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 April

Year # of Sales Median Price Avg Days on Market
2015    91 $232,000 102
2014    85 $225,387 154
2013  111 $234,000 120
2012    69 $204,200 122
2011    50 $205,500 125
2010    91 $186,000 127

 

Missoula Urban Area YTD Jan 1 to April 30, 2015

Year # of Sales Median Price Avg Days on Market
2015 264 $229,700 120
2014 225 $215,000 130
2013 298 $207,500 131
2012 224 $198,750 137
2011 191 $205,000 141
2010 239 $195,800 128

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  April

Year # of Sales Median Price Avg Days on Market
2015 126 $235,250 127
2014 107 $228,500 153
2013 133 $232,000 128
2012  84 $207,250 135
2011  62 $199,500 134
2010 111 $186,000 134

 

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

Year # of Sales Median Price Avg Days on Market
2015 288 $195,400 135
2014 240 $197,850 144
2013 290 $196,850 149
2012 371 $211,000 137
2011 290 $215,500 142
2010 336 $229,250 132

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: May 5, 2015

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  426    53      24   34  304   91
MissoulaCounty  767    55      25   40  840   98
Central / North Ravalli County  216     3       4   13  218   39
Mineral & Sanders Counties  233     n/a       n/a     8  409   42
Granite, Powell & Deerlodge Counties   90     n/a       n/a     4  167   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.