MARKET NUMBERS THROUGH THE END OF APRIL
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Market update at glance |
4/30/2009 |
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Year |
% 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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643 |
423 |
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-34% |
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Residential Pending Sales Units |
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251 |
273 |
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9% |
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Residential Active Property Units For Sale |
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780 |
823 |
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6% |
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Average sales price Single family Home |
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$203,186 |
$193,831 |
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-5% |
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Average Square feet Single family Home |
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2283 |
2239 |
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-2% |
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Median sales price Single family Home |
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$180,800 |
$178,000 |
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-2% |
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Median Square feet Single family Home |
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2156 |
2146 |
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0% |
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Average Days on Market Till Offer Received |
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Single Family Home |
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69 |
77 |
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12% |
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Absorption rate - |
TIME IN DAYS |
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Time it would take for all existing |
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245 |
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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 MONTH |
28 |
17 |
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-39% |
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SINGLE FAMILY PERMIT ISSUED YEAR |
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99 |
47 |
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-53% |
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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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$1,114 |
$1,084 |
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-3% |
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Average Asking Price for a Rental Apartment |
$678 |
$695 |
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3% |
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