Kalispell, MT Real Estate News

By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
This report covers the residential land market in Kalispell Montana as of the end of March 2022. Land sales increased, properties under contract and available inventory remain relatively unchanged and the total value of land sold increased.   INVENTORYAs of early April, there were 46 residential land parcels for sale in Kalispell which is relatively flat with March's inventory of 49. That being said, it does indicate the eighth monthly decrease in a row. Inventory remains low.Five or more acresOf the land currently for sale, less than half 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 ...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Following is an overview of the Kalispell Montana real estate results for the residential market as of March 2022. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes.   The Kalispell residential market remains a strong sellers market.   Sales VolumeIn the month of March 2022, there were only 54 residential sales in Kalispell which is 54% less than last year and only 4 more than last month. There are currently 174 homes under contract, which is ~33% more than the same time last month. Demand remains high. More inventory would be helpful!  InventoryIn terms of available homes on the market, inventory is only slightly higher (5%) than last month with 120 properties for sale as indicated with the blue line in the ...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
This report covers the residential land market in Kalispell Montana as of the end of February 2022. Land sales decreased, properties under contract increased and the total value of land sold was slightly less than January.    INVENTORYAs of early March, there were 49 residential land parcels for sale in Kalispell which is 9% less than the previous month, the seventh monthly decrease in a row.   Five or more acresOf the land currently for sale, nearly half 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 often not located in a development, but by themselves, and provide p...
Comments 17
By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Following is an overview of the Kalispell Montana real estate results for the residential market as of February 2022. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes.   The Kalispell residential market remains a strong sellers market.   Sales VolumeIn the month of February 2022, there were only 50 residential sales in Kalispell which is 30% less than last year and 14% less than last month. There are currently 131 homes under contract, which is ~10% more than the same time last month. Sales do typically slow down in the winter months, so as the market seems to be behaving as usual.  InventoryIn terms of available homes on the market, inventory is the same as last month with 114 properties for sale (as indica...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
I recently received some interesting statistics that I thought I'd share with you. Many people in the Flathead Valley believe that all the real estate activity is a result of out-of-towners. And while there are definitely out-of-state buyers, it's interesting to see the specific details of exactly who is buying and selling in Kalispell and the entire Flathead Valley.In the month of January, 344 properties changed hands in Flathead Valley. These properties included land, single family homes, townhouses, condominiums and manufactured homes. Of those sales, 76.5% were conducted by local Montanans. Only 24% of the purchases were made by out of state buyers. This seems to refute the common thinking that all of the activity in the real estate market is caused by those moving into the area. Mu...
Comments 34
By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Wildlife is prevalent in the Kalispell, Montana area. I recently wrote about the thrill of watching both a healthy herd of elk and the always-present deer during the winter of 2021-2022. Another animal that we see a lot of here in the Flathead Valley are wild turkeys. Below is a quick video with some photos and videos of Kalispell turkeys.    And here is some miscellaneous information about wild turkeys.Background: Turkeys can be found waddling around many different areas of Flathead Valley. What makes this fact interesting is that turkeys are not native to Montana. The Montana Department of Fish and Game first introduced Merriam turkeys in the 1950s, starting with 13 birds (one adult male, four young males, five adult females and three young females). In the following year, 18 more wer...
Comments 35
By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
I recently wrote about the thrill of watching a healthy herd of elk during the winter of 2021-2022. They were such impressive animals and I just had to share. And then I was thinking about our deer, the white-tailed kind that are prevalent in my area of Kalispell Montana. They're less imposing creatures, but are more loyal, sticking around all year while the elk disappear all summer. So, they deserve some time as well! Here is a video of some of our deer sightings.  Below is some miscellaneous information about white-tailed deer:Lifespan: An average white tail deer lives approximately 4.5 years in the wild (per hikingandfishing.com). It's not surprising that it is a relatively short period. Not only do deer need to deal with deep snow, difficulty finding water and plants in winter, and ...
Comments 30
By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
During the winter of 2021-2022, we were lucky enough to be able to observe a herd of about 30 elk as they made their way around the neighborhood. Almost every morning, we'd see them cross our land as they meandered back into the woods where they'd spend the day. If we didn't actually see them, we'd see tracks that they must have left right before we came outside. I compiled the below video to share some of the elk sightings.  I also snuck in a few trail cam-summer photos as well.  Also, below is some miscellaneous information about elk: Bulls can reach 1,000 pounds and cows can weigh 500-600 pounds. The antlers of a bull elk alone could weigh 40 pounds! In the summer, elk typically live at higher elevations, but during the winter they often move lower where there is more grass or shrubs...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
This report covers the residential land market in Kalispell Montana as of the end of January 2022. Land sales increased slightly, properties under contract increased significantly and the total value of land sold was higher than in December. Demand for Kalispell Montana land is still strong.  INVENTORYAs of early February, there were 54 residential land parcels for sale in the Kalispell area which is 20% less than the previous month, the sixth decrease in a row.  Five or more acresOf the land currently for sale, half 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 often...
Comments 26
By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Following is an overview of the Kalispell Montana real estate results for the residential market as of January 2022. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes.   The Kalispell residential market remains a strong sellers market.   Sales VolumeIn the month of January 2022, there were only 58 residential sales in Kalispell which is 34% less than last year and 42% less than last month. Sales do typically slow down in December and January (last year wasn't typical), so as mentioned last month, the market seems to be behaving as usual. Interestingly enough, January of 2022 is very similar to January of 2020 (52 sales). Only time will tell whether we are starting to return to pre-pandemic levels.  InventoryI...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Whether you are interested in a small parcel of land in a subdivision with room for a home with attached garage, or a huge parcel of land with room for horses, multiple buildings and exploration, you can find it in Kalispell Montana. While inventory changes all the time, here is an overview of the largest and smallest parcels (by size) currently on the market. Smallest Land Parcel for Sale On the low end is a parcel of land that is slightly less than a fifth of an acre. It can be found in the Northland subdivision of Kalispell. The subdivision is located south of Four Mile Drive. This community includes sixty acres with parks and panoramic views and both established homes and newly constructed homes. Northland is convenient to the Kidsports complex, Logan Health Center, and all the shop...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
One of the questions most sellers ask is, "How long does it take to sell land in Kalispell?" They may be selling in order to take the funds and purchase in a different location or perhaps start a new chapter in their life. Either way, they want to know when they'll be able to move on. The answer, as with many real estate related questions is, "it depends." AveragesThe average time it took to sell Kalispell residential land in 2020 was 7.3 months, while the average for 2021 was 5.1 months. So the time to sell land has been on average decreasing. This is not a surprise with the recent desire of so many buyers for a piece of Montana. So does this mean someone selling a parcel of land can expect to have a check in their hands in five months? No, unfortunately it does not because it all depe...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Buyers of land in the Kalispell and Flathead Valley areas of Montana must research the road maintenance status of any property they wish to purchase. Unlike other areas of the United States, it would be incorrect to assume roads are maintained by the town, county or state, or that they are maintained at all.   When looking for Montana land to purchase, it's important to know what kind of road the property borders. The choices are city/town, county, or private (with or without an Home Owners Association).  The following identifies the differences each of those road types presents in terms of road maintenance.   City streetsIf you are looking for a parcel of land which happens to be in the city of Kalispell, the Kalispell Public Works department is responsible for maintaining roads and ta...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
This report covers the residential land market in Kalispell Montana as of the end of December 2021. Land sales remained relatively low, properties under contract increased slightly and the total value of land sold was slightly less in December. Sales might decrease as we move into the winter months, but buyers are still active!  INVENTORYAs of early January, there were 67 residential land parcels for sale in the Kalispell area which is 15% less than the previous month, the fifth decrease in a row.  Five or more acresOf the land currently for sale, slightly less than half 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 adjace...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Following is an overview of the Kalispell Montana real estate results for the residential market as of December 2021. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes.   The Kalispell residential market remains a strong sellers market.   Sales VolumeIn the month of December 2021, there were 100 residential sales in Kalispell which is 11% less than last year and 12% less than last month. There are currently 119 homes under contract, which is 28% fewer than last month. Sales do typically slow down in December and January, so the market seems to be behaving as usual.  As of the end of the year, there were 5% fewer sales in Kalispell than there were in 2020. If you look at the chart below, during the last six mo...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
The Flathead Valley Exchange Club is honored to be able to host the first ever Field of Honor® event in Kalispell MT. The Exchange Club assists local non-profits who focus on country (veterans), family and community mostly by volunteering and hosting fund raisers.  To that end, the Exchange Club is planning a Field of Honor® event from May 27th to May 30th 2022. Field of Honor® is an event that is held around the country, and is the brainchild of Colonial Flag Foundation (CFF).  The initial Healing Field® event began on the first anniversary of 9/11 when the founder of CFF wanted to hold a commemoration that acknowledged the magnitude of loss while still offering hope and healing. With only a week of planning, he set up a 3,000 flag display. Within two days, 200K visitors came to see th...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
More than 31 acres of gorgeous Montana land just sold! The property had privacy, views, road maintenance, multiple choices for building sites, and abutment to Montana State Land.  This parcel is part of the Granite Hill Estates, which is located in the western part of Kalispell. The covenants and HOA that cover the property are not onerous. They permit a home, guest houses, accessory buildings, garages and more. There are no specific restrictions on the numbers of animals and pets, as long as they meet county requirements. The only animals not allowed are pigs and swine. And the HOA does cover road maintenance, which is a huge advantage over other areas where this is not the case. The road comes up to the lowest elevation of the property. There are several options for building near the ...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Following is an overview of the Kalispell Montana real estate results for the residential market as of November 2021. This report covers the entire residential market, including single family homes, townhouses, condominiums and manufactured homes.  The Kalispell residential market remains a sellers market.  Sales VolumeIn the month of November 2021, there were 113 residential sales in Kalispell which is 6% less than last year and 21% more than last month. There are currently 165 homes under contract, which is 20% fewer than last month. Looked at another way, the sum of homes sold and homes pending (under contract) was 306 in October and 278 in November. That data point might suggest a slight softening of demand. As of the end of November 2021, there have been 5% fewer year-to-date sales...
Comments 25
By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
A beautiful parcel of Kalispell land on the east side of Flathead Valley just went under contract! Backups are being accepted. And as the song goes, on a clear day you can see forever!  If you owned this property, your day might start with a cup of coffee on your deck while you gaze at the beautiful Swan mountains that look as though they are in your backyard! Or you could look south to see the mountain ranges which include Blacktail Mountain or southwest towards the Mission Mountains. This nearly 21 acre parcel sits in the Flathead Valley. Access to the property is via a maintained county road, and there is also a private gravel road that traverses up the east side of the land. That road would be a perfect entrance to your future driveway which might sit on the north side of the land. ...
Comments 28
By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
This report covers the residential land market in Kalispell Montana as of the end of November 2021. Land sales and the number of active listings have decreased for the second month in a row. Properties under contract increased slightly as did the total value of land sold. Sales might decrease as we move into the winter months, but buyers are still active!  INVENTORYAs of early December, there were 79 residential land parcels for sale in the Kalispell area which is slightly less than the previous month, the fourth decrease in a row. Five or more acresOf the land currently for sale, more than half 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 farmin...
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