Residential property is defined as a home on a lot or small acreage.
Zimorino's data came from the Missoula County Association of Realtors for property sales in Seeley Lake, Condon and Swan Valley. Interviews with real estate agents throughout the area confirmed a general upward trend in home prices, with sales slowing slightly in 1995. The real estate market has had its ups and downs since the late 1980s. However, prices generally kept increasing. In 1988, realtors saw a buyer's market.