Real estate market updates

Kevin Wetherell of Clearwater Montana Properties, Inc.

Thus far in 2023, there has been a total of 34 homes sold, which is behind the pace of the 45 total homes that sold in 2022. The number of homes for sale has continued to rise as sales have slowed not only in our area but throughout Montana. All markets have seen increases in inventory, price reductions and increasing days on the market.

SEELEY LAKE RESIDENTIAL SALES FAST FACTS

In 2023, the average home price in Seeley Lake has dropped to $517,000 compared to $653,000 in 2022. The average home closes in 92 days after being placed on the ma...

 

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