March 2021 Lincoln County - Land
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ERA LAMBROS LOCAL MARKET UPDATE<br />
ERA Lambros<br />
<strong>Lincoln</strong> <strong>County</strong> Monthly Market Update<br />
• The average number of Days on Market is up 26% in<br />
<strong>March</strong> and is down 13% year to date.<br />
• New Listings are up 16%<br />
• Closed Sales are up 122%<br />
RESIDENTIAL<br />
• The Average Sales Price is up 44% in <strong>March</strong> and up 51%<br />
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>March</strong> <strong>2021</strong><br />
<strong>Lincoln</strong><br />
<strong>County</strong><br />
Residential<br />
+16% +122% +44%<br />
Change in<br />
New Listings<br />
<strong>March</strong><br />
Change in<br />
Closed Sales<br />
Change in<br />
Average Sales<br />
Price<br />
Year to Date<br />
2020 <strong>2021</strong> +/- 2020 <strong>2021</strong> +/-<br />
New Listings 45 52 +16% 97 139 +43%<br />
Closed Sales 18 40 +122% 53 95 +79%<br />
Median Sales Price $199K $273K +37% $189K $275K +46%<br />
Average Sales Price $242K $348K +44% $242K $366K +51%<br />
Avg. % of Original List Price Received 99% 96% -3% 94% 97% +3%<br />
Average Days on Market Until Sale 152 192 +26% 202 175 -13%<br />
Based on information from the Missoula Organization of REALTORS®, Inc. for the period of 01/01/2020 through 3/31/<strong>2021</strong>.
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