JANUARY MARKET NUMBERS
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Market update at glance |
1/31/2009 |
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Year |
Percentage Increase or -Decrease |
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Yellowstone County |
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2008 |
2009 |
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Residential Closed Sales Units |
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|
114 |
59 |
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-48% |
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Residential Pending Sales Units |
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228 |
142 |
|
-38% |
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Residential Active Property Units For Sale |
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608 |
824 |
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36% |
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Average sales price Single family Home |
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$215,874 |
$191,014 |
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-12% |
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Average Square feet Single family Home |
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2443 |
2218 |
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-9% |
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Median sales price Single family Home |
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$185,000 |
$169,450 |
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-8% |
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Median Square feet Single family Home |
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2184 |
2149 |
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-2% |
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Average Days on Market Till Offer Received |
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Single Family Home |
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67 |
64 |
|
-4% |
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Absorption rate - |
TIME IN DAYS |
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Time it would take for all existing |
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225 |
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properties to sell with no new inventory coming |
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into the market place - residential |
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SINGLE FAMILY PERMIT ISSUED FOR MONTH |
15 |
2 |
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-87% |
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SINGLE FAMILY PERMIT ISSUED FOR YEAR |
15 |
2 |
|
-87% |
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Average Number of Rentals Advertised Sundays |
108 |
130 |
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20% |
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Average Asking Price for a Rental Home |
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$1,057 |
$1,014 |
|
-4% |
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Average Asking Price for a Rental Apartment |
$685 |
$695 |
|
1% |
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