Market Trends

Recent press releases about Market Trends: Housing Market Continues Steady Recovery (October 22, 2014)

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 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 November

Year # of Sales Median Price Avg Days on Market
2014   77 $229,000 124
2013   87 $214,300 118
2012   68 $208,700 121
2011   63 $205,000 121
2010   52 $227,250 124
2009   92 $199,850 126

 

Missoula Urban Area YTD Jan 1 to Nov 30, 2014

Year # of Sales Median Price Avg Days on Market
2014 1007 $226,000 115
2013 1125 $215,000 111
2012   902 $209,950 124
2011   719 $206,000 126
2010   774 $204,250 120
2009   863 $209,000 127

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 Nov Graph


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

Missoula County – Month of  November

Year # of Sales Median Price Avg Days on Market
2014   96 $229.450 137
2013 113 $204,500 124
2012   88 $209,200 135
2011   85 $203,000 150
2010   73 $224,500 148
2009 110 $200,000 127

 

Missoula County – YTD – Jan 1 to Nov 30, 2014

Year # of Sales Median Price Avg Days on Market
2014 1282 $226,500 127
2013 1414 $217,170 120
2012 1139 $206,900 137
2011  920 $206,000 137
2010  940 $205,000 128
2009 1080 $211,500 135

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.

Green Nov Graph


 

 Number of Active Listings: Dec 5, 2014

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  369    77      33   33  281  107
MissoulaCounty  641    77      36   38  695  128
Central / North Ravalli County  237     3       n/a   14  254    37
Mineral & Sanders Counties  226     n/a       n/a     5  420    48
Granite, Powell & Deerlodge Counties  116     n/a       n/a     5  162    17

 

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.