Market Trends

Recent press releases about Market Trends: Missoula Market Enjoys Robust Start to 2015 (April 14, 2015)

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 January

Year # of Sales Median Price Avg Days on Market
2016   69 $229,000 126
2015   52 $213,500 140
2014   47 $204,000 111
2013   57 $185,000 131
2012   53 $187,500 138
2011   43 $214,000 142

 

Missoula Urban Area YTD Jan 1 to January 31, 2016

Year # of Sales Median Price Avg Days on Market
2016   69 $229,000 126
2015   52 $213,500 140
2014   47 $204,000 111
2013   57 $185,000 131
2012   53 $187,500 138
2011   43 $214,000 142

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)

Missoula County – Month of  January

Year # of Sales Median Price Avg Days on Market
2016   83 $235,000 154
2015   66 $203,000 149
2014   59 $204,000 141
2013   75 $196,500 135
2012   67 $192,500 135
2011   54 $204,250 139

 

Missoula County – YTD – Jan 1 to January 31, 2016

Year # of Sales Median Price Avg Days on Market
2016   83 $235,000 154
2015   66 $203,000 149
2014   59 $204,000 141
2013   75 $196,500 135
2012   67 $192,500 135
2011   54 $204,250 139

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.


 

 Number of Active Listings: February 5, 2016

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  284    69     37   23  236    71
MissoulaCounty  484    69     38   27  614    96
Central / North Ravalli County  154     n/a       n/a     8  194    32
Mineral & Sanders Counties  180     n/a       n/a     3  422    38
Granite, Powell & Deerlodge Counties   85     n/a       n/a     4  122    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    MOR-housing-report-2015-1

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.