Market update at glance   12/31/2008 Year  Percentage Increase or -Decrease
Yellowstone County     2007 2008    
               
Residential  Closed Sales Units   2291 1924 -16%  
               
Residential  Pending Sales Units   151 115 -24%  
               
Residential  Active Property Units For Sale 650 799 23%  
               
Average sales price Single family Home   $204,249 $208,731 2%  
         
Average Square feet Single family Home 2330 2326 0%  
               
Median sales price Single family Home    $180,000 $185,000 3%  
         
Median Square feet Single family Home    2199 2212 1%  
               
Average Days on Market Till Offer Received        
Single Family Home      59 62 5%  
             
Absorption rate -  TIME IN DAYS      
Time it would take for all existing     200  
properties to sell with no new inventory coming       
into the market place - residential         
               
SINGLE FAMILY PERMIT ISSUED FOR MONTH thru 12/31 14 9 -36%  
               
SINGLE FAMILY PERMIT ISSUED FOR YEAR thru 12/31 427 261 -39%  
               
Average Number of Rentals Advertised Sundays 90 108 20%  
               
Average Asking Price for a Rental Home   $871 $1,057 21%  
           
Average Asking Price for a Rental Apartment $630 $685 9%