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 July

Year # of Sales Median Price Avg Days on Market
2015  150 $245,750   98
2014  155 $235,000   94
2013  169 $227,000 104
2012  115 $211,400 114
2011   87 $205,500 122
2010   84 $221,725 123

 

Missoula Urban Area YTD Jan 1 to July 31, 2015

Year # of Sales Median Price Avg Days on Market
2015 704 $239,250 105
2014 626 $225,000 113
2013 726 $216,300 116
2012 546 $208,500 122
2011 435 $203,500 130
2010 538 $199,900 121

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  July

Year # of Sales Median Price Avg Days on Market
2015 187 $245,500 116
2014 192 $235,250   99
2013 206 $230,500 108
2012 146 $210,000 120
2011 101 $205,500 130
2010   99 $220,000 132

 

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

Year # of Sales Median Price Avg Days on Market
2015 880 $237,700 119
2014 798 $224,400 127
2013 901 $220,000 121
2012 689 $205,000 136
2011 545 $203,500 138
2010 634 $199,925 127

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: August 6, 2015

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  486    70      28   48  304    96
MissoulaCounty  857    73      31   52  804  127
Central / North Ravalli County  259     3       n/a   17  230    38
Mineral & Sanders Counties  251     n/a       n/a     8  442    52
Granite, Powell & Deerlodge Counties  104     n/a       n/a     5  187    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.