Flathead County Residential Update - August 2020
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ERA LAMBROS LOCAL MARKET UPDATE<br />
ERA Lambros<br />
<strong>Flathead</strong> <strong>County</strong> Monthly Market <strong>Update</strong><br />
• The average number of Days on Market is up 9% in<br />
<strong>August</strong> and up 1% year to date.<br />
• New Listings are up 38%<br />
• Closed Sales are up 50%<br />
RESIDENTIAL<br />
• The Average Sales Price is up 47% in <strong>August</strong> and up 15%<br />
year to date<br />
• 97% of the Original Listing Price is received at closing<br />
211 Parkway Drive, Kalispell, MT 59901<br />
Office: (406) 752-9200| Fax: (406) 314-4953<br />
WWW.ERALAMBROS.COM
Local Market <strong>Update</strong> | <strong>August</strong> <strong>2020</strong><br />
<strong>Flathead</strong><br />
<strong>County</strong><br />
<strong>Residential</strong><br />
+38% +50% +47%<br />
Change in<br />
New Listings<br />
<strong>August</strong><br />
Change in<br />
Closed Sales<br />
Change in<br />
Average Sales<br />
Price<br />
Year to Date<br />
2019 <strong>2020</strong> +/- 2019 <strong>2020</strong> +/-<br />
New Listings 282 389 +38% 2291 2407 +5%<br />
Closed Sales 208 313 +50% 1324 1559 +18%<br />
Median Sales Price $313K $415K +33% $325K $355K +9%<br />
Average Sales Price $402K $591K +47% $415K $479K +15%<br />
Avg. % of Original List Price Received 97% 97% 0% 97% 97% 0%<br />
Average Days on Market Until Sale 119 130 +9% 153 155 +1%<br />
Based on information from the Missoula <strong>County</strong> Association of REALTORS®, Inc. for the period of 01/01/2019 through 8/31/<strong>2020</strong>.
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