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 June

Year # of Sales Median Price Avg Days on Market
2015  147 $245,000 103
2014  150 $226,000 100
2013  131 $230,000 100
2012  107 $206,000 107
2011   92 $205,000 121
2010   92 $206,000 128

 

Missoula Urban Area YTD Jan 1 to June 30, 2015

Year # of Sales Median Price Avg Days on Market
2015 522 $237,450 110
2014 471 $218,000 119
2013 557 $214,000 119
2012 431 $205,000 125
2011 348 $202,434 133
2010 454 $197,750 121

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  June

Year # of Sales Median Price Avg Days on Market
2015 193 $240,000 116
2014 183 $225,000 129
2013 162 $238,000 104
2012 136 $203,700 133
2011 118 $211,250 133
2010 107 $213,000 127

 

Missoula County – YTD – Jan 1 to June 30, 2015

Year # of Sales Median Price Avg Days on Market
2015 660 $235,000 123
2014 606 $219,950 136
2013 695 $215,000 125
2012 543 $203,000 140
2011 444 $203,500 139
2010 535 $199,000 126

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: July 6, 2015

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  465    73      25   46  307    96
MissoulaCounty  821    75      28   52  823  123
Central / North Ravalli County  245     3       3   20  223    40
Mineral & Sanders Counties  254     n/a       n/a   10  443    52
Granite, Powell & Deerlodge Counties  102     n/a       n/a     4  178    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    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.