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February 2021 - Flathead Residential

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ERA LAMBROS LOCAL MARKET UPDATE

ERA Lambros

Flathead County Monthly Market Update

• The average number of Days on Market is down 35% in

February and down 28% year to date.

• New Listings are up 3%

• Closed Sales are up 24%

RESIDENTIAL

• The Average Sales Price is up 23% in February and up 29%

year to date

• 99% of the Original Listing Price is received at closing

211 Parkway Drive, Kalispell, MT 59901

Office: (406) 752-9200| Fax: (406) 314-4953

WWW.ERALAMBROS.COM


Local Market Update | February 2021

Flathead

County

Residential

+3% +24% +23%

Change in

New Listings

February

Change in

Closed Sales

Change in

Average Sales

Price

Year to Date

2020 2021 +/- 2020 2021 +/-

New Listings 169 174 +3% 348 345 -1%

Closed Sales 115 143 +24% 239 298 +25%

Median Sales Price $335K $425K +27% $320K $399K +25%

Average Sales Price $465K $571K +23% $445K $576K +29%

Avg. % of Original List Price Received 97% 99% +2% 97% 98% +1%

Average Days on Market Until Sale 185 121 -35% 179 129 -28%

Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2020 through 2/28/2021.

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