Licoln County Residential Update - January 2018
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Local Market <strong>Update</strong> | <strong>January</strong> <strong>2018</strong><br />
Lincoln<br />
<strong>County</strong><br />
<strong>Residential</strong><br />
-37% +36% +3%<br />
Change in<br />
New Listings<br />
Change in<br />
Closed Sales<br />
Change in<br />
Average Sales<br />
Price<br />
<strong>January</strong><br />
Year to Date<br />
2017 <strong>2018</strong> +/- 2017 <strong>2018</strong> +/-<br />
New Listings 35 22 -37% 35 22 -37%<br />
Closed Sales 11 15 +36% 11 15 +36%<br />
Median Sales Price $142K $226K +59% $142K $226K +59%<br />
Average Sales Price $228K $235K +3% $228K $235K +3%<br />
Avg. % of Original List Price Received 93% 91% -2% 93% 91% -2%<br />
Average Days on Market Until Sale 358 390 +9% 358 390 +9%<br />
New Listings<br />
Closed Sales<br />
2017 <strong>2018</strong><br />
2017 <strong>2018</strong><br />
120<br />
60<br />
100<br />
50<br />
80<br />
40<br />
60<br />
30<br />
40<br />
20<br />
20<br />
10<br />
0<br />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />
0<br />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />
Average Sales Price<br />
Average Days on Market<br />
2017 <strong>2018</strong><br />
2017 <strong>2018</strong><br />
$400,000<br />
500<br />
$300,000<br />
400<br />
$200,000<br />
$100,000<br />
300<br />
200<br />
100<br />
$0<br />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />
0<br />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />
Based on information from the Missoula <strong>County</strong> Association of REALTORS®, Inc. for the period of 01/01/2017 through 01/31/<strong>2018</strong>.
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