Market Trends

Recent press releases about Market Trends: Housing Market Continues Steady Recovery (October 22, 2014)

Recent news articles about Market Trends: Missoula Realtor: Fewer Home Sales No Cause For Worry (October 22, 2014, Montana Public Radio), Local agents optimistic about Missoula real estate market (October 23, 2014, Missoulian), Home Sales Sluggish In Parts of Montana (October 24, 2014, ABC Fox Montana)

Download a quick visual of 2014 housing market statistics 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 December

Year # of Sales Median Price Avg Days on Market
2014   90 $222,000 128
2013   65 $210,000 137
2012   66 $204,950 112
2011   60 $201,750 134
2010   56 $212,000 148
2009   50 $183,700 123

 

Missoula Urban Area YTD Jan 1 to Dec 31, 2014

Year # of Sales Median Price Avg Days on Market
2014 1100 $226,500 115
2013 1190 $215,000 113
2012   968 $209,500 124
2011   779 $206,000 127
2010   830 $204,750 122
2009   913 $208,000 126

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 Dec graph


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

Missoula County – Month of  December

Year # of Sales Median Price Avg Days on Market
2014 103 $224,000 136
2013   77 $210,000 141
2012   84 $218,450 117
2011   76 $200,000 142
2010   77 $200,000 171
2009   58 $187,750 133

 

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

Year # of Sales Median Price Avg Days on Market
2014 1388 $227,000 127
2013 1491 $217,000 121
2012 1223 $207,500 135
2011   996 $205,935 138
2010 1017 $205,000 131
2009 1138 $210,000 135

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.

Green Dec graph


 

 Number of Active Listings: Jan 5, 2015

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  319    70      25   25  238    93
MissoulaCounty  562    70      28   29  672  112
Central / North Ravalli County  217     n/a       n/a     9  237    33
Mineral & Sanders Counties  204     n/a       n/a     6  371    44
Granite, Powell & Deerlodge Counties  108     n/a       n/a     4  150    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.