Market Trends

Recent press releases about Market Trends: Missoula Housing Market Warms Up After Long Winter (July 21, 2014)

Recent news articles about Market Trends: Missoula Home Sales Lagging, Prices Rising (July 21, 2014, Montana Public Radio), Missoula Homes Sales Down, Median Home Price Up (July 21, 2014, ABC Fox TV), Missoula Housing Market Rebounds After Strong 2nd Quarter (July 21, 2014, Missoulian)

Download a quick visual of current market trends to use on social media.

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 September

Year # of Sales Median Price Avg Days on Market
2014   95 $233,000 114
2013 100 $205,100 102
2012   89 $215,000 121
2011   63 $204,000 117
2010   73 $200,000 104
2009   80 $206,906 128

 

Missoula Urban Area YTD Jan 1 to Sept 30, 2014

Year # of Sales Median Price Avg Days on Market
2014 831 $227,500 113
2013 947 $215,000 111
2012 737 $210,000 121
2011 595 $205,000 125
2010 668 $199,700 120
2009 667 $212,000 124

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 Sept graph


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

Missoula County – Month of  September

Year # of Sales Median Price Avg Days on Market
2014 128 $232,750 116
2013 136 $212,500 115
2012 113 $215,500 133
2011   82 $204,500 130
2010   91 $200,000 108
2009 102 $207,500 147

 

Missoula County – YTD – Jan 1 to Sept 30, 2014

Year # of Sales Median Price Avg Days on Market
2014 1066 $227,250 126
2013 1191 $218,000 120
2012  934 $205,950 134
2011  755 $205,000 135
2010  793 $199,900 126
2009  837 $213,000 134

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 Sept graph


 

 Number of Active Listings: October 6, 2014

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  473    88      32   36  307  108
MissoulaCounty  792    88      36   38  761  130
Central / North Ravalli County  292     n/a       3   12  282    39
Mineral & Sanders Counties  253     n/a       n/a     5  452    45
Granite, Powell & Deerlodge Counties  129     n/a       n/a     5  185    20

 

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.