ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Flathead County Monthly Market Update
LAND
The average number of Days on Market is up 70% in
March and up 33% year to date.
New Listings are down 2%
Closed Sales are down 14%
The Average Sales Price is down 8% in March and shows
no change year to date
95% of the Original Listing Price is received at closing
4 1st Street, Suite 102, Kalispell, MT 59901
Office: (406) 752-9200| Fax: (406) 314-4953
WWW.ERALAMBROS.COM
Local Market Update | March 2018
Flathead
County
Land
-2% -14% -8%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
March
Year to Date
2017 2018 +/- 2017 2018 +/-
New Listings 132 129 -2% 269 308 +14%
Closed Sales 49 42 -14% 115 131 +14%
Median Sales Price $88K $115K +31% $92K $115K +25%
Average Sales Price $186K $172K -8% $168K $168K 0%
Avg. % of Original List Price Received 90% 95% +5% 93% 93% 0%
Average Days on Market Until Sale 282 479 +70% 322 427 +33%
New Listings
2017 2018
Closed Sales
2017 2018
250
80
200
150
100
50
60
40
20
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
$200,000
600
$150,000
$100,000
400
$50,000
200
$0
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 03/31/2018.
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