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EOY Missoula Residential Update - 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>|2017 - <strong>2018</strong><br />

<strong>Missoula</strong><br />

County<br />

<strong>Residential</strong><br />

-4% -3% +7%<br />

Change in<br />

New Listings<br />

Change in<br />

Closed Sales<br />

Change in<br />

Average Sales<br />

Price<br />

2017 <strong>2018</strong> +/-<br />

New Listings 2,395 2,302 -4%<br />

Closed Sales 1,740 1,694 -3%<br />

Median Sales Price $270K $294K +9%<br />

Average Sales Price $307K $330K +7%<br />

Avg. % of Original List Price Received 97% 98% +1%<br />

Average Days on Market Until Sale 134 130 -3%<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 12/31/<strong>2018</strong>.

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