January 2025 Real Estate Market Report for Flathead County, Montana
As we embark on 2025, the Flathead County, Montana real estate market - encompassing Whitefish, Kalispell, Columbia Falls, Bigfork, and Lakeside - continues to exhibit dynamic trends. Here's an overview of the January 2025 real estate activity:
Market Overview
Inventory Levels: January 2025 saw a modest increase in available listings compared to the previous month, providing buyers with more options. However, inventory remains below the levels of a year ago, indicating sustained demand.
Sales Activity: The number of closed sales experienced a slight dip from December 2024, reflecting typical seasonal fluctuations. Despite this, the market remains active for this time of the year.
Median Sale Prices: Median sale prices have remained steady, with minor variations across different communities. Whitefish continues to lead with higher median prices, while areas like Columbia Falls and Bigfork offer more affordable options.
Real Estate Stats for January 2025
Flathead County:
82: Number of Closed Sales
$967,396: Average Sales Price
153: Average Days on Market
Whitefish maintains its status as a premium market with higher median sale prices, driven by its resort amenities and scenic appeal.
22: Number of Closed Sales
$1,725,318: Average Sales Price
169: Average Days on Market
Kalispell offers a diverse range of properties, from historic homes to new developments, attracting a broad spectrum of buyers.
36: Number of Closed Sales
$675,157: Average Sales Price
146: Average Days on Market
Columbia Falls presents more affordable housing options, appealing to first-time homebuyers and those seeking a quieter lifestyle.
12: Number of Closed Sales
$709,763: Average Sales Price
117: Average Days on Market
Bigfork’s unique blend of arts, culture, and natural beauty continues to attract buyers, with a steady demand for properties.
8: Number of Closed Sales
$911,695: Average Sales Price
200: Average Days on Market
Lakeside’s waterfront properties remain highly sought after, with limited inventory contributing to competitive market conditions.
2: Number of Closed Sales
$1,017,500: Average Sales Price
126: Average Days on Market
Market Outlook
Looking ahead, the Flathead County real estate market is expected to remain robust. While seasonal trends may influence activity, the area's natural beauty, recreational opportunities, and quality of life continue to drive demand.
How Does This Affect Sellers?
Sellers in Flathead County, including Whitefish, Kalispell, Columbia Falls, Bigfork, and Lakeside, can benefit from the current market trends. Despite slight seasonal fluctuations, demand for properties remains strong. With inventory still relatively low, sellers are in a favorable position to receive competitive offers, often multiple bids, for their homes. In particular, sellers in sought-after areas like Whitefish and Lakeside may see higher sale prices. However, they should be mindful that while the market is active, pricing too high can still lead to longer time on the market, especially in less premium locations.
How Does This Affect Buyers?
While there are more homes available than in previous months, inventory levels remain relatively low compared to last year. Areas like Whitefish and Lakeside may have limited inventory, especially for waterfront or luxury homes. Buyers should act quickly when they find a property they like. Additionally, rising prices in desirable areas may require buyers to be flexible and consider homes in neighboring communities like Columbia Falls or Bigfork for more affordable options.
Ready to Buy or Sell? Let’s Get Started.
Are you ready to take advantage of the current real estate market in Flathead County, Montana? Whether you're buying or selling, having an experienced, local Realtor by your side can make all the difference. I have the expertise to guide you through this market and help you achieve your real estate goals. Contact me today to discuss your options and get started on the path to success! Let's make your real estate dreams a reality!