Ravalli County Land July 2021

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.