Market Trends

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 March

Year # of Sales Median Price Avg Days on Market
2014 59 $222,000 99
2013 77 $194,200 146
2012 56 $204,450 142
2011 58 $188,750 136
2010 61 $224,900 124
2009 52 $225,750 122

 

Missoula Urban Area YTD Jan 1 to March 31, 2014

Year # of Sales Median Price Avg Days on Market
2014 137 $210,000 115
2013 187 $190,000 138
2012 155 $195,600 144
2011 141 $206,000 146
2010 148 $215,000 129
2009 135 $235,000 140

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 March graph


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

Missoula County – Month of March

Year # of Sales Median Price Avg Days on Market
2014 77 $222,000 127
2013 93 $194,200 141
2012 81 $196,700 148
2011 70 $207,525 146
2010 76 $222,500 134
2009 70 $230,750 127

 

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

Year # of Sales Median Price Avg Days on Market
2014 178 $210,000 136
2013 238 $195,750 142
2012 206 $193,500 154
2011 178 $199,100 147
2010 177 $215,000 135
2009 167 $235,000 144

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 March graph


 

 Number of Active Listings: April 4, 2014

   Residential  *Condos  Town-  homes Multi-Family  Land   Commercial 
 Missoula Urban Area 375    92       24 28 317 112
MissoulaCounty 607    94       28 33 687 140
Central / North Ravalli County 219     n/a        3   5 221 53
Mineral & Sanders Counties 211       3        n/a  9 418 48
Granite, Powell & Deerlodge Counties 103   n/a        n/a   5 203 15

 

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.