| Missoula Urban Area--includes greater Missoula area and Lolo Residential |
| Month of April | Year to Date | |||||||
| Year | # Sales | Median Price | # Sales | Median Price | ||||
 | ||||||||
| 2007 | 98 | $207,850 | 327 | $206,400 | ||||
| 2006 | 114 | $183,950 | 361 | $187,000 | ||||
| 2005 | 115 | $185,000 | 317 | $178,000 | ||||
| 2004 | 97 | $167,000 | 299 | $160,000 | ||||
| Missoula and Surrounding Area--includes greater Missoula area, Lolo, Blackfoot Valley, Seeley Lake, Condon, Swan Valley, Evaro Residential, Frenchtown Valley, Huson, Nine Mile, Alberton, and Petty Creek | ||||||||
| Month of April | Year to Date | |||||||
| Year | # Sales | Median Price | # Sales | Median Price | ||||
| ||||||||
| 2007 | 96 | $224,200 | 331 | $205,000 | ||||
| 2006 | 116 | $193,500 | 371 | $187,000 | ||||
| 2005 | 120 | $176,875 | 327 | $177,250 | ||||
| 2004 | 100 | $158,000 | 316 | $159,921 | ||||
Missoula Market Indicator | |
| New Listings Total properties entered into the MOR Regional Multiple Listing Service (MLS) in the last 30 days. |  |
| Median Price The price that is midway between the least expensive and most expensive home sold. |  |
| Under Contract Properties on which the buyer & seller have agreed to transfer property | |
Number of Sales | |
Interest Rates | |
Days on Market | |
Housing Affordablity Index | |
The trends between the end of 2006 and the very beginning of 2007 indicate a stable real estate market.in the Missoula urban area. Interest rates are remaining steady. Homes are on the market for about the same amount of time. A slight decrease in the Median Price and an increase in the number of properties reported Under Contract seem to suggest that consumers are still looking to real estate as a solid, long-term investment.
SOURCE: Missoula Organization of Realtors. For more information, visit www.missoularealestate.com
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