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Missoula's Neighborhood Trends, Central Missoula
Central Missoula, an area most easily identified as falling between Russell and Reserve street, used to actually be on the outskirts of town and featured homes on larger parcels of lands with farms and homesteads spread all around.  As Missoula grew around this area it became incorporated with the city and started to fill in.  Today you’ll find homes of all ages in this area, old and new, as well as some condos, townhomes, and multi-unit apartment buildings.  Additionally you’ll even come across two farms that are still active as well as a few large fields where you’ll find horses or cattle grazing.
 
Looking at 2010 there were 125 total residential sales in this area with a median sales price of $170,000.  For these sold homes their average time on the market was 109 days.  The median list price was $174,900 showing that homes were getting roughly 97% of their original listing price.  There were 4 foreclosures sold in this area in 2010.
 
 Going forward to 2011 the number of sales dropped to 97 total sales and at a median sales price of $165,000.  With these sold properties their average time on the market was 117 days.  The median ... more

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