Missoula Residential Update - November 2018
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Jan<br />
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Local Market <strong>Update</strong> | <strong>November</strong> <strong>2018</strong><br />
<strong>Missoula</strong><br />
County<br />
<strong>Residential</strong><br />
-3% +8% +7%<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 112 109 -3% 2,307 2,229 -3%<br />
Closed Sales 115 124 +8% 1,618 1,572 -3%<br />
Median Sales Price $260K $275K +6% $269K $291K +8%<br />
Average Sales Price $300K $322K +7% $304K $330K +9%<br />
Avg. % of Original List Price Received 97% 95% -2% 98% 98% 0%<br />
Average Days on Market Until Sale 131 126 -4% 131 128 -2%<br />
New Listings<br />
Closed Sales<br />
350<br />
300<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
2017 <strong>2018</strong><br />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
2017 <strong>2018</strong><br />
Jan Feb Mar Apr May Jun 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 />
$500,000<br />
$400,000<br />
$300,000<br />
$200,000<br />
$100,000<br />
$0<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec<br />
Based on information from the <strong>Missoula</strong> County Association of REALTORS®, Inc. for the period of 01/01/2017 through 11/30/<strong>2018</strong>.
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