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 May

Year # of Sales Median Price Avg Days on Market
2015  100 $251,500   97
2014    96 $217,000 122
2013  128 $196,500 111
2012  100 $216,232 115
2011   65 $197,500 125
2010  123 $198,000 103

 

Missoula Urban Area YTD Jan 1 to May 31, 2015

Year # of Sales Median Price Avg Days on Market
2015 373 $235,000 113
2014 321 $216,000 128
2013 426 $205,000 125
2012 324 $205,000 130
2011 256 $202,434 137
2010 362 $196,500 119

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  May

Year # of Sales Median Price Avg Days on Market
2015 117 $253,000 115
2014 133 $221,000 134
2013 162 $211,950 119
2012 117 $216,000 127
2011   86 $200,935 136
2010 140 $199,975 108

 

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

Year # of Sales Median Price Avg Days on Market
2015 464 $233,500 127
2014 423 $216,900 140
2013 533 $211,000 132
2012 407 $203,000 142
2011 326 $199,100 142
2010 428 $197,250 126

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: June 5, 2015

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  448    79      23   37  297   97
MissoulaCounty  810    81      24   43  824   122
Central / North Ravalli County  227     3       3   15  218   39
Mineral & Sanders Counties  254     n/a       n/a     8  437   48
Granite, Powell & Deerlodge Counties   87     n/a       n/a     5  166   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.