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EOY Lincoln Residential Update 2017

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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 />

Local Market <strong>Update</strong>|2016 - <strong>2017</strong><br />

<strong>Lincoln</strong><br />

County<br />

<strong>Residential</strong><br />

+16% +20% -13%<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 424 491 +16%<br />

Closed Sales 249 300 +20%<br />

Median Sales Price $182K $161K -12%<br />

Average Sales Price $232K $201K -13%<br />

Avg. % of Original List Price Received 94% 95% +1%<br />

Average Days on Market Until Sale 234 230 -2%<br />

New Listings<br />

2016 <strong>2017</strong><br />

Closed Sales<br />

2016 <strong>2017</strong><br />

40<br />

50<br />

30<br />

40<br />

20<br />

10<br />

30<br />

20<br />

10<br />

0<br />

Jan Feb Mar Apr May Jun<br />

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 />

$400,000<br />

400<br />

$300,000<br />

300<br />

$200,000<br />

200<br />

$100,000<br />

100<br />

$0<br />

0<br />

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />

Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2016 through 12/31/<strong>2017</strong>

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