Home sales plunge in Kalispell area

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By The Associated Press

Story Published: Jan 25, 2009 at 4:11 PM MST

Story Updated: Jan 25, 2009 at 4:11 PM MST

KALISPELL - Housing prices and home sales are plummeting in northwest Montana.

Real estate appraiser Jim Kelley says it's a very tough time to be selling a home in the picturesque region, and the bust is affecting the well-to-do along with people of average means. Kelley says if you're selling a home for more than $2 million, "you'd better get in line."

He says the market remains fairly strong for reasonably priced homes near downtown Kalispell. He says homes are harder to sell the farther they are from town.

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