ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Flathead County Monthly Market Update
Residential
2016 vs. 2017 Year End Update
The average number of Days on Market increased 2% in
2017
New Listings decreased 2%
Closed Sales increased 12%
The Average Sales Price increased 8% in 2017
97% 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
Residential
-2% +12% +8%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
2016 - 2017
2016 2017 +/-
New Listings 2,730 2,668 -2%
Closed Sales 1,681 1,882 +12%
Median Sales Price $255K $275K +8%
Average Sales Price $327K $353K +8%
Avg. % of Original List Price Received 95% 97% +2%
Average Days on Market Until Sale 158 161 +2%
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
$100,000
$0
100
50
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 01/01/2016 through 12/31/2017.
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