market numbers 2009
Wednesday, January 06, 2010
| Market update at glance | 12/31/2009 | Year | Percentage Increase | ||||
| Yellowstone County | 2008 | 2009 | or -Decrease | ||||
| Residential Closed Sales Units | 1946 | 1959 | 1% | ||||
| Residential Pending Sales Units | 115 | 134 | 17% | ||||
| Residential Active Property Units For Sale | 799 | 763 | -5% | ||||
| Average sales price Single family Home | $209,087 | $200,363 | -4% | ||||
| Average Square feet Single family Home | 2326 | 2253 | -3% | ||||
| Median sales price Single family Home | $185,000 | $181,000 | -2% | ||||
| Median Square feet Single family Home | 2215 | 2148 | -3% | ||||
| Average Days on Market Till Offer Received | |||||||
| Single Family Home | 62 | 62 | 0% | ||||
| Absorption rate - | TIME IN DAYS | ||||||
| Time it would take for all existing | 159 | ||||||
| properties to sell with no new inventory | |||||||
| coming into the market place - residential | |||||||
| SINGLE FAMILY PERMIT ISSUED MONTH | 9 | 13 | 44% | ||||
| SINGLE FAMILY PERMIT ISSUED YEAR | 261 | 241 | -8% | ||||
| Average Number of Rentals Advertised Sundays | 301 | 400 | 33% | ||||
| Average Asking Price for a Rental Home | $1,114 | $1,024 | -8% | ||||
| Average Asking Price for a Rental Apartment | $678 | $670 | -1% | ||||