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 June

Year # of Sales Median Price Avg Days on Market
2014 135 $228,000 101
2013 131 $230,000 100
2012 107 $206,000 107
2011  92 $205,000 121
2010  92 $206,000 128
2009 110 $209,500 129

 

Missoula Urban Area YTD Jan 1 to June 30, 2014

Year # of Sales Median Price Avg Days on Market
2014 454 $220,500 120
2013 557 $214,000 119
2012 431 $205,000 125
2011 348 $203,500 133
2010 454 $197,750 124
2009 382 $214,700 128

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 Graph June


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

Missoula County – Month of June

Year # of Sales Median Price Avg Days on Market
2014 167 $225,000 132
2013 162 $238,000 104
2012 136 $203,700 133
2011 118 $211,250 133
2010 107 $213,000 127
2009 140 $212,000 146

 

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

Year # of Sales Median Price Avg Days on Market
2014 588 $220,000 138
2013 695 $215,000 125
2012 543 $203,000 140
2011 444 $203,750 139
2010 535 $199,000 126
2009 480 $215,000 139

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 Graph June


 

 Number of Active Listings: July 3, 2014

   Residential  *Condos  Town – homes Multi-Family  Land   Commercial 
 Missoula Urban Area  457    107      34   39  290  106
MissoulaCounty  861    109      36   43  790  133
Central / North Ravalli County  290     n/a       4    12  279    39
Mineral & Sanders Counties  249     3       n/a    8  437    45
Granite, Powell & Deerlodge Counties  128   n/a       n/a    5  201    18

 

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.