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Cheyenne May Market Insider
 
Cheyenne May Market Insider
The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
Call (307-632-2355 or email me anytime to discuss how this information can benefit you!
Housing Market Trends - Sold vs. Listed
First you must understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to and have paid).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Some sales are not immediately available from public records. As they become available, the data are updated.
 
Housing Inventory Trends
Let's look at the number of ACTIVE listings in CHEYENNE (82007). These are listings that are currently for sale. May was a great month because inventory increased by 8.9% from the previous month. We have been low on inventory (meaning homes for sale) for a while now and this is a great sign that we may be seeing more!
The median number of days active properties have been listed is 46. ... more

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