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Ravalli County Land July 2021

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JULY 2021

MARKET

REPORT

Ravalli County

Land

The Average Days On Market

decreased 373 days

The Average Sales Price Yearto-date

increased $45,000

New Listings decreased by 4

Closed Sales are down 21

compared to this month last

year

3011 American Way Missoula, MT 59808

Office: (406) 532-9200

www.eralambros.com


Local Market Update | July 2021

Ravalli

County

Land

-4 -21 +46k

Change in

New Listings

July

Change in

Closed Sales

Change in

Avg. Sales Price

Year to Date

2020 2021 +/- 2020 2021 +/-

New Listings

40

36

-4

281

251

-30

Closed Sales

45

24

-21

190

243

+53

Median Sales Price

$155k

$230k

+$75k

$125k

$175k

+$50k

Average Sales Price

$205k

$251k

+$46k

$168k

$269k

+$101k

Average % of Original List Price Received

96%

98%

+2%

91%

98%

+7%

Average Days on Market Until Sale

496

123

-373

440

156

-284

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

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