ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Flathead County Monthly Market Update
LAND
The average number of Days on Market is up 6% in July
and up 24% year to date.
New Listings are down 9%
Closed Sales are up 11%
The Average Sales Price is up 1% in July and up 14% year
to date
90% 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
Local Market Update | July 2018
Flathead
County
Land
-9% +11% +1%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
July
Year to Date
2017 2018 +/- 2017 2018 +/-
New Listings 176 160 -9% 1,030 961 -7%
Closed Sales 70 78 +11% 354 429 +21%
Median Sales Price $107K $100K -7% $89K $100K +12%
Average Sales Price $137K $139K +1% $140K $160K +14%
Avg. % of Original List Price Received 94% 90% -4% 93% 93% 0%
Average Days on Market Until Sale 402 428 +6% 365 452 +24%
New Listings
2017 2018
Closed Sales
2017 2018
250
100
200
80
150
60
100
40
50
20
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
$200,000
600
$150,000
500
400
$100,000
300
$50,000
200
100
$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
Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2017 through 07/31/2018.
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