market update at glance
Saturday, December 04, 2010
| Market update at glance | Year | Percentage Increase | |||||
| Yellowstone County | 11/30/2010 | 2009 | 2010 | or -Decrease | |||
| Residential Closed Sales Units | 1835 | 1569 | -14% | ||||
| Residential Pending Sales Units | 212 | 200 | -6% | ||||
| Residential Active Property For Sale | 803 | 908 | 13% | ||||
| Average sales price Single family Home | $199,876 | $211,635 | 6% | ||||
| Average Square feet Single family Home | 2253 | 2353 | 4% | ||||
| Median sales price Single family Home | $180,000 | $187,900 | 4% | ||||
| Median Square feet Single family Home | 2142 | 2217 | 4% | ||||
| Average Days on Market Till Offer Received | |||||||
| Single Family Home | 63 | 65 | 3% | ||||
| Absorption rate - | TIME IN DAYS | ||||||
| Time it would take for all existing | 231 | ||||||
| properties to sell with no new inventory | |||||||
| coming into the market place - residential | |||||||
| SINGLE FAMILY PERMITS MONTH | 29 | 16 | -45% | ||||
| SINGLE FAMILY PERMITS YEAR | 228 | 231 | 1% | ||||
| Average # Rentals Advertised Sundays | 400 | 341 | -15% | ||||
| Average Asking Price Rental Home | $1,024 | $1,041 | 2% | ||||
| Average Asking Price Rental Apartment | $670 | $644 | -4% | ||||