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February 2021 - Lincoln County - Land

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ERA LAMBROS LOCAL MARKET UPDATE

ERA Lambros

Flathead County Monthly Market Update

LAND

• The average number of Days on Market is up 63% in and

up 51% year to date.

• New Listings are up 118%

• Closed Sales are up 333%

• The Average Sales Price is up 57% in and up 21% year to

date

• 90% 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

Land

+118% +333% +57%

Change in

New Listings

Change in

Closed Sales

Change in

Average Sales

Price

February

Year to Date

2020 2021 +/- 2020 2021 +/-

New Listings 22 48 +118% 35 97 +177%

Closed Sales 9 39 +333% 19 70 +268%

Median Sales Price $75K $85K +13% $80K $80K 0%

Average Sales Price $80K $126K +57% $98K $119K +21%

Avg. % of Original List Price Received 79% 90% +11% 86% 92% +6%

Average Days on Market Until Sale 322 524 +63% 284 430 +51%

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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