Aerial view of a lakeside home among autumn trees, with Flathead Lake and mountains beyond.

Flathead Lake Real Estate - September 2024 Sales

Flathead Lake Real Estate

We are over a week into October, and beautiful late-summer weather continues to persist. Deciduous trees are at varying stages of color and we have seen several days of glassy water and clear skies.

There were four reported sales around the lake for the month of September, building on the increased sales volume earlier in the summer. With 4th quarter sales yet to be reported, we have surpassed 2023 in total sales at $91M in 26 transactions. The average sale price for 2024 is up nearly $1M over 2023 at $3.5M.

Inventory appears to have stabilized, up 24% over last year at this time, but seasonally decreasing to 46 residential units and 11 land listings currently available. We expect a modest seasonal decrease in transactions as we head into the late fall and winter months.

September Sales

September 2024 Flathead Lake sales table with dates, prices, cities, frontage, and adjusted price per foot.

Pricing and Sales Summary:

Tables compare frontage values and total sales figures for 2022, 2023, and 2024 year to date.

Significant Sale

Angel Point

Lakeside, MT

3,547 sf, 0.34 acres, 83ft of waterfront

List price $2.75M

Timber living room with tall windows overlooking a lake and snow-capped mountains.

Spectacular Flathead Lake waterfront home in Lakeside with 83’ feet of deeded waterfront with crib dock and covered boat lift. The prow front architecture provides 180 degree views of lake, shoreline, and mountains to the East. Vaulted great room with beautiful wood beams and ceiling. Recently remodeled with upgraded finishes, manicured landscaping, and glass deck railing to maximize light and views. Brand new 40x16 drive-through shop building for garage and toy storage. Conveniently located close to Lakeside amenities combined with end of the road privacy.

Active Waterfront Listings

Residential inventory around the lake continues to increase year over year. The 46 residential active listings currently on Flathead Lake represent a 24% increase in listings over this time last year. Median list prices have jumped back up to just under $3.5M.

Waterfront land listings have held relatively flat in both units and median price.

Flathead Lake waterfront listings by month, split into residential and land; residential listings peak at 49 in August and September 2024.

Chart comparing monthly median Flathead Lake waterfront land and residential prices from October 2023 to October 2024.

Flathead Lake Condominium Market

With nearly two dozen waterfront condominium communities around Flathead Lake, there has historically been plenty of options for buyers who want the waterfront lifestyle without having to worry about maintaining a lake home. Below is a summary of currently active and sold units so far this year as compared to last year's sales. The condo market has followed the single-family waterfront market to near-record low inventories and increasing prices.