ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Missoula County Monthly Market Update
RESIDENTIAL
The average number of Days on Market is up 1% in June
and down 1% year to date.
New Listings are down 3%
Closed Sales are down 10%
The Average Sales Price is up 2% and up 3% year to date
99% of the Original Listing Price is received at closing
3011 American Way Missoula, MT 59808
Office: (406) 532-9200|Toll Free: (888) 735-7653| Fax: (406) 532-9330
WWW.ERALAMBROS.COM
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Local Market Update | June 2018
Missoula
County
Residential
-3% -10% +2%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
June
Year to Date
2017 2018 +/- 2017 2018 +/-
New Listings 299 291 -3% 1,424 1,287 -10%
Closed Sales 220 198 -10% 776 777 +0.1%
Median Sales Price $275K $295K +7% $270K $293K +9%
Average Sales Price $316K $323K +2% $310K $319K +3%
Avg. % of Original List Price Received 98% 99% +1% 98% 98% 0%
Average Days on Market Until Sale 125 126 +1% 142 140 -1%
New Listings
2017 2018
Closed Sales
2017 2018
400
250
300
200
200
100
150
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
$400,000
$300,000
$200,000
2017 2018
300
200
2017 2018
$100,000
100
$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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