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