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Jan<br />
Feb<br />
Mar<br />
Apr<br />
May<br />
Jun<br />
Jul<br />
Aug<br />
Sep<br />
Oct<br />
Nov<br />
Dec<br />
Jan<br />
Feb<br />
Mar<br />
Apr<br />
May<br />
Jun<br />
Jul<br />
Aug<br />
Sep<br />
Oct<br />
Nov<br />
Dec<br />
Local Market <strong>Update</strong>|2016 - <strong>2017</strong><br />
<strong>Lake</strong><br />
County<br />
<strong>Land</strong><br />
-18% +10% +11%<br />
Change in<br />
New Listings<br />
Change in<br />
Closed Sales<br />
Change in<br />
Average Sales<br />
Price<br />
2016 - <strong>2017</strong><br />
2016 <strong>2017</strong> +/-<br />
New Listings 572 467 -18%<br />
Closed Sales 135 148 +10%<br />
Median Sales Price $65K $76K +17%<br />
Average Sales Price $119K $132K +11%<br />
Avg. % of Original List Price Received 90% 92% +2%<br />
Average Days on Market Until Sale 379 442 +17%<br />
New Listings<br />
2016 <strong>2017</strong><br />
Closed Sales<br />
2016 <strong>2017</strong><br />
120<br />
25<br />
100<br />
80<br />
60<br />
40<br />
20<br />
20<br />
15<br />
10<br />
5<br />
0<br />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />
0<br />
Jan Feb Mar Apr May Jun<br />
Jul Aug Sep Oct Nov Dec<br />
Average Sales Price<br />
2016 <strong>2017</strong><br />
Average Days on Market<br />
2016 <strong>2017</strong><br />
$300,000<br />
$250,000<br />
$200,000<br />
$150,000<br />
$100,000<br />
$50,000<br />
$0<br />
800<br />
600<br />
400<br />
200<br />
0<br />
Based on information from the Northwest Montana Association of REALTORS®, Inc. for the period of 01/01/2016 through 12/31/<strong>2017</strong>.
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