Current Knowledge, Common Vision: Growing a Missoula to Treasure
The Missoula Organization of Realtors® is recognized as a valued partner by those actively involved in the real estate profession as well as those whose decisions affect real estate related issues in Missoula County
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| WHAT'S HAPPENING IN THE MISSOULA MARKET | |
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See below for the latest market statistics and commentary based on information from the Missoula Organization of REALTORS®
Market information solely from listings entered into the MOR Regional Multiple Listing Service. Therefore, figures may not reflect all real estate activity in the market.
Residential Market Activity in the Missoula Urban Area
(residential, AND residential with acreage)
| Year | # of Sales | Median Price | Avg Days on Market |
| 2010 | 43 | $197,500 |
147 |
| 2009 | 47 | $242,900 | 159 |
| 2008 | 44 | $213,000 | 158 |
| 2007 | 63 | $204,900 | 121 |
| 2006 | 75 | $199,500 | 117 |
| 2005 | 48 | $162,750 | 131 |
| Year | # of Sales | Median Price | Avg Days on Market |
| 2010 | 83 | $199,500 | 133 |
| 2009 | 83 | $239,000 | 151 |
| 2008 | 99 | $214,000 | 125 |
| 2007 | 131 | $191,815 | 124 |
| 2006 | 151 | $195,000 | 123 |
| 2005 | 117 | $169,900 | 117 |
Sales represent properties that have transferred and the transaction has closed. It is the best reliable indicator of what prices the real estate market will bear.
Residential Market Activity in Missoula County
(residential, AND residential with acreage)
| Year | # of Sales | Median Price | Avg Days on Market |
| 2010 | 49 | $197,500 | 154 |
| 2009 | 56 | $243,950 | 155 |
| 2008 | 58 | $227,450 | 158 |
| 2007 | 82 | $211,500 | 134 |
| 2006 | 94 | $199,571 | 138 |
| 2005 | 65 | $168,100 |
156 |
| Year | # of Sales | Median Price | Avg Days on Market |
| 2010 |
96 |
$198,500 | 136 |
| 2009 | 97 | $236,100 | 157 |
| 2008 | 123 | $217,000 | 131 |
| 2007 | 165 | $199,500 | 130 |
| 2006 | 193 | $199,900 | 138 |
| 2005 | 146 | $175,000 | 135 |
Sales for Missoula County provide a more regional picture. However, a county representation is not a reliable indicator of the market in any of the individual and unique communities within the county.
| Residential | Condos / Townhomes | Res. with Acreage | Multi-Family | Land | Commercial | |
| Missoula Urban Area | 708 | 222 | 72 | 65 | 444 | 130 |
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Missoula County |
851 | 232 | 290 | 69 | 957 | 166 |
| Central / North Ravalli County | 89 | 7 | 254 | 6 | 269 | 45 |
| Mineral & Sanders Counties | 106 | n/a | 171 | 12 | 446 | 40 |
| Granite, Powell & Deerlodge Counties | 54 | n/a | 38 | n/a | 197 | 25 |
Active listings indicate the number of properties from which buyers can choose. An increase/decrease in the number of listings indicates seller activity and may affect buyer choices.
2009 State of Missoula Housing Report
See how the 2009 housing report compares to previous years.
2006 State of Missoula Housing Report
Market information is provided as a public service by the Missoula Organization of REALTORS® based on statistics generated through the MOR Regional Multiple Listing Service. This information is not based on all real estate activity and is intended to indicate general trends only and should not be used to determine what to expect in any specific neighborhood or community. Contact a REALTOR® for more specific and detailed market analysis.