August 2017 Market Reports

    August 2017 Market Reports

    Sep 11, 2017

    Missoula County Real Estate Market Update - Residential

    • The average number of Days on Market is down 39% in August and down 14% year to date
    • New Listings are up 1%
    • Closed Sales are down 5%
    • The Average Sales Price is up 14% and up 11% year to date
    • 98% of the Original Listing Price is received at closing

    +1% Change in new Listings

    -5% Change in Closed Sales

    +14% Change in Average Sales Price

    Missoula Residential Update August 2017-PDF Version

    Missoula County Real Estate Market Update - Land

    • The average number of Days on Market is up 40% in August and up 77% year to date
    • New Listings are up 81%
    • Closed Sales are down 27%
    • The Average Sales Price is up 9% and up 3% year to date
    • 112% of the Original Listing Price is received at closing

    + 81% Change in New Listing

    -27% Change in Closed Sales

    +40% Change in Days on Market

    Missoula Land Update August 2017-PDF Version

    Missoula County Real Estate Market Update - Commercial

    • The average number of Days on Market is down 50% in August and down 24% year to date 
    • New Listings show no change 
    • Pending Sales are down 9% 
    • Closed Sales are down 33% 
    • The Average Sales Price is up 2% and up 28% year to date 
    • 89% of the Original Listing Price is received at closing 

    0% Change in New Listings

    -33% Change in Closed Sales

    +2% Change in Average Sales Price

    Missoula Commercial Update August 2017-PDF Version

    Ravalli County Real Estate Market Update - Residential

    • The Average number of days on the Market is down 38% in August and Down 4% year to date
    • New Listings are up 6%
    • Closed Sales are up 10%
    • The Average Sales Price is down 16% and up 8% year to date
    • 96% of the Original Listing Price is received at closing

    +6% Change in New Listings

    +10% Change in Closed Sales

    -16% Change in Average Sales Price

    Bitterroot Residential Update August 2017-PDF Version

    Ravalli County Real Estate Market Update - Land

    • The average number of Days on Market is up 34% in August and up 30% year to date
    • New Listings are up 29%
    • Closed Sales are up 6%
    • The Average Sales Price is down 41% and down 11% year to date
    • 85% of the Original Listing Price is received at closing

    +29% Change in New Listings

    +6% Change in Closed Sales

    +34% Change in Days on Market

    Bitterroot Land Update August 2017-PDF Version

    Lake County Real Estate Market Update - Residential

    • The average number of Days on Market is down 13% in August and down 2% year to date
    • New Listings are up 18%
    • Closed Sales are up 29%
    • The Average Sales Price is up 11% in August and sown 4% year to date
    • 96% of the Original Listing Price is received at closing

    +18% Change in New Listings

    +29% Change in Closed Sales

    -13% Change in Days on Market

    Polson Residential Update August 2017-PDF Version

    Lake County Real Estate Market Update - Land

    • The average number of Days on Market is up 42% in August and up 24% year to date
    • New Listings are down 3%
    • Closed Sales are up 21%
    • The Average Sales Price is up 2% and up 3% year to date
    • 96% of the Original Listing Price is received at closing

    -3% Change in New Listings

    +21% Change in Closed Sales

    +42% Change in Days on Market

    Polson Land Update August 2017-PDF Version