Flathead County Land 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>Land</strong><br />
-17% -21% +21%<br />
Change in<br />
New Listings<br />
<strong>November</strong><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 64 53 -17% 1,286 1,350 +5%<br />
Closed Sales 53 42 -21% 585 653 +12%<br />
Median Sales Price $95K $120K +26% $92K $106K +15%<br />
Average Sales Price $130K $157K +21% $145K $166K +14%<br />
Avg. % of Original List Price Received 89% 95% +6% 92% 93% +1%<br />
Average Days on <strong>Market</strong> Until Sale 403 357 -11% 364 427 +17%<br />
New Listings<br />
2017 <strong>2018</strong><br />
Closed Sales<br />
2017 <strong>2018</strong><br />
250<br />
100<br />
200<br />
80<br />
150<br />
60<br />
100<br />
40<br />
50<br />
20<br />
0<br />
Jan Feb Mar Apr May Jun<br />
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 />
$250,000<br />
$200,000<br />
$150,000<br />
$100,000<br />
$50,000<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
$0<br />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<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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