Tina Daugherty

Trout Creek, MT 59874

Single-Family Homes

Broker


Trout Creek, MT 59874

Wed Oct 16 2024
This week the median list price for Trout Creek, MT 59874 is $754,500 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has held steady at or around 16. Click here to stay informed with the Trout Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

Trout Creek, MT 59874

Wed Oct 16 2024
This week the median list price for Trout Creek, MT 59874 is $754,500 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has held steady at or around 16. Click here to stay informed with the Trout Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

Real-Time Market Profile

Never miss important changes in the Trout Creek market.
Median List Price $754,500
Median Price of New Listings $0
Per Square Foot $278
Average Days on Market 147
Median Days on Market 109
Price Decreased 44%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent
Market Action 30
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,550,000 4,693 N/A 4 4 11 0 1 147
$812,500 2,535 N/A 3 2.5 26 0 0 108
$587,000 2,384 5 - 10 acres 3 2.5 30 0 0 129
$349,500 1,324 2.5 - 5 acres 2 1 44 0 0 66