Lake County Residential July 2021

July 2021
MARKET
REPORT
Lake County
Residential
The Average Days On Market
decreased 135 days
The Average Sales Price
increased $28,000
New Listings decreased by 14
Closed Sales are down 24
compared to last year
3011 American Way Missoula, MT 59808
Office: (406) 532-9200
www.eralambros.com

Local Market Update | July 2021
Lake
County
Residential
-14 -24 +28k
Change in
New Listings
July
Change in
Closed Sales
Change in
Avg. Sales Price
Year to Date
2020 2021 +/- 2020 2021 +/-
New Listings
71
57
-14
403
364
-39
Closed Sales
75
51
-24
261
273
+12
Median Sales Price
$380k
$399k
+$19k
$325k
$430k
+$105k
Average Sales Price
$560k
$588k
+$28k
$463k
$610k
+$147k
Average % of Original List Price Received
94%
98%
+4%
94%
98%
+4%
Average Days on Market Until Sale
208
73
-135
222
99
-123
Based on information from the Missoula County Association of REALTORS ®, Inc.