Market update at glance 9/30/2009 Year  Percentage Increase 
Yellowstone County 2008 2009 or -Decrease
Residential  Closed Sales Units 1550 1390 -10%
Residential  Pending Sales Units 203 330 63%
Residential  Active Property Units For Sale 910 888 -2%
Average sales price Single family Home $209,514 $201,200 -4%
Average Square feet Single family Home 2322 2275 -2%
Median sales price Single family Home  $185,985 $180,000 -3%
Median Square feet Single family Home  2207 2148 -3%
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 180
properties to sell with no new inventory coming 
into the market place - residential 
SINGLE FAMILY PERMIT ISSUED MONTH 21 23 10%
SINGLE FAMILY PERMIT ISSUED YEAR 227 178 -22%
Average Number of Rentals Advertised Sundays 108 133 23%
Average Asking Price for a Rental Home $1,114 $1,044 -6%
Average Asking Price for a Rental Apartment $678 $679 0%