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 March

Year # of Sales Median Price Avg Days on Market
2015   77 $235,000 112
2014   59 $222,000  99
2013   77 $194,200 146
2012   56 $204,450 142
2011   58 $187,250 136
2010   61 $224,900 124

 

Missoula Urban Area YTD Jan 1 to March 31, 2015

Year # of Sales Median Price Avg Days on Market
2015 173 $229,000 129
2014 140 $211,500 116
2013 187 $190,000 138
2012 155 $195,600 144
2011 141 $205,000 146
2010 148 $215,000 129

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  March

Year # of Sales Median Price Avg Days on Market
2015 97 $235,000 115
2014 79 $222,000 126
2013 93 $194,200 141
2012 81 $196,700 148
2011 70 $202,275 146
2010 76 $222,500 134

 

Missoula County – YTD – Jan 1 to March 31, 2015

Year # of Sales Median Price Avg Days on Market
2015 210 $220,500 135
2014 183 $210,000 136
2013 238 $195,750 142
2012 206 $193,500 154
2011 178 $197,850 147
2010 177 $215,000 135

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.


 

 Number of Active Listings: April 6, 2015

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  388    63      28   33  314   84
MissoulaCounty  708    65      29   38  829  104
Central / North Ravalli County  204     3       n/a   13  215    37
Mineral & Sanders Counties  224     n/a       n/a     9  391    41
Granite, Powell & Deerlodge Counties   90     n/a       n/a     4  160    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.