ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Flathead County Monthly Market Update
RESIDENTIAL
The average number of Days on Market is up 5% in
October and up 5% year to date
New Listings are up 11%
Closed Sales are up 23%
The Average Sales Price is up 7% in October and up 8%
year to date
97% of the Original Listing Price is received at closing
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Local Market Update|October 2017
Flathead
County
Residential
+11% +23% +7%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
October
Year to Date
2016 2017 +/- 2016 2017 +/-
New Listings 152 168 +11% 2,472 2,441 -1%
Closed Sales 154 190 +23% 1,410 1,617 +15%
Median Sales Price $243K $292K +20% $255K $275K +8%
Average Sales Price $321K $342K +7% $323K $350K +8%
Avg. % of Original List Price Received 96% 97% +1% 96% 97% +1%
Average Days on Market Until Sale 149 156 +5% 153 160 +5%
New Listings
2016 2017
Closed Sales
2016 2017
250
250
200
200
150
150
100
100
50
50
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average Sales Price
Average Days on Market
$500,000
$400,000
$300,000
$200,000
2016 2017
200
150
100
2016 2017
$100,000
50
$0
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 10/01/2017 through 10/31/2017.
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