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 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 February

Year # of Sales Median Price Avg Days on Market
2015   41 $210,900 141
2014   34 $211,500 151
2013   53 $189,271 134
2012   43 $192,500 156
2011   40 $217,750 165
2010   47 $188,400 143

 

Missoula Urban Area YTD Jan 1 to Feb 28, 2015

Year # of Sales Median Price Avg Days on Market
2015 93 $212,000 141
2014 81 $208,000 128
2013 110 $188,750 132
2012 96 $191,250 146
2011 83 $214,000 153
2010 87 $195,000 132

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  February

Year # of Sales Median Price Avg Days on Market
2015 44 $210,450 149
2014 45 $208,000 146
2013 70 $192,385 151
2012 54 $191,250 173
2011 54 $185,000 156
2010 54 $194,425 152

 

Missoula County – YTD – Jan 1 to Feb 28, 2015

Year # of Sales Median Price Avg Days on Market
2015 110 $204,250 149
2014 104 $206,000 143
2013 145 $196,000 143
2012 121 $192,500 156
2011 108 $197,850 148
2010 101 $196,000 136

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: March 5, 2015

   Residential  *Condos  Town homes Multi-Family  Land   Commercial 
 Missoula Urban Area  340    66      35   32  272    88
MissoulaCounty  613    68      38   36  753  107
Central / North Ravalli County  204     n/a       n/a   11  228    35
Mineral & Sanders Counties  225     n/a       n/a     8  386    42
Granite, Powell & Deerlodge Counties   94     n/a       n/a     3  156    20

 

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.