MARKET NUMBERS
Thursday, September 17, 2009
| HowardSumner | Percentage Increase | ||||||
| Market update at glance | 9/15/2009 | Year | or -Decrease | ||||
| Yellowstone County | 2008 | 2009 | |||||
| Residential Closed Sales Units | 1463 | 1288 | -12% | ||||
| Residential Pending Sales Units | 219 | 325 | 48% | ||||
| Residential Active Property Units For Sale | 904 | 864 | -4% | ||||
| Average sales price Single family Home | $208,540 | $201,119 | -4% | ||||
| Average Square feet Single family Home | 2316 | 2278 | -2% | ||||
| Median sales price Single family Home | $185,000 | $180,500 | -2% | ||||
| Median Square feet Single family Home | 2206 | 2158 | -2% | ||||
| Average Days on Market Till Offer Received | |||||||
| Single Family Home | 60 | 67 | 12% | ||||
| Absorption rate - | TIME IN DAYS | ||||||
| Time it would take for all existing | 176 | ||||||
| properties to sell with no new inventory coming | |||||||
| into the market place - residential | |||||||
| SINGLE FAMILY PERMIT ISSUED FOR MONTH | 28 | 29 | 4% | ||||
| SINGLE FAMILY PERMIT ISSUED FOR YEAR | 206 | 155 | -25% | ||||
| Average Number of Rentals Advertised Sundays | 108 | 131 | 21% | ||||
| Average Asking Price for a Rental Home | $1,114 | $1,053 | -5% | ||||
| Average Asking Price for a Rental Apartment | $678 | $682 | 1% | ||||
