Missoula County Market Report_2013

ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Missoula County Monthly Market Update
Residential
2013 vs. 2014 Year End Update

The average number of Days on Market was up 6% in
2014

New Listings were down 4%

Pending Sales were down 4%

Closed Sales were down 5%

The Average Sales Price went up 4%

97% of the Original Listing Price was received at closing
3011 American Way Missoula, MT 59808
Office: (406) 532-9200|Toll Free: (888) 735-7653| Fax: (406) 532-9330
WWW.ERALAMBROS.COM
Local Market Update|2013 - 2014
Missoula
County
- 4%
- 5%
+ 5%
Change in
New Listings
Change in
Closed Sales
Change in
Median Sales
Price
Residential
2013 - 2014
2013
2014
+/-
New Listings
2,135
2,059
- 4%
Pending Sales
1,237
1,185
- 4%
Closed Sales
1,266
1,201
- 5%
Median Sales Price
$225K
$237K
+ 5%
Average Sales Price
$251K
$261K
+ 4%
Avg. % of Original List Price Received
97%
97%
0%
Average Days on Market Until Sale
117
124
+ 6%
New Listings
2013
Closed Sales
2014
2013
400
200
300
150
200
100
100
50
0
2014
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Median Sales Price
2013
Average Days on Market
2014
$300,000
2013
2014
200
$250,000
$200,000
150
$150,000
100
$100,000
50
$50,000
0
$0
Jan Feb Mar Apr May Jun
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2013 through 12/31/2014.
ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Missoula County Monthly Market Update
Condos and Townhouses
2013 vs. 2014 Year End Update

The average number of Days on Market was down 5%
in 2014

New Listings were down 9%

Pending Sales were down 7%

Closed Sales were down 12%

The Average Sales Price went up 4%

96% of the Original Listing Price was received at closing
3011 American Way Missoula, MT 59808
Office: (406) 532-9200|Toll Free: (888) 735-7653| Fax: (406) 532-9330
WWW.ERALAMBROS.COM
Local Market Update|2013 - 2014
Missoula
County
- 9%
- 12%
+ 1%
Change in
New Listings
Change in
Closed Sales
Change in
Median Sales
Price
Condos and Townhouses
2013 - 2014
2013
2014
+/-
New Listings
314
287
- 9%
Pending Sales
207
192
- 7%
Closed Sales
206
181
- 12%
Median Sales Price
$162K
$164K
+ 1%
Average Sales Price
$178K
$185K
+ 4%
Avg. % of Original List Price Received
97%
96%
- 1%
Average Days on Market Until Sale
146
138
- 5%
New Listings
2013
Closed Sales
2014
60
2013
2014
40
30
40
20
20
10
0
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Median Sales Price
2013
Average Days on Market
2014
$250,000
2013
2014
400
$200,000
300
$150,000
200
$100,000
100
$50,000
0
$0
Jan Feb Mar Apr May Jun
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2013 through 12/31/2014.
ERA LAMBROS LOCAL MARKET UPDATE
ERA Lambros
Missoula County Monthly Market Update
Land
2013 vs. 2014 Year End Update

The average number of Days on Market was up 17% in
2014

New Listings were up 12%

Pending Sales were up 21%

Closed Sales were up 17%

The Average Sales Price went up 3%

88% of the Original Listing Price was received at closing
3011 American Way Missoula, MT 59808
Office: (406) 532-9200|Toll Free: (888) 735-7653| Fax: (406) 532-9330
WWW.ERALAMBROS.COM
Local Market Update|2013 - 2014
Missoula
County
+ 12%
+ 17%
+ 6%
Change in
New Listings
Change in
Closed Sales
Change in
Median Sales
Price
Land
2013 - 2014
2013
2014
+/-
New Listings
551
616
+ 12%
Pending Sales
154
187
+ 21%
Closed Sales
144
169
+ 17%
$80K
$85K
+ 6%
$119K
$123K
+ 3%
Avg. % of Original List Price Received
92%
88%
- 4%
Average Days on Market Until Sale
280
327
+ 17%
Median Sales Price
Average Sales Price
New Listings
2013
Closed Sales
2014
150
2013
2014
25
20
100
15
10
50
5
0
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Median Sales Price
2013
Average Days on Market
2014
$200,000
2013
2014
1500
$150,000
1000
$100,000
500
$50,000
0
$0
Jan Feb Mar Apr May Jun
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2013 through 12/31/2014.
ERA LAMBROS LOCAL MARKET UPDATE
OFFERED AT $ 1,260,000
1119 - 1121 W Kent Missoula, MT 59801
ERA Lambros
Missoula County Monthly Market Update
Commercial
2013 vs. 2014 Year End Update

The average number of Days on Market was up 114% in
2014

New Listings were down 29%

Pending Sales were up 2%

Closed Sales were up 5%

The Average Sales Price went up 16%

89% of the Original Listing Price was received at closing
3011 American Way Missoula, MT 59808
Office: (406) 532-9200|Toll Free: (888) 735-7653| Fax: (406) 532-9330
WWW.ERALAMBROS.COM
Local Market Update|2013 - 2014
Missoula
County
- 29%
+ 5%
- 18%
Change in
New Listings
Change in
Closed Sales
Change in
Median Sales
Price
Commercial
2013 - 2014
2013
2014
+/-
276
195
- 29%
64
65
+ 2%
108
113
+ 5%
Median Sales Price
$243K
$200K
- 18%
Average Sales Price
$313K
$363K
+ 16%
Avg. % of Original List Price Received
79%
89%
+ 10%
Average Days on Market Until Sale
318
679
+ 114%
New Listings
Pending Sales
Closed Sales
New Listings
2013
Closed Sales
2014
40
2013
2014
15
30
10
20
5
10
0
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Median Sales Price
2013
Average Days on Market
2014
$1,000,000
2013
2014
1000
$800,000
800
$600,000
600
$400,000
400
$200,000
200
$0
0
Jan Feb Mar Apr May Jun
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Based on information from the Missoula County Association of REALTORS®, Inc. for the period of 01/01/2013 through 12/31/2014.