Lake County Land Update - March 2018
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
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> | <strong>March</strong> <strong>2018</strong><br />
<strong>Lake</strong><br />
<strong>County</strong><br />
<strong>Land</strong><br />
-23% -56% +205%<br />
Change in<br />
New Listings<br />
Change in<br />
Closed Sales<br />
Change in<br />
Average Sales<br />
Price<br />
<strong>March</strong><br />
Year to Date<br />
2017 <strong>2018</strong> +/- 2017 <strong>2018</strong> +/-<br />
New Listings 53 41 -23% 100 94 -6%<br />
Closed Sales 16 7 -56% 37 25 -32%<br />
Median Sales Price $43K $43K 0% $73K $40K -45%<br />
Average Sales Price $76K $232K +205% $118K $135K +14%<br />
Avg. % of Original List Price Received 76% 93% +17% 84% 92% +8%<br />
Average Days on Market Until Sale 309 398 +29% 374 430 +15%<br />
New Listings<br />
2017 <strong>2018</strong><br />
Closed Sales<br />
2017 <strong>2018</strong><br />
80<br />
25<br />
60<br />
20<br />
40<br />
20<br />
15<br />
10<br />
5<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 />
2017 <strong>2018</strong><br />
Average Days on Market<br />
2017 <strong>2018</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 />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />
Based on information from the Northwest Montana Association of REALTORS®, Inc. for the period of 01/01/2017 through 03/31/<strong>2018</strong>.
Change language