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ERA LAMBROS LOCAL MARKET UPDATE<br />
ERA Lambros<br />
<strong>Flathead</strong> County Monthly Market Update<br />
LAND<br />
• The average number of Days on Market is down 30% in<br />
<strong>February</strong> and down 21% year to date.<br />
• New Listings are up 16%<br />
• Closed Sales are up 115%<br />
• The Average Sales Price is up 51% in <strong>February</strong> and up<br />
68% year to date<br />
• 96% 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 Update | <strong>February</strong> <strong>2021</strong><br />
<strong>Flathead</strong><br />
County<br />
<strong>Land</strong><br />
+14% +24% +51%<br />
Change in<br />
New Listings<br />
Change in<br />
Closed Sales<br />
Change in<br />
Average Sales<br />
Price<br />
<strong>February</strong><br />
Year to Date<br />
2020 <strong>2021</strong> +/- 2020 <strong>2021</strong> +/-<br />
New Listings 67 78 +16% 164 167 +2%<br />
Closed Sales 46 99 +115% 82 182 +122%<br />
Median Sales Price $113K $145K +28% $116K $173K +49%<br />
Average Sales Price $176K $265K +51% $170K $285K +68%<br />
Avg. % of Original List Price Received 93% 96% +3% 93% 97% +4%<br />
Average Days on Market Until Sale 427 301 -30% 409 323 -21%<br />
Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2020 through 2/28/<strong>2021</strong>.
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