How Did 2020 Start & Where Is Our Market Heading?

Bigfork Real Estate Video Blog with Scott Hollinger

Here’s how the first quarter of 2020 panned out for our Flathead market. Today I’m excited to share with you the Flathead market summary for the first quarter of 2020. Though we’re nearing the end of May, I wanted to wait until I had all of the numbers available for the surrounding areas before I presented this recap of Q1. For those worried about how Q2 is faring, I did also wrangle up the numbers for April (the month in which quarantine really took full effect). We saw a slight decrease in properties going under contract in Flathead Valley year over year, with 209 this year as opposed to 224 last April—a 10% change. Though there hasn’t been a huge impact thus far, it’ll be really interesting to see how Q2 pans out. In the meantime, here’s everything you need to know about Q1. Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your leisure: 1:38 - Looking at 2020’s overall first quarter stats 2:16 - Vacant land statistics for Q1 2:48 - Flathead Lake statistics for Q1 3:41 - Swan Lake statistics for Q1 4:40 - Echo Lake, Blaine Lake and Lake of the Woods statistics for Q1 6:18 - The ‘West Lakes’ statistics for Q1 7:30 - Wrapping things up