Montana Public Radio

Brint Wahlberg

House for sale.
(PD)

Missoula’s residential real estate market remains red-hot with home sales up more than 20% from last year. A mid-year report released by local realtors Friday shows historic lows in available housing.

A new report shows Missoula’s growing population, combined with a tight housing supply continues to drive high demand and ever higher home prices.

Housing prices may dip in the short term due to the ongoing novel coronavirus pandemic. The long-term effects on real estate are still unclear.

House for sale.
(PD)

Missoula’s housing market continues its red-hot streak in the latest local housing report.

The median price of a Missoula home reached a record high last year of $290,000. That’s an 8-percent jump over 2017 and one of the findings of this year’s Missoula Housing Report, released Thursday by the Missoula Organization of Realtors.

House for sale.
(PD)

Today we’re taking a look at housing prices in Montana. In our last story, we reported on how tariffs on Canadian and Chinese building supplies are driving up prices for new homes in Montana.

But there appears to be some downward pressure on prices for existing homes.

“Well, so things are starting to change,” says Brint Wahlberg, of the Missoula Organization of Realtors.

Wahlberg says the local median sales price is still holding strong at close to $290,000.

House for sale.
(PD)

More homes were sold in Missoula last year than any other year on record. That’s according to a new report released today by the Missoula Organization of Realtors.

The latest housing report illustrates just how hot Missoula’s housing market is. In short, it’s white hot. Buyers snapped up over 1,500 homes; 151 more than in 2016.

Panelists at Missoula Rises' forum, "Tackling a Culture of Sexism" in Missoula, Feb. 26, 2018. L to R: UM Athletic Director Kent Haslam, UM Football Coach Bobby Hauk, Lisa Davey, UM SARC Director Drew Colling, UM President Seth Bodnar.
Nora Saks

The University of Montana’s president, athletic director and returning head football coach had a frank conversation with some of the football program’s toughest critics Monday night in Missoula.

They had a civil dialogue. The critics aired their grievances, and the University’s representatives said the school has done a lot to address issues like sexual assault. They said the football program has grown more mature, and that it’s focused on building men of character.

Fewer homes sold in the Missoula area during the first three quarters of this year compared to the same time last year, but a local real estate official says he's not too worried.

In fact, Brint Wahlberg says Missoula's housing market continues its steady recovery.

Missoula's housing market is warming up just a bit.

In the words of Missoula Organization of Realtors President, Brint Wahlberg, it's slowly but steadily improving.

The number of homes sold the first six months of this year stands at 454, compared to 557 during the first half of last year. The median "sold price" rose to $220,500 from $214,000 during the same period in 2013.

Wahlberg explains to Edward O'Brien the three main factors behind the lagging sales. The first one is interest rates :