16.03.2021 Views

February 2021 - Ravalli County - Residential

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

ERA LAMBROS LOCAL MARKET UPDATE

ERA Lambros

Ravalli County Monthly Market Update

RESIDENTIAL

• The average number of Days on Market is 0% in

February and is up 2% year to date.

• New Listings are up 18%

• Closed Sales are up 100%

• The Average Sales Price is up 94% in February and up

46% year to date

• 98% of the Original Listing Price is received at closing

514 North 1st Street Hamilton, MT 59840

Office: (406) 363-6668|Toll Free: (888) 734-7653| Fax: (406) 363-3252

5505 Eagle Court, Suite B Florence, MT 59833

Office: (406) 273-7777| Fax: (406) 532-9677

WWW.ERALAMBROS.COM


Local Market Update | February 2021

Ravalli

County

Residential

+18% +100% +94%

Change in

New Listings

February

Change in

Closed Sales

Change in

Average Sales

Price

Year to Date

2020 2021 +/- 2020 2021 +/-

New Listings 61 72 +18% 143 122 -15%

Closed Sales 25 50 +100% 75 114 +52%

Median Sales Price $296K $447K +51% $296K $460K +55%

Average Sales Price $345K $669K +94% $425K $619K +46%

Avg. % of Original List Price Received 96% 98% +2% 95% 97% +2%

Average Days on Market Until Sale 203 204 0% 193 196 +2%

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!