ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Flathead County Monthly Market Update
Land
2016 vs. 2017 Year End Update
The average number of Days on Market decreased 3%
in 2017
New Listings decreased 2%
Closed Sales increased 11%
The Average Sales Price decreased 12% in 2017
92% of the Original Listing Price was received at closing
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Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Local Market Update|2016 - 2017
Flathead
County
Land
-2% +11% -12%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
2016 - 2017
2016 2017 +/-
New Listings 1,336 1,313 -2%
Closed Sales 574 638 +11%
Median Sales Price $90K $95K +6%
Average Sales Price $163K $144K -12%
Avg. % of Original List Price Received 92% 92% 0%
Average Days on Market Until Sale 365 355 -3%
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 01/01/2015 through 12/31/2016.
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