| Market update at glance | Year | Percentage Increase | |||||
| Yellowstone County | 10/31/2011 | 2010 | 2011 | or -Decrease | |||
| Residential Closed Sales Units | 1460 | 1412 | -3% | ||||
| Residential Pending Sales Units | 205 | 227 | 11% | ||||
| Residential Active Property For Sale | 963 | 835 | -13% | ||||
| Average sales price Single family Home | $213,323 | $206,162 | -3% | ||||
| Average Square feet Single family Home | 2356 | 2345 | 0% | ||||
| Median sales price Single family Home | $189,000 | $181,750 | -4% | ||||
| Median Square feet Single family Home | 2220 | 2198 | -1% | ||||
| Average Days on Market Till Offer Received | |||||||
| Single Family Home | 63 | 70 | 11% | ||||
| Absorption rate - | TIME IN DAYS | ||||||
| Time it would take for all existing | 199 | ||||||
| properties to sell with no new inventory | |||||||
| coming into the market place - residential | |||||||
| SINGLE FAMILY PERMITS MONTH | 25 | 15 | -40% | ||||
| SINGLE FAMILY PERMITS YEAR | 213 | 166 | -22% | ||||
| Average # Rentals Advertised Sundays | 345 | 325 | -6% | ||||
| Average Asking Price Rental Home | $1,041 | $1,064 | 2% | ||||
| Average Asking Price Rental Apartment | $645 | $656 | 2% |
Home > Blogs > Howard Sumner > Montana Realtor Blog, Real Estate Market Information Billings, Montana, Yellowstone county
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