Market Trends

See below for the latest market statistics 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)

Missoula Urban Area – Month of July

Year # of Sales Median Price Avg Days on Market
2014 136 $235,000   85
2013 169 $227,000 104
2012 115 $211,400 114
2011   87 $205,500 122
2010   84 $221,725 123
2009 107 $220,000 114

 

Missoula Urban Area YTD Jan 1 to July 31, 2014

Year # of Sales Median Price Avg Days on Market
2014 604 $225,000 112
2013 726 $216,300 116
2012 546 $208,500 122
2011 435 $203,500 130
2010 538 $199,900 121
2009 489 $215,000 125

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.

Blue July graph


Residential Market Activity in Missoula County
(residential, AND residential with acreage)

Missoula County – Month of July

Year # of Sales Median Price Avg Days on Market
2014 173 $235,000 93
2013 206 $230 500 108
2012 146 $210,000 120
2011 101 $205,500 130
2010   99 $220,000 132
2009 128 $211,500 113

 

Missoula County – YTD – Jan 1 to July 31, 2014

Year # of Sales Median Price Avg Days on Market
2014 776 $224,950 127
2013 901 $220,000 121
2012 689 $205,000 136
2011 545 $204,000 138
2010 634 $199,925 127
2009 608 $215,000 134

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.

Green July graph


 

 Number of Active Listings: August 5, 2014

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  525    98      37   39  321  112
MissoulaCounty  877    98      40   42  809  137
Central / North Ravalli County  310     n/a       3    12  272    41
Mineral & Sanders Counties  269     n/a       n/a    6  446    44
Granite, Powell & Deerlodge Counties  134     n/a       n/a    5  196    19

 

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.
*Condo includes both Condos and Townhomes unless the agent manually moved Townhomes to its own type

 


Annual Missoula Housing Report

2012 Housing Report Front Cover_Page_Web      2013 Cover     2014 Front Picture

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.