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March 2021 - Missoula Land

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Local Market Update | <strong>March</strong> <strong>2021</strong><br />

<strong>Missoula</strong><br />

County<br />

<strong>Land</strong><br />

-3% +167% +3%<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 29 28 -3% 116 120 +3%<br />

Closed Sales 24 64 +167% 59 125 +112%<br />

Median Sales Price $102K $100K -2% $110K $120K +9%<br />

Average Sales Price $149K $154K +3% $172K $167K -3%<br />

Avg. % of Original List Price Received 95% 97% +2% 92% 97% +5%<br />

Average Days on Market Until Sale 129 105 -19% 157 117 -25%<br />

Based on information from the <strong>Missoula</strong> County Association of REALTORS®, Inc. for the period of 01/01/2020 through 3/31/<strong>2021</strong>.

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