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Flathead County_Residential_May2021

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May 2021 Monthly Market Update<br />

<strong>Flathead</strong> <strong>County</strong> - <strong>Residential</strong><br />

• The Average Sales Price is up $188k compared to May 2020<br />

• New Listings are down 50 compared to May 2020<br />

• The Average Days on Market Until Sale is down 23 days<br />

• Closed Sales are up 70 compared to May 2020<br />

3011 American Way Missoula, MT 59808<br />

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

WWW.ERALAMBROS.COM


Local Market Update | May 2021<br />

<strong>Flathead</strong><br />

<strong>County</strong><br />

<strong>Residential</strong> Sales<br />

-50 +70 +$188k<br />

Change in<br />

New Listings<br />

Change in<br />

Closed Sales<br />

Change in<br />

Avg. Sales Price<br />

May<br />

Year to Date<br />

2020 2021 +/- 2020 2021 +/-<br />

New Listings<br />

317<br />

267<br />

-50<br />

1,182<br />

1,184<br />

+2<br />

Closed Sales<br />

150<br />

220<br />

+70<br />

721<br />

925<br />

+204<br />

Median Sales Price<br />

$354k<br />

$477k<br />

+$123k<br />

$336k<br />

$458k<br />

+$122k<br />

Average Sales Price<br />

$450k<br />

$638k<br />

+$188k<br />

$434k<br />

$633k<br />

+199k<br />

Average % of Original List Price Received<br />

97%<br />

102%<br />

+5%<br />

97%<br />

100%<br />

+3%<br />

Average Days on Market Until Sale<br />

147<br />

124<br />

-23<br />

174<br />

125<br />

-49<br />

Based on information from the Missoula <strong>County</strong> Association of REALTORS ®, Inc.

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