Flathead County Land Market Update - Octoer 2017

eralambros

ERA LAMBROS LOCAL MARKET UPDATE

ERA Lambros

Flathead County Monthly Market Update

LAND


The average number of Days on Market is up 19% in

October and up 1% year to date

New Listings are down 3%

Closed Sales are up 50%



The Average Sales Price is up 40% in October and down

9% year to date

91% 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

-3% +50% %

Change in Change in Change in

New Listings Closed Sales Days on Market

Land

October

Year to Date

2016 2017 +/- 2016 2017 +/-

New Listings 68 66 -3% 1,192 1,264 +6%

Closed Sales 40 60 +50% 481 531 +10%

Median Sales Price $88K $108K +23% $90K $92K +2%

Average Sales Price $127K $178K +40% $162K $147K -9%

Avg. % of Original List Price Received 94% 91% -3% 91% 92% +1%

Average Days on Market Until Sale 267 319 +19% 356 360 +1%

New Listings

2016 2017

Closed Sales

2016 2017

100

80

80

60

40

20

60

40

20

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

2016 2017

Average Days on Market

2016 2017

$200,000

500

$150,000

400

$100,000

$50,000

$0

300

200

100

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