ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Flathead County Monthly Market Update
RESIDENTIAL
The average number of Days on Market is down 9% in April
and down 6% year to date.
New Listings are down 6%
Closed Sales are up 10%
The Average Sales Price is up 11% in April and up 14%
year to date
96% 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
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Local Market Update | April 2018
Flathead
County
Residential
-6% +10% +11%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
April
Year to Date
2017 2018 +/- 2017 2018 +/-
New Listings 300 281 -6% 793 832 +5%
Closed Sales 122 134 +10% 411 434 +6%
Median Sales Price $274K $320K +17% $264K $285K +8%
Average Sales Price $336K $372K +11% $338K $385K +14%
Avg. % of Original List Price Received 95% 96% +1% 96% 96% 0%
Average Days on Market Until Sale 216 197 -9% 192 181 -6%
New Listings
2017 2018
Closed Sales
2017 2018
500
250
400
200
300
150
200
100
100
50
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
$500,000
250
$400,000
200
$300,000
150
$200,000
$100,000
$0
100
50
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 04/30/2018.