Tuesday, June 9, 2015 / by Jason Schaefer
May Market Report
The numbers are out for the month of May in the Missoula Real Estate market. You can see from the numbers several things stick out. First, listings are down 26% compared to 2014. For buyers, this is presenting challenges in finding a home that fits their needs. Our buyers that we work with, are strongly encouraged to get pre-approved through a lender, so when they do find the perfect home we are able to act quickly.
Additionally, this has had an impact on selling prices, as the median sale price is up 20% over 2014. When priced competitively according to the market and condition, all of our sellers are getting multiple offers.
If you have any questions - please let us know!
If you have any questions - please let us know!