A Tale of Two Montana Winters 👀

Published: Wed, 02/10/21

What Happened in our Market in 2020?

Scott's extensive year end video (Watch Below) breaks down all the numbers you need to know for Flathead and Lake Counties and our local waterfront properties. Cited below, for your convenience, are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to skip to topics that interest you most:

    0:40- Residential and vacant land sales numbers for 2020
    2:15- Flathead Lake sales numbers for homes and vacant land
    6:00- Sales numbers for Flathead Lake condos
    7:00- Full recap of Echo Lk, Lake Blaine, Lake of the Woods sales

9:30- Swan Lake’s sales numbers
11:15- A recap of sales for Ashley, Bitterroot, McGregor and Foys Lakes
15:15- Wrapping things up

If you have further questions about the numbers mentioned in the video below or anything else related to real estate, don’t hesitate to reach out via phone or email.

The Hollinger Team
Scott, Diana, Kellie, Drew and Dane
406-837-5531

Live The Lake Life on Echo Lake!

1123 Blackies Bay Rd - Bigfork, MT

$2,500,000

290' Echo Lake Frontage

5 Bedrooms / 5 Bathrooms

Escape in paradise as you enjoy Echo Lake's serenity and scenery that comes with this ideal retreat. This lakefront home in Montana was classically designed for big gatherings with a warm and welcoming environment, garages for all your toys, and a generator for peace of mind. It is the perfect investment to share with generations.

Call Scott Hollinger
406-837-5531

Finley Point Lake View Home

34880 Snowberry Lane,

Flathead Lake/Polson, MT

$898,000

2,224 sf
3 Bed / 2 Bath

On a clear day you really can see for miles and miles - all the way to Glacier National Park! Located on a hillside in the private and prestigious Borchers neighborhood, this lake view home offers magnificent views with waterfront access through a common waterfront with boat launch, swim dock, and boat slips for rent. Plus, a path to the beach and hot spot for fishing, too!

Call Scott Hollinger
406-837-5531

See More Montana Homes, Waterfront, Land, and Ranches for Sale

New Conservation Easement is Largest Ever on Whitefish Lake

According to a recent story in the Flathead Lake Beacon, the sixth generation of the Collins family entered into the voluntary conservation easement with the Montana Land Reliance "as a means to protect both the property’s natural values — it provides key fish and wildlife habitat and serves as a popular migratory corridor to a variety of critters — and its scenic values, preserving a view shed that is highly visible from Whitefish Lake and the surrounding mountains, including Big Mountain."

Read the Whole Story Here

"The Tale of Two Winters"

The world certainly is different from one year ago and the real estate market is no exception! Of note is that while we usually see a lull in activity over the Halloween through Christmas seasons it did not happen in 2020. There was an increase in closings in January which means that with the typical 30-60 day closing timeframe, the holiday season didn't deter or soften buyers writing offers or for sellers to opt to close and move in the middle of winter.

Looking forward, we expect that the steep decline in "Inventory of Homes For Sale" means that we could see those closed sales numbers declining unless homeowners are further incentivized to sell by the higher sales prices. If you are a homeowner, could now be your time to sell? We have ready and able buyers looking now.

To read all the details, see median sales price graphs and more statistics, click into the reports below to see the month to month comparisons from January 2020 to January 2021.

Flathead County - Homes

Pending Sales + 48%
Days from Listing to Closing - Dropped from 99 to 56
Average Sales Price +35%
Inventory down 65% - Went from 475 in 2020, to 166 homes in 2021

Lake County - Homes

Pending Sales + 10.3%
Days from Listing to Closing - Dropped from 138 to 80
Average Sales Price +27.4%
Inventory down 66% - Went from 202 in 2020, to 69 homes in 2021

Winter on Flathead Lake's Northshore extends a fantastic place to take a scenic walk and play with our pups. Folks even take out big tire bicycles on the hard sand. There are walk-in access points in Bigfork and Somers.

Here is what The Hollinger Team is working on:

Scott listed ten acres south of Columbia Falls and received multiple offers.
Dane negotiated a successful offer on a Flathead Lake view lot in Bigfork.
Diana is working through her required Real Estate continuing education courses.
Drew negotiated a successful offer on 20 acres in Big Arm.
Kellie is organizing 16 pending sales in an active first month of the year.

What customers say...

"I have stayed in contact with Scott and his team over the years to keep abreast of the market around Flathead Lake. His newsletter indicated property listings were in short supply so we decided that perhaps instead of buying another property and move up we would simply sell and come back to the market later. We listed the property in a comparative range and had offers within a few days. We closed the sale in under 30 days. Scott and his staff were well informed, professional and efficient. The process was painless and recommend the Hollinger Team to buyers or sellers." Jack P

We can also help you anywhere in the country
with a local referral!

Contact your favorite Hollinger Team member anytime.

406-837-5531

Scott Hollinger Broker/Owner

Dane Hollinger Broker Associate

Drew Hollinger Sales Associate

Kellie Hilley Closing Mgr & Sales Associate

Diana Rahdert Marketing Mgr & Broker Associate