EOY Commercial Update - 2019
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Local Market <strong>Update</strong>|2018 - <strong>2019</strong><br />
Missoula<br />
County<br />
<strong>Commercial</strong><br />
+13% -23% -4%<br />
Change in<br />
New Listings<br />
Change in<br />
Closed Sales<br />
2017 - 2018<br />
Change in<br />
Median Sales<br />
Price<br />
2018 <strong>2019</strong> +/-<br />
New Listings 138 156 +13%<br />
Pending Sales 78 65 -17%<br />
Closed Sales 66 51 -23%<br />
Median Sales Price $497K $475K -4%<br />
Average Sales Price $946K $704K -26%<br />
Avg. % of Original List Price Received 95% 88% -7%<br />
Average Days on Market Until Sale 282 212 -25%<br />
Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2018 through 12/31/<strong>2019</strong>.
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