2022 Half-Year Missoula & The Bitterroot Montana Market Trends

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FIRST HALF MARKET TRENDS 2022 · Missoula / Bitterroot Valley

CONTENTS 03 Missoula County 04 Ravalli County 05 Hamilton 06 Missoula 07 Stevensville 08 PureWest Locations The foregoing information was obtained from the Montana Regional MLS and while deemed reliable is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. THANK YOU TO OUR CLIENTS

MISSOULA COUNTY sold properties - first half 2022 TOTAL GROSS* sales volume IN MISSOULA COUNTY $268,610,372 $280,740,183 $322,304,722 $422,630,779 $436,440,095 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup RESIDENTIAL units sold 20222021202020192018 751762785816 604 $318,274 $339,853 $362,804 $498,195 $627,198 $293,300 $305,500 $326,500 $430,000 $540,000 $121,066 $186,086 $191,657 $197,903 $288,062 $90,000 $108,000 $105,000 $125,000 $166,750 AVERAGE DAYS ON MARKET 72 days 2021: 85 days AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 236 days 2021: 300 days 10%35%33%20%1%.7% 2018 2019 2020 2021 2022 only.Landand*Residential AVERAGE & MEDIAN sales price RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation.

RAVALLI COUNTY sold properties - first half 2022 TOTAL GROSS* sales volume IN RAVALLI COUNTY $129,040,477 $146,633,096 $155,012,375 $321,570,126 $291,556,389 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup RESIDENTIAL units sold 20222021202020192018 335347359 442 377 $322,810 $389,249 $395,011 $592,514 $678,654 $275,000 $305,000 $325,000 $445,000 $565,000 $112,406 $115,634 $156,439 $271,267 $313,190 $80,000 $99,000 $120,000 $174,500 $251,500 AVERAGE DAYS ON MARKET 100 days 2021: 117 days AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 174 days 2021: 183 days 13%30%40%13%3%.6%AVERAGE & MEDIAN sales price RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation.

HAMILTON sold properties - first half 2022 TOTAL GROSS* sales volume IN $42,556,475HAMILTON$44,387,385 $49,162,949 $105,550,344 $78,384,610 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup 23%64%3%9%.7%.7% RESIDENTIAL units sold 20222021202020192018 117 95 112 160 132 $328,475 $347,316 $386,890 $592,447 $532,127 $249,900 $284,900 $279,900 $378,500 $430,600 $164,992 $111,311 $208,339 $283,129 $267,277 $84,000 $93,000 $117,500 $232,000 $232,300 AVERAGE DAYS ON MARKET 96 days 2021: 127 days AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 156 days 2021: 215 days RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 only.Landand*Residential Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2018 2019 2020 2021 2022 AVERAGE & MEDIAN sales price

MISSOULA sold properties - first half 2022 TOTAL GROSS* sales volume IN $219,185,153MISSOULA$226,508,641 $248,627,321 $323,749,393 $329,900,980 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup RESIDENTIAL units sold 20222021202020192018 604625648643 501 $318,911 $336,185 $361,447 $487,159 $595,227 $297,000 $305,000 $327,900 $430,000 $520,200 $124,065 $210,163 $249,488 $210,753 $233,522 $90,000 $118,000 $125,000 $125,000 $169,000 AVERAGE DAYS ON MARKET 74 days 2021: 78 days AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 309 days 2021: 273 days 10%37%35%17%1%.2%AVERAGE & MEDIAN sales price RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2018 2019 2020 2021 2022 only.Landand*Residential

STEVENSVILLE sold properties - first half 2022 TOTAL GROSS* sales volume IN $37,991,942STEVENSVILLE$37,865,912 $38,866,220 $83,210,256 $79,133,654 2022 closed RESIDENTIAL transactions BY PRICE POINT $250,000 and Below $250,001 - $500,000 $500,001 - $800,000 $800,001 - $1,500,000 $1,500,001$3,000,001$3,000,000andup 13%33%35%16%3%.7% RESIDENTIAL units sold 20222021202020192018 108111 93 113 90 $320,889 $318,875 $361,413 $582,960 $692,647 $285,000 $290,000 $335,000 $450,400 $610,850 $246,353 $239,253 $285,644 $592,567 $326,969 $70,000 $74,000 $113,500 $158,800 $269,000 AVERAGE DAYS ON MARKET 84 days 2021: 108 days AVERAGEMEDIAN AVERAGEMEDIAN AVERAGE DAYS ON MARKET 133 days 2021: 162 days only.Landand*Residential Statistics compiled using residential and land sales reported as in the MRMLS database for the date ranges of 1/1/2018 - 6/30/2018 through 1/1/2022 - 6/30/2022, and while deemed reliable this information is not guaranteed. If you are currently working with another agent, this is not intended to be a solicitation. 2018 2019 2020 2021 2022 RESIDENTIAL LAND 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 AVERAGE & MEDIAN sales price

PUREWESTREALESTATE.COM MISSOULA / BITTERROOT VALLEY LOCATIONS HAMILTON 140 Cherry Street, #101 Hamilton, MT 406.363.980059840 MISSOULA 101 Railroad Street West Missoula, MT 406.541.400059802 STEVENSVILLE 415 Main Street Stevensville, MT 59870

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