Snapshot – Year-to-Date Missoula, MT Real Estate – 2011 vs. 2010

Amy Peterson

13 years ago

How have different neighborhoods and areas of Missoula, MT changed from 2010 to 2011? How does the Missoula market look, when compared year-to-date with the same time last year? How have average prices changed? Have more homes sold this year, when compared to the same time last year?

In comparing the Missoula, MT real estate market from last year to this year, I prepared a chart showing the period from 1/1/2010 to 7/25/2010 as compared to 1/1/2011 to 7/25/2011 (all data is from the Missoula MLS). Please keep in mind that this is only a “year to date” comparison, so not all sales from last year are included. Keeping that in mind, the following chart does help to see where we are today, versus the same time last year, by neighborhood with regard to number of sale, average and median prices and the average days on the market.

	# Sold Homes		Ave. Price		Median Price		Ave. DOM
	2010	2011	2010	2011	2010	2011	2010	2011

Downtown	13	17	$183,992	$160,847	$165,000	$143,000	103	132

North	19	17	$175,603	$156,593	$171,900	$155,900	190	108

Central	86	50	$168,163	$159,223	$170,125	$164,000	110	111

University	12	13	$298,167	$373,346	$258,625	$375,000	126	115

Lewis & Clark / Russell	32	25	$222,489	$209,504	$220,050	$206,000	99	85

Pattee Canyon / Farviews	18	13	$312,233	$324,808	$289,000	$320,000	98	184

Rose Park / Slant Street	19	14	$235,222	$215,407	$199,950	$222,000	119	101

McCormick Park	14	7	$210,600	$203,402	$196,500	$183,900	116	131

Lower Rattlesnake	10	4	$279,050	$290,175	$261,500	$257,000	111	223

Upper Rattlesnake	19	19	$375,840	$361,102	$345,000	$330,000	109	136

South Hills	55	57	$204,073	$200,090	$188,900	$186,500	112	120

Linda Vista	29	29	$295,930	$250,598	$300,000	$250,000	114	131

Upper Miller Creek	8	4	$416,563	$310,625	$371,000	$293,750	135	154

Target Range	26	14	$278,013	$218,971	$282,500	$201,000	126	176

Big Flat	10	3	$458,134	$446,000	$381,000	$550,000	91	209

Blue Mountain	0	2	N/A	$427,000	N/A	$427,000	N/A	47

Mullan Road West	71	60	$214,485	$229,056	$207,500	$215,368	143	167

Expressway	41	16	$174,215	$160,432	$168,600	$160,500	160	121

Grant Creek	11	16	$307,400	$278,064	$312,000	$280,950	143	148

East Missoula / Riverside	20	20	$173,420	$215,263	$167,000	$192,445	86	151

Bonner / Turah / Clinton	11	12	$191,570	$148,742	$182,000	$130,300	150	134

Rock Creek	0	0	N/A	N/A	N/A	N/A	N/A	N/A

“Y” to Lake County Line	12	10	$228,033	$222,210	$220,000	$234,550	212	164

Please keep in mind that the descriptions of the areas are very general, if you want further clarification, please click here, or feel free to contact me.

As always, if you would like an overview of your neighborhood, or would like me to analyze active, under contracts or solds over a certain time period, please let me know and I would be happy to help.