ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Flathead County Monthly Market Update
RESIDENTIAL
The average number of Days on Market is down 5% in June
and down 5% year to date.
New Listings show no change
Closed Sales are down 3%
The Average Sales Price is up 7% in June and up 11% year
to date
97% 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
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Local Market Update | June 2018
Flathead
County
Residential
0% -3% +7%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
June
Year to Date
2017 2018 +/- 2017 2018 +/-
New Listings 386 386 0% 1,563 1,620 +4%
Closed Sales 205 198 -3% 826 824 -0.2%
Median Sales Price $280K $322K +15% $269K $295K +10%
Average Sales Price $336K $360K +7% $335K $372K +11%
Avg. % of Original List Price Received 100% 97% -3% 97% 96% -1%
Average Days on Market Until Sale 146 139 -5% 174 166 -5%
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
$100,000
50
$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 06/30/2018.
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