Is Kalispell Southwest, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Kalispell Southwest was a Seller's Market.
Housing Prices in Kalispell Southwest, MT
How much do homes in Kalispell Southwest, MT cost?
Median Sold Price
$630,000
$386/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kalispell Southwest was $630,000 in April 2024, down 2.3% from last year, and the median price per square foot was $386.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $598.5K | +286.1% |
2 Bedrooms | $535K | $525K | -1.9% |
3 Bedrooms | $640K | $689.5K | +7.7% |
4 Bedrooms | $724.7K | $604K | -16.7% |
5+ Bedrooms | $1.4M | $535K | -63.4% |
Summary: Kalispell Southwest housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 286.1%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 63.4%.
Median Sold Price Compared To Nearby Cities
Kila | $630K | $682.5K | +8.3% |
Kalispell Southwest | $645K | $630K | -2.3% |
Lakeside-Somers | $798K | $707.5K | -11.3% |
Kalispell Northwest | $892K | $749.5K | -16.0% |
Housing Supply in Kalispell Southwest, MT
How many homes are available in Kalispell Southwest, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 28 | +27.3% |
Summary: The Kalispell Southwest real estate market had 28 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Kalispell Southwest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Kalispell Southwest in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 177 Days | +128.4% |
Summary: Homes in Kalispell Southwest had an average of 177 days on market in Apr 2024, up by 128.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Kalispell Southwest; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.