The month of November always inspires me to reflect upon what I am thankful for. This year as I look back, I am reminded just how much there really is.  My amazing family that is so supportive, loving, and most importantly healthy. My clients, who truly are the best ever, and my amazing team who work so hard and continue to break records and goals. With so much uncertainty in our world, the more I think of the last year, I find more and more reasons to really count my blessings. 
 
The month of October was another record month for not just me, but Engel & Völkers as well. We had a total of 24 advisors/brokers in our Million Dollar Club whose sales totaled over $60 million. Personally, I completed 15.5 sides for $9,961,750 in sales volume, for a year to date total of $57,212,000. 
 
The market is still extremely hot. As we are faced with the possibility of additional shutdowns and more remote work opportunities, the appeal of Montana…  Our big sky and open spaces are a strong draw to those living in more urban areas.  Also, as you probably already know I am a strong proponent of listing and/or leaving your home on the market during the winter months. I have found that the buyers that come out in the winter are typically more serious and ready to make a move. 
 
Take a look at the information below and as always please call me with any questions.
 
Best,
Dawn

MARKET UPDATE 

Home sales in Missoula/Ravalli Counties are up 11% with 2,409 total sales compared to 2,169 during this time last year. The average home price is up 15% to $409,468 and the median sale price is up 8% to $349,000. Flathead and Lake Counties saw growth with 2,757 sales, up 30%.  The average sale price of $528,561 is up 25%, the median sale price is $375,000, up 15%.
 
All market information included is provided by the Montana Regional MLS. Deemed reliable but not guaranteed.  Market data through 10/31/20.

MARKET SNAPSHOT

Missoula/Bitterroot Valley 
Luxury Home Sales Up 59%
Total Home Sales Up 11%

Home sales $500,000+ were up 59% with 462 sales. There have been 61 home sales of $1,000,001+, up 110% from last year. There are currently 27 homes listed $1,000,000+ being reported as Under Contract. 

Flathead Valley
Luxury Home Sales Up 71%
Total Home Sales Up 27%

Home sales $500,000+ were up 84% with 818 sales. There have been 233 home sales of $1,000,001+, up 126% from last year. There are currently 60 homes listed $1,000,000+ being reported as Under Contract.

Keeping The Distance. 

While we may currently be apart, all of us at Engel & Völkers are working together both socially distanced in the office and remotely, so we can continue to offer our clients the best possible service.

FEATURED PROPERTY

11098 Fire Bucket Loop 

Missoula, MT 

OFFERED AT $1,899,000

28.66 acres 

Perfectly perched on over 28 acres, under 20 minutes from Downtown Missoula and 10 minutes from the airport, sits the ultimate Montana entertainment house and horse property. Featuring over 9000 Sq. Ft. of carefully designed Montana style living...