Lake County Residential Update - November 2018
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Jan<br />
Feb<br />
Mar<br />
Apr<br />
May<br />
Jun<br />
Jul<br />
Aug<br />
Sep<br />
Oct<br />
Nov<br />
Dec<br />
Local Market <strong>Update</strong> | August <strong>2018</strong><br />
<strong>Lake</strong><br />
<strong>County</strong><br />
<strong>Residential</strong><br />
+21% +4% +191%<br />
Change in<br />
New Listings<br />
August<br />
Change in<br />
Closed Sales<br />
Change in<br />
Average Sales<br />
Price<br />
Year to Date<br />
2017 <strong>2018</strong> +/- 2017 <strong>2018</strong> +/-<br />
New Listings 19 23 +21% 609 618 +1%<br />
Closed Sales 27 28 +4% 348 352 +1%<br />
Median Sales Price $194K $293K +51% $238K $283K +19%<br />
Average Sales Price $267K $778K +191% $299K $406K +36%<br />
Avg. % of Original List Price Received 94% 83% -11% 93% 93% 0%<br />
Average Days on Market Until Sale 156 189 +21% 236 223 -6%<br />
New Listings<br />
Closed Sales<br />
2017 <strong>2018</strong><br />
2017 <strong>2018</strong><br />
120<br />
100<br />
80<br />
60<br />
60<br />
50<br />
40<br />
30<br />
40<br />
20<br />
20<br />
0<br />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />
10<br />
0<br />
Jan Feb Mar Apr May Jun<br />
Jul Aug Sep Oct Nov Dec<br />
Average Sales Price<br />
Average Days on Market<br />
2017 <strong>2018</strong><br />
2017 <strong>2018</strong><br />
$1,000,000<br />
$800,000<br />
$600,000<br />
$400,000<br />
$200,000<br />
$0<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Based on information from the Northwest Montana Association of REALTORS®, Inc. for the period of 01/01/2017 through 11/30/<strong>2018</strong>.
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