Flathead County Residential Market Update - November 2018
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Local <strong>Market</strong> <strong>Update</strong> | <strong>November</strong> <strong>2018</strong><br />
<strong>Flathead</strong><br />
<strong>County</strong><br />
<strong>Residential</strong><br />
+18% +13% +25%<br />
Change in<br />
New Listings<br />
Change in<br />
Closed Sales<br />
Change in<br />
Average Sales<br />
Price<br />
<strong>November</strong><br />
Year to Date<br />
2017 <strong>2018</strong> +/- 2017 <strong>2018</strong> +/-<br />
New Listings 123 145 +18% 2,561 2,863 +12%<br />
Closed Sales 135 152 +13% 1,752 1,738 -1%<br />
Median Sales Price $285K $341K +20% $275K $309K +12%<br />
Average Sales Price $391K $490K +25% $353K $390K +10%<br />
Avg. % of Original List Price Received 95% 91% -4% 97% 96% -1%<br />
Average Days on <strong>Market</strong> Until Sale 174 147 -16% 161 151 -6%<br />
New Listings<br />
Closed Sales<br />
500<br />
400<br />
300<br />
2017 <strong>2018</strong><br />
250<br />
200<br />
150<br />
2017 <strong>2018</strong><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<br />
Jul Aug Sep Oct Nov Dec<br />
Average Sales Price<br />
Average Days on <strong>Market</strong><br />
2017 <strong>2018</strong><br />
2017 <strong>2018</strong><br />
$600,000<br />
$500,000<br />
$400,000<br />
$300,000<br />
$200,000<br />
250<br />
200<br />
150<br />
100<br />
$100,000<br />
$0<br />
50<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 11/30/<strong>2018</strong>.
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