhere in Flathead Valley of Montana, there are many things you should consider before making a decision. Some of the considerations follow: Usage:What are you going to use the land for? This answer will determine where to look. For example, do you want a parcel of forested land to use for hunting? Or would you want to build a single family home and garage? What about a main home and some guest houses? A shop? Will you be raising livestock? Do you dream of land with a lake for fishing? Do you want to start a neighborhood vegetable farm? Will you want a horse ranch, with stables and training tracks for your horses? Or would you like to walk out your back door into a National Forest for hiking? Once you know how you want to use the land...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
This report covers the residential land market in Kalispell Montana as of the end of September 2022. Land sales continue to remain low and available inventory continues to increase. The residential land market in Kalispell has slowed from the robustness of the last few years.  INVENTORYAs of early October, there were 183 residential land parcels for sale in Kalispell which is 6% more than August's inventory of 173. It is the sixth month in a row of increasing inventory.Five or more acresOf the land currently for sale ~34% of the listings include five or more acres. I define rural as those properties in the 5+ acre category. Those are most likely to be parcels located on a gravel mountain road, agricultural farming land, or acreage adjacent to National Forest or lumber parcels. They are ...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
Following is an overview of the Kalispell Montana real estate results for the residential market as of September 2022. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes. The Kalispell residential market remains on the cusp of a balanced market. Sales VolumeIn the month of September 2022, there were 78 residential sales in Kalispell which is 21% less than the same time last year and 27% less than last month. Inventory levels have risen since early this year and the number of homes under contract is relatively flat. The lower number of sales could be attributed to buyers holding off on making a purchase at this time.  InventoryIn terms of available homes on the market, inventory has seen significant upward move...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
Would you like to know what living in the Kalispell Montana area is like? Have you been wondering whether there is fishing, hunting, or hiking? Do you want to know what types of subdivisions are available or perhaps what is currently on the market? Are you wondering where to grocery shop, recycle, or catch up on your news? What about the weather?If you answered "yes" to any of those questions, you may wish to check out my Kalispell MT community information. The page was updated in September 2022 to reflect most the most recent information and links.If there's anything you would like to know that is not specifically discussed in the Kalispell community page, please contact me at 406-270-3667 or kat@thehousekat.com.  I would be happy to update as needed!
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
This home with nearly six acres of land at 753 Mooring Road in Columbia Falls MT just sold! The listing read as follows: Are you dreaming of living in a home that is nestled near the woods with views of a pond from your windows, and views of mountains from your property? Would you like a covered patio and gazebo for entertaining and relaxing, with a fenced-in area for your vegetable or flower garden? If yes, this Columbia Falls home could be the perfect one for you! The inside includes an owner's suite with jacuzzi, shower and walk-in closet, two additional bedrooms, a spacious kitchen with breakfast nook and pantry, dining room, built-in linen closets, air conditioning, vaulted ceilings and wood stove. Outside includes a firewood shed full of firewood, carports for your vehicle and RV ...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
Following is an overview of the Kalispell Montana real estate results for the residential market as of August 2022. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes.   The Kalispell residential market remains on the cusp of a balanced market. Sales VolumeIn the month of August 2022, there were 107 residential sales in Kalispell which is 15% more than last year and 22% more than last month. The increasing number of sales may be due to the lower sale prices. See the "median sales price" section of this report for more information on prices.      Inventory In terms of available homes on the market, inventory has seen significant upward movement since early this year. The early September listings of 317 are just...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
This report covers the residential land market in Kalispell Montana as of the end of August 2022. For the fourth month in a row, land sales decreased. Available inventory continues to increase. The residential land market in Kalispell has slowed from the robustness of the last few years.  INVENTORYAs of early September, there were 173 residential land parcels for sale in Kalispell which is 7% more than August's inventory of 162. It is the fifth month in a row of increasing inventory.Five or more acresOf the land currently for sale ~36% of the listings include five or more acres. I define rural as those properties in the 5+ acre category. Those are most likely to be parcels located on a gravel mountain road, agricultural farming land, or acreage adjacent to National Forest or lumber parc...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
What else would hikers want to do but to make sure they were able to experience the highest peak in the hiking-only Jewel Basin area of NW Montana? Mount Aeneas has that distinction with its 7,528 foot altitude. And what better time of year to do that hike than in August when the snow (most of it) has melted, the sun is shining, and the path is clear? We headed out early on a workday for the trip to the trailhead. If you've never been to the Camp Misery trailhead, that can be an experience all by itself! You will need to take Jewel Basin Road (No. 5392) for about 7 miles. The road is a relatively narrow sometimes windy and washboard-y gravel road that has a few areas with drop-offs and no guard rails. Put that together with a bunch of blind corners, and you could have a recipe for disas...
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By Jeff Fisher, PUREWEST REAL ESTATE/Christies
(PureWest Real Estate)
What Realtors need to know about Millennials  FACT: Nearly half of Millennials (now between the ages of 20 and 37) live in suburbs.FACT: New Home Inventory is low… very low. However, builders are trying to find a way to increase construction of new, entry-level homes to accommodate the growing need. This is good news as would-be buyers have been frustrated in their search for a home that meets their needs  – and their budget.FACT: A large portion of Millennials – slightly less than half – are already purchasing their second or third homes. (Wow!)Working with Millennial buyersFirst, communication is key.Millennials are well connected and have a large network. Their neighbor, relative or friend of a friend likely knows (or is) a real estate agent.However, they value key components and are...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
Foy's Lake is located in Kalispell Montana near the entrance to Lone Pine Park west of town. It's a small lake, only about a mile long and 1/2 mile wide, covering 241 acres. It's stocked with fish on a regular basis. Foy's Lake is shallow towards the edges and gets to about 120' deep in the middle.That makes it perfect for exploring by canoe!To get into the water, you can use the boat ramp to back down, or you could park in the parking lot and walk the canoe down; it's not a long walk. If you decide to canoe around the edges of the lake in a big circle, just pick a direction and get started. There are plenty of homes around the outside that you could check out, or you could keep an eye out for the turtles or jumping fish. If you do a nice leisurely trip around the perimeter, it will tak...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
A home with nearly six acres of land just went under contract in Columbia Falls, Montana. The buyer is selling a home, though, and there is a clause in place that would allow a backup offer without a home sale an opportunity to purchase. The listing reads as follows: Are you dreaming of living in a home that is nestled near the woods with views of a pond from your windows, and views of mountains from your property? Would you like a covered patio and gazebo for entertaining and relaxing, with a fenced-in area for your vegetable or flower garden? If yes, this Columbia Falls home could be the perfect one for you! The inside includes an owner's suite with jacuzzi, shower and walk-in closet, two additional bedrooms, a spacious kitchen with breakfast nook and pantry, dining room, built-in lin...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
This report covers the residential land market in Kalispell Montana as of the end of July 2022. Similar to last month, land sales and properties under contract decreased and available inventory increased significantly. The residential land market in Kalispell is moving towards a more balanced market where neither buyers nor sellers have the upper hand.  INVENTORYAs of early August, there were 162 residential land parcels for sale in Kalispell which is 72% more than July's inventory of 94. It is a significant increase and is the fourth month in a row of more inventory. Of note, much of the increase was related to two new developments. Starling Community introduced 10 parcels of .1-.3 acre lots to the market. And Holbrook Estates added 40 one to two acre parcels for sale. So 50 of the 162...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
Following is an overview of the Kalispell Montana real estate results for the residential market as of July 2022. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes.   The Kalispell residential market continues to move towards a balanced market. Sales VolumeIn the month of July 2022, there were 88 residential sales in Kalispell which is slightly more than last month but 32% less than last year. With one exception, every month this year has had lower sales than last year. Buyer demand has softened.    InventoryIn terms of available homes on the market, inventory has seen significant upward movement. As of the beginning of August, there are 10% more homes on the market than there were in early July and 170% more...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
In early summer 2022, we headed to Glacier National Park to explore a different hiking trail. This time we chose the Trout Lake trail. Here's an overview of our experience.The Trout Lake trailhead is found on the north end of Lake McDonald. Once you pass the entrance to the Lake McDonald Lodge, you'll go a little further and turn left on North Shore Lake McDonald Road. You go over a small one lane bridge, pass the parking area and continue on for approximately another 1/2 mile. There is a small pull-over parking spot that can fit perhaps four or five cars. The road is narrow. Once you park, you'll see a small sign that says "Trout Lake" as seen in the photo shown here.We headed up the trail. The first 2.5 miles are uphill, gaining approximately 2,000 feet in elevation. What was very int...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
A beautiful 26 acre parcel of Lower Valley Road land in the valley of Kalispell Montana just sold!  This property currently has a legal address of NHN (No House Number) MT Highway 82, but it's actually located about a quarter mile north on Lower Valley Road. With 800 feet of paved county road frontage, it's a very easy-to-access parcel in the middle of the valley between Bigfork and Kalispell. The property should have an official address soon as the new owners start their work on making the property theirs! Less than an hour after this property hit the market, calls started coming, and within a few days a buyer had connected with the property. Unfortunately that buyer decided to move on when his investigation determined he could not divide the land into as many parcels as he had hoped. ...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
If you are interested in the Columbia Falls area, and are also thinking of investing, 320 Mountain Avenue might be of interest.First, what's so great about Columbia Falls? Columbia Falls is a town of about 5,000 residents that is close to everything the Flathead Valley has to offer. It's less than 20 miles to Glacier National Park, Kalispell and Whitefish skiing. It's only a mile from a Water Slide Amusement Park and Flathead River fishing access. Columbia Falls is also close to Bigfork, Flathead Lake, golf and tons of hiking.And now, what's so great about this particular property? The answer to that question is existing and potential income! 320 Mountain Avenue comes with a four bedroom, two bath manufactured home with a fenced backyard. The home was built in 2002, and has been recentl...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
This report covers the residential land market in Kalispell Montana as of the end of June 2022. Similar to last month, land sales and properties under contract decreased and available inventory increased. The residential land market in Kalispell may be moving towards a more balanced market where neither buyers nor sellers have the upper hand.  INVENTORYAs of early July, there were 94 residential land parcels for sale in Kalispell which is 27% more than June's inventory of 74. It is a significant increase and is the third month in a row of more inventory. Five or more acresOf the land currently for sale ~60% of the listings include five or more acres. I define rural as those properties in the 5+ acre category. Those are most likely to be parcels located on a gravel mountain road, agricul...
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By Kat Palmiotti, Helping your Montana dreams take root
(406-270-3667, kat@thehousekat.com, Broker/REALTOR®)
Following is an overview of the Kalispell Montana real estate results for the residential market as of June 2022. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes.   The Kalispell residential market remains a sellers market, but the market is shifting. Sales VolumeIn the month of June 2022, there were 80 residential sales in Kalispell which is 39% less than last year and 17% less than last month. With one exception, every month this year has had lower sales than last year. There may be multiple reasons including interest rates changes, but it does appear that buyer demand may be softening.    InventoryIn terms of available homes on the market, inventory has seen significant upward movement. As of the beginni...
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