ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Lincoln County Monthly Market Update
RESIDENTIAL
The average number of Days on Market is up 9% in
January 2018
New Listings are down 37%
Closed Sales are up 36%
The Average Sales Price is up 3% year to date
91% of the Original Listing Price is received at closing
P.O. Box 1484, 1115 West 9th Street, Libby, MT 59923
Office: (406) 293-7721|Toll Free: (800) 858-3785| Fax: (406) 293-5168
WWW.ERALAMBROS.COM
Local Market Update | January 2018
Lincoln
County
Residential
-37% +36% +3%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
January
Year to Date
2017 2018 +/- 2017 2018 +/-
New Listings 35 22 -37% 35 22 -37%
Closed Sales 11 15 +36% 11 15 +36%
Median Sales Price $142K $226K +59% $142K $226K +59%
Average Sales Price $228K $235K +3% $228K $235K +3%
Avg. % of Original List Price Received 93% 91% -2% 93% 91% -2%
Average Days on Market Until Sale 358 390 +9% 358 390 +9%
New Listings
Closed Sales
2017 2018
2017 2018
120
60
100
50
80
40
60
30
40
20
20
10
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
2017 2018
2017 2018
$400,000
500
$300,000
400
$200,000
$100,000
300
200
100
$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
Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2017 through 01/31/2018.
Change language