$319,000
2.98 Acres
Land
Joel Vessie, Listing Office: Glacier Real Estate of Montana
Is Kalispell Southwest, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Kalispell Southwest has remained a Seller's Market.
Key Takeaway
Kalispell Southwest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kalispell Southwest, MT
How much do homes in Kalispell Southwest, MT cost?
Median Sold Price
$690,000
$401/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$90,000(+15.0%)
Key Takeaway
Homes in Kalispell Southwest have sold for 15% more than they did a year ago.
Summary: The median home sold price in Kalispell Southwest was $690,000 in October 2024, up 15% from last year, and the median price per square foot was $401.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $510.5K | $430K | -15.8% |
| 2 Bedrooms | $535K | $594.9K | +11.2% |
| 3 Bedrooms | $594K | $699K | +17.7% |
| 4 Bedrooms | $624.5K | $1.0M | +62.1% |
| 5+ Bedrooms | $707.5K | $887.5K | +25.4% |
Summary: Kalispell Southwest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 62.1%, and 5+ bedroom homes increased by 25.4%.
Median Sold Price Compared To Nearby Cities
| Kila | $593.5K | $820K | +38.2% |
| Kalispell Northwest | $735K | $880K | +19.7% |
| Lakeside-Somers | $722K | $835K | +15.7% |
| Kalispell Southwest | $600K | $690K | +15.0% |
Housing Supply in Kalispell Southwest, MT
How many homes are available in Kalispell Southwest, MT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Summary: The Kalispell Southwest real estate market had 30 homes for sale in October 2024, a 9.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Kalispell Southwest housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kalispell Southwest, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Kalispell Southwest in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Kalispell Southwest, MT
How long does it take to sell a home in Kalispell Southwest, MT?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 192 Days | 119 Days | -37.9% |
Summary: Homes in Kalispell Southwest had an average of 119 days on market in Oct 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Kalispell Southwest are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Kalispell Southwest; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.