ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Flathead County Monthly Market Update
RESIDENTIAL
The average number of Days on Market is down 16% in
July and down 6% year to date.
New Listings are up 16%
Closed Sales are down 17%
The Average Sales Price is down 1% in July and up 8%
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
Local Market Update | July 2018
Flathead
County
Residential
+16% -17% -1%
Change in
New Listings
Change in
Closed Sales
Change in
Average Sales
Price
July
Year to Date
2017 2018 +/- 2017 2018 +/-
New Listings 292 340 +16% 1,855 1,970 +6%
Closed Sales 203 169 -17% 1,031 1,008 -2%
Median Sales Price $288K $307K +7% $270K $297K +10%
Average Sales Price $380K $375K -1% $344K $372K +8%
Avg. % of Original List Price Received 96% 97% +1% 97% 97% 0%
Average Days on Market Until Sale 156 131 -16% 170 159 -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
$100,000
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
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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