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Ravalli County_Residential_May2021

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May 2021 Monthly Market Update

Ravalli County - Residential

• The Average Sales Price is up $139k compared to May 2020

• New Listings are down 1 compared to May 2020

• The Average Days on Market Until Sale is down 123 days

• Closed Sales are up 5 compared to May 2020

3011 American Way Missoula, MT 59808

Office: (406) 532-9200|Toll Free: (888) 735-7653| Fax: (406) 532-9330

WWW.ERALAMBROS.COM


Local Market Update | May 2021

Ravalli

County

Residential Sales

-1 +5 +$139k

Change in

New Listings

Change in

Closed Sales

Change in

Avg. Sales Price

May

Year to Date

2020 2021 +/- 2020 2021 +/-

New Listings

106

105

-1

438

430

-8

Closed Sales

65

70

+5

256

340

+84

Median Sales Price

$345k

$450k

+$105k

$322k

$444k

+$122k

Average Sales Price

$409k

$548k

+$139k

$395k

$580k

+185k

Average % of Original List Price Received

95%

102%

+7%

96%

100%

+4%

Average Days on Market Until Sale

244

121

-123

190

143

-47

Based on information from the Missoula County Association of REALTORS ®, Inc.

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