Market Report

Happy New Year! It’s 2023, I’m pouring over market statistics for December 2022 for Northwestern Montana, and despite gloomy national headlines I feel optimistic. One year ago today, there were about 40 homes on the market in the city of Missoula, and today that number is 155. One year ago, if buyers weren’t able to […]

I’m watching the snow come down as Western Montana made the very fast transition from late summer sun to two perfect weeks of fall then a winter storm. I love the beginning of winter here, and joked with a client recently that the mountains get all dressed up for us this time of year. Trends […]

The Big Picture After two years of steep home value appreciation, and mortgage rates doubling in the last 6 months, the July median sales prices for homes dropped across Western Montana. This is the story I expected to tell in June, but instead we had the highest ever median home prices recorded in Missoula, Ravalli, […]

Welcome to your May 2022 Market Report It’s summer! Interest rates are averaging over 6%! One thing that everyone knows about Montana weather is that if you don’t like what is happening, just give it 5 minutes. Well, if you didn’t like what the real estate market has been doing for the last 2 years […]