Missoula housing report
Missoula home sales were down in October from a year ago but were still at healthy levels compared to that same month during the last six years.
One hundred and twenty-four homes were sold in the Missoula urban area during October, according to the Missoula Organization of REALTORS. While 135 homes sold during that same month a year ago. The organization's latest Market Trends report can be viewed here.
County-wide, the slight downward pattern continued. In October 2018, 160 homes sold in Missoula County. In October 2017, that number was 179.
MISSOULA URBAN AREA - MONTH OF OCTOBER
Year # of Sales Median Price Avg Days on Market
2018 124 $297,500 130
2017 135 $250,000 130
2016 111 $275,000 138
2015 114 $249,450 136
2014 98 $214,000 144
2013 91 $224,900 151
While the number of sales are slightly down, the median urban home price jumped $47,500 from $250,000 in 2017 to $297,500 in 2018.
At 130, the average days on the market in October of this year was at its lowest level during the last 6 years, which is good news for sellers.
To view the 21-page 2018 Missoula Housing Report, click here.
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