Missoula County Land July 2021

JULY 2021
MARKET
REPORT
Missoula County
Land
Year-to-date Closed Sales are
up 95 units
The Average Sales Price on
Land rose by $233,000
Average % of Original List Price
Received rose by 7%
Average Days on Market
decreased by 430 days
3011 American Way Missoula, MT 59808
Office: (406) 532-9200
www.eralambros.com

Local Market Update | July 2021
Missoula
County
Land
-28 -14 +$233k
Change in
New Listings
July
Change in
Closed Sales
Change in
Avg. Sales Price
Year to Date
2020 2021 +/- 2020 2021 +/-
New Listings
81
53
-28
308
310
+2
Closed Sales
48
34
-14
185
280
+95
Median Sales Price
$115k
$157k
+$42k
$110k
$125k
+$15k
Average Sales Price
$165k
$398k
+$233k
$185k
$387k
+$202k
Average % of Original List Price Received
90%
97%
+7%
77%
97%
+20%
Average Days on Market Until Sale
680
250
-430
580
270
-310
Based on information from the Missoula County Association of REALTORS ®, Inc.