MARKET UPDATE THE NUMBERS STATS
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Market update at glance |
2/28/2009 |
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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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251 |
149 |
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-41% |
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Residential Pending Sales Units |
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207 |
206 |
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0% |
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Residential Active Property Units For Sale |
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670 |
836 |
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25% |
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Average sales price Single family Home |
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$203,219 |
$199,500 |
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-2% |
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Average Square feet Single family Home |
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2315 |
2312 |
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0% |
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Median sales price Single family Home |
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$183,000 |
$173,250 |
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-5% |
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Median Square feet Single family Home |
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2184 |
2185 |
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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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65 |
82 |
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26% |
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Absorption rate - |
TIME IN DAYS |
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Time it would take for all existing |
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241 |
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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 MONTHLY |
thru 2/28 |
26 |
15 |
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-42% |
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SINGLE FAMILY PERMIT YEAR TO DATE |
thru 2/28 |
41 |
17 |
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-59% |
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Average Number of Rentals Advertised Sundays |
108 |
136 |
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26% |
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Average Asking Price for a Rental Home |
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$1,114 |
$1,106 |
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-1% |
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Average Asking Price for a Rental Apartment |
$678 |
$688 |
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1% |
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