market numbers through may 31st 2009
|
Market update at glance |
5/31/2009 |
|
Year |
Percentage Increase or -Decrease |
|||||
|
Yellowstone County |
|
|
2008 |
2009 |
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
Residential Closed Sales Units |
|
|
808 |
605 |
|
-25% |
|
||
|
|
|
|
|
|
|
|
|
|
|
|
Residential Pending Sales Units |
|
282 |
306 |
|
9% |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
Residential Active Property Units For Sale |
|
827 |
821 |
|
-1% |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
Average sales price Single family Home |
|
$204,140 |
$197,345 |
|
-3% |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
Average Square feet Single family Home |
|
2278 |
2274 |
|
0% |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
Median sales price Single family Home |
|
$181,000 |
$179,900 |
|
-1% |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
Median Square feet Single family Home |
|
2158 |
2179 |
|
1% |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
Average Days on Market Till Offer Received |
|
|
|
|
|
|
|||
|
Single Family Home |
|
|
|
64 |
72 |
|
13% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Absorption rate - |
TIME IN DAYS |
|
|
|
|
|
|
||
|
Time it would take for all existing |
|
|
245 |
|
|
|
|||
|
properties to sell with no new inventory coming |
|
|
|
|
|
||||
|
into the market place - residential |
|
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
SINGLE FAMILY PERMIT ISSUED FOR MONTH |
29 |
29 |
|
0% |
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
SINGLE FAMILY PERMIT ISSUED FOR YEAR |
128 |
76 |
|
-41% |
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
Average Number of Rentals Advertised Sundays |
108 |
128 |
|
19% |
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
Average Asking Price for a Rental Home |
|
$1,114 |
$1,081 |
|
-3% |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
Average Asking Price for a Rental Apartment |
$678 |
$691 |
|
2% |
|
||||
