Market Trends

Recent press releases about Market Trends: Missoula Housing Market Warms Up After Long Winter (July 21, 2014)

Recent news articles about Market Trends: Missoula Home Sales Lagging, Prices Rising (July 21, 2014, Montana Public Radio), Missoula Homes Sales Down, Median Home Price Up (July 21, 2014, ABC Fox TV), Missoula Housing Market Rebounds After Strong 2nd Quarter (July 21, 2014, Missoulian)

Download a quick visual of current market trends 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 August

Year # of Sales Median Price Avg Days on Market
2014 112 $243,450 105
2013 121 $215,000   87
2012 102 $217,500 113
2011   97 $208,500 107
2010   57 $192,500 126
2009   98 $193,517 113

 

Missoula Urban Area YTD Jan 1 to August 31, 2014

Year # of Sales Median Price Avg Days on Market
2014 724 $226,193 111
2013 847 $216,000 112
2012 648 $210,000 121
2011 532 $205,000 126
2010 595 $199,500 122
2009 587 $214,000 123

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.

Blue Aug graph


Residential Market Activity in Missoula County
(residential, AND residential with acreage)

Missoula County – Month of August

Year # of Sales Median Price Avg Days on Market
2014 140 $241,000 121
2013 154 $214,500 116
2012 132 $210,500 127
2011 128 $208,250 126
2010   68 $198,700 142
2009 127 $195,000 125

 

Missoula County – YTD – Jan 1 to August 31, 2014

Year # of Sales Median Price Avg Days on Market
2014 924 $225,000 126
2013 1055 $218,000 121
2012 821 $205,000 134
2011 673 $205,000 135
2010 702 $199,900 129
2009 735 $214,000 132

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.

Green Aug graph


 

 Number of Active Listings: September 5, 2014

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  511    82      32   35  311  108
MissoulaCounty  866    82      35   38  787  132
Central / North Ravalli County  308     n/a       3    11  270    39
Mineral & Sanders Counties  262     n/a       n/a    5  456    46
Granite, Powell & Deerlodge Counties  138     n/a       n/a    5  194    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

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.