Flathead County Residential Market Update - Octoer 2017

eralambros

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

WWW.ERALAMBROS.COM


Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

More magazines by this user
Similar magazines