Flathead County Residential Market Update - November 2017

eralambros

ERA LAMBROS LOCAL MARKET UPDATE

ERA Lambros

Flathead County Monthly Market Update

RESIDENTIAL


The average number of Days on Market is down 9% in

November and up 3% year to date

New Listings are down 12%

Closed Sales are down 8%

The Average Sales Price is up 7% in November and up 8%

year to date


95% 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|November 2017

Flathead

County

-12% -8% -9%

Change in Change in Change in

New Listings Closed Sales Days on Market

Residential

November

Year to Date

2016 2017 +/- 2016 2017 +/-

New Listings 139 123 -12% 2,610 2,561 -2%

Closed Sales 147 135 -8% 1,557 1,752 +13%

Median Sales Price $262K $285K +9% $257K $275K +7%

Average Sales Price $367K $391K +7% $327K $353K +8%

Avg. % of Original List Price Received 94% 95% +1% 96% 97% +1%

Average Days on Market Until Sale 191 174 -9% 156 161 +3%

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

2016 2017

2016 2017

$500,000

250

$400,000

200

$300,000

150

$200,000

100

$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 11/01/2017 through 11/30/2017.

More magazines by this user
Similar magazines