The Missoula housing market showed signs of slowing in 2007. The number of homes sold declined for the first time in 5 years, falling by 13% from 2006 levels. The median home price rose by 6% in 2007, the lowest annual increase in 6 years. Mortgage loan volume decreased slightly while interest rates remained stable. Foreclosures in Missoula increased in 2007. The rental market remained tight with low vacancy rates and increasing costs, especially for 2-bedroom units. Developable land is becoming scarce in Missoula as the pace of new construction has declined over the past two years.
The document is a 2007 housing report for Missoula, Montana that was produced by a coordinating committee of real estate, banking, and economic experts. It provides demographic data and discusses trends of population growth in Missoula County through migration and natural increase. The report aims to establish common facts for housing and land use discussions to contribute to a shared community vision.
India has a total land area of 3,287,595 square kilometers and a population of over 1.1 billion people. Its GDP in 2009 was $1.237 trillion with a per capita GDP of $1,032. The tropical climate is one of India's attractions for travelers. Some of the places the traveler plans to visit in India include the Shir Trauanbakshwar Temple, Fatehpur Sikri, the Kalka Shimla Toy Train, the Ghats of Varanasi, the Taj Mahal, and participate in activities like rafting, kayaking, mountain climbing, and taking sacred baths in the Ganges River. The traveler plans to stay at the Leela Kemp
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise stimulates the production of endorphins in the brain which elevate mood and reduce stress levels.
- Home sales and prices declined in 2010 both locally and nationally, with strongest early-year sales of lower-priced homes. Median home price dropped 4% in Missoula.
- Mortgage rates were low but mortgage activity increased partly due to first-time buyer credits. Foreclosures rose as unemployment increased.
- Rental vacancies remain low at 5% but high rental costs consume a large share of income for many families. Section 8 vouchers help subsidize rent.
- Population growth continues at 500-1000 per year while migration declines. Median income disparity between homeowners and renters is extreme though less so than national trends.
The Missoula housing market showed signs of slowing in 2007. The number of homes sold declined for the first time in 5 years, falling by 13% from 2006 levels. The median home price rose by 6% in 2007, the lowest annual increase in 6 years. Mortgage loan volume decreased slightly while interest rates remained stable. Foreclosures in Missoula increased in 2007. The rental market remained tight with low vacancy rates and increasing costs, especially for 2-bedroom units. Developable land is becoming scarce in Missoula as the pace of new construction has declined over the past two years.
The document is a 2007 housing report for Missoula, Montana that was produced by a coordinating committee of real estate, banking, and economic experts. It provides demographic data and discusses trends of population growth in Missoula County through migration and natural increase. The report aims to establish common facts for housing and land use discussions to contribute to a shared community vision.
India has a total land area of 3,287,595 square kilometers and a population of over 1.1 billion people. Its GDP in 2009 was $1.237 trillion with a per capita GDP of $1,032. The tropical climate is one of India's attractions for travelers. Some of the places the traveler plans to visit in India include the Shir Trauanbakshwar Temple, Fatehpur Sikri, the Kalka Shimla Toy Train, the Ghats of Varanasi, the Taj Mahal, and participate in activities like rafting, kayaking, mountain climbing, and taking sacred baths in the Ganges River. The traveler plans to stay at the Leela Kemp
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise stimulates the production of endorphins in the brain which elevate mood and reduce stress levels.
- Home sales and prices declined in 2010 both locally and nationally, with strongest early-year sales of lower-priced homes. Median home price dropped 4% in Missoula.
- Mortgage rates were low but mortgage activity increased partly due to first-time buyer credits. Foreclosures rose as unemployment increased.
- Rental vacancies remain low at 5% but high rental costs consume a large share of income for many families. Section 8 vouchers help subsidize rent.
- Population growth continues at 500-1000 per year while migration declines. Median income disparity between homeowners and renters is extreme though less so than national trends.
The housing supply in Missoula saw mixed trends in 2012. While the number of residential lots sold increased slightly for the second year in a row, the median sales price of lots decreased by 25% following a 23% drop the previous year. Meanwhile, the number of building permits issued by the city decreased 49% due to a decline in duplex and multi-family permits, though single-family permits increased. Approximately 60% of Missoula County residents own their homes, up slightly from 2011. The rental vacancy rate remained low at 3.5%.
A detailed analysis of Missoula property taxes with comparisons to other cities in Montana.
A report to the Missoula Organization of Realtors by Douglas J. Young, Professor Emeritus, Montana State University
The 2012 Missoula Housing Report provided the following key points:
1) Housing development increased in 2011 with building permits up 65% over 2010, driven entirely by multi-family construction as single-family permits declined.
2) Population in Missoula County grew 14% from 2000 to 2010, now exceeding 100,000, with concentrations of baby boomers and echo boomers.
3) Home sales decreased 3% in 2011 to 877 sales while median home prices increased 2% after three prior years of declines totaling 9%.
4) Housing affordability was challenging in 2011, with the median home price only affordable by a 4-person household earning $59,100, while significant shares
The 2009 Missoula Housing Report summarizes key trends in the local real estate market. Home sales and prices declined significantly in 2008, marking the most pronounced downturn of the decade. Rental rates remained relatively strong despite the depressed housing market. New home construction and lot sales also slowed substantially. The report aims to provide a comprehensive and unbiased assessment of the Missoula housing market through detailed data analysis.
The document discusses the differences between using infinitives and gerunds after certain verbs and verbal phrases. It provides examples of verbs that are commonly used with gerunds or infinitives, including verbs used with prepositions. Some verbs can be used with either a gerund or infinitive but will have different meanings depending on which form is used. The document also shows the different forms the gerund and infinitive can take, such as present, past, perfect, and continuous tenses in both active and passive voice.
The document discusses the first, second, and third conditionals in English grammar.
The first conditional refers to present and future real or possible situations, using the present simple in the if-clause and future simple in the main clause.
The second conditional refers to unlikely or imaginary present/future situations, using past tense in the if-clause and present conditional in the main clause.
The third conditional refers to past situations contrary to facts, using past perfect in the if-clause and past conditional in the main clause.
This document is the 2010 Missoula Housing Report which provides a comprehensive overview of the Missoula housing market. It includes sections on home ownership trends, the rental market, new construction, population and income trends, housing affordability, and a conclusion. The report aims to present a credible picture of the Missoula housing situation that can inform community members and policymakers. It draws data from various local, state, and national sources and is a collaborative effort between different organizations concerned with the Missoula real estate market.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
The housing supply in Missoula saw mixed trends in 2012. While the number of residential lots sold increased slightly for the second year in a row, the median sales price of lots decreased by 25% following a 23% drop the previous year. Meanwhile, the number of building permits issued by the city decreased 49% due to a decline in duplex and multi-family permits, though single-family permits increased. Approximately 60% of Missoula County residents own their homes, up slightly from 2011. The rental vacancy rate remained low at 3.5%.
A detailed analysis of Missoula property taxes with comparisons to other cities in Montana.
A report to the Missoula Organization of Realtors by Douglas J. Young, Professor Emeritus, Montana State University
The 2012 Missoula Housing Report provided the following key points:
1) Housing development increased in 2011 with building permits up 65% over 2010, driven entirely by multi-family construction as single-family permits declined.
2) Population in Missoula County grew 14% from 2000 to 2010, now exceeding 100,000, with concentrations of baby boomers and echo boomers.
3) Home sales decreased 3% in 2011 to 877 sales while median home prices increased 2% after three prior years of declines totaling 9%.
4) Housing affordability was challenging in 2011, with the median home price only affordable by a 4-person household earning $59,100, while significant shares
The 2009 Missoula Housing Report summarizes key trends in the local real estate market. Home sales and prices declined significantly in 2008, marking the most pronounced downturn of the decade. Rental rates remained relatively strong despite the depressed housing market. New home construction and lot sales also slowed substantially. The report aims to provide a comprehensive and unbiased assessment of the Missoula housing market through detailed data analysis.
The document discusses the differences between using infinitives and gerunds after certain verbs and verbal phrases. It provides examples of verbs that are commonly used with gerunds or infinitives, including verbs used with prepositions. Some verbs can be used with either a gerund or infinitive but will have different meanings depending on which form is used. The document also shows the different forms the gerund and infinitive can take, such as present, past, perfect, and continuous tenses in both active and passive voice.
The document discusses the first, second, and third conditionals in English grammar.
The first conditional refers to present and future real or possible situations, using the present simple in the if-clause and future simple in the main clause.
The second conditional refers to unlikely or imaginary present/future situations, using past tense in the if-clause and present conditional in the main clause.
The third conditional refers to past situations contrary to facts, using past perfect in the if-clause and past conditional in the main clause.
This document is the 2010 Missoula Housing Report which provides a comprehensive overview of the Missoula housing market. It includes sections on home ownership trends, the rental market, new construction, population and income trends, housing affordability, and a conclusion. The report aims to present a credible picture of the Missoula housing situation that can inform community members and policymakers. It draws data from various local, state, and national sources and is a collaborative effort between different organizations concerned with the Missoula real estate market.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
2. City Overview Single Family Homes in
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
This Week Real-Time Market Profile Trend
The median list price in MISSOULA, Median List Price $ 239,450 ±+
MT this week is $239,450. The 452 Average List Price $ 323,586
properties have been on the market Asking Price Per Square Foot $ 136 ==
for an average of 214 days. Average Days on Market (DoM) 214 ==
Inventory of Properties Listed 452 ≠≠
Most Expensive Listing $ 3,985,000
Inventory has been tightening and Least Expensive Listing $ 45,900
days-on-market increasing recently. Average Age of Listing 30
The Market Action Index has been Percent of Properties with Price Decrease 23 %
basically flat, not providing strong Percent Relisted (reset DOM) n/a
indication for market conditions. Percent Flip (price increased) 2%
Median House Size (sq ft) 1749
Median Lot Size 8,001 - 10,000 sqft
Median Number of Bedrooms 3.0
Supply and Demand
Median Number of Bathrooms 2.0
Altos Research Value Statistics
The market has shown some Market Action Index Strong Buyer's 17.2 ±+
evidence of slowing recently. Both The Market Action Index answers the question "How's the Market?" by measuring
the current rate of sale versus the amount of the inventory. Index above 30
prices and inventory levels are implies a seller's advantage. Below 30, conditions give the advantage to the
relatively unchanged in recent buyer.
weeks. Watch the Market Action
Index for changes as it can be a Trend Key: == Strong upward trend ≠≠ Strong downward trend
leading indicator for price changes. ±+ No change = Slight upward trend ≠ Slight downward trend
Characteristics per Quartile
Quartile Median Price Sq. Ft. Lot Size Beds Baths Age Inventory New Absorbed DOM
1.0 - 2.5
Top/First $ 499,000 2999 acres 4.0 3.0 13 113 4 7 274 Most expensive 25% of properties
0.25 - 0.50
Upper/Second $ 289,900 2249 acre 3.0 2.0 20 113 3 4 231 Upper-middle 25% of properties
6,501 -
Lower/Third $ 210,000 1749 8,000 sqft 3.0 2.0 30 113 7 6 168 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 169,000 1249 6,500 sqft 3.0 2.0 33 113 6 7 184 Least expensive 25% of properties
Page 2 of 31 Monday January 23, 2012
3. Single Family Homes in
City Overview
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
Median Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of
this trend.
7-day Average 90-day Average
Quartile Prices
Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift
(up or down) in the Market Action Index before prices move from these current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 3 of 31 Monday January 23, 2012
4. Single Family Homes in
City Overview
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
Price per Square Foot
The value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently.
These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.
7-day Average 90-day Average
Inventory of Properties Listed for Sale
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to
the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
7-day Average 90-day Average
Page 4 of 31 Monday January 23, 2012
5. Single Family Homes in
City Overview
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
Market Action Index
The MISSOULA market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index
stands at 17.19. With several months of inventory available at the current sales rate, buyers should find ample choice.
90-day Average Buyers/Sellers Cutoff
Market Action Index per Quartile
Not surprisingly given the overall Market Action Index, all quartiles are in the Buyer's Market zone with several months of
inventory given the current rate of demand for homes in the quartile. Watch the quartile for changes before the overall market
shifts. Often one end of the market (e.g. the low end) will improve and signal a strengthening market before the whole group
changes.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized
by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s
Advantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 5 of 31 Monday January 23, 2012
6. Single Family Homes in
City Overview
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
Days on Market
The properties have been on the market for an average of 214 days. Half of the listings have come newly on the market in the
past 152 or so days.
7-day Average 90-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 6 of 31 Monday January 23, 2012
8. City Overview Condos & Townhomes in
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
This Week Real-Time Market Profile Trend
The median list price in MISSOULA, Median List Price $ 179,900 ==
MT this week is $179,900. The 119 Average List Price $ 226,840
properties have been on the market Asking Price Per Square Foot $ 139 ==
for an average of 255 days. Average Days on Market (DoM) 255 ==
Inventory of Properties Listed 119 ≠≠
Most Expensive Listing $ 667,500
Inventory has been decreasing lately Least Expensive Listing $ 77,500
but the Market Action Index is falling Average Age of Listing 21
also. With days-on-market climbing, Percent of Properties with Price Decrease 18 %
these are relatively negative Percent Relisted (reset DOM) n/a
implications for the market. Percent Flip (price increased) 0%
Median House Size (sq ft) 1249
Median Number of Bedrooms 2.0
Median Number of Bathrooms 2.0
Supply and Demand Altos Research Value Statistics
Inventory levels have been relatively Market Action Index Strong Buyer's 10.9 ≠≠
consistent relative to sales. Despite The Market Action Index answers the question "How's the Market?" by measuring
the current rate of sale versus the amount of the inventory. Index above 30
the fact that there is a relatively implies a seller's advantage. Below 30, conditions give the advantage to the
high amount of available inventory, buyer.
this Buyer's market is still seeing
prices move higher. Given inventory Trend Key: == Strong upward trend ≠≠ Strong downward trend
levels, these price conditions are ±+ No change = Slight upward trend ≠ Slight downward trend
relatively fragile. If the market
cools off further, the price trend is
likely to reverse.
Characteristics per Quartile
Quartile Median Price Sq. Ft. Beds Baths Age Inventory New Absorbed DOM
Top/First $ 375,000 2249 3.0 2.2 4 29 0 0 488 Most expensive 25% of properties
Upper/Second $ 210,000 1249 2.0 2.0 18 30 3 0 187 Upper-middle 25% of properties
Lower/Third $ 161,950 1249 2.0 1.8 4 30 0 0 180 Lower-middle 25% of properties
Bottom/Fourth $ 125,750 999 2.0 1.0 10 30 0 2 174 Least expensive 25% of properties
Page 2 of 26 Monday January 23, 2012
9. Condos & Townhomes in
City Overview
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
Median Price
Price trends continued their recent uptrend this week. While still below the market's price high-point, we've seen a nice run
recently.
7-day Average 90-day Average
Quartile Prices
Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift
(up or down) in the Market Action Index before prices move from these current levels.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 3 of 26 Monday January 23, 2012
10. Condos & Townhomes in
City Overview
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
Price per Square Foot
The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently
increase in tandem, as they're doing now, you can often find short-term investment opportunities. Watch the Market Action
Index for persistent changes as a leading indicator for these trends to flatten or drop.
7-day Average 90-day Average
Inventory of Properties Listed for Sale
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to
the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
7-day Average 90-day Average
Page 4 of 26 Monday January 23, 2012
11. Condos & Townhomes in
City Overview
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
Market Action Index
The MISSOULA market is currently quite strongly in the Buyer's Advantage zone (below 30). The 90-day Market Action Index
stands at 10.94. With several months of inventory available at the current sales rate, buyers should find ample choice.
90-day Average Buyers/Sellers Cutoff
Market Action Index per Quartile
Not surprisingly given the overall Market Action Index, all quartiles are in the Buyer's Market zone with several months of
inventory given the current rate of demand for homes in the quartile. Watch the quartile for changes before the overall market
shifts. Often one end of the market (e.g. the low end) will improve and signal a strengthening market before the whole group
changes.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized
by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s
Advantage zone (below 30) for a long period, prices are likely in for a downward correction.
Page 5 of 26 Monday January 23, 2012
12. Condos & Townhomes in
City Overview
Prudential Montana Real Estate | (406) 721-4141
MISSOULA, MT
Days on Market
The properties have been on the market for an average of 255 days. Half of the listings have come newly on the market in the
past 162 or so days.
7-day Average 90-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
Page 6 of 26 Monday January 23, 2012