Flathead County Residential Market Update - Template
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ERA LAMBROS LOCAL MARKET UPDATE<br />
ERA Lambros<br />
<strong>Flathead</strong> <strong>County</strong> Monthly <strong>Market</strong> <strong>Update</strong><br />
RESIDENTIAL<br />
<br />
The average number of Days on <strong>Market</strong> is down 4% in May<br />
and down 5% year to date.<br />
New Listings are up 4%<br />
Closed Sales are down 11%<br />
<br />
<br />
The Average Sales Price is up 9% in May and up 13% year<br />
to date<br />
97% of the Original Listing Price is received at closing<br />
4 1st Street, Suite 102, Kalispell, MT 59901<br />
Office: (406) 752-9200| Fax: (406) 314-4953<br />
WWW.ERALAMBROS.COM
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 <strong>Market</strong> <strong>Update</strong> | May 2018<br />
<strong>Flathead</strong><br />
<strong>County</strong><br />
<strong>Residential</strong><br />
+4% -11% +9%<br />
Change in<br />
New Listings<br />
Change in<br />
Closed Sales<br />
Change in<br />
Average Sales<br />
Price<br />
May<br />
Year to Date<br />
2017 2018 +/- 2017 2018 +/-<br />
New Listings 380 396 +4% 1,173 1,233 +5%<br />
Closed Sales 210 187 -11% 621 623 +0.5%<br />
Median Sales Price $267K $290K +9% $265K $286K +8%<br />
Average Sales Price $330K $360K +9% $335K $377K +13%<br />
Avg. % of Original List Price Received 97% 97% 0% 96% 96% 0%<br />
Average Days on <strong>Market</strong> Until Sale 165 159 -4% 183 174 -5%<br />
New Listings<br />
2017 2018<br />
Closed Sales<br />
2017 2018<br />
500<br />
250<br />
400<br />
200<br />
300<br />
150<br />
200<br />
100<br />
100<br />
50<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 <strong>Market</strong><br />
$500,000<br />
$400,000<br />
2017 2018<br />
300<br />
2017 2018<br />
$300,000<br />
200<br />
$200,000<br />
$100,000<br />
100<br />
$0<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 05/31/2018.
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