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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 (active listings and sales) in Kalispell Montana as of the end of October 2020. Similar to the housing market, land sales have been very strong.  InventoryAs of early November, there were 119 residential land parcels for sale in the Kalispell area, which is a 10% decrease from the previous month. Of the land currently for sale, 59 listings include five or more acres. While most of the land in Montana could be considered rural, I define rural as those properties in the 5+ acre category. Those are most likely to be parcels located on a gravel mountain road, or adjacent to National Forest or lumber parcels. They are often not located in a development, but by themselves, and provide privacy and multiple building and use options.  This month, th...
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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 October 2020. This report covers the entire residential market, which includes single family homes, townhouses, condominiums and manufactured homes.    The Kalispell residential market was incredibly hot this year. Activity is still very strong, but is starting to slow down a bit. See below for specifics. Sales VolumeIn the month of October 2020, there were 110 residential sales in Kalispell. That result is 16% higher than the same time last year, but a third lower than the previous month. As can be seen by the chart below, sales do typically slow down in the October period and stay relatively low for the next three or four months. Of course 2020 has been nothing you would call "typica...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Following is an overview of Bigfork Montana real estate results for the residential market as of October 2020. Similar to the Kalispell reports, this data includes single family homes, townhouses, condominiums and manufactured homes.    In October 2020, the number of sales and median prices remained strong. Following is an overview of the market. Sales VolumeIn the month of October 2020, there were 39 residential sales which was 34% more than the previous year and 26% less than September 2020. As you can see from the chart below, sales do typically start to drop off during Autumn, so the lower number of sales is no surprise.  So far this year there have been a total of 291 residential sales which reflects a 40% increase over 2019's year-to-date sales. 2020 has been a very strong year fo...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
In this edition of The HouseKat Presents, I had the pleasure to speak with Jon Crandall, owner of Flathead Chimney & Dryer Vent Cleaning Services. Check out the video, and then see below for additional information.   I met Jon Crandall earlier this year when we were looking for someone to clean out the wood stove chimney at our home. We'd only used it one season, but thought it might need a good cleaning since much of the wood we use is from our forest. Which means it's mostly conifer (pine). We figured there was a good chance we had a lot of creosote buildup in our chimney.  So we scheduled an appointment with Jon for a few days later. Jon was on time and efficient, as well as pleasant and kind. All good attributes! We talked briefly after he was done with the job. I was under the assu...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
When you dream about building your dream home in Kalispell or any area of the Flathead Valley in Montana, what runs through your mind? Do you want to be secluded from your neighbors? Would you like room to roam? Do you want to make dog or hiking paths? Will you need room for a shop or two? What about a garden? Do you need to furnish your own firewood? If yes, you're not alone in your dreams! Many buyers considering purchasing land in Northwestern Montana have already thought through these questions. And the answer is different for everyone. Some buyers would be happy with a tenth of an acre in a popular Kalispell development. Some might want to be right next to their neighbors in the center of town, close to everything. And there are plenty of options for those buyers. But then there ar...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
In this edition of The HouseKat Presents, I had the pleasure to speak with Bob Helder, Executive Director of Habitat for Humanity of Flathead Valley. Check out the video, and then see below for additional information.    ReStore SalesBob mentioned the ReStore in the above video. If you've driven by the store (now located at 2535 Hwy 93 South in Kalispell) but never stopped by, you should! Why? If you need anything for your home, you can probably purchase it here. For example, are you remodeling a room and need new ceiling lights, wall sconces, or floor lamps? Would you like to change your living room furniture or decor? Do you need a dining room table? Chairs? Perhaps you're redoing your outlets or outlet face plates, or maybe you're painting your home. Or you might be missing one cabin...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
This report covers the residential land market (active listings and sales) in Kalispell Montana as of the end of September 2020. Similar to the housing market, land sales have been very strong.  InventoryAs of mid-October, there were 133 residential land parcels for sale in the Kalispell area, which is a 6% decrease from the previous month. Of the currently available listings, slightly more than half (69) are located in one of Kalispell's residential developments. Some of the developments with available land are Aspen Creek, Buffalo Mountain, Fox Hill Estates, Harvest View, Sweetgrass Ranch, West View Estates and Whitefish River Trails.  In general (although not always), parcels in developments are typically an acre or two at the most in terms of size, are operated by an HOA, and includ...
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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 September 2020. This report covers the entire residential market, which includes single family homes, townhouses, condominiums and manufactured homes.    Is Holy Moly an appropriate and professional comment to make about a market report? Maybe not, but that's what I'm going to say about the September 2020 sales for Kalispell, Montana. Holy Moly!  Following is an overview. Sales VolumeIn the month of September 2020, there were 173 residential sales in Kalispell which sets yet another record for the area. Specifically, 173 was 62% more than the same time last year, and 20% more than August 2020.  This summer (and now early Fall) has definitely been booming in terms of sales. In the June ...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Your newly built home on the land of your dreams is getting closer to reality! You’ve decided what town you’d like to live in and you’ve been perusing the listings. You’ve made contact with your buyer agent (in Kalispell hopefully that’s me!) and you are in your four-wheel drive on your way to look at properties. While you are walking the land, make sure you are aware of the costs that might take a specific parcel out of the running. You can build a home just about anywhere. A steep mountainside? Sure! Bedrock at the surface? Yes! A windy mountaintop? Ditto! A mile from the road? That’s doable also. Sandy soil? Sure!  That being said, the more difficult a parcel is to build on, the more it will cost. For most buyers, the money to do those things might not be available. If you will have ...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Do you dream of owning a piece of Montana paradise? Do you want to go looking for the perfect land parcel? Have you found a real estate broker who will walk the land with you? Did you pick out a few land listings that you want to know better? Do you have to know anything before you go? Yes!  Here are some tips if you are planning to walk the land. Looking at land can be slightly different than looking at homes. Depending on the size and location, you might need a few more preparations. Here are just a few thoughts from a land-loving broker that might help your land hunting experience go smoother.   Land in subdivision/developmentThere isn't too much to do differently when looking at land in a subdivision than you would do if looking for a home. Except footwear. Even if the land parcel i...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Kalispell's Salish mountain area is home to soft mountain tops, rolling hills, lakes and beautiful valleys. Many homes on the western side of Kalispell often have views of those attributes. It is in this area where Buffalo Mountain subdivision is located. It can be found about 5 miles west off of route 2.    As of the time of this writing in September 2020, homes are still being built in the Buffalo Mountain subdivision. When completed, the development will include 36 homes along Walking Coyote Drive and Bison Circle Drive. The parcels that are still available range in size from ~1/2 acre to 1.7 acres. There are currently only ~six parcels left to purchase, and list prices range from $85K to $140K. In terms of options for building homes, land owners can use Westcraft Homes, the on-site ...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Similar to the residential housing market in Kalispell, land has been selling at a record pace during the summer of 2020. Many buyers wonder what kind of options are available if they decide to purchase land and build a future home, rather than to purchase an already-built home. This post will focus on current land inventory options, as well as recent sales results.  InventoryAs of mid-September, there were 196 land parcels for sale in the Kalispell area. However, 55 of those were commercial listings, leaving 141 residential listings. This post will address the residential market only.  Of the currently available listings, approximately half (69) are located in one of Kalispell's residential developments. Some of the developments with available land are Aspen Creek, Buffalo Mountain, Co...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
As an SRES® REALTOR®, I have access to monthly National Association of REALTORS® newsletters aimed at the senior citizen community (50+). The September 2020 consumer newsletter focuses on decluttering and organization, not only to make life more organized on a day to day basis, but with an eye towards legacy and future housing changes. An interesting note from the newsletter - did you know we spend the equivalent of 2.5 days per year looking for lost objects? Our glasses (oh, they're on my head!), the remote, the mail, etc. Staying organized could get us a few extra days a year!  Other interesting tidbits for the month:  I have seen many reviews of "best" states for retiring. I found it interesting to see the McKnight's Senior Living publication rated my state of Montana is #5 in terms ...
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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 August 2020. This report covers the entire residential market, which includes single family homes, townhouses, condominiums and manufactured homes.    August 2020 sales and median prices for Kalispell, Montana remain extremely robust. Following is an overview. Sales VolumeIn the month of August 2020, there were 144 residential sales in Kalispell which was 50% more than the same time last year, and basically the same level as July 2020. This summer has definitely been booming in terms of sales. In the June through August period of 2020, 412 homes were sold. During the same period last year, there were 309 homes sold, which reflects a 33% increase in volume!  In terms of homes under cont...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
What better way to highlight all the wonderful businesses in Kalispell and the entire Flathead Valley than to speak with them? That is the thought process behind my new “The House Kat Presents” series. I plan to meet with different businesses in the area and ask them to share important, timely and helpful information with you. While many of the featured businesses will be focused on services useful to home owners or home sellers, I will also include some general topics that may be helpful to everyone. To that end, in this first edition of “The HouseKat Presents," I am thrilled to highlight Dean Giem, president of Paradox Insurance Agency. Dean lives in and services the entire Flathead Valley, and he is also licensed to provide services to all of Montana.  Why did I start with Dean? What...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Following is an overview of Bigfork Montana real estate results for the residential market as of July 2020. Similar to the Kalispell reports, this data includes single family homes, townhouses, condominiums and manufactured homes.    In June 2020, the number of sales and median prices in Bigfork Montana increased. Following is an overview of the market. Sales VolumeSimilar to the Kalispell area, in the month of July 2020, Bigfork saw a large increase in sales. During July, there were 43 residential sales in Bigfork which was 153% more than the previous year and 65% more than June 2020. This is great news for Bigfork.  So far this year there have been a total of 146 residential sales. This was a 36% increase over 2019's year-to-date sales of 107.   InventoryIn terms of inventory, there a...
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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 July 2020. This report covers the entire residential market, which includes single family homes, townhouses, condominiums and manufactured homes.    July 2020 sales and median prices for Kalispell, Montana were extremely healthy. Following is an overview. Sales VolumeIn the month of July 2020, there were 146 residential sales in Kalispell which was 24% more than the same time last year, and 20% more than June 2020. I can safely say that 146 sales is the highest number of sales since.. well, ever. I reviewed sales records for the Kalispell area going back to the 1990s and we have never sold this many homes in one month. Sales volumes are booming.  Also of note, so far in 2020 there have...
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
The Flathead National Forest contains 2.4 million acres of land in Montana, much of which is open to exploration. The forest spans a huge area in all four directions from Kalispell and Flathead Lake. Besides opportunities to camp, fish and boat, there are more than 2,500 miles of hiking trails. There are also forest service roads that are open to hiking. We chose one of those this past weekend.   If you are in the mood for hiking, you don't have to hike on an "official" trail in the Flathead National Forest. You can also choose to walk on an unmarked forest service road where no trailheads are evident. A few days ago, we drove 4.6 miles up Patrick Creek Road, a dirt mountain road, until we arrived at a forest service road on the left. If you're going there, it's just a road with a gate....
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By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
Stoneridge is a development on the western side of Kalispell, located about a half mile from the beginning of Foys Lake Road. The homes are bordered on the north by Ashley Creek, and the development includes a one-acre park.  The two streets in the development, Stoneridge Place and Stoneridge Drive are only a ten minute drive from the center of Kalispell. They are also the same distance to all stores and restaurants in the northern part of town as well as to Kalispell Regional Medical Center and the Flathead Valley Community College. In terms of enjoying the great outdoors, the community is only a mile and a half from Foy's Lake, two miles from Lone Pine State Park and about three from Herron Park. The development includes 37 homes, with the first built in 2004. Most of the homes were b...
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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 June 2020. This report covers the entire residential market, which includes single family homes, townhouses, condominiums and manufactured homes.     In June 2020, Kalispell Montana sales and median prices remained healthy. Following is an overview. Sales VolumeIn the month of June 2020, there were 122 residential sales in Kalispell which was 28% more than the same time last year, and 56% more than May 2020. There may have been sellers who held off putting their homes on the market until June 2020 when coronavirus restrictions lessened. However, it may just be that there are more people moving into (or around) the area this year. So far in 2020, there have been 475 residential sales in...
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