Montana’s real estate market has been burning red hot for well over a year. Some real estate agents have dubbed it a “land grab” as out-of-state buyers snap up properties, sending home prices to astronomical heights, particularly in Missoula, Bozeman and the Flathead Valley.
But even in Montana’s more remote corners, property is selling quickly. Gail Enger, a longtime broker in Thompson Falls, said that a few years ago Sanders County — a remote community with about 11,400 residents pinned against the Idaho border — would have dozens of properties for sale at any given time. Now there might be fewer than 12.
And when a property is listed, it goes quickly. In 2019, a property would usually be on the market for more than 100 days before being sold. In October 2021, the average was 39 days on the market, according to the Montana Regional MLS.
For years, Enger said, many of the people who…