Missoula Residential Market Update 2015 Year End

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The residential housing market remains very hot in Missoula. With continued low interest rates for buyers and limited listing inventory (especially under $275,000) the demand for single family housing continues to rise.

Now is the perfect time to sell as many new listings are receiving multiple offers and going under contract after very few days on the market. Additionally on average, sellers received 98% of their asking price during 2015.

2015 YTD figures indicate that single family home sales were up 12% with approx 5% price appreciation on average as well for Missoula County.  For more Missoula market stats regarding single family homes please see the following:

                                       Missoula Residential Market Update

Jeremy Schultz
Broker/Branch Manager
ERA Lambros Real Estate, REALTOR®
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