Not the official numbers as our MLS database is user-maintained. Recorded sales are entered by the selling broker, and sometimes there is a bit of a delay with that data.
Pulling things up today, here's what I see for the Missoula Urban area:
Sales - 899 (down 1 from 900 in 2008) a flat trend, the peak was 1374 in 2006 so a 35.5% decrease off the peak.
Median Sales price - $209,000 (down $6,000 from $215,000 in 2008) continued downward pressure is on our median, the peak median price was $216,700 in 2007 so from that 2009's median sales price is 3.55% down from the peak.
So, volume is flat for the year but as shown in my last post it's up in the 2nd half. This evidence suggests the tax credits, market affordability, and low interest rates have had a good impact on our market, and it helping it to stabilize.
The continued median price shift shows that the lower end of our market is dominating our activity, and causing the range of data to shift lower. Probably a strong sign that the first time home buyer activity is playing a large part in our market, and houses that fit those needs are in a stronger market.
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