real estate
Missoula Montana Real Estate Market Trends Report – March 2009
April 9, 2009 by admin · Leave a Comment
Missoula Montana Real Estate Market Trends Report – March 2009
In Missoula MT, we saw a spike in home sales in February comparable to last year. We are still seeing a good number of sales in March but the numbers are down from 2008.
A bright spot is that the median home prices are showing an increase from last year at the same time. The days on market are up in the Missoula Urban Area but not alarmingly high and are the same for the County overall.
March’s weather was unpredictable and chilly. We had an average temperature of 33 degress for the month, which when combined about concerns about the economy, may have kept some buyers indoors.
We have witnessed an increase in inquiries about properties, new buyers and have excellent turn-outs for open houses which keeps us optimistic about Spring in real estate in the Missoula area.
Residential Market Activity in the Missoula Urban Area
(residential, AND residential with acreage)
| Year | # of Sales | Median Price | Avg Days on Market |
| 2009 | 48 | $ 225,750 | 119 |
| 2008 | 70 | $208,250 | 114 |
| 2007 | 84 | $222,590 | 138 |
| 2006 Funny Money divx | 97 | $204,000 | 132 |
| 2005 | 87 | $190,500 | 134 |
| 2004 | 80 | $168,387 | 108 |
| Year | # of Sales | Median Price | Avg Days on Market |
| 2009 | 66 | $230,750 | 125 |
| 2008 | 93 | $214,900 | 125 |
| 2007 | 112 | $231,000 | 135 |
| 2006 | 130 | $204,500 | 132 |
| 2005 | 108 | $191,000 | 138 |
| 2004 | 104 | $161,450 | 114 |
| Year
|
# of Sales download Domino dvd | Median Price Dolans Cadillac | Avg Days on Market |
| 2009 | 162 | $235,000 | 144 |
| 2008 | 224 | $216,000 | 127 |
| 2007 | 277 | $214,000 | 132 |
| 2006 | 323 | $200,000 | 136 |
| 2005
|
254 | $179,900 | 137 |
| 2004 | 252 | $162,450 | 124 |
|
|
Residential | Condos / Townhomes | Res. with Acreage | Multi-Family | Land | Commercial |
| Missoula Urban Area | 662 | 178 | 66 | 46 | 476 | 133 |
| Missoula County | 779 | 180 | 294 | 48 | 997 | 185 |
Sales for Missoula County provide a more regional picture. However, a county representation is not a reliable indicator of the market in any of the individual and unique communities within the county. Sales represent properties that have transferred and the transaction has closed. It is the best reliable indicator of what prices the real estate market will bear.
The national media is beginning to take note that not every market is reflecting the national housing downturn. The New York Times singled out Missoula as a ‘stable’ market. And a real estate forecasting service called “Housing Predictor” says “They’ve dodged the bullet in the nation’s housing depression in North Dakota and Montana.”
Data Source: The Missoula Organization of Realtors (R)
For More Information on the Missoula Housing Market & Economy, you can read:
Interest Rate Update & Commentary 4/2/09
Missoula Montana Real Estate Market Report February 2009
Missoula Real Estate – Rosy Compared to the Rest of the Country Toy Love movie
A Breath of Fresh Air – A Positive Outlook for Montana’s Economy
Missoula Predicted to Be in the Top 25 for Housing Real Estate Markets in 2009!
real estate
Where the Buyers Are
March 31, 2009 by admin · Leave a Comment
The National Association of Realtors(R) published the results to their consumer survey in November.
As real estate professionals, it is important to understand buyer trends. Access Realty uses data and technology to create a strategic marketing plant that targets buyers where they are looking for homes, with a primary emphasis on the use of the Internet.
It’s interesting that buyers are using many resources when looking for a home, but when they actually find “The One” it is either from their Real Estate Agent or the Internet (66%). WarGames trailer Hard As Nails psp
Resources Buyers Used in Searching for a Home Playboy: Celebrity Photographers movie download
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- 87% Used the Internet in their home search
- 85% used a real estate agent
- 48% attended Open Houses
- 47% looked at print or newspaper ads
Fewer buyers rely on a home book or magazine, home builders, television, billboards and relocation companies.
Buyers most commonly start their search process online and then contact a real estate agent. In the Line of Fire full movie
Where Buyers Found the Home they Purchased
:
- 34% from a Real Estate Agent Love Story download download Theres a Stranger in my House movie
- 32% from the Internet
- 15% from yard signs
- 7% from a friend
- 7% from a builder
- 3% from print or newspaper ad
- 2% directly from the seller
- 1% from a home book or magazine
For more information on using the power of the Internet and real estate technology to get your home SOLD, contact Kevin and Monica Ray of Access Realty at 406-207-1185.
